Easy Rhino wrote:are you retired? Do you have substantial income from other sources? (ira distributions, pensions, etc)
cap gains rate is zero as long as you stay within the 15% tax bracket, so it may at least be worth selling up to that point.
gwrvmd wrote:you have no capital gains except for the current year that you haven't paid taxes for. Currently your only capital gains are from Jan 1 2013 to today
gwrvmd wrote:Eye Yield: I have also been a buy and hold investor for over 40 years. If your taxable investments are in mutual funds then you have paid taxes on dividends and capital gains every year so you have no capital gains except for the current year that you haven't paid taxes for. Currently your only capital gains are from Jan 1 2013 to today....Gordon
Cyclone wrote:I read a long time ago that if you own stocks, you can sometimes trade them into a mutual fund for shares in that fund, and it is not a taxable event. It would probably depend on the type of stocks you own and the type of mutual fund in which you want to invest.
EyeYield wrote:I have about 26 individual stocks
I started out with DRIP's in the '60's and was taught (by my thrifty mother) to diversify in the sectors of the S&P 500. I developed an acronym for the sectors M-U-S-I-C - T-H-E-F-T (an unfortunate acronym for someone who worked in the music biz) and once I got one of each, I started over trying to diversify within each sector and added a REIT along the way...
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