So I have found myself in a situation where I am becoming more and more unwilling to take profit due to tax law and I am curious what the common view is here. YTD I have realized gains of just over $150k and I am leaving many positions open I would typically close simply because I don’t want to add to my tax burden. So in these situations, do you just tell yourself “hey, it’s the cost of business “ and take the profit anyways or do you find yourself letting your positions ride so you can defer tax? I don’t think holding until Jan 1 is a option. Just curious what your advice is.
Thanks,
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