Elon Musk acted like a jerk, and Tesla stock paid the price

[Twin_Moose]

Biggest reason for TFSA, they really don't help anyone else

 

[petros]

Biggest reason for TFSA, they really don't help anyone else

That only postpones the pain.

 

[Hoid]

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

This is why I have always put whatever I had into real estate rather than paper.

 

[Hoid]

Tesla at $731 this morning.

More money you don't have to worry about paying taxes on!

$755 now.

 

[taxslave]

fixed

Nope. Now you are compounding your bullshit. A share that does not pay a dividend is worthless until you sell it. More probably a net loss since you would have capital tied up in a non performing stock. Do try to gain a little knowledge of a subject before you post.

 

[taxslave]

This is why I have always put whatever I had into real estate rather than paper.

ROFLMFAO. You would have to have a job and an income first.

 

[Walter]

Tesla stock continues to soar.

 

[Hoid]

^racist knows a winner when he see's one

 

[petros]

This is why I have always put whatever I had into real estate rather than paper.

I have 7 sq miles and it earns me money. I dont invest in paper, I invest in minerals.

 

[petros]

^racist knows a winner when he see's one

You'd best stop calling people racist.



Yes, it is a warning.

 

[Hoid]

You'd best stop calling people racist.



Yes, it is a warning.

I only call one person racist.

Yes, its a fact

 

[petros]

What do you call a racist who accuses a racist? Friend?

 

[pgs]

Nope. Now you are compounding your bullshit. A share that does not pay a dividend is worthless until you sell it. More probably a net loss since you would have capital tied up in a non performing stock. Do try to gain a little knowledge of a subject before you post.

Yes and no . When one buys an IPO or a junior stock with revenue ,they are looking firstly for profit taking . Core positions are a different kettle of wax .

 

[Hoid]

Tesla now at $780

Tesla stock still paying the price

lmao

 

[Hoid]

Tesla at $900

 

[Hoid]

The short sellers will be having a field day with Tesla for the foreseeable future and considering that Musk has been living off of the investors for as long as he has, he should know that the investor body (especially institutional) are very fickle.

stock is up about $600 since this statement

 

[captain morgan]

The company and supporting institutional investors are punishing the short sellers, that's all.

 

[Hoid]

Institutional investors are piling into this stock. That's all.

 

[petros]

Lol...

 

[taxslave]

Institutional investors are piling into this stock. That's all.

That is highly unlikely. Speculators maybe but not institutional.