/n00b/ - Beginner General - 4ChanArchives : a 4Chan Archive of /biz/

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Anonymous
/n00b/ - Beginner General 2016-01-20 23:11:56 Post No. 1051705
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/n00b/ - Beginner General Anonymous 2016-01-20 23:11:56 Post No. 1051705 [Report]

Well maybe not a general but a nice thread for a few days.

How do I begin investing? Not learning about it, but physically buying and selling stocks and commodities? The Robin Hood app can't be used outside the US, so what options do I have?

For myself, I am not interested in day trading so all the things about "quickest execution" and all that. What website is best for sticking a few thousand in to, for example, short oil for a few days, then trade out?

I would also be interested in sticking some money in a tracker fund, to get the most out of my savings. What is the best option for this? I am still a student, is there anything I need to do about taxes?

Thanks for the replies.

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Anonymous 2016-01-21 02:45:17 Post No.1052022
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Anonymous 2016-01-21 02:45:17 Post No.1052022 [Report]

1. Google brokers in <your country>
2. Sign up
3. Transfer money

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Anonymous 2016-01-21 02:46:47 Post No.1052024
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Anonymous 2016-01-21 02:46:47 Post No.1052024 [Report]

Why is both MER and Management fee listed?

Are they both added or whats up with that?

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Anonymous 2016-01-21 04:22:17 Post No.1052155
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Anonymous 2016-01-21 04:22:17 Post No.1052155 [Report]

>>1052024

MER relates to the standard or baseline fee the manager will charge. Management fee refers to an outperformance fee, which is of course conditional

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Anonymous 2016-01-21 04:33:16 Post No.1052164
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Anonymous 2016-01-21 04:33:16 Post No.1052164 [Report]

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>>1051705
>buy shares at a 15% discount through ESPP
>price goes down, but is still higher than the actual price I spend.
>sell shares.

Do I have a profit or loss for tax purposes?

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Anonymous 2016-01-21 19:04:23 Post No.1053193
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Anonymous 2016-01-21 19:04:23 Post No.1053193 [Report]

>>1052164

If you took a profit, you profited. The IRS gives zero shits what discount you got on the stock. Your profit is their gain.

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Anonymous 2016-01-21 19:16:59 Post No.1053214
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Anonymous 2016-01-21 19:16:59 Post No.1053214 [Report]

Interactive Brokers. You can trade anything in the world, from anywhere in the world, on one platform. Minimum deposit 10k.

Next question.

PS~If you don't have 10k to play with then you're not ready.