Final answer:
Investors in the stock market must pay taxes on their profits, the amounts of which can depend on how long the stocks are held. Quick sales to avoid taxes can lead to missed profits, and although some brokers charge fees, these are separate from taxes.
therefore, option d is correct.
Step-by-step explanation:
People who make money by investing in the stock market are required to pay taxes on profits they gain from the sale of their shares. There are capital gains taxes that are levied on any profits made from the sale of stocks, which typically must be paid during income tax filing. However, the duration you hold the stocks can impact the tax rate. Profits from stocks held for less than a year are generally taxed at the personal income tax rate, while stocks held for more than a year can qualify for a lower capital gains tax rate.
There are also certain tax benefits that investors can take advantage of, such as tax breaks on certain investments, but these need careful evaluation and planning. It's not recommended to sell quickly to avoid taxes as you might miss out on potential profits. Additionally, some brokerage firms may charge a fee for maintaining a stock investment account, but this is not a tax.
Learn more about Stock Market Investing