Shares of Google some how, without paying taxes?
Shares of Google some how, without paying taxes?
People should learn endurance; they should learn to endure the discomforts of heat and cold, hunger and thirst; they should learn to be patient when receiving abuse and scorn; for it is the practice of endurance that quenches the fire of worldly passions which is burning up their bodies.
--Buddha
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www.skiclinics.com
No. You have to roll into an IRA. Find an IRA plan that lets you buy shares of individual stocks.
Quando paramucho mi amore de felice carathon.
Mundo paparazzi mi amore cicce verdi parasol.
Questo abrigado tantamucho que canite carousel.
Yes, as long as it remains an IRA. You can invest in many things within an IRA, including physical gold and teal estate.
Fucking phone keyboards....
Keep IRA but move it to a manager, like Vanguard, and have them buy stock with it. The stock could be Google. You don't need to cash-in the IRA in order to buy stock.
Turns out I'm too poor for Vanguard. Now I can kind of see where the occupy wall st folks are coming from . You need to be wealthy to make good investments, I don't get that.
People should learn endurance; they should learn to endure the discomforts of heat and cold, hunger and thirst; they should learn to be patient when receiving abuse and scorn; for it is the practice of endurance that quenches the fire of worldly passions which is burning up their bodies.
--Buddha
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www.skiclinics.com
Sharebuilder.com? I have an IRA with them and feel like i can buy whatever I want at $4/trade if you do the automatic investment deal.
Last I checked Vanguard had a $3K minimum on an IRA. Google trades for $612 a share. So somehow assuming Vanguard was not for "rich people" you want to buy < 5 shares of Google and somehow expect Vanguard to welcome this business? Even if Vanguard were to execute these trades for $0.20 a share they would make $1.00 on this. It would cost more to send the account forms in the mail.
Whatever. Individuals shouldn't be buying stocks. They should be buying index funds. Don't be a muppet.
"fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
"She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
"everybody's got their hooks into you, fuck em....forge on motherfuckers, drag all those bitches across the goal line with you." - (not so) ill-advised strategy
Alrighty then.
People should learn endurance; they should learn to endure the discomforts of heat and cold, hunger and thirst; they should learn to be patient when receiving abuse and scorn; for it is the practice of endurance that quenches the fire of worldly passions which is burning up their bodies.
--Buddha
*))
((*
*))
((*
www.skiclinics.com
That's cool ill do it myself, but I have a feeling I will not get to do it tax free. And if that's the case its not right, why should I have to go to some firm (in this case Vanguard) to get the same tax break others enjoy. Is there another way, because if there is I'll do it.
/vent
People should learn endurance; they should learn to endure the discomforts of heat and cold, hunger and thirst; they should learn to be patient when receiving abuse and scorn; for it is the practice of endurance that quenches the fire of worldly passions which is burning up their bodies.
--Buddha
*))
((*
*))
((*
www.skiclinics.com
Call or walk into a Fidelity or Charles Schwab office. Tell them you want to open a new IRA account and transfer your cash/assets from what I am guessing is an ex-employer sponsored account?? Wait two weeks until assets are transferred and then buy shares of whatever you want. Its pretty straightforward. They do these account transfers several thousands of times a month, they'll understand you don't want any tax penalties from an early withdrawal. Why your current or ex-employer IRA plan doesn't allow you to invest in individual stocks I don't know.
"do it yourself". Do what yourself? Buy stock? You need to set up a brokerage acct somewhere to do that. It's not like there's a stock store and you put some stock in your cart and pay with a visa and they ship it out to you via UPS.
I imagine that any place that sets up a brokerage acct can take rollover IRA money and use that and keep it in an IRA. But they all may have minimums, I don't know. There are certainly other rollover IRA options, too.
"fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
"She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
"everybody's got their hooks into you, fuck em....forge on motherfuckers, drag all those bitches across the goal line with you." - (not so) ill-advised strategy
You can.
The real question is, which brokerage? Who do you guys like? Why?
Balls Deep in the 'Ho
Ing Direct (nee Sharebuilder) was super easy and kind of fun to play with for awhile - not sure how that works with an IRA but great for purchasing whatever you want stocks/funds-wise...
I *am* a bit suspicious that they ever actually make the trades though for small-volume accounts. It would be cheaper and easier if they were to just cover the action themselves, high-school bookie style.
... jfost is really ignorant, he often just needs simple facts laid out for him...
Like missing sock said, there are plenty of brokers who have no min amounts for IRA's, and next to no maintenance fees (yearly fees tacked on for the privilege of keeping your account with them) Try etrade, scottrade, fidelity, schwab, etc..they could all help you through the process..they won't give you investment advice but if your set on GOOG than that's that.
If you want advice on how to invest it as well most will provide that for a 1% of the total acct balance per year. Shameless plug, I'm a financial advisor, feel free to pm me to walk you through the process of rolling over the acct and some basic investing tips for free.
13-At this point the industry has become pretty commoditized, so they're pretty much all the same. The two differentiating points are costs and performance reporting. Reporting can be important depending on how complex your portfolio is. I personally use Scottrade just because they are dirt cheap and have good service and I do most of the reporting myself. I have no incentive for saying this, honestly there are lots of good ones like etrade, Schwab.
If your account is below 3K, can I ask why you want to do such a concentrated bet with Google. I am not saying its right or wrong but it would be highly concentrated and that alone is a red flag in my opinion. Just wondering the thought process.
Also, if its a old employer....they usually kick you out of their plan if your account is below a 5K minimum. Was that not an issue, maybe its company dependent...
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