ABW Stock Exchange: All Things Investing

[Rubato]

Right. Just profits after sale. Your initial investment is taxed money. They cant tax taxed money.

And 20% is just a number I threw out. On short gains, your taxed your federal income tax percentage. For some of us it might be less than 20%, for other over 20%

If you get taxed on the profit at time of sale what difference does it make moving it to a diff account after the fact?

 

[AZTG]

If you get taxed on the profit at time of sale what difference does it make moving it to a diff account after the fact?

You dont get taxed at the time of sale. Your brokerage keeps track of your earnings and sends you a tax form end of the year, similar to a w-2. You add that to your income while taxing and get charged at the time.

 

[Rubato]

You dont get taxed at the time of sale. Your brokerage keeps track of your earnings and sends you a tax form end of the year, similar to a w-2. You add that to your income while taxing and get charged at the time.

So moving the funds out the account helps? How do you know which dollars to move?

 

[AZTG]

So moving the funds out the account helps? How do you know which dollars to move?

Moving the funds only means you got the money on hand when it comes time to pay. Lets sag you get charged 2k in taxes, it dont hurt to pay it cause you planned ahead and put that money aside.

 

[Rubato]

Moving the funds only means you got the money on hand when it comes time to pay. Lets sag you get charged 2k in taxes, it dont hurt to pay it cause you planned ahead and put that money aside.

Ohh aight bet

 

[Rubato]

Cute that they still think we getting a stimulus check but still good info

 

[ChicagoFigure]

Wondering if stimulus news affects the market significantly

I'm hoping a few stocks stay down long enough til I got extra money to burn

 

[AZTG]

Aye, someone told me that AQMS will have a big week late on thursday. It was too late for me to buy.

I checked this morning and it was up 35% premarket. I bought it and now its up 42% pre market.

Just a heads up.

 

[Rubato]

Not an endorsement but this is a good starting point for your research

 

[Rubato]

One hour between these tweets

I told y’all to follow this account for a reason

 

[Richdollaz]

Looking into $MSOS Cannibis ETF June 2021 call options. No crystal ball but these group of stocks tend to pop into the new year with more markets opening up, would be highly expected with the GA runoff elections and turn out is expected to be high.

 

[Rubato]

 

[Rubato]

Now this is how you research

 

[ChicagoFigure]

Now this is how you research

So much goes into picking a short term play ?

 

[Rubato]

So much goes into picking a short term play ?

This guy has earned a lot of trust from me this year

I pulled the trigger, will find out if he’s right very quickly

 

[ChicagoFigure]

This guy has earned a lot of trust from me this year

I pulled the trigger, will find out if he’s right very quickly

Just straight out buying shares or buying call options? I believe he mentioned both

 

[Rubato]

Just straight out buying shares or buying call options? I believe he mentioned both

Bought some shares

How do call options work?

 

[ChicagoFigure]

Bought some shares

How do call options work?

That's what I was about to ask u lol

 

[Rubato]

That's what I was about to ask u lol

 

[ChicagoFigure]

View attachment 431169

I get the general idea but need to see it done in action lol

Might give it a safe try with bbby where if I lose I won't lose much

I just don't think buying options gives u a position in a company could be wrong