okay i was wondering if this is possible or did i understand this completely wrong and what other insights could you possibly give me…here is the scenario and tell me if this is possible and blah blah blah:
lets say you invest 0 into a company where their shares sell for .10 cents
so all of a sudden a week later the shares are now selling for .20 cents, this means you just got 00 instead of 0. So of course you like the result and sell the shares and have the 00 in your brokerage account…can you do this? is this allowed? what are the tax precautions? im a real estate guy, so i know when you buy a house and fix it up and sell it you are going to pay that tax usually 40% for the equity…what is it with stocks? can you sell it this fast? or do you have to wait a certain amount of time?
let me know…thanks for all the help
*oh and any other things i SHOULD know about stocks and investing into stocks
I need to scrounge up an extra ,000 dollars for a new car (current one is dying fast, and I am not interested in putting any more money into it).
I’m looking to sell of some of my stocks to raise the cash for the down payment, but not sure which of what I own would be a good sell right now. Preferably one (or ones) that aren’t going to have a lot of gains in the next six months or so, so it doesn’t feel like I lost out on too much to pay for my new ride.
Here’s what I have right now:
Johnson Controls (JCI) 100 Shares
Proctor & Gamble (PG) 100 Shares
International Business Machines (IBM) 50 Shares
General Mills (GIS) 100 Shares
I realize this is highly speculative, but how would you sell to get K out of the moarket, given those positions?
to buy stocks in that company? It sounds like a sure bet to me…..a company that is backed by the taxpayers where if they flounder they will be given even more BILLIONS of our dollars to survive. Its a sure fire deal if you ask me. What do you think?
May be a dumb investment, but most of us cannot afford to buy stocks, seemed like a good time to take a risk with only 0 invested.
They are making a ‘for sale’ list to sell off divisions, repay loan ASAP. Will this help or hurt them on Wall Street? Should I buy more stock? My bills are current, $$ only collecting 3% interest in savings.
All the fallout right now is actually good for us rookies, even Microsoft is in our price range now. Thank you in advance for any suggestions.