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Lumifer comments on Stupid Questions (10/27/2014) - Less Wrong
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Another investing question: if I already have some stocks that were given to me as a gift, am I better off selling them and putting the funds in an index, or just holding them?
Additional info: I already have a well funded index fund and a retirement account, the stock value would be around 10% of their (combined) value. I've owned the stocks for 10+ years.
This is basically a tax issue. Selling the stocks would be a tax event so you need to calculate whether paying taxes now (instead of later) will be worth it.