capital gains and commissions

mikebike

just a rider
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Yikes my fantasy world here of buying & selling stocks without commissions or capital gains..... has come to an end.

this morning I paid 49,800 credits in commisions
and 21,000 capital gains on a total of $120,000 in profits taking my net profit down to $49,200 after taxes and fees.

Cap gain rates should be no higher than real life... Capped at 15 %

what is next a forum AMT....

I will need defy inertia to prepare my virtual taxes or be forced to talk to HAV BLUE :rockon:
 

DefyInertia

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Mike....you've got yourself a nice little nest egg there (25M in credits :)). Thanks for the 100K...a 200% increase overnight is always nice.
 
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