Dr. John Deloney
π€ SpeakerAppearances Over Time
Podcast Appearances
It's going to be my gift to you. I'm also going to send you Financial Peace University. I want you to watch the videos and it's going to give you peace because it's going to give you an actual plan. Okay, brother? Hang on the line here. We'll get you hooked up.
Absolutely not.
Absolutely not.
Absolutely not.
Stop listening to other people, man.
Stop listening to other people, man.
Stop listening to other people, man.
Let's pull that apart real quick. Molly, I'm going to talk to George, but I'm going to do it on your behalf, okay? Okay. Okay. George is smarter than me in some of this stuff. So, George, I'm thinking you could sell the stock and take $850,000 in cash minus whatever the... Hey, I assume you're going to have capital gains taxes on this, right?
Let's pull that apart real quick. Molly, I'm going to talk to George, but I'm going to do it on your behalf, okay? Okay. Okay. George is smarter than me in some of this stuff. So, George, I'm thinking you could sell the stock and take $850,000 in cash minus whatever the... Hey, I assume you're going to have capital gains taxes on this, right?
Let's pull that apart real quick. Molly, I'm going to talk to George, but I'm going to do it on your behalf, okay? Okay. Okay. George is smarter than me in some of this stuff. So, George, I'm thinking you could sell the stock and take $850,000 in cash minus whatever the... Hey, I assume you're going to have capital gains taxes on this, right?
Or after taxes, if you feel like tithing the $80,000 you actually brought home and you pay $8,000, everybody's going to be different there.
Or after taxes, if you feel like tithing the $80,000 you actually brought home and you pay $8,000, everybody's going to be different there.
Or after taxes, if you feel like tithing the $80,000 you actually brought home and you pay $8,000, everybody's going to be different there.
Exactly.
Exactly.
Exactly.
But so if it was me, and again, take this with a grain of salt, right? If it was me, I would cash out that $850,000 and take $85,000 and tithe it to my church. And then my wife and I would decide, do we want to do something else with it? Do we want to help a kid go to college? Do we want to like what, you know, whatever.
But so if it was me, and again, take this with a grain of salt, right? If it was me, I would cash out that $850,000 and take $85,000 and tithe it to my church. And then my wife and I would decide, do we want to do something else with it? Do we want to help a kid go to college? Do we want to like what, you know, whatever.
But so if it was me, and again, take this with a grain of salt, right? If it was me, I would cash out that $850,000 and take $85,000 and tithe it to my church. And then my wife and I would decide, do we want to do something else with it? Do we want to help a kid go to college? Do we want to like what, you know, whatever.
And do you want to give to my daughter's little school or whatever we want to do with it? And then the rest of it, I would put into some sort of retirement vehicle.