congratulations on your marriage! Short term (less than 1 year) is taxed at roughly 30% capital gains, whereas long term (1 year or more) is taxed at about 15% capital gains. Capital gains is your profit or loss on your buy/sell of a stock. The actual taxes are paid during tax season when you do your taxes (like, you have to fill in the form of when you bought, when you sold, what you made minus commission fee.) In your IRA account, it is tax shielded, so if you are trading stocks within the account, you dont have to pay taxes on any gains. (Vice versa, you can't claim anything on a loss either.)
They say, (since Alibaba hasn't ipo'd yet) that since it is a chinese stock, it will be hard for (people not in china) to buy this stock directly. The best way to do it otherwise, is to invest in a fund that already includes that stock. That way, you wont have to 1) sign up with a broker that deals with stocks in the chinese exchange, 2) figure out how to pay taxes on that, since it would be in a different account. taxes on gains from overseas? beats me. The other best way (so they say) is to invest in YHOO, since yahoo has like a 22% stake in alibaba. But yahoo also has their problems, not to include that since that info was made known a long time ago, has the price already adjusted?
Good luck! Congrats!
It's really possible to make money with trading online, specially with binary trading. You have just to know where to learn... and I know the best source ( http://forexsignal.kyma.info ) This course explain everything you need to start a very profitable trading activity. Before you "learn" to day trade you first must understand the markets, the products traded in the markets and the rules you have to follow to be in the market. You have to learn what to do, why to do it, when to do it and how to do it. If can learn all of this then and only then can you day trade. Before you day trade you must be able to trade. You also need a written sound trading/investment plan with rules that will not only help you but more importantly protect you, mostly from yourself. You also need sufficient trading/investment capital. Use your own money, there’s no need to go into debt so that you can trade/invest. It is more imperative to have a written money management program in place. Remember never invest 100% of your capital into any one security and never have 100% of your capital invested and a good understanding of the rules
Don't know what your marriage has to do with an IPO. Since trying to get in on an IPO is a gamble anyway, why are you so fixated on capital gain taxes?
The secret word of trading success is "organized". You can't be successful without a strategy, a plan and some kind of technological support. I use a software called "autobinary signals" that is helping me a lot. There are plenty of them on the market. I recommend this one because it's very easy to use (you don't have to be an expert or have special skills to make money with it).
Check it out here. It's worth it: http://tradingsignal.toptips.org
Good Idea...
“In the short term, the market is a popularity contest. In the long term, the market is a weighing machine.”
if you are in it short term, you are a day trader; not an investor.
I'm getting married in June and want to invest 5k into alibaba ipo. But don't know anything about tax on capital gains. I already own stock, but it's in my ira. Any advice?
