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🚨 What Is Capital Gains Tax And How Short Term Capital Gains Is Best When Trading Penny Stocks

In this video I briefly explain what Capital gains tax is. I talk about both short term capital gains tax, and long term capital gains tax. I explain why short term capital gains tax is best for trading penny stocks.




7 comments:

  1. Good contribution! I enjoy the way you explain this. Definitely consider things that I didn't though before. So your course is also recommended for people who already have some experience? Thank you!

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  2. Darcy, yes this course is geared to anyone. Even veteran traders need to refresh themselves from time to time on just the basics of stock trading.

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  3. Hello James, great video, love learning from you, I appreciate honestly over everything else, and this is something that matters in this field. I understood that is definitely better to sell it, and don't make a profit, than keep it and even lose money, but if I knew there is a high probability of doing great after the year, do you still suggest to sell it?

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    1. With how the market is trading these days, i would sell for minimum losses instead of risking anymore.

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  4. You really explained this in such an easy to understand way. I didn't even think about taxes coming out of stock trading. That's another thing I'm going to have to worry about. How do you keep track of everything for your taxes?

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  5. Great, I've always been somewhat confused on what short term capital gains tax is and long term, but it makes so much more sense to me now. I understand that these both relate to the amount of time you hold a stock.

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  6. Necessary to have a post like this! Have seen many people wondering about this and you talk in such a charismatic and simple way, really enjoy watching your videos. 5/5 to all your work!

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