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So you're saying that the market is like a casino? Fair enough, then. But no, you're an investor as long as you have money on the table.
by maximinus_thrax 4y ago
So you're saying that the market is like a casino? Fair enough, then. But no, you're an investor as long as you have money on the table.
- tptacek 4y agoNo, I'm saying that GME is like a casino. That was an extremely lame attempt at an assumptive close.
- maximinus_thrax 4y agoIt doesn't change semantics and if GME is like a casino, GME is not in isolation, it's part of the market. This says more about the market than about GME, tbh. And as long as you hold the stock, from the tax man's perspective, from the company's perspective, from your trading platform's perspective, you're an investor. It's irrelevant how long you had the stock. If you sell it, you're going to pay taxes on the profit from your 'investment', which makes you an investor.
- tptacek 4y agoNo, in fact, not all listed products in the market are equivalent.