It still doesn't put any money in your pocket unless you sell. Then you no longer own shares. Got that yet?
Elon Musk acted like a jerk, and Tesla stock paid the price
- Thread starter petros
- Start date
Trefis analysis shows Tesla’s (NASDAQ: TSLA) stock could potentially drop to $0 from its current levels of over $500. We outline how Tesla could end up defaulting on its roughly $13 billion in debt, a meaningful portion of which matures over the next 4 years. What’s the trigger? We first consider the case of recession or a soft economy as a trigger to lower revenues, margins and a cash crunch. Then we highlight how there are other possible triggers that could lead to a similar set of events.
https://www.forbes.com/sites/greatspeculations/2020/01/24/tesla-stock-to-0/
https://www.forbes.com/sites/greatspeculations/2020/01/24/tesla-stock-to-0/
My thoughts as well, he should be investigated over it by restricting the stocks he manufactured a rise in stock prices by creating the bid process over limited stocks IMO
why wouldn't you just use your stock portfolio to finance a line of credit?
that's what everyone else on earth does.
Too risky. Yes I know lots of people do it but when the stock you are using for security drops you can wind up in a serious financial crunch. Homes have been lost by reckless investing.
Your gain is imaginary until you convert it to cash since to date Tesla has not paid dividends. What I am not sure about is if the government expects you to pay taxes on the imaginary gain or they wait until the stocks are sold. That would make your investment a net loss since there is no revenue to offset taxes
well you should really know all that sort of stuff prior to sinking money into investments.
Tax on a stock sale is 50%.
50%
In Canada, 50% of the value of any capital gains are taxable. Should you sell the investments at a higher price than you paid (realized capital gain) — you'll need to add 50% of the capital gain to your income.
https://www.wealthsimple.com › learn
Capital Gains Tax — Canada 2020 | Wealthsimple
50%
In Canada, 50% of the value of any capital gains are taxable. Should you sell the investments at a higher price than you paid (realized capital gain) — you'll need to add 50% of the capital gain to your income.
https://www.wealthsimple.com › learn
Capital Gains Tax — Canada 2020 | Wealthsimple