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Tax and practicalities

Keeping records of your investments

Keep the date, price, quantity, currency and costs of every purchase and sale - you will need them for tax and to judge your own results.

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Keep a record of every purchase and sale: the date, the number of shares, the price, the currency and exchange rate, and the costs. Most brokers provide yearly statements, but your own overview makes tax returns easier and shows how your investments have really done.

Measure honestly

Include costs, taxes and currency effects, and compare with a simple index fund. That comparison tells you whether picking individual shares has been worth the effort.

This content is general information, not investment advice.