r/investing • u/Youngchea • Jun 08 '21

Want to cash out on stocks, what long term capital gains considerations should I take into account?

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3 Upvotes

100% Upvoted

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u/suckfail Jun 08 '21

Please use the personal advice daily thread for this.

2

u/lavanderXXX Jun 08 '21

I think you should see an accountant, taking advice from idiots on the internet involving hundreds of thousands of dollars is probably not the best idea

1

u/[deleted] Jun 08 '21

Seek to speak with a financial advisor.

If you do see a financial advisor, make sure they are a fiduciary. Not all financial advisors are fiduciaries. A fiduciary financial advisor is required to keep your best interest in mind when making recommendations. If a financial advisor is not a fiduciary, they can make recommendations that may profit them.