 If the stock market crashes, should i buy shares while they are cheap? |
| Im a real beginner in investing, but would it be advisable to buy shares if the US stock market has crashed, as then it will be a great buying opportunity?... |
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 What is the best way to save money? |
| I have always tried to save my money, but every time i end up spending it on something that i don't need.... |
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 I'm 20 and have 20,000 to invest. What should I invest in? |
| I'm 20 years old and have 20,000 dollars to invest. I have read up on Mutual funds and stuff but I am pretty new to investing. What should I invest in?... |
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 How would you invest $30,000...realistically? |
| I got a $30,000 total settlement for a recent car accident. I make around $38,000 per year which is low for San francisco. I have no credit card debt and I am 26 by the way. I cant think of how to ... |
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 Which 3 of these Quotes are the best for the back of my Real Estate business card? |
| Many of the people I make deals with are procrastinators....I [attempt] to work with people who are living in homes of people who passed away without a will. They could be any type of relative, but ... |
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 "Playing the stock market" is no different than gambling. Why should people gamble away their hard earn money |
"Playing the stock market" is no different than gambling. Why should people gamble away their hard earn money when American corporate executives simply line their pockets with it?
A... |
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 I am 15 years old. I have about $3,000 and I want to put it into an investment.? |
| Any suggestions on what I should do? The companies that are good for long term investments? I am thinking about putting it into Activision, Electronic Arts, or Take-Two Interactive, but I don't ... |
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 Most people say buying a home is a great investment. Why? |
Most people I know buy a home only to buy a bigger one down the road. They die long before they ever see that cash. Not to mention the loans they take out on the home.
They say they will ... |
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 How would you invest $60,000? |
| I don't really follow financial stuff, but I have $60,000 in the bank that I know I should invest, I also have another $10,000 in my checking account. But I'm afraid of losing it, so I don&... |
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 Why can't we just print money if we need it? ? |
| I mean money is paper, right. I know it may be a dumb question, but I just wanna know. How does money work? I mean can't we just print it if we need it ?... |
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 Regarding the Enron case, was justice served with the death of Kenneth Lay by heart attack? |
| Or, do you think justice would've been better served if Mother Nature hadn't intervened and he would've slowly rotted away in prison instead?... |
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 Please help ..My item on ebay worth £300 is about to be sold for £10? |
I do i contact other buyers so they may bid higher ..please help.
This is my first time at ebay.I have just 6 hours to contact them.... |
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 Depositing more than 10K in a bank at once.....? |
| I know that if you deposit more than 10K at a bank at once, they will fill out some sort of form and report it to the IRS (or at least I'm told). My question is, what if I deposited $9300 on W... |
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post50modern | Can I give a gift of stock to a friend? |
I own a bunch of stock in a company and would like to give some of it to a close friend. Is this legal? How much can I give? Can I gift it to a friend or does it have to be a family member? |
 |
 
Gator714
|
Yes you can gift the stock to a friend. The easiest way to do it would be for your friend to have a brokerage account at the same firm where you have yours. You would then provide a written request to transfer X number of shares to this friend's account. They will need his name and account number. Since you are still alive whatever your original cost basis was will become your friends cost basis. This would be different if these shares were gifted to your friend after your death. If it is after your death the cost basis would be "stepped up" to whatever the value of the stock was on the day of your death. This type of gifting is often done when one has highly appreciated stock that would kill you tax wise if you were to sell it. There is no maximum limit but if you gift more than $11,000 worth per year to any one person it will have to be reported to the IRS as a gift. There is no requirement to make such gifts to a family member. Many of my clients use this strategy to gift shares to their church or other charitible foundation. Good luck. |
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Nicole
 |
talk to a financial advisor, there is a uniform act gifts for kids, so there might be for friends. |
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billyandgaby
|
YOu have to have the company issue the stock in their name. Thi may involve selling your shares and then buying back more shares. The gift may be taxable based on purchae prie and not sell price. |
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shenango valley gal
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depends on do you like the friend and what the stock is. but you should ask the person you got hte stock from to be on the safe side. |
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Homer J. Simpson
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you can dot it. there are restrictions on the amount. you friend/family member may have to pay a gift tax. & you can not take a tax deduction. |
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Billy C
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well, you can just say its his and keep it if it isnt...thad be an awesome gift...you could call it one of those gifts that keeps on giving!...or taking, depending on the economy... |
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Schizm
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just don't give one that is heading towards bankruptcy lol |
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Jenkins77
 |
Yup. |
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shazia5@sbcglobal.net
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Well i guess u can gift stock to ur friend . that would be a kool gift for an business man or women . i dont know if its legal . |
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Darren
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Yes. it all depends. As family member, theres tax write offs, but for a friend, no. Your friend might have to pay tax if sells in future. invest in an IRA in your friends name? |
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tsbr1963
 |
Yes you can.
And Sir J is totally wrong. You pay no cap gains on the appreciated value.
Your friend's cost basis is YOUR original cost basis and the only other tax issue would be the gift tax. If the stock is over $12k in value, then there are gift tax consequences. |
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janeroth7
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Ask you firm your buying stock from and how to transfer it to your friend's name.
Stay cool.....it' is hot here in NYC going to be 104 degrees. JR |
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kako
 |
Yes, you can do this. Current US tax laws say you can gift up to $11,000 worth of stock to anyone tax free. It can be anyone, not just a close family member.
You and your friend's brokerages can handle the transaction.
Look here for more info:
http://www.irs.gov/faqs/faq-kw87.html |
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truthyness
 |
Not sure, but you can do gift shares:
http://oneshare.com/
They make em nice and presentable. |
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The J Man
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Yeah, its yours. When you buy the stock you get an actual stock certificate representing your tiny portion ownership of the company. It is worth something different everyday, whatever the NYSE has placed the value of the company divided by shares. You have possession of the stock certificate, you can give it away and notify the company if you wish. |
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YourDreamDoc
 |
Sure as long as there is no conflict of interest and the friend is not any business related. |
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Sir J
 |
You can give it whomever you wish. You will have to pay capital gains on the appreciation from the basis. |
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coolbreezes1
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yes, you can give 1 share or all. |
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la de tus fantasias
 |
i guess |
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horselover
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I don't think so. Someone might view it as bribery. |
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