LogFAQs > #940301395

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, Database 6 ( 01.01.2020-07.18.2020 ), DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicStock Topic 5
MarkS222222222222222
06/07/20 2:56:22 AM
#193:


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.

@Moonroof can you share the math for how you're getting this extra $.09?

---
This is quite a username I have here.
... Copied to Clipboard!
Topic List
Page List: 1