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Have you done anything in the stock market? Could somebody give me a quick run down?
For example, MS stocks are at about $30 right now.
Let's say I buy 5 shares of MS stock for $30 + $7 transfer fee. I would have spent $157
In two months, the share price goes up to $60, I want to sell then, 5 * 60 -157 = $143 made, right?
Is that how it works? I know realistically, you wouldn't sell that soon and it wouldn't go up that much that fast... Let's just use those numbers for an example?
For example, MS stocks are at about $30 right now.
Let's say I buy 5 shares of MS stock for $30 + $7 transfer fee. I would have spent $157
In two months, the share price goes up to $60, I want to sell then, 5 * 60 -157 = $143 made, right?
Is that how it works? I know realistically, you wouldn't sell that soon and it wouldn't go up that much that fast... Let's just use those numbers for an example?