Video: Could you still give smarter with stocks?

With year-end approaching and market volatility at a high for 2018, there are still many opportunities to take advantage of gifts of appreciated securities. Why should you give stocks instead of cash?

Well, for the ministries and charities you care about, it could make a big difference. By giving appreciated stocks or mutual funds you’ll likely reduce taxes, improve your personal cash flow, and have the opportunity to re-balance your portfolio tax free.

In today’s market, uncertainties of rising interest rates and the possibilities of a new round of deflationary pressures remain. But high asset prices in select equities remain an excellent choice for giving.

Consider your long-term publicly traded stock for a charitable donation or ask your advisor about the best asset to contribute.

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