Post
Topic
Board Economics
Re: Buying stocks with Bitcoin profits
by
Hyena
on 04/12/2013, 12:37:26 UTC
I would like to make sure that my first million won't be the last one. For this I would reinvest a portion of my bitcoin profits to stocks.

3 questions rise:
1. Must I pay income tax before investing my bitcoin earnings to stocks?
2. How profitable can stocks be?
3. This is probably lame but: what stocks would you suggest to buy?

I wouldn't own stocks to trade them but to get the dividends. However, I have no idea how profitable stocks are in that sense. Can anyone tell me how much money I should invest in some nice stocks in order for them to earn me noticeable dividends?



There are better places to find advice about stock market investment than the bitcoin forums.

Yeah, but I would like to have some cypher punk attitude added in the mixture of the advice I'm seeking. Anyway, I'm interested in stocks for their dividends to have some constant income. But maybe I should go all in and get my dividends based on bitcoin businesses paid in raw bitcoins...