Well, if you read this post last week, you saw that I made a stock purchase that I immediately regretted. I was so embarrassed by it, that I wouldn’t even give out the details. Well, the stock made a pretty big rally today, I was able to sell at a profit, and now I feel okay about the deal.
Here’s what went down
TRADE 3:
Bought 800 shares of CBMX (CombiMatrix Group) @ 2.2101 = 1768.08
Sold 800 shares of CBMX (CombiMatrix Group) @ 2.24 = 1792.00
Paid Commissions of 4.95 X 2 = 9.90
SEC Fee of .06
1792 - 1768.08 - 9.90 - .06 = 13.91 PROFIT
So, Over all through 3 trades, here is where I stand:
Trade 1: Made 2.04
Trade 2: Made 6.04
Trade 3: Made 13.91
Interest Income: Made .75
Sign-Up Bonus: 100
Total for my 1800 dollar “investment” at TradeKing: 122.74 in 8 Trading Days.
I will not be buying or selling any more stock for a few days. Yes, yes, I know that I will have to pay tax on this money. Yes, yes, I know that I should buy and hold. I’m doing this so that I can figure out how things work. (If anyone can tell me what 122.74 made from 1800 in 8 days works out to as an annual percentage rate, I sure would appreciate it. Also, if you could tell me how to figure something like that out, I’d be grateful.)
Whew. After much research, I have compiled a chart of all of the State Sales Tax Holidays for the year of 2006. I hope that this chart will help you as you look for bargains. Basically, states will set asside certain dates during the year so that consumers can purchase goods (usually for school) without paying state sales tax. Each state has a unique type of sales tax exemption, so please click on the state link for more information about a particular state. I hope you find this chart useful! I will update it as more info. is provided. As you can see, there are 5 states which do not charge state sales tax, there are several states which have approved a sales tax holday, and several more states which have legislation pending. An “N/A” indicates that I could find no mention of a state sales tax holdiay for that particular state. Feel free to share this info, but if you mention it, I’d appreciate a link to this page. This chart took a lot of time to put together. Also, be warned, some of the links lead to pdf files. Here’s the chart:
| 2006 State Sales Tax Holidays | |
| Alabama | August 4 � 6 |
| Alaska | No State Sales Tax |
| Arizona | Voted Down |
| Arkansas | N / A |
| California | N / A |
| Colorado | N / A |
| Connecticut | August 20 � 26 |
| Delaware | No State Sales Tax |
| Florida | July 22 - 30 |
| Georgia | August 3 - 6 |
| Hawaii | N / A |
| Idaho | N / A |
| Illinois | N / A |
| Indiana | N / A |
| Iowa | August 4 � 5 |
| Kansas | Pending? |
| Kentucky | No |
| Louisiana | N / A |
| Maine | N / A |
| Maryland | August 23 � 27 |
| Massachusetts | August 12 - 13 |
| Michigan | N / A |
| Minnesota | N / A |
| Mississippi | N / A |
| Missouri | August 4 � 6 |
| Montana | No State Sales Tax |
| Nebraska | N / A |
| Nevada | N / A |
| New Hampshire | No State Sales Tax |
| New Jersey | No Sales Tax On Clothing |
| New Mexico | August 4 � 6 |
| New York | August 4 � 6 |
| New York City | Jan. 30 � Feb. 5 |
| North Carolina | August 4 � 6 |
| North Dakota | N / A |
| Ohio | N / A |
| Oklahoma | Pending? |
| Oregon | No State Sales Tax |
| Pennsylvania | No Sales Tax On Clothing |
| Rhode Island | Pending? |
| South Carolina | August 4 � 6 |
| South Dakota | N / A |
| Tennessee | August 4 � 6 |
| Texas | August 4 � 6 |
| Utah | N / A |
| Vermont | N / A |
| Virginia | August 4 � 6 |
| Washington | N / A |
| Washington D.C. | August 2006 / Nov. 2006 |
| West Virginia | N / A |
| Wisconsin | N / A |
| Wyoming | N / A |