The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies


Subject:  Oh, shoot! We're too successful. Date:  2/25/2014  2:29 PM
Author:  sharleen Number:  120223 of 127753

Thanks to Motley Fool in general and Stock Advisor in particular, we literally have no losers. Well, technically, we have a couple that are a percentage point or two down on some days ... not enough to offset capital gains if we sell anything. Our overall income is too high to add anything to our IRAs or other protected accounts.

We're rapidly approaching retirement, and we'd like to re-balance toward more conservative investments. Apple (up 234%), Amazon (up 373%), and similar stocks account for too much of our portfolio at this point. But selling is too expensive tax-wise.

Worse yet, BEAM is being sold out from under us this year, to the tune of $18,000 - a gain of about 216%.

I know it's rude to gripe about success, but sometimes it can be a pain in the butt.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us