Profit From Selling Penny Stock Example


If you are interested in investing in the stock market, you probably try to buy low to sell high unless you invest to earn dividends. However, in this example, I discuss why I sold earlier than planned to buy back the same stock again.

I decided to liquidate to take earned profits from stocks I bought low. I decided to sell off stock shares to pay off bad debt. My goal is to enter the year of 2023 debt free.

In a video, I show how I sell off specific shares of stock (using the Fidelity App) to receive the most profit while keeping my Basis Cost Per Share low. I cashed out penny shares of stock and gained a profit of $4,800.00. Considering I invested in penny stocks, the capital gain earned is impressive. Not too shabby from an investor who did not start investing in the stock market until about age fifty. Considering the turn of events with the economy and the decreased value of the dollar, I figured learning how to dabble in the stock market by investing in futuristic companies was a once-in-a-lifetime chance.

Stock Sell Off Example & Profit

Learn how I sell off stock to gain a profit AND why I bought back the same stock.

#fidelity #stockmarket #stockinvesting #money #invest #investing #buildwealth #money

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Translate »