Sure, thanks. From: Travis Johnson Sent: Friday, October 14, 2016 9:47 AM To: [email protected] Subject: Re: [AFMUG] OT: AAPL
You are asking the wrong people then. I personally know two LDS members that paid their tithing just last year (2015) using stock... one of them it was hundreds of thousands of dollars worth. I can get you the contact info if you are seriously interested. Travis On 10/14/2016 9:17 AM, [email protected] wrote: When asked the answer comes back as NO. They say sell, convert to dollars and give them the dollars. From: Travis Johnson Sent: Friday, October 14, 2016 8:23 AM To: [email protected] Subject: Re: [AFMUG] OT: AAPL That's not correct Chuck... I know many wealthy LDS people that donate stock for tithing. They will only accept the "larger" stocks, such as Apple, Google, Amazon, GM, Ford, etc... but they do take it, and lots of people use that option. Travis On 10/13/2016 6:21 PM, Chuck McCown wrote: My church only takes dollars... From: Af [mailto:[email protected]] On Behalf Of Lewis Bergman Sent: Thursday, October 13, 2016 9:49 AM To: [email protected] Subject: Re: [AFMUG] OT: AAPL I use this tax strategy years ago and it enabled me to donate more money and pay less tax. On Wed, Oct 12, 2016, 3:45 PM Jon Langeler <[email protected]> wrote: Thanks for the tips! AAPL may be a good buy right now but not a steal Jon Langeler Michwave Technologies, Inc. > On Oct 12, 2016, at 12:07 PM, Travis Johnson <[email protected]> wrote: > > I'm all in on AAPL at $114 (a few weeks ago). Keep blowing up those phones Samsung... LOL > > This is a longer term investment... making 2% dividends is better than most bank CD's or savings accounts, and Apple has made a 16% annual return over the last 5 years. Even if their stock just holds (which it won't now because of the Samsung thing, etc), it's making 2% and it's still "liquid" according to the banks, which helps on personal financial statements. > > AND, the new hip thing to do is donating stock to your church as a charitable donation. You don't have to pay the tax on the increase if you sold it first, you just transfer it at the current value. Amazing the tax tricks these church going people come up with... LOL > > Travis >
