I was Searching For Stock Investment Options For F1 Students
Please Verify the correctness of the Article and if thr any additional requirements please Guide Thanks.
I Found the Following Article:-
Can I invest in stock markets while in F1 Visa and attending university in USA?
Yes, you are allowed to invest in stock markets, since it is considered as passive income.
How much money do I need to invest in stocks?
If you don’t have experience in stock market investing and trading, then get few books and learn about trading. If not today, when you get a job, you will have to jump into investing (through 401k or employer provided plans). You can also read from Investopedia.com and several other sites.
If you are planning to invest for the first time, don’t invest all your money. Start small and learn slowly as you go. If you are not being careful, you can lose lot of money from stock markets. Even if you don’t plan to invest lot of money, but just curious to learn, then plan to invest $100 or $200 to learn how stock trading works.
How to trade stocks and options? Is there any cheap online stock brokers/websites?
Stocks trading commissions can put huge dent in your profits, when you are investing in small amounts. Try to find the cheapest online stock brokers. Here are few online stock brokers with less fees
Tradeking ($4.95 per trade)
Zecco ($4.50 per trade)
Scottrade ($7 per trade)
Do I have to pay taxes on earnings and dividends from stock tradings?
Of course, you earn money from stock trading, you have to pay taxes on the earnings. Refer to IRS or other tax websites to learn about long term and short term capital gains. If you loss money from trading, you can claim the losses too to certain extent..