Is a ten percent gain in the stock market a good increase?
(I invested $2000 in the stock market and made about $200. Would this gain be considered average? Good? Superb?
Thanks.)
Answer:
To determine how good it is. How many shares do you have or what price was the share when you got it. How long did you keep it. Before you say you gained 10% you have to subtract the amount it cost you to buy and sell the shares which will reduce the 200 dollars and then the capital gains taxes which are in effect on short term gains.
Any positive is Good though when dealing with stocks
Posted: July 29th, 2010 under US Stock Market.
Tags: a good increase, Stock market