ABW Stock Exchange: All Things Investing

[Nope]

Came to load the site this morning to ask the OG’s a question but the site was down.
So for everyone who has been a investing in stocks for longer than a year, what do you guys do come tax time. Are you claiming everything and are you being taxed a large percent on it. What about crypto? Since that can be untraceable, do you even claim it or just keep it in the cut?

 

[AZTG]

Just remember no matter how stressful it gets, you only lose when you sell. Never sell stocks cause they are down on a day like today.

Its the same with gains, being up 1k doesnt mean shit unless you sell.

 

[wreckingball33]

I've been dabbling in the SPAC space from my aside from normal moves. SHLL, KCAC and LCA have been my gotos. From that standpoint, these next couple of months will be fun.

 

[Maza Yanga]

I'm Johnny come lately to all this. So don't insult me for asking these questions. What stocks do you get monthly checks from?
How much do you have to invest to get checks that actually pay bills etc? Also are sites like acorn and robin hood worth my time?

 

[ChicagoFigure]

I'm Johnny come lately to all this. So don't insult me for asking these questions. What stocks do you get monthly checks from?
How much do you have to invest to get checks that actually pay bills etc? Also are sites like acorn and robin hood worth my time?

If you're trying to get passive income from dividends in the amount of "bill money" you're gonna have to invest tens of thousands of dollars at the very least

 

[Diabolical_Dos]

Y'all keeping a eye on the news about Robin Hood?

 

[Rubato]

Y'all keeping a eye on the news about Robin Hood?

Not until right now but wow

 

[Diabolical_Dos]

Glad I got etrade as a back up.

 

[ChicagoFigure]

What's the robinhood lawsuit mean for it's users if they lose or settle?

 

[ChicagoFigure]

 

[AZTG]

What's the robinhood lawsuit mean for it's users if they lose or settle?

Probably nothing. What you can do on robinhood will probably change.

Worst case, they're forced to sell and your account gets transfered to a new brokerage with no charge you

 

[🌊City]

I can't get into stocks and trades as it all seems made up lol

I got my company stock only because it comes out pre taxes and allows me to take home more post taxes ??‍

 

[Rubato]

I can't get into stocks and trades as it all seems made up lol

I got my company stock only because it comes out pre taxes and allows me to take home more post taxes ??‍

 

[🌊City]

View attachment 353484

 

[Rubato]

I MAY have identified Trump’s next pump and dump stock when he alleges to have a pre-election vaccine...emphasis on MAY

Spoiler

 

[Banginscrew901]

I MAY have identified Trump’s next pump and dump stock when he alleges to have a pre-election vaccine...emphasis on MAY

Spoiler

Showing only a 1.93 a share

 

[Rubato]

Showing only a 1.93 a share

Check it in 24 hrs

And that’s pretty high already for a penny stock

 

[Banginscrew901]

Check it in 24 hrs

Why you say that?

 

[Rubato]

Why you say that?

Hype is building which drives up prices, lots of action on twitter late Fri and over the weekend

Only thing holding it down is the market still being closed

 

[Rubato]

Ima take a modest position on it just as an experiment really