Whats the best stock to invest in
- Thread starter Quigly
- Start date
Invest in real estate, much better than stocks IMO. If you do get into stocks remember that there's a 30 percent tax if you sell your stock before 10 years that you have to take into consideration and there's a fee of about 5 to 10 percent to the brokerage firm that does your trading for you. That means you have to make at least a 50 percent increase in value of your stock to pay off all the debts and have a little something left over for your troubles. Is it really worth it?
I didn't know there was a 30% tax on the money, that is pretty stupid. That is like playing the lottery huh. It is horrible chances of winning and then if you do when, so does the government, but if you lose, the government still wins, because it hasn't lost anything. Weird...
Yep, but that's the stock market. It is really a BIG GAMBLE and I don't trust it whatsoever. The stock brokers can use inside trading to take advantage of people anytime they want. It is better to go to Las Vegas, at least when you get screwed there your having fun!
That's not correct. If your stock went up 50% in value you would be taxed at your normal federal tax rate for the 50% increase in value. If you hold it for longer than 1 year or 5 years you can get successive decreases in your tax rate.
http://www.fool.com/taxes/2001/taxes010105.htm
If your ordinary income tax bracket is greater than 15%:
Capital Gains on assets held for a year or less are taxed at your ordinary income tax rate (anywhere from 28% to 39.6%, depending on your specific ordinary tax rate).
Capital Gains on assets held for more than a year are taxed at a reduced tax rate of 20%.
Capital Gains on assets held for more than five years are taxed at a reduced rate of 18%, but only if the assets were purchased on or after January 1, 2001. Assets purchased before January 1, 2001 that fall into this holding-period range are still taxed at the 20% long-term rate. (More on this in a moment
Capital Gains on assets held for a year or less are taxed at your ordinary income tax rate (anywhere from 28% to 39.6%, depending on your specific ordinary tax rate).
Capital Gains on assets held for more than a year are taxed at a reduced tax rate of 20%.
Capital Gains on assets held for more than five years are taxed at a reduced rate of 18%, but only if the assets were purchased on or after January 1, 2001. Assets purchased before January 1, 2001 that fall into this holding-period range are still taxed at the 20% long-term rate. (More on this in a moment
The most sensible way to play the stock market is not to.
Other than that, banks and armaments companies are often good. Failing that, basic utilities are also a good idea, nobody can do without their water supply now can they? However, all this depends upon the local performance of hte companies in quesiton. The best thing ot do is invest a vast sum of money in a kind of all stocks spread. It has been shown that that outperforms all managed portfolios, because it follows the entire market, and doesnt require fiddling about with. Then the trick is to sell out near the top of a bubble and not get carried away. It also helps if you ride out several stock market ups and downs, ie follow it for 40 years, since the evidence so far is that over that sort of period of time it will end up higher than it was at the beggining.
Other than that, banks and armaments companies are often good. Failing that, basic utilities are also a good idea, nobody can do without their water supply now can they? However, all this depends upon the local performance of hte companies in quesiton. The best thing ot do is invest a vast sum of money in a kind of all stocks spread. It has been shown that that outperforms all managed portfolios, because it follows the entire market, and doesnt require fiddling about with. Then the trick is to sell out near the top of a bubble and not get carried away. It also helps if you ride out several stock market ups and downs, ie follow it for 40 years, since the evidence so far is that over that sort of period of time it will end up higher than it was at the beggining.
You don't need a 50% increase in value of your stocks to make money. Only the capital gains are taxed, so you CANNOT say 50% capital gain - 30% taxes = 20% net profit. If you invest $100 and then it increase to $150 dollars only the $50 capital gain is taxed. Using your figures the entire value of the stock would be taxed. Using a capital gains rax rate of 30% you pat 30% of $50 dollars, or $15 tax. You still make a $35 dollar net profit.
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Well, some are. I have been following a stock for two years or so (not exactly sure). I first saw them at like $2 per share... then went all the way to $0.15 a share. Then a trend started to happen... a guy would buy a shit load of stock, it would raise the price per share a lot, then he would sell.. he made a killing of a profit. I told my dad about this stock way before this happened... he invested at $0.30.. he sold at $1.20.
The stock? SPDV. Company called SpaceDev.
But investing in stocks like this are risky.. but if the right risk is taken, there is money to be made
You can get any online broker that doesn't charge a percentage. Hell, most charge a flat rate of $8-$20, Etrade being the expensive one. I can't believe you guys are saying don't invest in stocks. If you take the time to research, you will do fine. Stocks can average about 9-11 percent annually which is alot better than a regular savings account. Although riskier, the stock market for the most part follows a trend (ups and downs) so investing wouldn't be a complete gamble. If you're young, then you really have nothing to lose. Risky is perfectly fine in my eyes. Since I am only 24 (25 soon ) I figure I could take a risk. If I do good I can retire early. If I do bad, big hooha I am right beside everyone else that doesn't invest. And real estate requires money, lots of it. For the average investor stocks would be a very viable investment.
In only 3 quarters I made $5000. How? Research and patience. One other note, don't depend on others to tell you what stocks are "good". If you want the payout, you gotta do the work. And anyways, stocks fluctuate so what's good today can be shit tomorrow.
) I figure I could take a risk. If I do good I can retire early. If I do bad, big hooha I am right beside everyone else that doesn't invest. And real estate requires money, lots of it. For the average investor stocks would be a very viable investment.In only 3 quarters I made $5000. How? Research and patience. One other note, don't depend on others to tell you what stocks are "good". If you want the payout, you gotta do the work. And anyways, stocks fluctuate so what's good today can be shit tomorrow.