A Strategy to Protect Gains, Defer Taxes, Participate In Market Upside and Collect Dividends

We’re almost nine years into this bull market. This means many of us own investments with significant unrealized gains, and we’d like to protect those profits.

One way to protect our profits is to sell the investment. Simple enough. But selling forces us to realize and pay taxes on all those gains. Besides, maybe we still like the stock for a variety of reasons and want to continue owning it. So selling may not be a great solution, but there is a strategy that can accomplish all our goals. Continue reading “A Strategy to Protect Gains, Defer Taxes, Participate In Market Upside and Collect Dividends”