LOG IN
SIGN UP

Jazz Frade

02/22/2021 12:24

$PSEC Great long term holding stock, been holding this amazing company for the past 3 years and been upping my position every dip, its paying off, almost 150 a month in dividends ❤️❤️ dont sell this stock for small profits rememBer itll get tax as a short term capital gainS, which is a slightly hogher tax, whereas holding it for 12 months or more qualifies as a long term capital gains if you were to sell it, or even better dont sell it at all that way the gains cant be tax sinxe its an unrealized gain, The second you sell it it becomes a target of a realized gain which could be either long or short term, just putting it out there maybe it helps someone🤘🤘🤘
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

Like

Share to:

Download the Webull App and join community for discussions about the post. Download

All Comments(6)

jrb***com02/25/2021 14:08
Hey any @Jazz Frade I'm planning on buying shares on this one and reinvesting dividends to buy more. Should I keep using a cash account or switch to a Roth/Traditional IRA?

Like

jrb***com02/25/2021 14:06
Hey any @Jazz Frade I'm planning on buying shares on this one and reinvesting dividends to buy more. Should I keep using a cash account or switch to a Roth/Traditional IRA?

Jazz Frade02/25/2021 14:08

To be completely honest with you i havent opened a roth/traditional ira yet, but definitely buy this company during the diPs to keep your average down, and definitely reinvest those dividends to get fatter payments every month, for me personally im doing it that way till either 30 or 35 Im 27 now, as far as iras go i cant help you sinxe i havent dipped my feet in it yet , hope that helps 🙏🙏

Like

254****82802/22/2021 14:41
@Jazz Frade anything else you hold onto? that's worth it's keep?

Like

jon***com02/22/2021 14:15
How many shares do you own if you dont mind me asking?

jon***com02/22/2021 14:41

Thanks!

Jazz Frade02/22/2021 14:35

Close to 2500 shares

Like

Stonks Memelord02/22/2021 13:14
You just throw the diVidends back in right?

Jazz Frade02/22/2021 13:20

Yes exactly ive been doing it for the oast 3 years and planning on keep doing it till I’m 30 which is in 3 Years , then i can ask myself if i can enjoy my dividends for my own pleasure or maybe I’m going to feel like i wanna keep putting it in until im 35 lol, but the cycle has been created so now the money just keeps recycling Without me depositing any money anymore 🙏🙏🙏 That right there its the most beAutiful thing to watch, everymonth my dividends increase , goal for 2021 Is to reach 200/month

Like

Hot Article
$AMC Ent Holdg whomever placed these 2 orders with such precise smartbombs with 30 secs left either had an agenda against the hedges or just wanted to be humored. that 7.5mil purchase literally blew up the hedges and the many of them will lose jobs. you are the kingkong in this apeworld. thx much. 8.01?CASHSNIPER? 02/27/2021 12:17
$Onconova $AMC Ent Holdg $GameStop $Ocugen Inc $Bitcoin $Churchill Capital Corp IV $SPDR® S&P 500 ETF Trust $TESLA $NIO Inc. $Zomedica Corp 💰 CHA CHING, BOOM!!! 💥 HIT THAT FOLLOW, we were all over these today and will be tomorrow. the crew is banking hard. you won't find another group anywhere else with these type of percentage gains.​ You'll see alot of people here post 100-250% gains, but hardly ever see over 500% like my crew does. some of our members have 💎 ✋​Big Baller B 02/27/2021 13:31
$GameStop $AMC Ent Holdg No im not selling. No this is not fake. No im doing this for me. This is history and a movement to have a true free financial market this is what its for this is what it stands for and for what i stand for!! God bless everyone!! And have a goodnight💎🙌DeMartiniMillionaire 02/27/2021 05:13
$Ocugen Inc did ya”ll get an email about Voting? Whats it about?AlbanianKnight 02/27/2021 14:07