How long do you have to own a stock before you can sell it? - can you sellitems,thay you buy, on poptropica.com
If you buy shares may be sold, a week later? Or do you have to wait a bit before he can sell?
Friday, February 5, 2010
Can You Sellitems,thay You Buy, On Poptropica.com How Long Do You Have To Own A Stock Before You Can Sell It?
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6 comments:
Technically, you can sell a title before doing it yourself (as a "short circuit" one shares known)
However, it can be tax advantages, one hand for long periods, according to local tax laws.
If you own stocks, you can always sell. You must note that you must pay a commission on trade. You need a commission to pay when you bought the shares, so that when you sell, in fact, double the Commission's creation and they are both are. Therefore, to achieve the balance, the award should be to double the fee.
I warn you, if you sell the stock, and drew a loss, then buy within 30 days after the sale, you made a fictitious sale. The sale takes place to wash, if shares of an investor and the buy-back will be sold by at least 30 days after the sale. You can deduct capital losses on their taxes. However, in a wash sale can not claim the capital loss until a year later.
You can buy, sell, and as often as desired. Keep buying and selling of one minute and another, or to buy time to time, and give it to his wise children.Tax They are for profit taxon capital gains you are responsible for this situation. If you have a population of more than 2 years, the product of the rate of long-term capital gains tax, as currently 15%. The short-term gains tax rate on capital is 30% and hold at least 2 years. Another consideration for the purchase and sale is much more than the Commission, the costs can be high, where most of the places that you are provided for each transaction into account.
Kyle was wrong about the United States. A celebration of the year is the time difference between capital gains tax in the short term (up to the amount of income taxes, not 30%) and capital gains will in the long run (15% correct rate from now on. Obama increases to 20%)
Now. Buy cheap and sell high. You have to camp for 3 years or longer hold, but sold just before a market decline, as in 2008. Do some research and find the company you want to buy stocks.
You can sell when you have acquired. but try to get a good result? Most people will take 3 ~ 5 years to a substantial advantage.
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