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I thought if you had it less then a year you got taxed majorly? 1500 and getting taxed isnt that great of a deal I dont think?
Yeah, who wants free money if you only get to keep most of it?
the tax rate drops to 15% if you hold it for a year.
Free money.
Thanks for contributing to what is wrong with America today.
Very well, Money in exchange for being smart enough to figure out the uber complex "buy low/sell high" conundrum and expending the tremendous effort of pushing some buttons on a keyboard. I spend more effort and thought getting a Pepsi from my fridge than he did to make over $1000 (not a dig at SIV, I'm sure he did his research, just illustrating a point.)
Yup, you figured it out. Our personal stock accounts are what's wrong with America. The concept of profiting from putting our disposable income to work for us instead of pissing it away on lattes. Better call your representatives so they can get right on it.