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/biz/ - Business & Finance

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22437825 No.22437825 [Reply] [Original]

if i buy 100 stocks at .25 cents each. how much can i sell that for when it hits .50 cents each?

what would my total money be after i sell at .50 cents each?

>> No.22437831

yes

>> No.22437855

>>22437825
100 x $0.50 = $50

there's taxes on the gain of your $25 profit

>> No.22437869

oh god we are fucked

>> No.22437946
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22437946

>>22437855
so how are stonks even profitable unless you are able to have thousands of dollars to play with

a gain of 25 dollars (taxed) is absolutely nothing. even if it was 250 dollars or 2500. the amount of stress of sifting through graphs and shitting yourself when it drops is insane.

>> No.22438025

>>22437825
money go up especially if u buy

>> No.22438101

>>22437946
margin trading & futures

>> No.22438137

>>22437946
don’t pay taxes on anything under 25k

>> No.22438156

>>22437869
Kek.
The crash will be glorious

>> No.22438179

>>22438137
but my robinhood account will report me, not?

>> No.22438189

>>22437946
git gud
>the amount of stress
You get used to it. It's just money, none of this is real.

>> No.22438193

I didn't and the irs sent me a letter for like 9k profits that year.
So what I just tell them I'm a poorfag and there's nothing to tax?

>> No.22438355

>>22438193
Even if you don't have to pay you still have to report. If 9K was literally all you earned because you're a NEET, then yes, no taxes.

>> No.22438606

>>22437946

just buy SPY and collect 8% yearly, you dont have to do anything,