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Anonymous
/n00b/ - Beginner General 2016-01-20 23:11:56 Post No. 1051705
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/n00b/ - Beginner General 2016-01-20 23:11:56 Post No. 1051705
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Well maybe not a general but a nice thread for a few days.
How do I begin investing? Not learning about it, but physically buying and selling stocks and commodities? The Robin Hood app can't be used outside the US, so what options do I have?
For myself, I am not interested in day trading so all the things about "quickest execution" and all that. What website is best for sticking a few thousand in to, for example, short oil for a few days, then trade out?
I would also be interested in sticking some money in a tracker fund, to get the most out of my savings. What is the best option for this? I am still a student, is there anything I need to do about taxes?
Thanks for the replies.
>>
1. Google brokers in <your country>
2. Sign up
3. Transfer money
>>
Why is both MER and Management fee listed?
Are they both added or whats up with that?
>>
>>1052024
MER relates to the standard or baseline fee the manager will charge. Management fee refers to an outperformance fee, which is of course conditional
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>>1051705
>buy shares at a 15% discount through ESPP
>price goes down, but is still higher than the actual price I spend.
>sell shares.
Do I have a profit or loss for tax purposes?
>>
>>1052164
If you took a profit, you profited. The IRS gives zero shits what discount you got on the stock. Your profit is their gain.
>>
Interactive Brokers. You can trade anything in the world, from anywhere in the world, on one platform. Minimum deposit 10k.
Next question.
PS~If you don't have 10k to play with then you're not ready.
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