In Sweden, if you invest in / trade stocks and choose an “ISK” type of account, you pay almost zero tax on your gains (you pay a very low flat tax on the total value of your stocks, and this is quite unsubstantial for most average people who invest/trade)

At least compared to most other European countries, where every profit from stocks is heavily taxed, this is quite wild.

The downside of this ofc is that losses aren’t tax deductible either, and that you still pay the tax even if your stocks lost in value during the year. But still: Your capital gains earned through this scheme are close to be tax-free. If you bought a lot of Nvidia in January and sold it now, you could even withdraw the profit to buy a house or a car - and thereby avoid most of the tax that would come as a consequence of a bigger value of your stock holdings.

Just writing this to point out that there’s more nuance to this “taxes are high in the Nordics” narrative.