So I sell my stocks market, I originally bought about 104 dollar, and hold the stock for 2 weeks and went up to 132. today I sell that 1 stock exactly 132, I'm just curious how much profits I would make of that 1 shares
- 8 months ago
****, I wish a stock would go up that much in 2 weeks! Id be freaking making soooooo much money!
- zipperLv 68 months ago
So you suck at math, the profit is $28.00 less any brokerage fees!
- SumDudeLv 79 months ago
132 - about 104 ... before broker fees and income tax (short term rate)Source(s): lucky guess
- StephenWeinsteinLv 79 months ago
$28 minus commissions and taxes.
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- JudyLv 79 months ago
$28 minus whatever commissions you paid when you bought and when you sold.
- EvaLv 59 months ago
132 - 104 - commissions = profit. If you can't do basic math you shouldn't be investing in stocks.
- Anonymous9 months ago
Its just over your head. You should not be investing such small amounts either.
- D.E.B.S.Lv 79 months ago
If you bought at $104 and sold at $132, you would have made $28 on from the sale. You then need to subtract out your costs. It likely cost you $6 per transaction (so 6 when you bought and 6 when you sold). Then you have to pay taxes on the remaining balance.
28 - 12 = $16 less taxes
*Note that your per transaction fee can vary greatly. TD Ameritrade has free trading on certain transactions right now, but there are brokers who charge much much more than $6. Also note that the transaction fee is per transaction; not share. (So it's $6 if you buy 1 share or it's $6 if you buy 100 shares.)
- ErikLv 79 months ago
28 minus any fee you have to pay for selling it.