My estimate is that you have about $75,000 in your taxable account that isn’t in treasuries or a money market fund.
Have you actually figured out what your gains on those positions are over 11 months? (Why you were put in three index funds that are S&P500 funds is beyond me, but you don’t need to sell those.)
Even if your gains are $15,000 — which is a high estimate — that’s federal taxes of about $2200 (if held to long-term) or about $3300 if sold today (well, it’s too late for that now). Either is a small price to pay to reconcile your portfolio.
You’ve got more than 65% in bonds now, including the treasuries in taxable. A treasury ladder is a good bond option. Or TIPS.
Have you actually figured out what your gains on those positions are over 11 months? (Why you were put in three index funds that are S&P500 funds is beyond me, but you don’t need to sell those.)
Even if your gains are $15,000 — which is a high estimate — that’s federal taxes of about $2200 (if held to long-term) or about $3300 if sold today (well, it’s too late for that now). Either is a small price to pay to reconcile your portfolio.
You’ve got more than 65% in bonds now, including the treasuries in taxable. A treasury ladder is a good bond option. Or TIPS.
Statistics: Posted by delamer — Fri Dec 29, 2023 4:46 pm — Replies 2 — Views 142