I'm having trouble understanding how this is possible. I have tried asking my broker but they're of no help.
Most of my portfolio are US stocks.
My US portfolio is 19.307$ initial buy value and 21.574$ current value. My EU portfolio is 1.791€ initial buy value and 1.717€ current value.
Overall that should be about a 10% profit.
However my net profit seems to be only 450€ as my total cash transferred is 19.862€ . I don't understand where the ~1600€ difference is. One part are the makerfees which should amount to about ~350€ and tax for about ~100€. But that still leaves over 1.000€ uncounted for.
The only possibility I see is the USD/EUR exchange rate. Could this really matter that much? Does that mean it's just not profitable to invest in US stocks as a european?
Submitted July 22, 2017 at 03:38PM by tempostocks http://ift.tt/2uM1XHs
