by wxplo | Oct 22, 2021 | Cryptocurrencies, Money Matters, Wealth, Wealth News
Do you have to pay taxes on cryptocurrency UK? Yes, you do. If you reside in the UK and hold cryptoassets they will be taxed if you make a profit (or gain) with the holding. The tax is Capital Gains Tax (CGT), meaning you pay tax on the difference between what your...
by wxplo | Oct 19, 2021 | Money Making Opportunities, Wealth, Wealth News
Is the new $600 dollar US reporting requirement an invasion of privacy. Yes, it is. How else can you look at it? Under the proposals financial institutions wil have to report transactions above $600. Few people enjoy paying income taxes. But once new reporting rules...
by wxplo | May 9, 2021 | Cryptocurrencies, Investing, Wealth News
It’s no secret that by offering and conducting trading in non-deliverable forwards (for speculation) Goldman Sachs are turning to ripe ‘money making’ opportunities connected to BITCOIN. As a hedge Goldies use futures contracts offered by the Chicago...
by wxplo | May 2, 2021 | Money Matters, Wealth, Wealth News
Capital Gains Tax (CGT) is payable on…capital gains – profit after costs. In the US, part of President Biden’s proposal for his American Family Plan is to potentially make property investors, amongst other wealth accumulators (Note: not wealth creators such as...
by wxplo | Mar 27, 2021 | Investing
Which investment? Choosing the right one can be tricky! Wealth products range from a vast array of Investment Funds (including Unit Trusts, Investment Trusts, Exchange Traded Funds and Hedge Funds) to Bonds, Equities (shares), Property and basically anything else...
by wxplo | Mar 23, 2021 | Wealth Creation, Wealth News
A Roblox Wealth Warning! Is it the Roblox Investment opportunity gamers have been waiting for? It’s not often another Google moment comes along. And some are saying that that’s exactly what the Roblox investment opportunity is. Two things to keep in mind:...
