Investing General Discussion

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Sludig

Sludig

Potato del Grande
10,168
10,898
Close next week, $275k to divy up. Torn between 100k each to S&P 500 and forget and 100k on house to drop PMI and get a return of I assume 5% given that's the house rate. Then how much to save for homestead and replacing my Jag w/ something. Already have a $20k tractor coming to me at some point.

I feel itchy (as a wondering over his head timmy) to dump money in now vs doing something like spending a year or 2 sipping off the investment cash and maxing my 401k in lieu. (Wasn't able to this past year, wont be able to until wife finshes school and has a good job again after layoff)
 
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Furry

Furry

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<Gold Donor>
22,770
30,135


The acceleration of the normalization of non dollar transactions around the world has me considering buying gold for the first time ever. Repeating for the X time, but we’ve entered the financial rabbit hole.
 
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Arden

Arden

Blackwing Lair Raider
2,825
2,122
Furry said:


The acceleration of the normalization of non dollar transactions around the world has me considering buying gold for the first time ever. Repeating for the X time, but we’ve entered the financial rabbit hole.
Click to expand...


You buy gold. I'll buy more BTC and ETH.
 
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Arden

Arden

Blackwing Lair Raider
2,825
2,122
Sanrith Descartes said:
I'll buy more ammo. Want to guess what retains it's value longer?
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Ammo is a good investment too- you won't find me arguing with that. But I buy both. Barring some type of full collapse I won't be using my ammo for anything other than target practice in the foreseeable future.
 
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Sanrith Descartes

Sanrith Descartes

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<Gold Donor>
45,877
126,701
Been a long time since GOOGL was at $112 a share.

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Sludig

Sludig

Potato del Grande
10,168
10,898
So with the thought of paper losses and only happens if you sell, I was thinking about estates etc. IE if my parents passed at a time like this. Is there any way to just transfer all their stock investments as the shares without liquidating them first? I wouldn't think you have to sell other than perhaps draconian levels of estate tax that you need to fund and burn some of it to pay for?
 
C

Captain Suave

Caesar si viveret, ad remum dareris.
5,468
9,340
Sludig said:
So with the thought of paper losses and only happens if you sell, I was thinking about estates etc. IE if my parents passed at a time like this. Is there any way to just transfer all their stock investments as the shares without liquidating them first? I wouldn't think you have to sell other than perhaps draconian levels of estate tax that you need to fund and burn some of it to pay for?
Click to expand...
Typically when investment accounts are inherited you just legally establish death, open a new account, and transfer the assets. There's no need to liquidate. You'll pay capital gains when you sell, maybe even at a stepped up cost basis, which can be a big benefit. Brokerage accounts are one of the most tax-efficient ways to inherit wealth.
 
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Sanrith Descartes

Sanrith Descartes

You have insufficient privileges to reply here.
<Gold Donor>
45,877
126,701
Sludig said:
So with the thought of paper losses and only happens if you sell, I was thinking about estates etc. IE if my parents passed at a time like this. Is there any way to just transfer all their stock investments as the shares without liquidating them first? I wouldn't think you have to sell other than perhaps draconian levels of estate tax that you need to fund and burn some of it to pay for?
Click to expand...
As the Captain said, upon the estate being finalized the account transfers with the holdings intact and the basis is adjusted. You dont need to liquidate anything and realize anything.
 
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