fake stock investing program i need help im new to this?
ok so i invested some fake money into ttwo and activison (forgot symbol). And i have no idea how stock investing (trading ) works so is it like you buy stock or shares then when the stocks rise in price i sell my stocks right(make profit). And i also have no idea if i buy stocks how do i lose money exactly when i can just wait for the stock to rise not fall. just correct me if im wrong and explain the thing ya i signed up thre but i need my questions answerd plz
Public Comments
- sign up at http://vse.marketwatch.com
- You can use Yahoo Finance to track it for you. If you buy a stock, and the stock price goes up, and you sell it for more than you paid for it, you made money. If you buy a stock, and the stock price goes down, and you sell it for less than you paid for it, you lost money. If you buy a stock, and it pays a dividend, the stock price will always go down the amount of the dividend paid. You need to calculate that in to see if you made a profit. If you receive a dividend, you have to pay taxes on the dividend, no matter what. If you sell the stock less than a year after you bought it, you have to pay the higher Short Term Capital Gains tax on any profit. If you sell the stock more than a year after you bought it, you have to pay the lower Long Term Capital Gains tax on any profit. Your brokerage charges you a fee for each transaction, and the SEC charges a fee on each sale. You need to figure that in also.
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