Gross Assets of This Week
Here is the status of gross assets.
Total earnings of investment was JPY +166K this week...
As reported in Automated Forex Trading 2023 Wk7 (Feb 12-18), the performance was very strong until the CPI release on Feb 14th, but it turned out to be tough for the later half of the week. Can I say I got a passing mark??
I would like to think about the settings so that I can get a little more stable income.
Sorry, the past records until Wk6 of 2023 are in Japanese.
Tax Return
2022 is the year I started Forex and the invest term is not all year, the income tax for Forex was just under JPY 600K. After considering the deduction for donations (ふるさと納税: Hometown Tax) the income tax was about JPY 400K.
However, there were some other profits of about JPY 2.6M (other than salary or Forex) which are classified as a progressive taxation. Due to the last annual salary as an office worker, the tax rate was painful and the income tax was over JPY 0.8M. 0.8M income tax for 2.6M income??
The total income tax is about 1.3M in JPY...
Too expensive!
I decided not to work hard for progressive taxation as the harder I work, the more I lose.
Don't raise the tax ratio for Forex!
Supplementary Information on Gross Assets
In order to increase income as much as possible, I am reviewing the settings and making additional settings, and am reporting the current settings collectively in the category, Automated Forex Trading.
In the future, I would like to consider further additional settings, it will be reported in a timely manner.
- The asset status does not include unrealized gains and losses. (Currently, there are lots of unrealized losses, so if taking them into account, the gross assets will be decreased.)
- Tsumitate NISA is excluded from the investment P/L. (As the total investment will be increased every week for Tsumitate Nisa, I am excluding it for now. When the ratio of Tsumitate Nisa gets large enough in terms of the total assets, I will think about hot to show it.)
- The gross assets are under my control. I don't include the account that I put our family's living expenses or my wife's asset. (I am only showing the assets which are visible to me.)
- The week-over-week value shows a pure increase or decrease. If there is an asset transfer, it is not reflected. (For example, if transferring assets from deposits to investments, the transferred funds will not be reflected in investment gains and losses. Also, additional funds from the assets which are not shown here might be added later. Therefore, there may be rare cases where only the total financial assets is increased even though there is almost no change from the previous week.)
