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

• Retirement Planning
• Utilizing Time Efficiently
• Capital Appreciation
• Purchasing Power
• Other issues (IRAs, Inflation, Financial Goals, etc.)

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

Facebook LinkedIn Website

Scott

Facebook Twitter Website

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