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$70 a share...sorry ,but im excited
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<blockquote data-quote="klein" data-source="post: 865925" data-attributes="member: 23950"><p>No, but I did a lot of trading in my life. Here capital gain taxes are 30% from stocks.</p><p>So, if someone earns $1000 by selling shares at a profit - $300 of that goes towards taxes - still leaves a net profit of $700.</p><p>Or, like I said, just re-invest and get more shares for your money, and don't pay a dime on taxes.</p><p></p><p>Or better even yet : Just buy back the same shares at 20% lower costs, keep the 20% as profit, and give the government it's little share of that.</p></blockquote><p></p>
[QUOTE="klein, post: 865925, member: 23950"] No, but I did a lot of trading in my life. Here capital gain taxes are 30% from stocks. So, if someone earns $1000 by selling shares at a profit - $300 of that goes towards taxes - still leaves a net profit of $700. Or, like I said, just re-invest and get more shares for your money, and don't pay a dime on taxes. Or better even yet : Just buy back the same shares at 20% lower costs, keep the 20% as profit, and give the government it's little share of that. [/QUOTE]
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$70 a share...sorry ,but im excited
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