Retireby45ish
Recycles dryer sheets
- Joined
- Dec 8, 2018
- Messages
- 209
I hold large index funds for the most part. However, I did buy some AAPL and TSLA (and GOOG) a few years back. something like 2-3% of my portfolio. Luckily these have performed well in 2020...yet the problem is that I'm overweight them in my portfolio because of their growth. I'd like to sell them out but I don't want to pay the 20% LTCG tax on them. The alternative is to hold them for 4-5 more years until I'm in a 0% bracket. So now I'm torn...pay the tax or take the uncertainty of having these stocks make up ~17% of all my assets. When I started I wasn't concerned about having such a small amt riding on these little names. But I'm surprised now how big they've grown.
I'm happy to hold AAPL...I think that has long term stability/growth/etc. That makes up 13% alone. TSLA at 4% is either going to double again or go to 0 in that time. I guess I'm also fine with GOOG as a business. Did I just answer my question?
I hate having to pay the tax man on earnings from my investments...
I'm happy to hold AAPL...I think that has long term stability/growth/etc. That makes up 13% alone. TSLA at 4% is either going to double again or go to 0 in that time. I guess I'm also fine with GOOG as a business. Did I just answer my question?
I hate having to pay the tax man on earnings from my investments...