At 53 with a $9.25 million net worth, I’m eyeing three ways to handle my concentrated stock – which strategy avoids the biggest tax bite?

At 53 with a $9.25 million net worth, I’m eyeing three ways to handle my concentrated stock – which strategy avoids the biggest tax bite?

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A Redditor is currently sitting on a massive $9.25 million net worth, but there is one small catch. This individual has one stock that has logged a $3.7 million long-term capital gain. That’s an impressive gain, but it also means that the Redditor’s portfolio is heavily concentrated into a single asset. The Redditor wants to […]

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