The past decade has been phenomenal for most investors' portfolios. The hidden drawback to this is that many investors are now reluctant to make portfolio changes because they're worried about potential tax consequences. For some, this is fine. For others, this has added additional risk to their overall situation because one position makes up a large percentage of their net worth. Maybe you worked for UPS, Marathon, or other company whose stock has done well over the last decade. While it can be tough to sell, it's also a risk to hold more than 5-10% of your net worth in any one position.
So what are your options? How can you minimize the tax when you do liquidate a position? Check out my video to find out.