Comments on: Stock Tip #1, Take Profits By Selling Half Your Position http://www.stocktradingtogo.com/2008/08/22/stock-tip-1-take-profits-by-selling-half-your-position/ Investing Online Made Easy Fri, 20 Nov 2009 09:55:02 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Blain Reinkensmeyer http://www.stocktradingtogo.com/2008/08/22/stock-tip-1-take-profits-by-selling-half-your-position/comment-page-1/#comment-97382 Blain Reinkensmeyer Tue, 27 Oct 2009 22:43:10 +0000 http://www.stocktradingtogo.com/?p=2676#comment-97382 That would be another way of handling it, yup! Selling it completely can work too. That would be another way of handling it, yup! Selling it completely can work too.

]]> By: wuddychunk http://www.stocktradingtogo.com/2008/08/22/stock-tip-1-take-profits-by-selling-half-your-position/comment-page-1/#comment-97366 wuddychunk Sun, 25 Oct 2009 09:51:50 +0000 http://www.stocktradingtogo.com/?p=2676#comment-97366 I can accept that eventually shares need to be changed in to cash to be spent. Therefore realising profits at least. What if you sell a share and it keeps rising in price? There is no point in buying shares in another company unless it is a better valued company. Surely it is better to cut losses and sell the shares in the companies that you don`t think are good value? I can accept that eventually shares need to be changed in to cash to be spent. Therefore realising profits at least. What if you sell a share and it keeps rising in price? There is no point in buying shares in another company unless it is a better valued company. Surely it is better to cut losses and sell the shares in the companies that you don`t think are good value?

]]> By: Blain Reinkensmeyer http://www.stocktradingtogo.com/2008/08/22/stock-tip-1-take-profits-by-selling-half-your-position/comment-page-1/#comment-97193 Blain Reinkensmeyer Mon, 14 Sep 2009 23:13:50 +0000 http://www.stocktradingtogo.com/?p=2676#comment-97193 Hi Chris, Great question. Yes, you do get taxed. The $5,000 sale is considered capital gains because they assume you sold for a profit based on the shares, not the dollar amount. So lets say that $5,000 was 100 shares of a $50 stock and now the stock is at $100. Well selling 50 shares (50%) means you have realized $2500 in realized gains from the original $2500 invested ($5,000 - $2500). That $2500 is subject to capital gains taxes :) Hope that helps! Hi Chris,

Great question.

Yes, you do get taxed. The $5,000 sale is considered capital gains because they assume you sold for a profit based on the shares, not the dollar amount. So lets say that $5,000 was 100 shares of a $50 stock and now the stock is at $100. Well selling 50 shares (50%) means you have realized $2500 in realized gains from the original $2500 invested ($5,000 – $2500). That $2500 is subject to capital gains taxes :)

Hope that helps!

]]> By: chris http://www.stocktradingtogo.com/2008/08/22/stock-tip-1-take-profits-by-selling-half-your-position/comment-page-1/#comment-97165 chris Fri, 11 Sep 2009 16:03:52 +0000 http://www.stocktradingtogo.com/?p=2676#comment-97165 What I mean is; I invest $5000 in a stock, it doubles and now i have $10000. I pull out the $5000 I invested, Does that $5OOO get taxed? What I mean is; I invest $5000 in a stock, it doubles and now i have $10000. I pull out the $5000 I invested, Does that $5OOO get taxed?

]]> By: chris http://www.stocktradingtogo.com/2008/08/22/stock-tip-1-take-profits-by-selling-half-your-position/comment-page-1/#comment-97164 chris Fri, 11 Sep 2009 16:00:51 +0000 http://www.stocktradingtogo.com/?p=2676#comment-97164 By selling Half my investement, Do i get TAX on that as though it was an income? Doens't seem fair if I do, because I'm only pulling money out that I've already payed Tax on. By selling Half my investement, Do i get TAX on that as though it was an income? Doens’t seem fair if I do, because I’m only pulling money out that I’ve already payed Tax on.

]]> By: Blain Reinkensmeyer http://www.stocktradingtogo.com/2008/08/22/stock-tip-1-take-profits-by-selling-half-your-position/comment-page-1/#comment-94522 Blain Reinkensmeyer Thu, 04 Jun 2009 04:38:56 +0000 http://www.stocktradingtogo.com/?p=2676#comment-94522 Hi Paul, good question and the short answer is no. I just emailed you though to explain in further detail! Hi Paul, good question and the short answer is no. I just emailed you though to explain in further detail!

]]> By: Paul Savino http://www.stocktradingtogo.com/2008/08/22/stock-tip-1-take-profits-by-selling-half-your-position/comment-page-1/#comment-94456 Paul Savino Wed, 03 Jun 2009 06:20:30 +0000 http://www.stocktradingtogo.com/?p=2676#comment-94456 Dang. I wish I understood stock trading. I have a stock that I bought 3 years ago at 3.46 per share (50,000) It is not at 8.29. I just let it ride.....not knowing how to 'take some of the profits'. Sure, I know how to sell...but wouldn't selling 15k shares raise my pps and then not allow me those 15k shares to make a profit with? Wow, I really don't get it. is there a very simple book, or website, that is a good place to learn....REALLY BASIC...with lots of examples! lol. HELP! Dang. I wish I understood stock trading. I have a stock that I bought 3 years ago at 3.46 per share (50,000) It is not at 8.29. I just let it ride…..not knowing how to ‘take some of the profits’. Sure, I know how to sell…but wouldn’t selling 15k shares raise my pps and then not allow me those 15k shares to make a profit with? Wow, I really don’t get it. is there a very simple book, or website, that is a good place to learn….REALLY BASIC…with lots of examples! lol. HELP!

]]> By: Blain Reinkensmeyer http://www.stocktradingtogo.com/2008/08/22/stock-tip-1-take-profits-by-selling-half-your-position/comment-page-1/#comment-65196 Blain Reinkensmeyer Mon, 25 Aug 2008 01:55:16 +0000 http://www.stocktradingtogo.com/?p=2676#comment-65196 Good suggestion and appreciate the feedback! Perhaps I will have to make this a future tip. Good suggestion and appreciate the feedback! Perhaps I will have to make this a future tip.

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