> If someone bought $10.000 in stock in like September and in April they have a financial crisis can they sell their stock

If someone bought $10.000 in stock in like September and in April they have a financial crisis can they sell their stock

Posted at: 2014-12-05 
Computers buy and sell stocks in microseconds. That's why it is tough to be a trader.

For tax purposes, the tax is a lot less if the stock is held for a year before being sold.

You an sell th entire stock a the prevailing market rate

There is not reason on earth you should touch your stocks or bonds. Unless you ae overr 70 and have to withdraw the minimum required by law. Call the brokerrage compnay.

You can buy stock and turn around and sell it immediately. However, you will pay a commission both times and unless the stock has risen in value between the time you buy it and sell it, you will not get the full amount of your money back.

As a rule of thumb, one should never put money in the stock market that you need within a year or two or that you simply cannot afford to lose. Depending on your family's financial situation and income stability, you should keep 3 to 6 months income in savings in order to weather an unexpected "financial crisis." Build your savings first, then invest.

uh

There is no "minimum hold time" for stocks. You can even sell them back out a minute after, if you want.

But, if there's a financial crisis, you probably won't be able to get back your original value, especially if the value of the shares have dropped. You'll have to accept that loss.

You can sell it the same day you bought it if you want to. If there was any gain though, you pay a higher tax rate than if you held it over a year.

stocks you hold LESS THAN ONE YEAR are treated as ordinary income when calculating gain or loss; over one year treated as capital gain or loss. If you currently have a loss, you can of course still sell but you could get back far less than you originally invested.

very much the opposite - you just proved yourself insusceptible to insider trading