Anyone here swap their company stock holdings into an exchange fund? My advisor is recommending I do this to avoid tax penalties while gaining quick diversification. Wondering if others have done this and what their experience is. Thanks!
Anyone have experience with using exchange funds (not ETFs) or tax loss harvesting for diversifying from a concentrated position? How has it worked out to you? Did you work with a financial planner? Feel free to share your experience via DM if you’d prefer. TC: 400K
Does anyone have experience with these for getting liquidity and removing risk from your pre-ipo shares? My best offers on stock are from these hedge funds, but I don't understand upside and risk
I have too much of my net worth in AAPL. I’m looking to diversify to reduce my risk but want to reduce my tax burden. I’ve been told by an advisor about exchange funds (not ETFs). Have you invested in exchange funds? What has your experience been and how have your returns been? #personalfinance #i...Read more
I am a resident of Ireland. I was looking for investment in index funds. I am new to it. I found few documents and what I understood is, in Ireland you can invest on ETF. There are pros and cons on investing in ETF compared to Index Funds. I was wondering if there is a way to directly invest in inde...Read more
Is it a good idea to move out all my money from individual funds to Brokerage Link in Fidelity? I’ll be investing it in SPY, some in other super stable stocks. Since I’ll be leaving Microsoft I don’t know if I should do this now or if I change my investment choices later.
I was reading this article about exchange funds https://usecache.com/companion/what-is-an-exchange-fund #personalfinance #investments
What’s going on? I wanna send a lot of funds to buy house there and exchange rate is tanking.
pls share questions that were asked but arent on LC if you dont wanna share it here DM me i can share my experiences with few other hedge funds in exchange
What’s the best way to move about $250k of my funds to India? In terms of time. I want to be able to move all at once if that’s efficient. In terms of exchange rate, possibly competitive. Thank you
FTX confirms $8.9 billion in customer funds are missing. SEC update SEC chair implies crypto exchanges may not be ‘qualified custodians’ as new rule is drafted
I am planning to diversify my stock portfolio from a single stock to a booglehead style 3 fund protfolio. I want to avoid the capital gains tax that I will incur after selling my stocks. I will gain around 60k in profits. My net work is below 1M so I don’t think I qualify for exchange funds. #tax ...Read more
Folks, I have highly appreciated stock that is nearly 40% of my portfolio. Is there any way to exchange that stock with index funds without tax hit?
I’m on the fence between these 2 options on what to do with $100k: 1) Deposit cash into a crypto exchange (crypto.com), convert to USDC (stable coin), and earn ~14% APY (paid weekly). The funds are locked up for 3 months. Crypto.com is one of the largest exchanges, so funds should be secure. 2) P...Read more
Yet another reason to get your coins off of custodial wallets and centralized exchanges. Coinbase has the right to your funds in the case of bankruptcy/insolvency!!! https://www.reddit.com/r/Monero/comments/uncgx6/it_has_never_been_more_important_to_get_your/
Did any of you had an account with coinexchange.io and did not withdraw funds before the exchange was shut down? #crypto #coinexchange #xrp #doge
I would like to know whether it’s possible to convert my vested stocks into stocks/ETFs/Bonds without incurring the capital gains tax. I don’t mind the subsequent capital gains tax. Just if I can skip it when converting from RSUs to other instruments. Currently, the only option I see is to have them...Read more
Looking to explore investment avenues in US market for the diversification and currency exchange rate cushion. Has anyone done this for long time and made substantial gains? If so, what are the instruments you opted for: stocks or index funds or Mutual Funds like PPFAS with some exposure in foreign ...Read more
Does anyone here use Ledger Live + Ledger Nano X? I’m looking to potentially move my funds from the exchange to a hard wallet, and would appreciate hearing your experience 👍
As I try to read & understand crypto, it’s workings, the exchanges, tokens etc. the less it makes sense, and to top it I hear companies failing one bigger than the other. The latest being FTX, how does this massive ‘$32B’ exchange have a liquidity crunch?! Where do they stash these funds away only t...Read more