When is it worth changing investments?

by | Dec 18, 2023


How do you know if it’s worth changing Investments? Where you hold unrealized capital gains, meaning Investments that you made that are currently up in value, and if you sold them would cause tax consequences, the first thing to do is to upload those Investments to a program that will let you do a performance review. So compare those investments over the time that you’ve held them, to the overall market, or the overall indices, that are the closest to what you hold. If you’ve lagged those indices, if you’ve lagged the market, if you’ve underperformed compared to the overall market, it could be time to consider making some changes. The next thing to do is to make those changes strategically to minimize tax consequences as much as possible.

Investment & Money Hacks from 20+ years as a financial advisor in New York. Continue educating yourself on your investment journey.

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