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URL:  http://boards.fool.com/hi-andre-yes-you-can-buy-and-sell-stocks-with-no-26205455.aspx

Subject:  Re: Question on Retirement Investing Date:  12/18/2007  8:13 PM
Author:  alaskack Number:  60443 of 75383

Hi Andre,

Yes, you can buy and sell stocks with no tax consequences. The only restriction I know is that you can't sell something you don't have possession. That is, you can't buy a stock today and sell it tomorrow. The buy has to clear the 3 day settlement period before it can be sold. If you violate this, your account can be suspended for 90 days.

Calvin
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