Whatever your appetite for risk, concentration in a single name is a
bet most investors never actually meant to make — and unwinding
it well takes planning, especially around taxes.
Right-size the position. If this stock dropped 40% next quarter,
what would it do to your plans?
Diversify tax-smart. Selling a large stake in one year can stack
gains. How and when you sell matters as much as the decision to. Turn it into a plan. Connect the proceeds to what you and your
spouse actually want — growth, income, or both.
Holding can feel risky; selling may feel like a tax hit — so it's
tempting to do nothing, which keeps it all riding on one stock. You
don't have to make the call alone.