Quote:
Originally Posted by SeeGeeWhy
You pay a brokerage fee on each transaction, so that is on the "buy" and the "sell", and this varies depending on who you trade with.
Then you will get taxed on the $200 "capital gain" at the end of the year.
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Thanks, I knew it sounded too good to be true!
Going by the example I gave, would that $200 gain be completely gone after the brokerage fee and taxes? Would I actually wind up paying money?