• Do i have to pay taxes on stocks?

    hello currently im a jobless college student the trades stocks for fun. I've have $50 invested in robinhood and have made $6 over the past 4 months. i know that you have pay taxes on stocks but is there a minim amount requirement? Any help would be appreciated since i've never done taxes.
    hello currently im a jobless college student the trades stocks for fun. I've have $50 invested in robinhood and have made $6 over the past 4 months. i know that you have pay taxes on stocks but is there a minim amount requirement? Any help would be appreciated since i've never done taxes.
    9 answers · 21 hours ago
  • Getting out of debt?

    I have $11000 invested in stocks. I get a 200 dividend every quarter. I'm trying to eliminate other debt now that adds up to $14000. Would it be a good idea to pull my money from the stocks to pay off two of the three Bill's? Ones a car payment others for braces with no interest and third is a credit card... show more
    I have $11000 invested in stocks. I get a 200 dividend every quarter. I'm trying to eliminate other debt now that adds up to $14000. Would it be a good idea to pull my money from the stocks to pay off two of the three Bill's? Ones a car payment others for braces with no interest and third is a credit card with no interest for 14 months. I was thinking of paying off the car payment and throw the additional to the next lowest. Any suggestions would help! Thanks in advance!
    10 answers · 3 days ago
  • I want to invest $10K in poultry ?

    My chicken will lay eggs and more chicken will come out of these eggs and like a compound interest my chicken count will reach millions and I will retire rich ! Do you guys think this is a good idea ?
    My chicken will lay eggs and more chicken will come out of these eggs and like a compound interest my chicken count will reach millions and I will retire rich ! Do you guys think this is a good idea ?
    11 answers · 4 days ago
  • What is your asset allocation for your retirement account(s) (stocks, bonds, short-term percentage)? Also, how old are you?

    Best answer: In my upper sixties and retired.

    My pension and Social Security exceed my normal monthly expenses,,

    About 60% stock and 40% savings and money market accounts.
    Best answer: In my upper sixties and retired.

    My pension and Social Security exceed my normal monthly expenses,,

    About 60% stock and 40% savings and money market accounts.
    8 answers · 3 days ago
  • How can I invest in the stockmarket and make instant returns right now. I got $100 in the bank.?

    I kinda just want to gamble it and see if I can multiply it. But I don't know anything about Forex or Stock market.Is there like a website similar to ebay how does this work. I know i can just trade currency at my bank without the fancy graphs and whatnot.
    I kinda just want to gamble it and see if I can multiply it. But I don't know anything about Forex or Stock market.Is there like a website similar to ebay how does this work. I know i can just trade currency at my bank without the fancy graphs and whatnot.
    6 answers · 1 day ago
  • How do taxes apply to an inherited stock?

    I live in Virginia. Recently we lost a family member. This person had a stock investment and it was given to us via her will. I ve never owned stocks before. I don t know how this works. I understand that if i sell the stock and take the money, then of course i have to pay taxes on it. But what if i leave the stock... show more
    I live in Virginia. Recently we lost a family member. This person had a stock investment and it was given to us via her will. I ve never owned stocks before. I don t know how this works. I understand that if i sell the stock and take the money, then of course i have to pay taxes on it. But what if i leave the stock in the account to grow? Do i still have to pay taxes on my new stock even i don t touch it for a while? And what about capital gains tax? Do i have to pay that on the current amount, or do i only pay gains tax on any gains from this point forward? I don t understand how any of this works.
    8 answers · 6 days ago
  • Military thrift savings plan?

    I m trying to figure out if i should start investing in the TSP or not, as of right now i don t plan on serving for 20 years, I understand that not fulfilling the 20 years i won t recieve all the benefits, but is it still worth investing in? And if so why?
    I m trying to figure out if i should start investing in the TSP or not, as of right now i don t plan on serving for 20 years, I understand that not fulfilling the 20 years i won t recieve all the benefits, but is it still worth investing in? And if so why?
    6 answers · 5 days ago
  • As an unfortunate black and white mixed woman which race man should i marry?

    Best answer: Me too. I am quad racial. I like that I confuse people.
    Best answer: Me too. I am quad racial. I like that I confuse people.
    21 answers · 1 week ago
  • How to climb the social ladder as a woman?

    Best answer: Be the best @ what you do. Then you will just be part of the elite instead of 'not a man'.
    Best answer: Be the best @ what you do. Then you will just be part of the elite instead of 'not a man'.
    5 answers · 4 days ago
  • I want to invest money into stocks, what is the first advice?

    In other wards I want to learn. Thanks for looking into it.
    In other wards I want to learn. Thanks for looking into it.
    5 answers · 6 days ago
  • Do I have to pay a Tax for withdrawing from my Roth IRA?

    HI! Question: I know that pulling contributions from your Roth IRA is not subject to a fee. So, this year I started my first IRA. I put it in about 200 a month. In December, I was afraid of the market volatility, and decided to take out some of my contributions, to be safe. Here is where it gets a bit... show more
    HI! Question: I know that pulling contributions from your Roth IRA is not subject to a fee. So, this year I started my first IRA. I put it in about 200 a month. In December, I was afraid of the market volatility, and decided to take out some of my contributions, to be safe. Here is where it gets a bit confusing.... These are not the actual numbers, but for clarity sake I will simplify. Over the year I contributed $3,000. In December, my portfolio was worth $2,600, I was down $400. I sold $1400 worth of shares via my Vanguard Roth IRA account and transfered that money into my Bank account. Now, was I wrong in assuming that by selling $1400 I was removing my $1400 of contributions? Because now that I am entering information into TurboTax, I am being charged for that sale of stocks, even though my portfolio was in the red. I hope this makes sense - and I also hope I dont have to pay a tax on this withdrawal - please help, thanks.
    5 answers · 5 days ago
  • Where do millionaires and billionaires put their money?

    banks only insure $250k. Other then stocks and real estate, what else is there to invest?
    banks only insure $250k. Other then stocks and real estate, what else is there to invest?
    11 answers · 1 week ago
  • I make 100,000 dollars a year.How to invest ?To become a millionaire?

    Best answer: Invest as much as you can in a broad market, low-fee mutual fund, like VFIAX. You might get a compounded average annual return of 8.50%, but the historical return is more like 11%. Reinvest the distributions and never take any money out of it. Invest $100,000 per year, and you should have $1 million in less that... show more
    Best answer: Invest as much as you can in a broad market, low-fee mutual fund, like VFIAX. You might get a compounded average annual return of 8.50%, but the historical return is more like 11%. Reinvest the distributions and never take any money out of it. Invest $100,000 per year, and you should have $1 million in less that 7.6 years.
    5 answers · 6 days ago
  • Could the United States national debt be reduced drastically if the government stopped making Social Security payments to elderly people??

    Best answer: yes, but that will never happen.
    Best answer: yes, but that will never happen.
    15 answers · 2 weeks ago
  • I want to buy stock in a company but I cant find it on the market.?

    I want to buy stock in Shadow Tech, a cloud-based gaming company. Its owned by the Blade SAS group. Ive been using the Robinhood broker app to buy and sell stocks. My problem is I cant find this company or group listed on the market. Why would that be?
    I want to buy stock in Shadow Tech, a cloud-based gaming company. Its owned by the Blade SAS group. Ive been using the Robinhood broker app to buy and sell stocks. My problem is I cant find this company or group listed on the market. Why would that be?
    18 answers · 2 weeks ago