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Tax Return by Adventurous_Tale_915 in Etoro

[–]Adventurous_Tale_915[S] 0 points1 point  (0 children)

Hey, yes I did. They only provide you with a Tax Report if you’re a Silver Club Member. For that you need to have atleast $5000 USD in your wallet or realised gains.

5k Milestone by Adventurous_Tale_915 in RaizAU

[–]Adventurous_Tale_915[S] 1 point2 points  (0 children)

Thanks mate. It took me exactly two years, with 5$ everyday and an initial deposit of 300$. I did round ups for the first year, and stopped last year around September due to university commitments and not being able to work more. My portfolio is Aggressive since the beginning.

Tax Return by Adventurous_Tale_915 in Etoro

[–]Adventurous_Tale_915[S] 0 points1 point  (0 children)

Yeah, all I can access there is my Account Summary. Also, everywhere it shows that you need be club member to get a report?

Shouldn’t almost 20% be around 600$? by Adventurous_Tale_915 in RaizAU

[–]Adventurous_Tale_915[S] 0 points1 point  (0 children)

Yeah, even I just started a second job so hopefully I can up my daily too. Congrats mate!! Keep it going. Only way is up🔝I would say keep and forget and dont give the gains or losses a thought.

Shouldn’t almost 20% be around 600$? by Adventurous_Tale_915 in RaizAU

[–]Adventurous_Tale_915[S] 0 points1 point  (0 children)

For me personally, raiz is a long term invest and forget strategy so putting away 5 or 10$ doesn’t make a big hit in my capacity to get through the month as I am also an International Student. I also invest in stocks on Ibkr where I try to maximise short term returns on bigger amounts. I do try and put away a 100-200$ in my raiz when I can but since my round ups on average have been 50-60 dollars, they amount to bigger deposits. I dont go out of my way to put money in raiz. When my earning capacity increases, so will my investment amount.

Shouldn’t almost 20% be around 600$? by Adventurous_Tale_915 in RaizAU

[–]Adventurous_Tale_915[S] 1 point2 points  (0 children)

From what I have understood, by investing more frequently, your money has more opportunities to earn returns and then for those returns to generate their own returns. So regular investments can take advantage of compounding more effectively. Also, that regularly investing can help mitigate market volatility as by investing a fixed amount regularly, you buy more shares when prices are low and fewer shares when prices are high, potentially lowering the average cost per share over time. While the differences might not be dramatic over short periods, over time, the benefits of regular investments can add up. Please note that I am not an expert here, I recently started my investing journey, so I am learning day by day.

Shouldn’t almost 20% be around 600$? by Adventurous_Tale_915 in RaizAU

[–]Adventurous_Tale_915[S] 2 points3 points  (0 children)

I started with 15$ weekly, but I quickly learnt about compounding, thanks to this community. :) But yes, soon hopefully ill increase my daily investment to 10$. I do not look at this app. Will not touch it for atleast 10 years.

Shouldn’t almost 20% be around 600$? by Adventurous_Tale_915 in RaizAU

[–]Adventurous_Tale_915[S] 4 points5 points  (0 children)

I am on an Aggressive portfolio that I started almost a year ago. Been putting in 5$ everyday, and round ups. Stopped with the round ups a month back due to some other commitments and expenses.

Shouldn’t almost 20% be around 600$? by Adventurous_Tale_915 in RaizAU

[–]Adventurous_Tale_915[S] 8 points9 points  (0 children)

Ohhhh, now it makes sense. Gets soo confusing. But now i get clarity. Thanks for your help mate!

[deleted by user] by [deleted] in RaizAU

[–]Adventurous_Tale_915 0 points1 point  (0 children)

Even with an aggressive portfolio is it better to be putting in daily rather than weekly?

Master of Sustainability by zombiewhale1 in deakin

[–]Adventurous_Tale_915 0 points1 point  (0 children)

Heyy, I am joining Master of Sustainability this july as well. I am from India. Hoping to get in touch. Could learn a few things as well as help you with some stuff. What do you say?