simple howto for selling stocks

[Charles Day]

On Tue, May 13, 2008 at 12:47 PM, Callum E Murdoch <cem22b at gmail.com> wrote:

> Charles,
> I guess my confusion comes from the online tutorial here is a direct
> quote from the 1st paragraph sellin shares
>
> (The net proceeds from the sale
>    should be transferred from the stock account to your bank or
> brokerage
>    account.)
>

That's correct, and that's what the first two lines of table 8.1 on that
page shows. The next two lines account for the capital gain and don't
involve the brokerage account. The last line accounts for the commission,
which may or may not apply.