Stocks & InvestmentsDec 6, 2023
NutanixzUWs07
Right time to sell NASDAQ gains
I invested in NASDAQ index ETFs (around 60k) USD last year in December. Now I am sitting on gain of 35-40 percent. When should I sell it and which asset class I should invest in? I do not have any immediate need of cash TC: 100k USD (In India)
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I think you will get taxed heavily for it. Same as your income rate. If you hold for 2 years then you will get long term capital gains rate.. I think that is 20% for foreign shares..(assuming you are filing in india) Unless you need the money for something.. just hold it