Wait a sec, i just re-read... if someone bought 3million shares they havent sold it, so that's looking good for us all
I’ve got all my investments in a TFSA(tax free savings account). Any money I make, and if I was good at this thing and made millions, would be tax free. Unfortunately that is not the case lol.Up 2k but don't forget short term capital gains, guessing you are in the 22% bracket. Unless you are a MY22 and selling next year the long term gains at 15%.
Nothing gained or lost until you sells.
Well if Ford ever starts paying dividends again you would owe taxes on those. But with that minor exception you are correct. It's a pretty sweet instrument.I’ve got all my investments in a TFSA(tax free savings account). Any money I make, and if I was good at this thing and made millions, would be tax free. Unfortunately that is not the case lol.
What was the investment? That math is crazy.I have a close family member who is a UAW worker for Ford. He is 27 and threw down 20k on a risky investment 3 years ago. Today it is worth 1.8M. He is letting it ride
I did intentionally leave that out because even though it did work out I am not recommending it.What was the investment? That math is crazy.
I did intentionally leave that out because even though it did work out I am not recommending it.
It was in a crypto currency that he researched. PM me if you want to know which one.
Got it. Nope.....crypto scares me
If he goes big I hope he remembers his parents His co-workers suggested that he should buy his dad a Bronco. That would be nice but his risk, his gain. I am happy that he has been fortunate.
You don't need to sell it when you buy your Bronco! I typically won't sell any investments in non-retirement accounts before they qualify for LTCG treatment unless it turns out to be a mistake.Up 2k but don't forget short term capital gains, guessing you are in the 22% bracket. Unless you are a MY22 and selling next year the long term gains at 15%.
Nothing gained or lost until you sells.
Seems like Ford stock has been treating everyone well. And we're supporting American companyYou don't need to sell it when you buy your Bronco! I typically won't sell any investments in non-retirement accounts before they qualify for LTCG treatment unless it turns out to be a mistake.
I bought 101 shares just to qualify for X Plan if offered, and it's turned out to be a decent investment.
For Xplan i did mustang club of america. $25/year.Question for those who have purchased Ford stock directly to qualify for x-plan: Did you make your purchase through Compushare? Or did you make the purchase through a private investment account? And if the latter, how does Ford extend the x-plan benefit without verifying the details of the private account?
I understand how to get x-plan. I'm just more curious how those who bought Ford stock for the purpose x-plan how Ford verifies they qualify. I know I can sign up for an account through compushare to buy Ford stock. But I didn't have a positive experience with compushare when they managed P&G's shareholder investment program. I apparently wasn't the only one as compushare no longer manages P&G's stock program. I have a private investment account through Chase that I can buy Ford stock. But I would rather not give Ford access to my account just to verify that I own Ford stock.For Xplan i did mustang club of america. $25/year.
however an email just went out Monday that said they require 90-days membership before you get XPlan pin. So get on it !!!! And also buy Ford stock