So I came around to the boglehead approach recently. It was really really easy to rebalance my tax protected accounts - but - I also have a legacy stock account that I'm stuck with what to do.
For example I have 39k of capital gains on Eli Lilly, 38k on Microsoft, 23k on Apple, and say 17k on Berkshire Hathaway etc. All and all there is about 250k of capital gains...
I'm sold on the 3-fund concept - but - I'm also not convinced it makes sense to realize all these gains in my taxable account just to rebalance everything - rather I should slowly shed stocks as my tax situation varies over the years.
Is there a reason to just dump it all at once?
For example I have 39k of capital gains on Eli Lilly, 38k on Microsoft, 23k on Apple, and say 17k on Berkshire Hathaway etc. All and all there is about 250k of capital gains...
I'm sold on the 3-fund concept - but - I'm also not convinced it makes sense to realize all these gains in my taxable account just to rebalance everything - rather I should slowly shed stocks as my tax situation varies over the years.
Is there a reason to just dump it all at once?
Statistics: Posted by jeef — Fri Sep 20, 2024 12:02 pm — Replies 5 — Views 187