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Got a quick question for yall.

Lets say you started messing around in the stock market a year ago.. You copped 10 shares last year April and held on to it. Copped 25 shares in June and 5 in November.....

All the same stock but you copped at different times. Coming up on a year and a day from when you started, so long term capital gains tax will apply as opposed to short term.

If you decide to sell 10 shares.. how will they know if you inteneded to sell the 10 shares you copped in April at that price that have moved into long term as opposed to the other shares that you havent had for a year and a day yet

dunno if that even makes sense... lol
 
Got a quick question for yall.

Lets say you started messing around in the stock market a year ago.. You copped 10 shares last year April and held on to it. Copped 25 shares in June and 5 in November.....

All the same stock but you copped at different times. Coming up on a year and a day from when you started, so long term capital gains tax will apply as opposed to short term.

If you decide to sell 10 shares.. how will they know if you inteneded to sell the 10 shares you copped in April at that price that have moved into long term as opposed to the other shares that you havent had for a year and a day yet

dunno if that even makes sense... lol

Certain brokerages will show you all your different purchases and let you pick which ones to sell.

Other than that, I believe when you sell, the oldest ones get sold first.
 
$FREQ

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U People have funds? Got any tips which to buy
Pretty much just averaging down.
 
Copped 2500 shares of GTCH to see what it does. Gonna pick up another 2000 of BMIX too. The way I see it, that's money I could blow and not even remember where it went. Might as well put it to use and see what these stocks do long term.
 
$TCNNF earnings released yesterday resulted in an expected pullback on the positive news. Buy the rumor, To Sell the news. 1st quarter numbers for 2021 is looking positive as well. As The Pill Mill that is Florida Healthcare Industry moves to Cannabis, it’s expected for them to be the first profitable cannabis company to eclipse $1 billion dollar in profit. This news took precedent over the news of the SAFE Banking Act being introduced into the Senate. Moreover to conclude they received 4 upgrades in stock price by analyst. Disclaimer, this ain’t a stock advice and should not be used as such. Follow up with your DD.
 
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