http://ask.metafilter.com/tags/diversification Questions tagged with 'diversification' at Ask MetaFilter. Fri, 23 Mar 2007 12:38:46 -0800 Fri, 23 Mar 2007 12:38:46 -0800 en-us http://blogs.law.harvard.edu/tech/rss 60 http://ask.metafilter.com/59278/How%2Dto%2Dprotect%2Dmy%2Dnest%2Degg%2Dwithout%2Dlosing%2Dmy%2Dshirt Tax question: Is it better to diversify (and pay a lot of taxes) all at once, or to spread it out over a few years? When I was born, my grandparents gave me some AT&T stock. Fast-forward 35 years, and the stock has split, spun-off, re-consolidated, etc., and grown a whole lot. In fact, it now accounts for about half of my total net worth. I know that's not a good thing, and I need to put my eggs into many more baskets. Unfortunately, that will mean selling a big chunk of the AT&T, and paying a lot of taxes on it. My question is whether it would be better to do that all at once, and get the pain over with, or if there would be some benefit to doing it a little at a time over a few years. I'm sure that depends on many different details of my specific situation, but I was wondering whether there was any common wisdom or advice about this sort of thing. Thanks for any help! tag:ask.metafilter.com,2007:site.59278 Fri, 23 Mar 2007 12:38:46 -0800 diversification money taxes svenx