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Transcript
00:00Any time that you make money, any time that you make a gain on your stock, you have to pay a tax
00:04on that. Now if your stock goes from $10 to $30, you don't have to pay taxes until you sell that
00:11stock. So if you just hold it in the stock market for five years, you won't pay taxes each year. But
00:16on that fifth year, if you sell it and you make $100, then you're going to have to pay a certain
00:21amount of tax for that. It starts to get a little more complicated when you talk about dividends,
00:25because with dividends, the company is technically paying you and so you're making a gain. And so
00:30even if you're reinvesting those dividends back into the stock and never actually use the dividend,
00:35you're still going to have to get taxed on that, even though it's going to be a very, very small
00:39amount.
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