I have $3m invested in stocks like Tesla and Apple and I want to diversify my portfolio, but if I sell now, I will lose money
Briefly

from 24/7 Wall St.4 months ago
AFAANG software engineer with a net worth of over $3 million in tech stocks is unsure whether to pay high taxes to diversify, or remain invested.
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/28/i-have-3m-invested-in-stocks-like-tesla-and-apple-and-i-want-to-diversify-my-portfolio-but-if-i-sell-now-i-will-lose-money/
Diversification is crucial for financial security as it reduces risk, balances portfolios, and offers long-term stability, especially when heavily invested in tech.
24/7 Wall St.https://247wallst.com/personal-finance/2024/11/28/i-have-3m-invested-in-stocks-like-tesla-and-apple-and-i-want-to-diversify-my-portfolio-but-if-i-sell-now-i-will-lose-money/
Read at 24/7 Wall St.
#diversification #growth-stocks #wealth-management #tax-implications #investment-strategies
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