Hiya.. Im a new investor.. only 25. I make aprox 30k.. near 40k with overtime :) I want to invest in a company I think will be BOOMING within 4 years..<Loral space communications> but I dont wanna buy the stock for 16 now and then when it goes to $100 a share I lose 30k in taxes when I cash out. Id like to cash out in aprox 5 years and put the money towards a new house or condo. What do I do?How can I protect my money from being bombed by taxes? I know I will definately need the money in aprox 5 years. I read the new tax laws, im so confused my head is going to explode, please help :)PS- Remember, im new.. Be gentle :)
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS<