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What's the Best Way to Sell Out of a Concentrated Stock Position?

What's the Best Way to Sell Out of a Concentrated Stock Position?

FromReady For Retirement


What's the Best Way to Sell Out of a Concentrated Stock Position?

FromReady For Retirement

ratings:
Length:
28 minutes
Released:
May 23, 2023
Format:
Podcast episode

Description

James discusses a listener’s question about what to do with stock positions and single stock positions, explaining the pros and cons of holding a concentrated stock position. He highlights the importance of understanding tax implications and assessing your ability to handle financial and emotional implications.Questions Answered:What should you do when you have a large concentrated stock position from an investment perspective?How do you exit and diversify your position?Timestamps:0:00 intro3:59 Single concentrated stock positions4:47 The role of taxes7:07 What’s the biggest risk?7:52 Two examples12:10 Takeaway12:30 Other considerations15:35 JP Morgan study20:13 Here’s what I’ve noticed…21:46 Understanding risk24:16 What would I look at?25:52 OutroCreate Your Custom Strategy ⬇️ Get Started Here.
Released:
May 23, 2023
Format:
Podcast episode

Titles in the series (100)

Ready For Retirement is the podcast dedicated to helping you learn the tips and strategies that will help you achieve your retirement goals. When it comes to retirement planning, it can quickly become overwhelming and easy to not take action. I designed this podcast because I want you to have the knowledge and confidence to create your secure retirement. My ultimate goal for all of my clients (and listeners) is to create peace of mind and that starts with having a strategy. I want you to spend more time thinking about what matters most to you in retirement. I post weekly episodes to keep you up-to-date on all the best tips and strategies to create a retirement that excites you. Everything from investing tips, tax planning, withdrawal strategies, insurance planning, Social Security, and that's just the start! Let's help you maximize your return on life. We use your money and the strategies I share in this podcast to do just that!