Apple stock

[barfo]

You're also getting raped on taxes with that approach.

As compared to what other approach?

barfo

 

[magnifier661]

As compared to what other approach?

barfo

Instead of only paying capital gains if you hold stocks for over a year and sell

 

[barfo]

Instead of only paying capital gains if you hold stocks for over a year and sell

Pretty sure the tax rate for long term cap gains and qualified dividends is exactly the same.

barfo

 

[magnifier661]

Pretty sure the tax rate for long term cap gains and qualified dividends is exactly the same.

barfo

No they aren't. Dividend income is counted as income as one that owns a business pays each year. That could go as high as 40% if you live in a democratic world

Capital gains is 15%.

 

[Denny Crane]

No they aren't. Dividend income is counted as income as one that owns a business pays each year. That could go as high as 40% if you live in a democratic world

Capital gains is 15%.

QUALIFIED dividends are taxed even lower than long term capital gains.

 

[SlyPokerDog]

QUALIFIED dividends are taxed even lower than long term capital gains.

Dude, didn't you see the gun thread? Mags isn't fucking around. You should just agree with him and back away slowly.

 

[magnifier661]

QUALIFIED dividends are taxed even lower than long term capital gains.

Oh i stand corrected. Thanks bro! Although the qualified dividend at upper scale (39.5% ordinary income) is 20%, which is still higher than capital gains

 

[Denny Crane]

Dude, didn't you see the gun thread? Mags isn't fucking around. You should just agree with him and back away slowly.

I saw the gun thread and the video surveillance one... The thieves planning to steal the guns.

 

[Denny Crane]

Oh i stand corrected. Thanks bro! Although the qualified dividend at upper scale (39.5% ordinary income) is 20%, which is still higher than capital gains

But you get to keep the stock and collect dividends. The asset appreciates, too.

Barfo's kind are chasing companies offshore so it's getting harder to find qualified dividends.

Smert '

 

[magnifier661]

But you get to keep the stock and collect dividends. The asset appreciates, too.

Barfo's kind are chasing companies offshore so it's getting harder to find qualified dividends.

Smert '

I concede... You are correct, I was wrong

 

[magnifier661]

I saw the gun thread and the video surveillance one... The thieves planning to steal the guns.

I would love to see them try

 

[Denny Crane]

Bb30 may have some other tax treatment in mind. He didn't say.

 

[blazerboy30]

As compared to what other approach?

barfo

Are you asking seriously?

 

[barfo]

Are you asking seriously?

Yes, indeed I am.

barfo

 

[barfo]

Oh i stand corrected. Thanks bro! Although the qualified dividend at upper scale (39.5% ordinary income) is 20%, which is still higher than capital gains

I'm afraid you might be wrong still. Both long term capital gains and qualified dividends go up to 20% tax rate when you are in the 39.6% income tax bracket.

barfo

 

[blazerboy30]

Yes, indeed I am.

barfo

It's always better to defer tax payments. With dividends, even qualified dividends, you pay each year. You'll have a higher sum if you only pay once at the end.

This is all assuming a non-tax-advantaged account. In a 401k, for example, it doesn't matter.

 

[barfo]

It's always better to defer tax payments. With dividends, even qualified dividends, you pay each year. You'll have a higher sum if you only pay once at the end.

This is all assuming a non-tax-advantaged account. In a 401k, for example, it doesn't matter.

That's also assuming you don't need the income now. It's also assuming that your tax rate won't be higher later. So I'm not sure I'd say 'always'. Maybe 'often'.

barfo

 

[magnifier661]

That's also assuming you don't need the income now. It's also assuming that your tax rate won't be higher later. So I'm not sure I'd say 'always'. Maybe 'often'.

barfo

How many companies can you invest in that have "qualified dividends"?

 

[barfo]

How many companies can you invest in that have "qualified dividends"?

Hundreds. Including Apple.

barfo

 

[magnifier661]

Hundreds. Including Apple.

barfo

So Apple is a damn good company right?!?!

 

[barfo]

So Apple is a damn good company right?!?!

I think so!

barfo

 

[magnifier661]

I think so!

barfo

Well let's have a fucking party! I'm buying hookers!

 

[barfo]

Well let's have a fucking party! I'm buying hookers!

Could be a good choice. HOFT pays a 2.6% dividend.

barfo

 

[blazerboy30]

That's also assuming you don't need the income now. It's also assuming that your tax rate won't be higher later. So I'm not sure I'd say 'always'. Maybe 'often'.

barfo

Now you're arguing for the sake of arguing.

 

[barfo]

Now you're arguing for the sake of arguing.

Nah. Not even arguing, just commentating.

barfo

 

[BU54]

That isn't true. Almost all of Apple's recent gain has grown tax free. Plus, when taxes do come due on it, probably years from now, it will be capital gains at a lower rate.

I know but I meant not only taxes on stocks ect but in general. I live in the eternally corrupt state of Hellinois and these greedy SOB have a 5% state income tax that doesn't care about qualified dividend or long term capital gains. You pay 5% no matter what to this bankrupt state.