LogFAQs > #938369333

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Topic	Stock Topic 4
Colegreen_c12 04/30/20 12:49:47 PM #15:	Moonroof posted... THE SELL AND FULL RE-INVEST METHOD You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. You immediately buy back in using your original $1,000 plus the profit of $100, totaling $1,100 at $5.50. It goes up to $6 and you sell. This is a 10% profit the first time you sell to for a $100 profit and a 9.1% profit the second time for a $100.09 profit, totaling a $200.09 profit. This isn't a real method and has 0 point. All your doing is making it more likely to pay short-term tax vs long term --- DPOblivion beat us all. <cite>Colegreen_c12 posted [p:938369333] in Stock Topi... [t:78641278]...</cite> <quote>Moonroof posted... </cite> <quote>THE SELL AND FULL RE-INVEST METHOD You put $1,000 in stock A at $5.00. It goes up to $5.50 at which point you sell. You immediately buy back in using your original $1,000 plus the profit of $100, totaling $1,100 at $5.50. It goes up to $6 and you sell. This is a 10% profit the first time you sell to for a $100 profit and a 9.1% profit the second time for a $100.09 profit, totaling a $200.09 profit. </quote> This isn't a real method and has 0 point. All your doing is making it more likely to pay short-term tax vs long term --- DPOblivion beat us all.</quote> ... Copied to Clipboard!
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