From my perspective - unless you plan to hold the stock until you die, or you expect to be in a zero percent cap gains rate in the future, it is just a matter of timing of when you pay the tax, so I’d probably sell as much at 15% rate as I could afford each year.Now that I am aware of the benefits of index funds and ETFs I definitely am a believer - on my tax advantaged retirement accounts I have already made the changes - but on taxable accounts I am stuck due to the prospect of a huge tax bill.So why are you holding on to some and selling others?
As long as I was in 15% bracket I’d probably sell. I don’t know that I would have any particular preference which one. Either you believe in index funds or etfs over individual stocks or you don’t.
I am budgeting up to $1.5k extra in taxes per year, hence the limit of $10k in capital gains. Everything I sell, minus the taxes goes into index funds - so I am trying to sell ones that have least capital gains at this point.
Statistics: Posted by JBTX — Wed Sep 11, 2024 12:18 am — Replies 13 — Views 484