Not so. As a foreign investor in the USA there is no capital gains tax but a Cambodian resident pays 30% withholding tax on dividends. The withholding tax varies by country of residence - 30% is the maximum rate.

Kammekor wrote: ↑Sun Jun 14, 2020 4:30 pm

yongchi wrote: ↑Sun Jun 14, 2020 4:06 pm Over the years, I have tried myself at momentum trading, buy-and-hold, and pure gambling.
Momentum trading and short term gambling with shares made me nervous.
I followed the ups and downs way too closely for my taste.

They may work for someone else but they don’t match my personality, so I have returned to buy-and hold.

So far better for my wallet and better for my health as well.

I rarely look at what the markets do and feel a lot better that way.

At the moment I am concerned and wondering how to position myself?

But I concern myself with economic outlooks rather than the roller coaster.

I find these times very difficult too. I am a 'buy and hold' type, but with the Corona coming I sold most of my stock at the end of February and bought some gold. I bought most of my stocks back at the end of March, same stocks, just more because of the price drop. After the crazy recovery since I sold about 50% of them, and are now left with a relatively large cash position waiting for the correction I expected much earlier to buy more stocks. I'm scared if i buy stocks now I will be looking at losses for a year or two, so I sit and wait now. Even if I count in future inflation I simply can't believe the current prices for stocks reflect their real value, but the market proved me wrong so far.

The problem is there's not so many options since I'm living in Cambodia and more or less unable to leave. Buy land? Not an option. Build a house, same. So preparing the shores for storms inevitable coming is a bit difficult now.