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I have around 400+k of MSFT stocks vested and am exploring my options to minimize tax implications and diversify investments. Please suggest what worked for people and possible timeline, I am think of taking some hit this year end and some hit early next year. Yoe 10+ (6 in us rest in India) TC 350 L 65 Edit: House equity:400+k 401k: 210k MSFT:400+k India: 100-120k Cash as of now: 100k (Planning to invest nonmsft end of the year with hope of market drop) #personalfinance #investments
If you have decided to sell at the current price, better do covered calls every month at its current market price. You can collect good premiums. You are hedging against a crash as well as making profits. Use the premiums to buy something else
The premium won't even cover 25% of actual loss if MSFT starts dropping. The weekly IV is around 30-50. Nothing major is expected
What’s your NW? If 400K is under 25% of that I’d suggest keeping all in MSFT.
OP, you have 400K invested in arguably the best company in the world. I’d take that as a great investment.
Agreed. Amazon just gave us another billion. I have a lot of MSFT as well but am waiting until I’m in a much lower tax bracket to diversify. Also, the dividend is great.
Update post, my loss so far is only around 10k last year.
There is no need to diversify
Will selling them incur LT or ST gains?
80% long term
Ok, sell some from LT and look into offsetting with any LT losses from other stocks.