BOXX ETF uses index options to exploit US federal income tax loophole

You can compare it to whatever you like, I just used QQQ because everyone knows about it.
There are other ETF's which exceed QQQ but QQQ is a reasonably good long term performer, hence why I used it.
BOXX you cannot trade, its a buy and hold product.
QQQ you can trade and if you did this past year you'd exceed 50%.

So tell me why I'm obtuse?
 
BMK said:
Regulators can't close the loophole. It's built into federal tax law. Only Congress can change the law.

From the article:

Innovations like BOXX might bring fresh attention from Congress, where Ron Wyden, the Oregon Democrat and chairman of the Senate Finance Committee, floated the idea of ending ETFs’ special tax treatment in 2021. Any legislation would face stiff resistance from the $8.4 trillion ETF industry and its millions of individual investors.
More...

it’s why SPY doesn’t incur capital gains when there are index inclusions and deletes.
 
themickey said:
You can compare it to whatever you like, I just used QQQ because everyone knows about it.
There are other ETF's which exceed QQQ but QQQ is a reasonably good long term performer, hence why I used it.
BOXX you cannot trade, its a buy and hold product.
QQQ you can trade and if you did this past year you'd exceed 50%.

So tell me why I'm obtuse?
More...

because it’s apples and oranges. Compare it to sports betting instead.

the fact you can’t see how irrelevant your comparison is is what makes you obtuse.
 
newwurldmn said:
because it’s apples and oranges. Compare it to sports betting instead.
the fact you can’t see how irrelevant your comparison is is what makes you obtuse.
More...
Absolute nonsense!
Buy BOXX, get 5% max. Pathetic unless you don't know how to trade and risk averse.
Plenty of better stocks and etfs abound.
 
themickey said:
Buy BOXX, get 5% max. Pathetic unless you don't know how to trade and risk averse.
Plenty of better stocks and etfs abound.
More...

This product isn't meant for traders. It's for someone with a pile of cash that they want to park somewhere, for over a year, with little or no risk, with high liquidity. It's for someone who has been holding short-term treasury securities for this purpose. This product is an alternative that offers the same return with a lower tax rate.
 
themickey said:
Absolute nonsense!
Buy BOXX, get 5% max. Pathetic unless you don't know how to trade and risk averse.
Plenty of better stocks and etfs abound.
More...

Historically you have posted good stuff.

Today, you are being a moron. Did a kangaroo punch you in the head?
 
newwurldmn said:
Historically you have posted good stuff.
Today, you are being a moron. Did a kangaroo punch you in the head?
More...
Mate, you're the idiot!
There is 52 weeks in a year, if just one week in a year you can't make 10% on a crypto etf, you're a cot case.
This past week alone, 4 days hold, exceeded 10%. Not difficult.
 
BMK said:
This product isn't meant for traders. It's for someone with a pile of cash that they want to park somewhere, for over a year, with little or no risk, with high liquidity. It's for someone who has been holding short-term treasury securities for this purpose. This product is an alternative that offers the same return with a lower tax rate.
More...
Yes, I understand that. Plenty of traders trading who legally pay zero tax 52 weeks of every year.
 
You must log in or register to reply here.
Back
Top