I’ve owned some XLK ETF since 2008. It’s up 1500% on a cost basis so I can’t complain. That said, it’s missed out on a lot of NVDA.
With the rebalancing coming up, it’s going to have to sell a ton of Apple creating a tax event. If there’s a tax hit from them selling Apple, does it change my basis? How do you not get double hit on taxes?
I’m also wondering how I feel putting a huge chunk in NVDA at a $3 trillion market cap.
Even with a huge capital gain, I’m wondering if it’s just time to sell.
With the rebalancing coming up, it’s going to have to sell a ton of Apple creating a tax event. If there’s a tax hit from them selling Apple, does it change my basis? How do you not get double hit on taxes?
I’m also wondering how I feel putting a huge chunk in NVDA at a $3 trillion market cap.
Even with a huge capital gain, I’m wondering if it’s just time to sell.