Scott and James discuss how to rebalance when tax implications are involved.
Listener Question
I'm 30 years old and have close to 1/2 million in taxable brokerage accounts. While I was investing, I was not targeting a specific asset allocation, and now realize my portfolio is very heavily concentrated in domestic large cap stock funds. My question is, how do I go about rebalancing to achieve a more diversified portfolio while considering the implications of taxes and market cycles?
Planning Points Discussed
Timestamps:
3:07 - Tax Planning
6:05 - Volatility Concerns
8:11 - Creative Planning
10:57 - When To Sell
13:30 - Example of Tax Implications
15:48 - Taxable Accounts
17:22 - Gifting For Tax Planning
LET'S CONNECT!
James
Scott
ENJOY THE SHOW?
Don’t miss an episode, subscribe via iTunes, Stitcher, Spotify, or Google Play.
Leave us a review on iTunes.
Have a money question you want us to answer? Submit one here
