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Should I invest in stock?
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<blockquote data-quote="Re-Raise" data-source="post: 814116" data-attributes="member: 16501"><p>I said he was wrong when he stated that the DESP was taken out before taxes. I have bought and sold over 100k in UPS stock since I began buying it before the IPO. </p><p> </p><p>The only time I ever had to pay taxes on income from a stock sale as normal income was when I sold some shares I held for less than a year so the discount came into play.</p><p> </p><p>You must hold all shares bought through the DESP for 2 years now before they can be sold which makes the difference in the purchase price and the price you sell the shares at a capital gain or loss.</p></blockquote><p></p>
[QUOTE="Re-Raise, post: 814116, member: 16501"] I said he was wrong when he stated that the DESP was taken out before taxes. I have bought and sold over 100k in UPS stock since I began buying it before the IPO. The only time I ever had to pay taxes on income from a stock sale as normal income was when I sold some shares I held for less than a year so the discount came into play. You must hold all shares bought through the DESP for 2 years now before they can be sold which makes the difference in the purchase price and the price you sell the shares at a capital gain or loss. [/QUOTE]
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Should I invest in stock?
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