A question regarding capital gains ........
In your example of the stock that made huge gains, and now you want to rebalance your portfolio. Let's assume that you've owned this stock a few years. You sell off some shares off and buy shares in a different stock. So you have fees for the buying and selling. But do you pay capital gains now on the money that you made, or do you not have any gains since you have reinvested those dollars?
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Bill
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1999 Camaro Z28 M6, some mods, 345K miles
1969 Camaro RS Convertible, 350/700R4, 3.73 posi rear, disc brakes
1992 Dodge Ram W-150 4WD, stock, 80K miles
2007 BMW 328xi, 110K miles
2002 Porsche 996, 6 speed, 50K miles
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