Ready-4-ER-at-14
Full time employment: Posting here.
Pretty much have converted reg ira to roth.
Now need to decide what to do with cash accounts.
I remember Berkshire Hathaway tried to minimized dividends or capital gains so you basically had appreciation that could reset cost basis for person who might inherit it.
I was looking at expensive whole life insurance as a possible way to do inheritance to heirs but gut said no there must be a better way. Tax exempt could work i suppose but feel ho hum about that.
Has anyone bought growth stock just for capital appreciation that they either didn't use of donated to a charity for tax minimalization?
I was thinking how to screen for a stock that would work and had some ideas.
low or no dividend say <1% ,
increasing retained value
increasing funds from operation
low pe
> 50k stock exchanged daily (liquid)
plus if optionable
Am open to ways to think on this or even some holdings you think could be candidates. This would be a long term holding.
In past I had focused on acquiring dividends in defered holdings so a differt set to my sails.
Ty for any ideas or comments.
Now need to decide what to do with cash accounts.
I remember Berkshire Hathaway tried to minimized dividends or capital gains so you basically had appreciation that could reset cost basis for person who might inherit it.
I was looking at expensive whole life insurance as a possible way to do inheritance to heirs but gut said no there must be a better way. Tax exempt could work i suppose but feel ho hum about that.
Has anyone bought growth stock just for capital appreciation that they either didn't use of donated to a charity for tax minimalization?
I was thinking how to screen for a stock that would work and had some ideas.
low or no dividend say <1% ,
increasing retained value
increasing funds from operation
low pe
> 50k stock exchanged daily (liquid)
plus if optionable
Am open to ways to think on this or even some holdings you think could be candidates. This would be a long term holding.
In past I had focused on acquiring dividends in defered holdings so a differt set to my sails.
Ty for any ideas or comments.