If i buy stocks from new start-up business, for cheap, i dont have to pay monthly expenses for them right?
I just buy stocks and let them grow in interest rate right?
I do i get taxed if i sell my stocks?
2007-09-08 18:14:01 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing
Your question is a little confusing. You don't typically pay monthly expenses on stocks you own, whether they are startups or not.
You buy stocks and hope the price goes up so you can sell for a higher price than you bought them for. Some stocks pay dividends, some don't. Stocks don't pay interest.
If you sell your stocks at a profit, you pay tax on the gain.
2007-09-08 18:20:38 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
Stocks from new start up businesses are called IPO's. By the time they enter the stock market place their price is usually already inflated making them not worth buying right away. The price will plummet once enough new buyers have inflated it giving the ones who bought in before it went public a healthy profit. Also, yes, you do get taxed once you sell.
2007-09-09 01:22:37 · answer #2 · answered by Gabi ng Lagim 7 · 0⤊ 0⤋