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I've been very interested in stocks ever since I was a young kid. For all that interest however, I've never actually bought/sold/traded a stock in my entire life. I just set up an online account (TD Ameritrade), but I have no idea what I'm doing. I'm not necessarily looking for investment advice, as much as information on how this works. I have a few stocks in mind that I think I'd like to buy, but I don't know how it works. I recall seeing there is a $9.99 commission, for buying a stock(please correct me if I'm wrong). What exactly does this mean? Do I have to pay $9.99 for each share I buy, or every time I buy shares in any quantity, or is it something else?
If I wanted to buy 50 shares of a company's stock, do I have to pay $9.99 for each share or just $9.99 total for the whole transaction? What about if I'm buying shares of several different companies at a time? Also what impact will all of this have on my taxes? It's my understanding that capital gains tax is only paid after a stock is sold, but are there any other taxes I need to be aware of? Also if I sell a stock and need to pay capital gains, does this happen automatically like a sales tax, or do I need to keep records, and pay it when I get my taxes done? As you can probably tell I'm thoroughly inexperienced and ignorant.
I save about $100-$150/ month and that has always just gone into a savings account. I'd like to start investing in stocks, buying stock every time I get paid, but depending on how this $9.99 commission works, maybe I'm best off saving the money and buying a lot of stock all at once, a couple times/year. If anybody has any advice they'd be willing to share with an investing virgin I would really appreciate it. I'm kind of excited to get started but at the same time feel like I may have jumped into this too quickly; I probably should have had the answers to my questions prior to opening an account.
Any help would be very much appreciated.
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>>1821033
The $9.99 is for each time you buy no matter the quantity, some do deal per share though.
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>>1821033
Every time you do a transaction you are charged $10. It's like tipping at a restaurant.
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If you have 40k in student loan debt and you died. How would the bank get your money now after you die?
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they revive you and then you have to pay
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>>1820898
Sell your organs.
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>>1820898
Debts can't be inherited, so they would have to go after what was left in your estate, and reclaim what they could from the value of your belongings.
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What is behind Luxembourg economic growth? It just seem to be out of control after 1987. Also Iceland for example of normal growth and it's also small country like Luxembourg.
Luxembourg 550k citizens
Iceland 330k citizen
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>>1820864
tax shelter
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>>1820864
Big EU Banks sitting there for tax reasons
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>>1820864
Tax arbitrage. Neoliberalism is truely cancer.
Canadian-trader eh
canadian stock trade 2017-02-26 09:19:19 Post No.1820730
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canadian stock trade 2017-02-26 09:19:19 Post No.1820730
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canadian stock trade
Canadian-trader eh
2017-02-26 09:19:19
Post No. 1820730
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Hi, any canadians stock trader can help me? I might go into stock trading soon and I'm not sure with what bank to trade. Mine (cibc) charges 6.95 per operation. Is it the best I can get in Canada?
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Questrade
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>>1820730
Or virtual brokers
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thanks
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What would be an approachable way to make cash online?
Nothing really significant, just looking to see if I can.
Some really cool dude suggested making a niche website, which I will, but that doesn't really seem "approachable" unless you commit.
>inb4 Bitcoin
Rare pepe in exchange for info.
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>>1820665
camwhoring
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>>1820677
kys
>be a degenerate faggot
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>>1820665
When the cock goes to deep and you feel like you're choking make sure that you swallow
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Alright, /biz/. HS student here. I'm fed up with being a politician's playtoy and being subject to these bullshit politicized schools, strikes, and policies. I was born to be exceptional, not stagnant. I'm going to Schulich school of business after high school at York University, where I can get my tuition costs completely waived; my dad teaches ASL there.
I'd like a money-making endeavour to kill time and get experience with before I move on to the bigger things; does anybody know any virgin markets that I could dabble in and start a business?
I'm thinking interpreting American Sign Language for corporations, video producers, and anyone else, to proliferate their online presence. Any tips on how to get inside the corporate sector and get them to hire me?
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>>1820602
I live in nyc. lets start an organized crime ring
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>Ask a manager at a WalMart if you can give their employees a free intro to ASL seminar
>"I've trained staff at a fortune 500 company"
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>>1820608
Might actually try this
Anonymous
The Great Bitcoin Blocksize Debate 2017-02-26 07:51:07 Post No.1820592
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The Great Bitcoin Blocksize Debate 2017-02-26 07:51:07 Post No.1820592
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The Great Bitcoin Blocksize Debate
Anonymous
2017-02-26 07:51:07
Post No. 1820592
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Who's right?
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>>1820592
The FBI.
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Core. SegWit is the way forward. BU will destroy bitcoin.
t.Computer Scientist
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>>1820592
TRADE YOUR DOLLARS IN NOW! BUY ETHEREUM WHILE IT'S STILL IN REACH IT'LL NEVER BE THIS CHEAP AGAIN! THE BITCOIN TRAIN HAS LONG LEFT THE STATION BUT ETHEREUM IS AT THE GATE!
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what is the best place to buy bitcoin?
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>>1820578
its too late you missed the boat
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>>1820596
i'm not really interested on bitcoin but i need it to buy shitcoins.
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>>1820578
coinbase
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Hello /biz/, first time poster here.
I know a guy at my uni who invests in something similar to the stock market, except that instead of buying shares he buys foreign currencies to sell them back at profit. Basically he told me that you could make profit just by analyzing curves... He made it sound like it's pretty much an exact science, and apparently he does make money.
Anybody here has some experience with that? I have zero knowledge about the stock market and that kind of things.
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>>1820576
>I have zero knowledge about x
google it
ask specific questions later
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>>1820576
Foreign Exchange markets. He's almost certainly full of shit; it's almost impossible for retail (individual) traders to make money in Forex markets, let alone someone with as little capital as a college student.
Alternatively, he's gotten lucky a few times with highly leveraged trades (basically you amplify both your profits and losses by borrowing other people's money) but is soon going to take the wrong side of a trade and get wiped out (lose his entire balance because he overaggressively amplified his profits/losses through leverage)
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>>1820576
It's called triangle-arbitrage and hasn't been profitable since the early 2000s due to high-frequency trading. The "guy at your uni" just learned about the concept in lecture and thinks it still holds up in current market conditions. Ask him for his exact trade history for a few trades and you'll quickly see how fabricated his claims are.
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Which of the following qualities is better? Being flexible/goal oriented.
I have this question in my application, but I'm not quite sure what to choose. Both are good in a way and I did pretty well with other questions in the application, but this one just got me.
Help me out fellow /biz/
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Flexible. Adapting is the key to survival.
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>>1820558
System oriented is better than either.
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>>1820558
Flexible is a red flag the job is going to be bullshit.
It's kinda like "Fast paced environment" "Upbeat" etc etc. AKA "We are going to work you like an alabama nigger".
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How much do I have to earn to afford a leggy blonde PA?
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>>1820544
Probably at least 100k per year.
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>>1820544
Tree fitty
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>>1820544
Get a tall random ugly girl, get her to visit a surgeon to fix her face, then get her to go to the gym if she's too skinny or fat.
Don't forget to dye her hair blonde while she's sleeping.
Now you have an attractive leggy blonde for only the price of the surgery, the hair dye and the gym membership.
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>not that long ago it was easy to run a family with only father working
>now you need to have mother and father working 9-5 for family to live on a decent level
You guys told me that capiltalism is best possible system. So why life isn't getting easier?
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>>1820449
Read The Two Income Trap by Elizabeth Warren.
Now read it again, but as a racist.
Next, compare life in the pre-capitalist 1700s to the post-capitalist 1800s.
Then compare life in the communist societies of today (say, Cuba) with the capitalist societies of today (say, Singapore).
That should just about cover everything.
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>>1820449
It could be worse. You could live in Venezuela or North Korea where both parents need to work a 5 to 9 7 days a week for a piece of bread
Also we aren't living in a capitalist society anymore. If you live in Europe your nation has been usurped by socialism and if you live in the US your country has been usurped by half assed socialism and foreign lobbyists
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>>1820449
The problem is you are trying to live like you're in an era that's long gone.
Remain single, avoid having children and life is perfectly affordable.
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Where can I buy Icelandic bonds? pic not related
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I mean government bonds in the Icelandic government
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>>1820305
in iceland most probably
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>>1820319
Is there a solution where I don't need to take an airplane for 5 hours?
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What would be the best broker to use in Europe? I looked into Robinhood but it's America only.
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>>1820292
Where in Europe are you?
If you're in Scandinavia you can use nordnet. I think it's the best broker here.
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Not OP, but can anyone recommend a German broker?
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>>1820292
https://www.degiro.de/
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So i did my taxes on turbo taxes and my total refund for federal was 4k it was accepted is this guaranteed now if I have no debts/child support etc?
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>>1820205
As long as your tax return was legit, yeah you'll get a check for 4k.
BTW if there was anything fishy about your tax return be sure to purchase audit defense
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>>1820205
Tbh if I'm banging a bitch raw it's cause I'm ok with making her pregnant
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>>1820205
>have no debts/child support etc?
I don't see how this is relevant in you getting back your tax refund.
As long as all the information you put down is legit and accurate, you shouldn't have any problems getting back your refund check.