InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,570.64
(
-0.89%
)
US TECH 100
19,142.00
(
0.78%
)
Dow Jones
40,712.78
(
-0.43%
)
Brent Oil
77.26
(
0.86%
)
Bitcoin
61,068.38
(
1.15%
)
Post# of 279080
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

ClA

Send PM Follow Ignore
Followers 0
Posts 106
Boards Moderated 0
Alias Born 07/02/2004

ClA

Re: McSierra post# 19403

Monday, 08/09/2004 5:47:33 PM

Monday, August 09, 2004 5:47:33 PM

Post# of 279080
Thats a good way to get your original investment back. But don't forget capital gain tax!! 15% long term rate. And normal tax rate for short terms.

Good luck man. You might need to sell above .035 after tax considerations.

If it's long, Original Investment times 1.15, thats how much you need to gain back to cover your original investment after tax deduction. Maybe at .0402 (.035 X 1.15)? Well you do some calculation with Sale - Cost and the whole tax thing.
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up