🔵 Open your Interactive Brokers account This is my personal broker of choice where I hold the majority of my investments smartmoneywithkai.com/ibkr
@jesuspena19362 жыл бұрын
Just for revision purposes, I think having the screen larger would be better for your vids
@SmartMoneywithKai2 жыл бұрын
Hi and thanks for your feedback. Sadly the phone screen I can't make any larger as it's already full size, but maybe some kind of markers to make highlights on what I am clicking would be good and easier to see. Cheers and happy investing🚀
@Success_is_inevitable2 жыл бұрын
Kai, the videos are pure quality and your energy and knowledge is on point. P.S. Don’t forget about me when you have million subscribers 😀
@SmartMoneywithKai2 жыл бұрын
You made my day, truly appreciate your kind comment, definitely the kind of fuel that keeps me going so thanks for that🙏And don't worry, if ever I'll hit that number, we'll have a drink together and celebrate our hopefully increased portfolios by then as well😉
@Success_is_inevitable2 жыл бұрын
@@SmartMoneywithKai I’m looking forward to that beer. Just keep hustlin’ . One question: do you know approx. how much taxes I’ll need to pay on crypto in Germany if my profit/loss was around 6k? 😎🤔😬
@SmartMoneywithKai2 жыл бұрын
@@Success_is_inevitable Sounds great, we'll do that🤝Here is what I found on that: At a personal level, profits regarding cryptocurrencies are tax-free if the total profit generated from private sales transactions in the calendar year was less than 600 Euros and sales of cryptocurrencies held over a year are tax exempt in Germany. This makes it a very attractive regime for individuals (0% tax rate), specially for long term hodlers. However, note that if at least one of these conditions is not met (holding over a year or sale under 600 Euros), the income arising from the sale of cryptocurrencies are subject to income tax over the net amount gained or lost at the time of the sale. So looks pretty good if you held it for more than 1 year, after which you can sell it tax free which is amazing. I suppose eventually they will fix that loophole as more people start investing it it, but for time being, this is fantastic and much more attractive than stock taxation.
@Success_is_inevitable2 жыл бұрын
@@SmartMoneywithKai I got this, thanks. But I sold something and my profit/loss is 6k. Any advice on percentage I need to pay back to the government?
@SmartMoneywithKai2 жыл бұрын
@@Success_is_inevitable Got it. Then best check out this article which summaries it well and shows you the numbers as it will be based on your personal income tax which is progressive koinly.io/guides/crypto-tax-germany/
@ciko7510 ай бұрын
IBKR should pay you for videos like this🙂 I have Android and I have problem with push notifications for trades, divi or price changes.
@SmartMoneywithKai10 ай бұрын
I wish they did😂 Thanks for sharing🙌
@SenseAll9 ай бұрын
I love your passion for Interactive Brokers. I recently opened an account with them and transferred assets from my other broker. Where are you from? Netherlands?
@SmartMoneywithKai9 ай бұрын
Thanks a lot and nice to hear that😉I am originally from Germany, but been living in many different countries and now for the last few years in beautiful Lithuania👌 Cheers
@SenseAll9 ай бұрын
Thank you for sharing your knowledge on how to better use Interactive Brokers as well as investment tips. I also love that you share so much knowledge on dividend investment. Its something I've been looking into.@@SmartMoneywithKai
@SmartMoneywithKai9 ай бұрын
Aww, thanks a million, so glad to hear you find it useful🙏
@JohnSmith-ec1fp2 жыл бұрын
Great video mate!
@SmartMoneywithKai2 жыл бұрын
Thanks a lot John🙏
@r2ishara2 жыл бұрын
Are you from Germany? Your command in English is very swift. Once in a while I hear a slight German accent 😊
@SmartMoneywithKai2 жыл бұрын
Hi and thanks a lot. I am indeed from Germany, but lived last few years in various countries around the world, so I suppose it should get better over time, but yea, I can't hide my roots but also proud of it, even though I guess it's not the most beautiful sounding language/accent:))
@tbo21202 жыл бұрын
Great video thanks bud!
@SmartMoneywithKai2 жыл бұрын
Thanks a lot mate, much appreciated 🙏
@theodorereid61292 жыл бұрын
If you're in a position and you hit close position does it execute a market order to quickly get out of your position or does it open an additional screen??
@SmartMoneywithKai2 жыл бұрын
It does come up with a pop up window informing you of the sell price and possible commissions if applicable.
@theodorereid61292 жыл бұрын
@@SmartMoneywithKai is there a fast way to exit a position over the phone if the trade begins to go against you?? Or even the web portal??
@SmartMoneywithKai2 жыл бұрын
@@theodorereid6129 Well if you need seconds to trade then this might not be the best, it’s more retail friendly. They also have IBKR Workstation. It’s more for pro’s but in my eyes a bit clunky but might be faster, though haven’t used it. The app is fast enough for me:)
@MyGibas2 жыл бұрын
Hi.Im new Ibkr Isa .Still confused how dividends alerts setup!?
@SmartMoneywithKai2 жыл бұрын
Hi Mindaugas. Actually they automatically pop up in your notification settings when you login you should see at the top right and it would show all the notifications including Dividends. If you don’t, click on it anyways and it should show notification settings so you could tweak those settings as per your preference. Also the weekly or monthly activity statements send to you by email would include that also. Hope that helps. Happy investing 🚀
@MyGibas2 жыл бұрын
@@SmartMoneywithKai 🙏 thanks for quick reply
@SmartMoneywithKai2 жыл бұрын
@@MyGibas Most welcome💯
@ylajodiste1 Жыл бұрын
how to log in?
@SmartMoneywithKai Жыл бұрын
Hi Walter, the regular way, like you would on your browser, same login details, later you can use Face ID to make it faster. Cheers.
@ylajodiste1 Жыл бұрын
@@SmartMoneywithKai great, thank you, sound easy, but my web user and pssword don't work in the app
@SmartMoneywithKai Жыл бұрын
@@ylajodiste1 That’s very bizarre as it’s literally the same platform and login. Strange. Would suggest you shoot a mail to their support to check. Cheers and happy Sunday.
@ylajodiste1 Жыл бұрын
@@SmartMoneywithKai thank you very much, I opened the account yesterday and apparently the platform was offline for maintenance, today everything is very easy and smooth.