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sec_after_tax_growth.py

Shows historical price growth of $X (default: 10000) during a certain period of years (default: (since inception + 1 year) -> first date of current year) with dividends reinvestment after taxes and IB brokerage fees.

Assumptions:

  • You specify only full years
  • It's US security - stock or ETF
  • Broker is IB, registered in US
  • Holder is non-us resident, so he pays 10% US state tax from dividends
  • Holder has an IB account with fixed commissions for orders, which are $0.005 per share, with $1.00 minimum and 1.0% maximum
  • Holder has less than $100000 in equities on brokerage account, so he should pay $10 monthly fee (minus commissions when securities bought)
  • Holder buys new securities when he has enough money on his account
  • The only source of income to his account is dividends
  • Holder can't buy part of security, only full ones

What else holder should take into account:

  • Bank transfer fees
  • Brokerage withdrawal fees
  • Local dividend taxes
  • Local capital gains taxes
  • Inflation

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