My portfolio is weed stocks I bought when it was looking like Canada was legalizing and dividend stocks and ETFs I bought with Trump covid checks. Haven't bought or sold anything on the account since then (though I def should have sold the weed stocks but thought Biden might legalize so kept holding)
Robinhood is known for being one of the worst of all the taxable brokerages. It's perfectly fine, but if you're a serious investor and want to do more advanced stuff like tax gain or tax loss harvesting, you will struggle there.
If what I said went over your head then don't worry about it and I'm sure your form will come by mid March or so.
I have an IRA and 401k, this was just an account I created to goof around with but ultimately didn't really do much goofing around with. With covid I thought I'd have time but ended up getting back to work fairly quickly. Was just gambling money essentially but never gambled besides the initial weed stocks
Edit: and to add the only the taxable portion is my dividends which is peanuts but the fact I can't submit my taxes yet because of it is frustrating. I legit thought all companies were required to submit tax documents by the second week of January but I guess not
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I think these delays are caused by which things you hold in you portfolio. I'm not with Robinhood but mine is delayed too.
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My portfolio is weed stocks I bought when it was looking like Canada was legalizing and dividend stocks and ETFs I bought with Trump covid checks. Haven't bought or sold anything on the account since then (though I def should have sold the weed stocks but thought Biden might legalize so kept holding)
Not sure there's much complicated about that
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Robinhood is known for being one of the worst of all the taxable brokerages. It's perfectly fine, but if you're a serious investor and want to do more advanced stuff like tax gain or tax loss harvesting, you will struggle there.
If what I said went over your head then don't worry about it and I'm sure your form will come by mid March or so.
Jump in the discussion.
No email address required.
I have an IRA and 401k, this was just an account I created to goof around with but ultimately didn't really do much goofing around with. With covid I thought I'd have time but ended up getting back to work fairly quickly. Was just gambling money essentially but never gambled besides the initial weed stocks
Edit: and to add the only the taxable portion is my dividends which is peanuts but the fact I can't submit my taxes yet because of it is frustrating. I legit thought all companies were required to submit tax documents by the second week of January but I guess not
Jump in the discussion.
No email address required.
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