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Second, Would you rather pay some taxes, or be out of balance in your portfolio and then have the risks you are worried about come to pass?

I think it's important to consider taxes, but don't let the fact that you have to pay them make you take outsized risks with your money.

yup, didn't we used to have someone here who'd always say, "don't let the Tax Wagon shake the Investment Donkey"?

[ OP should have done what i did -- sell all NFLX back when it was $55 ]

another question might be --why is 'balance' so important? When i have a stock that gains so much i start getting nervous, i put in trailing-stop orders for a fraction ]
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