I am in yr10 and I am currently doing an AS exam for Business and for my exam preperation I need to research selling shares. what are some advantages and disadvantages of them?
What are some advantages and disadvantages of selling shares?
Thursday, September 17th, 2009 / Joe
Category: sell my timeshare
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Selling shares at a profit obviously brings you more income. If you sell them "short term" your tax liability will be higher than if you sold them "long term". Sometimes selling at a loss can "offset" some of your other gains limiting your tax liability. Hope I helped a bit. Have a nice day.
you have to buy stock before you can sell it
if you don;t sell, you can;t get your cash back
if you sell for less than you paid, you lose money