User Power
Value/Post Ratio
2%
- Oct 1, 2007
- 130
- 2
I wanted to start investing in stocks in about a year and I'm playing around with simulators at the moment. Just had a few questions I've been wondering about.
If I put in $1000 and made $100 equaling $1100 will I get taxed on $1100 or just the $100?
Will I only get taxed if I withdraw the profit I made?
I've also been wondering about selling. What happens when you sell a common stock? Does the company buy it back or other people?
Thanks.
If I put in $1000 and made $100 equaling $1100 will I get taxed on $1100 or just the $100?
Will I only get taxed if I withdraw the profit I made?
I've also been wondering about selling. What happens when you sell a common stock? Does the company buy it back or other people?
Thanks.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.