With the huge market gains over the last few years, I'd like to increase my cash position. I've already slowed monthly investments, but actually want to sell some of the stocks/funds I own. It would be a sense of security for me and would prefer to have cash rather than US stocks atm. Right now most of my investments are just in a Schwab brokerage account (and intelligent portfolio), and a Wealthfront Personal Investment account. I know they are taxed upon sale. Is anyone else selling and raise their cash position? What are the best ways to do it effectively, tax wise?
Any tips/suggestions/advice are appreciated. Thanks.