by Kevin Steinhardt
Question by larryrisher: How does this sharebuilder investing work? I'm new to investing and I need to start saving up for college.
How does this sharebuilder investing work? I'm new to investing and I need to start saving up for college. I don't know how all these stocks work. Can some one help thanks.
My parents don't work so I cannont be able to get any thing under them.
Best answer:
Answer by Jason S
have a parent or guardian invest in a tax free College Savings Plan. It'll also lower your parents taxes. They should give you the amount they save since it's your investment that's creating the savings.
With ShareBuilder, your returns will be subject to capital gains taxes which reduce your overall gains.
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