At 53 with a $9.25 million net worth, I’m eyeing three ways to handle my concentrated stock – which strategy avoids the biggest tax bite?

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At 53 with a $9.25 million net worth, I’m eyeing three ways to handle my concentrated stock – which strategy avoids the biggest tax bite?

247wallst.com/personal-finance/2025/07/06/at-53-with-a-9-25-million-net-worth-im-eyeing-three-ways-to-handle-my-concentrated-stock-which-strategy-avoids-the-biggest-tax-bite

A Redditor is currently sitting on a massive $9.25 million net worth, but there is one small catch. This individual has one stock that has logged a $3.7 million long-term capital gain.
That’s an impressive gain, but it also means that the Redditor’s portfolio is heavily concentrated into…

This story appeared on 247wallst.com, 2025-07-07 01:22:32.