Author Topic: Stocks  (Read 891495 times)

Offline Mikeoracle

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Re: Stocks
« Reply #7360 on: December 04, 2022, 01:11:20 AM »
Not sure if this is the right place to ask this or not, but I can't think of where else I should ask (except maybe here) so here goes...

I'm trying to figure out which of my appreciated stocks to donate to my Donor Advised Fund.

Stock A - ~$10k in unrealized gains, ~336% gain, current value - ~$13k
Stock B - ~$10k in unrealized gains, ~87% gain, current value - ~$19.6k

Is there an advantage of donating one over the other (other than the obvious benefit of stock B giving me a bigger deduction)?

I feel like there should be something about the unrealized gains I'm giving up, but I can't wrap my head around exactly what.

Any help would be greatly appreciated.
I'm not an accountant, so wait for confirmation, but my first thought is that I would go with stock "A".
You aren't getting a greater advantage by donating stock "B", as both of their advantages are equal as far as the cap gains being avoided on 10k.
If you donated stock A plus 6k in cash, it would be the same outcome as donating stock B.
Alternatively if you wanted to exit the position of stock B anyways and wanted to load up that much into your DAF and not just 13k, then B would make sense.
Probably comes down to which position you want to close out more, and how much you want in your DAF.

Offline YitzyS

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Re: Stocks
« Reply #7361 on: December 04, 2022, 01:13:43 AM »
Following this thread makes me feel so poor...  ::)

Offline sguitarist18

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Re: Stocks
« Reply #7362 on: December 04, 2022, 10:48:16 AM »
1) Are both stocks held longer than a year?

2) Unless you want to donate more right now, the advantage of stock A is that a higher percentage of what you're donating would otherwise be taxable if you sold.

3) If you plan on re-buying, A has a greater free step-up in cost basis through this move, percentage-wise.

Offline dpk4588

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Re: Stocks
« Reply #7363 on: December 04, 2022, 09:26:15 PM »
1) Are both stocks held longer than a year?

2) Unless you want to donate more right now, the advantage of stock A is that a higher percentage of what you're donating would otherwise be taxable if you sold.

3) If you plan on re-buying, A has a greater free step-up in cost basis through this move, percentage-wise.
1) Yes, both are long-term
2 & 3) This is what I was thinking that I was missing.
Thanks.
Only two things are infinite, the universe and human stupidity, and I'm not sure about the former.
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Offline ExGingi

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Re: Stocks
« Reply #7364 on: December 18, 2022, 11:03:52 PM »
Out of an interesting thread:


I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline madhocker

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Re: Stocks
« Reply #7365 on: December 22, 2022, 02:03:51 PM »
Any buyers on TSLA? at $125 a share (375 pre last split) today, shares are down 18% this week alone. If this is just about Elon buying twitter, I think we see a healthy bounce up from these lows.

On the other hand, TSLA has been trading at such insane multiples that any lost luster in the eyes of the market can sink it even more.

Thoughts?

Online Ver hut gazugt

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Re: Stocks
« Reply #7366 on: December 22, 2022, 02:50:01 PM »
Quote
TSLA now trading at $537 (pre split). I seem to recall some comments on this thread kicking themselves for not buying in around 600....

Do we nibble at some now or stay away?


Personally I would wait till fed stops qt and rate hikes before investing in a growth stock.
seems to still be holding true :D

Offline CountValentine

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Re: Stocks
« Reply #7367 on: December 22, 2022, 02:56:13 PM »
Thoughts?
You will go broke trying to pick the bottom.
Only on DDF does 24/6 mean 24/5/half/half

Offline JMHO

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Re: Stocks
« Reply #7368 on: December 22, 2022, 04:58:30 PM »
Any buyers on TSLA? at $125 a share (375 pre last split) today, shares are down 18% this week alone. If this is just about Elon buying twitter, I think we see a healthy bounce up from these lows.

On the other hand, TSLA has been trading at such insane multiples that any lost luster in the eyes of the market can sink it even more.

Thoughts?
Buy now. You'll thank me in a year!

Offline JMHO

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Re: Stocks
« Reply #7369 on: December 22, 2022, 04:58:50 PM »
Any buyers on TSLA? at $125 a share (375 pre last split) today, shares are down 18% this week alone. If this is just about Elon buying twitter, I think we see a healthy bounce up from these lows.

On the other hand, TSLA has been trading at such insane multiples that any lost luster in the eyes of the market can sink it even more.

Thoughts?
Don't buy now. You'll thank me in a year!

Offline JMHO

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Re: Stocks
« Reply #7370 on: December 22, 2022, 04:59:14 PM »
Any buyers on TSLA? at $125 a share (375 pre last split) today, shares are down 18% this week alone. If this is just about Elon buying twitter, I think we see a healthy bounce up from these lows.

On the other hand, TSLA has been trading at such insane multiples that any lost luster in the eyes of the market can sink it even more.

Thoughts?
I think I will be proven right in a year!

Offline joe1234

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Re: Stocks
« Reply #7371 on: December 22, 2022, 06:06:26 PM »
Which way?
I think I will be proven right in a year!
Don't buy now. You'll thank me in a year!
Buy now. You'll thank me in a year!

Offline YitzyS

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Re: Stocks
« Reply #7372 on: December 22, 2022, 06:46:20 PM »
My grandmother told me that there was once a OB/GYN doctor who was famous for having a reputation of having a very high rate of predicting the baby's gender correctly, before the days of sonograms. It was later discovered that he would always tell the parents one gender, but he would write the other one in his file. If his spoken prediction was wrong, he would show the parents his file and say that they must have misheard him when he said it, because his file clearly shows that he predicted correctly...

Offline chinagel

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Re: Stocks
« Reply #7373 on: December 22, 2022, 07:18:26 PM »
Buy now. You'll thank me in a year!
Reminds me of this.
Buy Sofi and thank me in 5 months. Will double by Jan 2023
At least your username gives a better indication.

Offline YitzyS

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Re: Stocks
« Reply #7374 on: December 23, 2022, 12:02:27 AM »
Reminds me of this. At least your username gives a better indication.
I'm still waiting for it to double...





Thankfully, I didn't buy when that post went up, but I waited for it to drop, so I'm not too deep in the red from it, but can't wait for next month when it will double...




Offline yos9694

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Re: Stocks
« Reply #7375 on: December 23, 2022, 11:01:45 AM »
My grandmother told me that there was once a OB/GYN doctor who was famous for having a reputation of having a very high rate of predicting the baby's gender correctly, before the days of sonograms. It was later discovered that he would always tell the parents one gender, but he would write the other one in his file. If his spoken prediction was wrong, he would show the parents his file and say that they must have misheard him when he said it, because his file clearly shows that he predicted correctly...

Since you said "high rate" and not 100%, I'm guessing you believe its a non-binary outcome

Offline YitzyS

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Re: Stocks
« Reply #7376 on: December 23, 2022, 11:06:41 AM »
Since you said "high rate" and not 100%, I'm guessing you believe its a non-binary outcome
-1.5

Offline yos9694

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Re: Stocks
« Reply #7377 on: December 23, 2022, 01:03:50 PM »

Offline Lurker

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Re: Stocks
« Reply #7378 on: December 23, 2022, 02:03:47 PM »
Since you said "high rate" and not 100%, I'm guessing you believe its a non-binary outcome

Accounts for when he missed multiples and there was more than one gender.
Failing at maintaining Lurker status.

Offline ExGingi

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Re: Stocks
« Reply #7379 on: December 28, 2022, 10:37:11 AM »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan