Taxes when selling stocks

There are literally thousands of publicly traded companies you can invest in, not to mention the many ETFs and mutual funds you can buy, so it's not surprising many investors don't know where to begin. While I don't have a crystal ball that tells me what stocks will deliver the best returns, I've tried to do the next best thing here. In this article, I'll discuss 10 stocks that I think could be great buys in 2022 for long-term investors looking to put money to work. Before we get to the stocks you're here for, let's acknowledge three caveats: Choosing the best stocks to buy today heavily depends on your personal financial situation. To get a feel for where you stand, read our guide on how to invest in stocks . It walks you through topics such as establishing an emergency fund, allocating assets, and when it makes sense to buy stocks. I like these stocks for long-term investments. I have absolutely no idea what they'll do over the next few weeks or months. While I ensured … [Read more...] about The Top 10 Stocks to Buy in 2022

What does it take to trigger a crash in the stock market? A once-in-a-century pandemic? The biggest war in Europe in 70 years? The US Federal Reserve instantaneously cutting off the supply of the opium of record liquidity and low interest rates? Multi-year high inflation? How about black magic? The Oxford Dictionary defines black magic as a type of magic that is believed to use the power of the devil in order to do evil. In a world where boring financial data, profit and loss statements, and complex macroeconomic events sway the everyday movement of stock prices and stock indices, one Rajkot-based stockbroker claimed last week that he spent more than Rs 8 crore to engineer a multi-day crash in the stock market with the help of esoteric black magic. Close “We are responsible to a great extent for today’s fall and the fall of the past few days in the market. You won’t believe it, but we have spent over Rs 8.5 crore today in kala jadu (black magic) to create … [Read more...] about A lone bear, black magic and a $235 billion stock market crash

- A + A KUALA LUMPUR (May 18): MPHB Capital Bhd’s wholly-owned subsidiary Multi-Purpose Capital Holdings Bhd (MPCHB) has agreed to sell its 51% equity interest in MPI Generali Insurans Bhd for RM485 milllion to Generali Asia. “MPHB and its subsidiaries are currently involved in the underwriting of general insurance business, provision of general loan financing services and property investment and management. “The proposed disposal entails the disposal of MPHB Group’s entire general insurance business via the disposal of MPCHB’s remaining 51% equity interest in MPI Generali,” it said in a stock exchange filing. Generali Asia and MPCHB have agreed that the purchase price will be adjusted if completion of the deal occurred during the extended completion period (being the period commencing on Jan 1, 2022 and expiring on June 30, 2022, and subject to a further extension of up to Aug 31, 2022). MPHB Capital said it believes that the proposed disposal provides an … [Read more...] about MPHB Capital unit to sell remaining 51% stake in MPI Generali for RM485 mil

A management reset may be in order at The Boeing Company (BA) , contends the CEO of Irish budget carrier Ryanair Holdings PLC ( RYAOF ), after a string of delivery delays and disputes over pricing negotiations have clouded the business relationship of the two companies. Key Takeaways Ryanair CEO Michael O'Leary said that Boeing's management needs a shakeup after a number of delivery delays and stalled pricing negotiations with the company. Ryanair ended negotiations to purchase up to 250 MAX 10 planes in September 2021 after pricing negotiations with Boeing broke down. Boeing's 737 MAX 10 and 787 Dreamliner have suffered major delivery delays due to certification and manufacturing issues. Faster-than-expected deliveries of Boeing's MAX 10 and Dreamliner could bring on a sharp rally in the company's share price. Ryanair Chief Executive Michael O'Leary lambasted the aerospace company's management at the airline's quarterly earnings conference call on Monday, … [Read more...] about Boeing (BA) Takes Heat From Top European Customer Ryanair

- A + A HONG KONG (May 18): Smarting from HSBC Holdings Plc’s move to scrap its dividend during the height of the pandemic, the bank’s largely silent mass of retail shareholders in Hong Kong is warming up to the idea of a breakup. Splitting up Europe’s biggest bank to separate out its Asian operations is being pushed by its largest investor, Ping An Insurance Group Co, based just across the border in Shenzhen. The call is winning support in Hong Kong’s retail base, which owns about a third of the bank, with some seeing it as a surefire way of preventing the steady stream of payouts from being cut off again. Their loyalty has been tested as numerous pivots in strategy fail to impress the market, leaving dividends at half of what they were in 2018 and the stock down more than 40%. The former British colony is the beating heart of the bank’s global operations, accounting for about 30% of the group’s 2021 adjusted profits. Yet decisions such as the halting of dividends … [Read more...] about HSBC’s mass of Hong Kong retail investors warms to breakup

(Image credit: @GhazalAlagh/Twitter) Mamaearth co-founder Ghazal Alagh, who was one of the judges on start-up reality show Shark Tank India, believes aspiring entrepreneurs should not give up when faced with setbacks. In a recent LinkedIn post, Alagh said she had observed up-and-coming businesspersons become confused, heartbroken and frustrated when the results of all their hard work did not align with what they expected. The Mamaearth boss said progress is not a linear path. “Even the tiniest of improvements, when applied consistently, realise their moment of breakthrough,” she added in her post. “So don’t give up. It takes vision to stay consistent till you achieve your desired result.” She quoted from American author James Clear’s best-selling book Atomic Habits. “You should be far more concerned with your current trajectory than with your current results,” Alagh wrote. Alagh and six other business bosses -- Bharat Pe co-founder Ashneer Grover, Namita Thapar of … [Read more...] about Shark Tank India judge’s advice to up-and-coming entrepreneurs

The accused person took the car for a test drive and never returned. (Representational image) A 36-year-old Bengaluru businessman allegedly made off with a car after taking its keys from its owner for a test drive, The Times of India reported on May 16. MG Venkatesh Naik, the accused person, had in January come across an OLX advertisement for a Maruti Brezza. He asked the seller, Ravindra Elluri, to meet him to talk about a possible purchase. When they met, Naik asked Elluri if he could take the car for a test drive. The seller agreed to it and Naik drove off. When he did not return, Elluri went to the police to file a complaint. The seller did not know Naik’s name at that time. In their efforts to track him down, the police tried to trace the phone he had used to contact Elluri. They also obtained 2,500 IP addresses from OLX in an effort to locate Naik. It took months to analyse all of them. Close “Our search was fruitful on May 10. Based on our findings … [Read more...] about Bengaluru businessman steals car from OLX seller on pretext of test drive, arrested