Best US Stock Tips

Posts Tagged ‘Instead’

For instance, if you sell a stock for $5 then your revenue is $5. But if you paid $3 to buy the stock, then you only really made $2.

My stock broker just reported the revenue, and not the profit. They’re reporting I earned $70,000 when I really only made like $3,000 because they didn’t discount the money I paid to buy the stock. Is this normal?

Also, how much is it going to cost to hire an accountant to go over all of this?

I have investments in the stock market in mutal funds that keep loosing money no matter what fund I move it too. Should I just pay off my home before the stock market takes it all?

I’m confused. If a fixed mortgage is 7%, wouldn’t it be better to invest in the stock market for an average of 10% in the long run. In this case, I could have a tax deductable while gaining in the stock market. So, should I pay off the mortgage asap or invest in the stock market?

So all US states require all cars on the road to have insurance . . . since insurance is just dollars put asside for release in the event of emergencies or other pre-determined event . . . why cant I just put $100,000 into a bank account and call it my auto liability account and have my car insured with the state under my name providing that I don’t touch those funds?