Jerry D. Murphy

Retirement, Investing, Taxes
“Jerry D. Murphy, CFP has been providing financial advice for over 20 years. He is the President of JDM Financial & Investments.”

JDM Financial & Investments, Inc.

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Jerry D. Murphy, CFP™, founder and principal of JDM Financial & Investments, Inc. enjoys helping others achieve their financial goals and objectives. Mr. Murphy began his career in the financial services industry in 1993 as a Life Insurance Agent. After a few years as a Life Insurance Agent, Mr. Murphy felt compelled to expand his services to include comprehensive financial planning. He then started JDM Financial & Investments, Inc. Mr. Murphy is a board Certified Financial Planner (CFP®)

He is a graduate of both Bowie State University (Bowie, MD) and the College for Financial Planning (Denver, CO). He is a registered investment advisor rep. with the Securities and Exchange Commission (SEC) as well as a registered representative of the Financial Regulatory Industry Authority (FINRA), where he holds a securities license.

Mr. Murphy has been quoted in financial publications such as Financial Advisor Magazine, Investment News, Smart Money,, Thomson Reuters, Investors Business Daily and The Wall Street Journal.


BS, Business Marketing, Bowie State University

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    Stocks, Taxes, Starting Out
Are you required to pay taxes on stocks that you own and hold for years but do not sell?
100% of people found this answer helpful

If the stock is held outside of a tax deferred account (IRA, 401k, Annuity, etc.), then any dividends paid by the stock would be taxable.  Until the stock is actually sold, appreciation of the stock is not taxable.  On the contrary, if the stock falls below your cost basis and is sold, then you would incur a capital loss. Which could be used as a tax write-off.

However, if the stock is held in a tax deferred account and is sold, then you neither incur taxes on the gain nor can you write-off a capital loss.


September 2018
Does my employer's matching contribution count towards the maximum I can contribute to my 401(k) plan?
68% of people found this answer helpful
October 2016
    Social Security, 401(k)
What impact will a withdrawal on my 401(k) have on my Social Security?
47% of people found this answer helpful
October 2016
    Investing, Stocks, Insurance
How would I classify income from the sale of stocks that were originally gifted to me?
38% of people found this answer helpful
September 2018
    Real Estate, Taxes
Am I entitled to a one time capital gain on the sale of a home I've lived in for 50 years?
33% of people found this answer helpful
July 2016