Personal Investments • Talk me into diversifying ... (high tax burden)

But we certainly feel a sense, or fear as you put it, of missing out on the next big upswing which keeps us from selling. Even when it seems more likely for the position to fall (or stagnate) vs reaching new highs.

It sounds like you’re not inclined to take the strong advice from Forum members to sharply reduce your stake in this single stock.

I was talking more in general terms. In this case it's more due to paying such high LTCG rate that's got me frozen. And thinking that I could somehow lower the tax rate. But I realize now that I should just sell and take the tax hit.

Statistics: Posted by nickoli — Sat Jul 06, 2024 9:48 am — Replies 24 — Views 2004

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