How To Sell Your Profits On Cash App Investing
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- Опубліковано 1 лют 2021
- In this video, I'll show you how to only sell your profits through Cash App Investing. If you're currently up on a stock and want to keep your initial investment invested but want to sell some of the money you've made then this video will show exactly how to do that.
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Dude you Are actually a life changer. You are doing an amazingly good deed by helping people learn to invest. You are the best in my opinion.
Thank you so much you make this very easy to understand!
Glad it was helpful!
Thanks 💪🏼 keep up the good work
Thank you
Thanks this helped me a lot 🙏🏾
No problem 👍
Thanks. Your videos helps a lot... 💪❤️
You're welcome 😊
thank you so much i learned alot 💯💯💯
👍🏻
Thank you.. This helped me with a lot of questions I had.
Glad it was helpful!
Thanks this cleared up a few questions I had
Glad it helped. Thanks for the feedback 👍🏻
@@ImprovedMoney my question is...how do i sell lets say $200 out of my AMC stock and i want to move it to Uphold, to use it to buy more Bitcoin??
I'm not sure what "Uphold" is, but you'll just need to sell $200 then buy whatever else you want or transfer money to another account.
Liked and subscribed, I appreciate you boss. Thanks for showing me how.
Thank you, sir 👍🏻
Thank you for your research an feed back thank u for braking everything down to logical information I don’t need my dictionary after watching your videos ,appreciate all !
Glad it was helpful!
Great video's by the way . Thank you .
Thanks
No problem!
This video was very helpful. Thanks
Absolutely. Thanks for the feedback!
Yeah Dude seriously ur an angel.
Wait so if you sell it do you get the amount of the approx share or the 10 dollar
Very helpful
Glad to hear that
Can you place the gain in another stock afterwards or is there a waiting period to do that?
Yes, you can place another trade with that money immediately.
Doesn't cash app charge you for take the money from there without waiting the minimum waiting period?
@@rowenatraxler4184I would like to know this as well
Can you invest money from a health equity account?
EXCELLENT video very helpful ` i have a question i noticed that when i received dividends like 49 cent or 30 cent they DONT usually stay there if i open cash app 2 hours later they vanished WHY IS THAT? AND WHERE THE MONEY IS GOING?
Great question. I'm not sure because I've never experienced this before. I do know that when you receive a dividend the money will automatically be deposited and show up in your Cash App balance.
@@ImprovedMoney Thank you for everything you do on this channel You are helping a lot of people and God will reward you 10x. I just set a alarm every time I received dividends I send it right away to my bank account 🤣😂 am not taking no chances with my 34¢ per month that am making I feel rich already 🤣😂🤣😂🤣😂🚀
If you don't need the money then I highly suggest just re-investing that money back into buying more of that stock. That's what I do- constantly re-invest all of the dividends I receive since I'm not trying to live off that money right now.
You did explain everything perfectly. I have a question about AMC stock that I owe. What you think it's going to happen with it since APE took over. Cash app got no crypto. Plse let me know
Who is APE? What did he take over? If you invested money into AMC then you made a mistake. Stick to buying index fund ETFs and stop taking individual stock picking advice from the internet to avoid making the same mistake again in the future.
But how do you make money selling that when you got your money back that you invest in that stock ?
can i sell my profit from a share today and then again tomorrow? or do i have to wait some time to sell again?
Yes you can. No, you don't have to wait.
Please come back to UA-cam brotha I’ve been watching all your old cash app investing videos and they have been such a good help I am new to stocks and already have made more then half of what I invested 📈📈🙏🏾🙏🏾
To actually sell your gain you could sell all of it, then collect your gain and buy back your preferred invested amount.
I wish instead of having to pick a dollar amount that you were able to select the amount of stocks you wish to sell for the current market price. This just makes things confusing for me.
When I did this for PP, I was trying to sell $10 of gain, but my total investment number went down $10. So I no longer held a full share. This confused me?? I have 95 invested into PP, and a $16.50 gain. I want to receive that 16.50 gain, but I'm afraid what happened last time will happen again.
Okay so I sold the gain. My total investment went down to 83.17, and now my total gain is at 12.52. Im so confused by this. I wanted my 95 dollar investment to stay the same, and take out the 16 of gain. But the gain has a remainder of 12.52. Wtf???
If you withdrew only the amount you're up then you're good to go. It might still be showing that you have a gain since you still have money invested in that stock.
Same i fractional invested by 11dollars on a certain stock it gained 8 dollars making it 19 dollars i sold the profit but the investment went to 5.99 how do i only sale profit not investment i am aware that when it gains capitol it becomes a share but for some reason when you sale profit the investment goes dwn. Not the gain is there away? To only sale gain and bring the gain bar dwn. Not the investment because id like to keep my intial investment as is but why exactly does it do that ??? Any videos on youtube explaining that on cash app. The only way i recover it is to sale dwn to 1 dollar then turn around buy more fractional share let that gain capitol then pull out again to get profit but thats kinda what bitcoin is and in bitcoin im not interested in but any advice on this issue would help in sustaining my investment and i do understand that it adds up and you do recieve the profit even if its extracted from investment not actual gain but how do you gain capitol on 5.00 and you can but if i pull gain again itll 0 out my investment so i only had the option of pulling my investment and reinvesting and starting over only problem with that is that it turns into day trade and if your cash app. Savy theres stipulations on that so yeah advice would be appreciated. Thanks in advance.
Is it better to hold a full share or a fractional share??
Same thing happened to me I had 1700$ invested gain of 900 sold 420 from the gain and it took it from my 1700$! So I went from 176 shares to 136 shares now i only have 1200$ invested
How do you reinvest profits on cash app it confuses me I feel like I’m not doing it right
So basically i have to wait until my gains are past my investment ? Because otherwise if i try to grab my gains it will leave the gains and take from my investment. Is there a way to avoid this ?
Say I invested $10 in a stock and had a $5 total gain. If I sell $3 of that stock total gain, will my money still increase over time like within a week, month or so on?
It could, but if you continue to sell off your gains then it might not continue increasing at the same rate.
So if I had 2 full shares worth $100/share and my total amount plus the gain was $250,could I get the $50 but still keep 2 full shares?
Greatv tutorial. Now I get the selling point. lol
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Please do an update video for LARGER amounts. People are investing in bitcoin, Amazon and AMC on cashapp. I want to see what a 20k plus withdrawal/sell looks like.
I’d personally never hold large amounts of money in Cash App investing so unfortunately I can’t show an example.
How do I get my gains invested into more shares
You should continue to invest more money on a consistent basis.
whats the best stock to invest in
I don’t invest in individual stocks so I’m not sure.
What cash app do u have? Mine looks so different. I need your help😢......
When I sold just my gains, my investment amount dropped and left my gained amount on the right unchanged. Shouldn't the app be taking it from the gains column?
Yeah I'm having the same issue . I can't just grab my gains . It will take from my investment instead . Very annoying ! Lol
How long do it take to turn penny stocks to dollar stocks and make profit
Penny stocks are one of the riskiest ways to invest in the stock market so that's impossible so predict.
@@ImprovedMoney I been researching investing strategies but scared to invest in big amounts of money
If you’re scared that’s a good thing because penny stocks aren’t as easy to hit big on as some people make it out to be. There’s a reason those types of stocks cost less than $1 per share.
You’ll need to make sure you evaluate a company’s balance sheet, income statement, cash flow statement and everything else to determine if it make sense for you to purchase or not. Doing your due diligence is more important than ever with penny stocks.
@@ImprovedMoney can I ask you how long it took you to turn penny stocks dollar stocks? And I understand
I’ve never invested in penny stocks because of the reasons I mentioned in my last comment.
So I recently sold my gains which was $80 and my approximate share sales was $1200 does that mean I’m getting around $1200 or no?
when i sell my profits i also loose my shares and what i invested ? i dont get it ?
Yes, you sell a portion of your shares.
Here's an example to explain why:
You buy 1 share of Microsoft at a cost of $200 per share. 1 year later the price per share has increased to $400 per share. You now have 1 share worth $400...which means you technically have a profit of $200 because your initial cost is $200. If you want to sell your profits then you have to sell a portion of your shares. In this case you'd have to sell .50 (50%) of your shares because you only want to sell of your profits.
So question - if i made $1 million on this certain stock, will i be able to deposit it ALL into my bank account? Because Cash App is saying there is a 25k withdrawal limit weekly..
You'd be able to, but in $25k increments. I'm sure if you had $1 million then you could talk to someone at the company to help you withdraw more than that.
@@ImprovedMoney you're sure people could talk to someone at the company to "cash out" more
I think you’re unlimited as long as you’re not moving it into a bank right away.
I have no option to sell my stock how can I withdraw my investment
Will the money you sell go back onto your cashapp account?
Yes
I want to get money from the stock I'm invested in???
Okay?
I have over $2000 in profits right now in AMC, how I do withdraw profits but keep enough in to still keep making money?
I break it down in this video.down how to do that in this video.
Could you explain the answer to everyone else's question here about selling off your profit but it affects your investment amount? If I understand everybody's questions correctly.
So if I only sell what I gained, I will still own every stock
No, you'll slowly be selling off portions of the stock you own over time.
If I want to sell a stock for $10 how come would I get less than $10?
If the price of the stock you purchased had gone down in value by the time you were selling then it would be worth less
Had an initial investment of $310 & total gains of $834. Total value of $1,144. Tried to cash out gains of $834 but instead it took $227 from my initial investment. Not sure what I did wrong. Can you help?
im having the same problem
@@manuelethridge5438 idk if it’s a glitch or if I’m doing something wrong.
❤️❤️❤️✨
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Bed bath and beyond screwed me over 🤦🏾♀️ why did I think it was a good idea 😂 my $50 gone 💨
What if I'm trying to cash out more than 25,000
You'll have to wait until the next day to withdraw more. If you have that much invested then I wouldn't recommend using Cash App Investing. You'd want to use a more sophisticated investing platform.
@@ImprovedMoney which ones would you recommend for more sophisticated platforms? I'm new to this whole idea of investing through apps so if you've answered this before I apologize in advance just direct me to the answer? Thank you
I would start with a Brokerage that offers a Roth IRA because your money grows tax free with that type of investment account. My preferred platform for that is M1 Finance which you can check out here: m1finance.8bxp97.net/eX16D
I'm working on some tutorial videos for M1 Finance right now which will be released over the next couple of weeks.
@@ImprovedMoney Thank you I'm looking forward to it. I also have two 401ks they left with two previous employers. They are making money although I'm not contributing. Is there a way to convert those to roth 401k's or leave them alone where they are since they're making money? Thank you. And it's okay if you don't know just tell me. Or refer me to the right place.
If you're happy with your investment options and they're not charging you high management fees then there's nothing wrong with leaving them where they're at. Feel free to let me know the management fee they're charging you and I'll tell you if I think it's too high.
But if you do decide you want to move the 401k's away from the current providers into one of your choice then it's pretty easy to do. You'll want to start the transfer process on the investment platform you want to send the accounts to. I did that with M1 Finance for a 401k I had from my first job out of college. It was super easy- I just logged into my M1 account and gave them the provider name, account numbers, and they handled the rest.
Keep in mind that a Traditional 401k can only be converted to a Traditional IRA (without paying taxes)...and a Roth 401k can only be converted to a Roth IRA (without paying taxes).
Technically you can convert a Traditional 401k into a Traditional IRA, then to a Roth IRA, but you'll pay taxes in the year you do the conversion. It's a strategy called a "Roth Conversion". I have a video planned to come out on this exact topic on my other channel later this month or early July. There's reasons why this might make sense for some people to do, but that's probably more info than you're looking for. Haha sorry, I'm an investing nerd so I know a lot about this stuff.
So I just bought some Bitcoin and now I’m stuck idk how to make money or anything
You just hold onto it and wait for it to go up in value. Sometimes it takes years so be prepared to just hold it for the long term.
@@ImprovedMoney okay cool , and what does selling and buying do ? I’m new to all this
@@ImprovedMoney hi, so follow up questions. I just bought $100 worth of shares, I see some profits about $5, but sometimes there is a loss ~$7. I was think of selling when I get profits, however you are advicing to just leave it? If so, how exactly do you make money if the profits/losses are always fluctuating? I would think you sell when you make a profit and come back in when the shares are lower? I have been bingeing watching your videos and I just realize how much I don't know. I'm confused 🤔
Why leave $4?
It was just an example to show you how to only sell your profits.
Hey how are you watch that cool
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.....those blue eyes 😍😍
👍🏻
you still losing your shares
Still losing what shares?
Take a before and after picture of your shares before you sell it.
I'm a buy and hold investor so I'll so that for you in 30+ years when it's time for me to live off my investments.
I just now liked and subscribed to your channel. Thank you for your generosity of spirit. I just installed and setup Cash App but have not used it yet. Thanks for helping us beginners! How do I send you $5?