When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to invest the full amount in the new stock and sell off some of it to cover the tax bill when it comes due?
Seems like it is a decision between the safety of knowing you have the liquidity (if things go down) versus having your money work for you more during the year (if things go up).
What are the pros and cons of each? Which do you prefer?
[link] [comments] https://www.reddit.com/r/stocks/comments/17afj07/tax_planning_when_selling_one_stock_to_buy/
Connectez-vous pour ajouter un commentaire
Autres messages de ce groupe
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
Rite Aid has filed for bankruptcy.
The beleaguered drugstore chain has been grappling with slowing sales, mounting debt and a slew of lawsuits that allege the
