Question about stock?

Discussion in 'UPS Discussions' started by fedxsux, Jan 10, 2008.

  1. fedxsux

    fedxsux Member

    I started purchasing stock April 06. I know there is a 2 year wait to sell. My question is. Can I sell everything come April 08? or is it only the stock for the 2nd quarter of 06 and I have to wait till July to sell the 3rd, etc
  2. rwsmith67

    rwsmith67 New Member

    FEDEXSUX, Better think twice before you sell, the company is making drastic moves in the last two days to push the stock price up, i.e. increasing the buyback from 2 billion dollars to 10 billion, plus several other things, better do your homework before you sell!
  3. Channahon

    Channahon New Member

    You should also consult a tax advisor. I strongly recommend you do that, so there are "no surprise' tax consequences.
  4. kenco80233

    kenco80233 New Member

    I read something a while back,that said that you could sell stock in 2008 and not have to pay any capital gains tax.Has anyone heard anything like that?
  5. fedxsux

    fedxsux Member

    So, noone really answered my question. Will all of my stock be available or is a 2 year wait from each quarter.
  6. Kjjjmo

    Kjjjmo Guest

    You can sell your shares 2 years after you purchased them regardless. Example bought in July 06 then you can seel by July 08. There are exceptions to that if you are going through hardship, Hope not. Hardship like Medical bills, fire destroys house etc.
  7. Z All

    Z All Guest

    Each lot you purchase has a 2 year wait. Yes, you have to wait for each quarter's shares to pass the 2 year waiting period.