about 11 months ago - 1 comment
about 11 months ago - 2 comments
or is it an unofficial, loosely defined term to describe entities with certain characteristics?
about 11 months ago - 6 comments
Here’s the list off the top of my head 1) Poutine 2) Alexander Keiths India Pale Ale 3) Spruce Beer 4) Some local cheeses 5) Canadian wines (i.e. Jackson-Triggs Niagara) 6) Native arts and crafts containing “antlers” 7) Caribou sausage Beluga whale 9) Seal fur coats The rest you can find on ebay.com, including movies More >
about 11 months ago - 1 comment
The required returns on all stocks are the same, and the required returns on stocks are higher than the required returns on bonds. The required returns on stocks equal the required returns on bonds. A trading strategy in which you buy stocks that have recently fallen in price is likely to provide you with a More >
about 11 months ago - No comments
Also, if you can’t advertise as a hedge fund manager, how do you get potential clients / capital for the fund that you start? I take it a fund cannot cold call or email wealthy individuals in their area and let them know of their hedge fund / investment opportunity? How do managers get clients More >
about 11 months ago - 3 comments
I have heard that there are short-term and long-term distinctions for taxes on capital gains on stocks. Is that true? What is considered short/long term? What are the rates?
about 11 months ago - 3 comments
about 11 months ago - 3 comments
Arent there any kind of investments you can do online besides the 3 mentioned? They all perform lousy-anything other than markets as long as you can trade it online and make profits.
about 11 months ago - 3 comments
Some of these stocks were given 30 years ago ,some 10 yrs ago. sometimes it was 10 shares ,sometimes it was 50 shares.
about 11 months ago - 1 comment
The markets around the world have gone dramatically up today and Friday on news that the U.S Gov. will continue to bail out distressed financial institutions (ie Citibank) and will consider bailing out non-financial institutions (ie Ford and GM). Needless to say, the Gov. doesn’t really have this money to lend, so it’s raising same More >
about 1 year ago
year and a day.
about 1 year ago
over a year.
about 1 year ago
more than a year
ie 366 days
about 1 year ago
If you had any dividends that were reinvested in this stock, be sure to add that to your cost basis, also any broker fee/commision for selling it. Add that also. Or if there was a split of the stock, make sure that you are using the cost basis and percentage of the original stock that you are selling. This will go on a schedule D and losses may be limited to $3000 per year with the rest of it carryovered to following years.
about 1 year ago
If you purchased the stock, you need to hold it one year and one day to qualify for long-term capital gains tax.
If you inherited the stock, you have no minimal holding period. The sale of inherited stock is treated as long-term.
If you were given the stock, the holding period starts from the date of purchase of the donor. The holding period has to be more than one year for long-term capital gains, but you may own it for less than that time period.
about 1 year ago
You will always hear one year as of the settlement dates. When I practiced, I always told my clients to hold the stock for 366 days. That way, there would be no disputes with the IRS with regard to leap year. If you sell in less than 365 days {366 days during a tax year that is a leap year}, your gain is taxed at ordinary income. That could be as much as a thirty percent difference.
If you are subject to alternative minimum tax, the calculations are done the same manner. However, in real life, the taxpayer could pay an EFFECTIVE tax rate of 22% on the gain or portion of the gain.