A question about stocks

Question

Lets say I buy a stock for $72 and then it goes to $70 and then picks it self up back to $73 dollars. When it goes below what I bought it for but then goes up, will it cost me anything?

Answer 1

No, you only realize gains or losses when you sell. That's what so great about stocks!! You can wait out a temporary downturn.

Answer 2

no but pick the best stock broker, one with low fees.., it took me some time to see that most of my gains were lost to the fees i paid to actually buy stock and sell it, i suggest zecco, they are the ONLY ones who offer free stock trades.

http://friends.zecco.com/r/a7a2877caab81...

Answer 3

No, when you buy the stock at 72, you pay for it, it will cost you 72 plus a commission.  You now own that stock, if it drops to 60, you still own it but you will have a unrealized loss.   If the stock goes to 90, you still own it but this time you have a unrealized profit,

Before you do any investing, it would be in your best interest to do some studying,  Here's some websites that may help you

http://moneycentral.msn.com/home.asp

http://finance.yahoo.com/

http://www.investors.com/?tn=top

http://investorshub.advfn.com/default.as...

http://www.thestreet.com

http://www.brokerage101.com/

http://www.1source4stocks.com/

http://www.decisionpoint.com/TAcourse/TA...

http://www.morningstar.com/

Answer 4

No. In your example you have a profit of one dollar.

If you buy on margin, however, and your stock drops by a certain amount, you may get a margin call to put up more money.

But you never have a profit or loss till you sell.