Personal Finance and Investing

bif

(25,872 posts) Wed Jul 2, 2025, 11:33 AM Jul 2

My broker thinks I should sell half of my Apple stock

My IRA portfolio is heavily weighted in Apple. I've owned it for 25 years or so and obviously have done quite well with it. I've been very patient over the years and I'm thinking maybe sell 1/3 of it at most. But my gut tells me to just ride it out. I know it's down from it's $260 high, but it's still a great company.

Thoughts?

7 replies

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Highlight:

My broker thinks I should sell half of my Apple stock (Original Post) bif Jul 2 OP

Since this is IRA you can. No capital gain tax. question everything Jul 2 #1

This message was self-deleted by its author Ocelot II Jul 2 #2

Why don't you sell covered calls on a designated portion? Frasier Balzov Jul 2 #3

I'm not sure that all brokerages allow covered calls on IRA accounts. Some do. 3Hotdogs Jul 2 #5

Kinda depends on what he'd have you move to nilram Jul 2 #4

These are the companies he's suggesting... bif Jul 2 #6

It wouldn't be a bad time to think about increasing moniss Jul 2 #7

question everything

(50,611 posts)

1. Since this is IRA you can. No capital gain tax.

Reply to bif (Original post)

Wed Jul 2, 2025, 11:36 AM

Jul 2

We are loaded with Apple in a taxable account so for the past few years we have been donated some to charity.

Response to bif (Original post)

Ocelot II This message was self-deleted by its author.

Frasier Balzov

(4,456 posts)

3. Why don't you sell covered calls on a designated portion?

Reply to bif (Original post)

Wed Jul 2, 2025, 11:47 AM

Jul 2

The worst thing that could happen is you earn option premiums and the stock gets called away at a price above where it's trading now.

If the stock doesn't get called away, keep doing it. More option income.

3Hotdogs

(14,341 posts)

5. I'm not sure that all brokerages allow covered calls on IRA accounts. Some do.

Reply to Frasier Balzov (Reply #3)

Wed Jul 2, 2025, 12:03 PM

Jul 2

But your suggestion is a good one.

nilram

(3,252 posts)

4. Kinda depends on what he'd have you move to

Reply to bif (Original post)

Wed Jul 2, 2025, 11:47 AM

Jul 2

and if it will do better. Easy to get overweight in it.

bif

(25,872 posts)

6. These are the companies he's suggesting...

Reply to nilram (Reply #4)

Wed Jul 2, 2025, 12:24 PM

Jul 2

PANW, PLTR, CLS & SMCI. Another friend who's a broker suggested TSM.

moniss

(7,677 posts)

7. It wouldn't be a bad time to think about increasing

Reply to bif (Original post)

Wed Jul 2, 2025, 12:25 PM

Jul 2

your cash position and being in a defensive posture but ready to take opportunities in higher yield money market type investment. Realistically my personal take is that the economy is primed for a fall and we are seeing the beginnings of it. I would be quite surprised if the market doesn't a major hit in the next 4 years.

Our national debt load due to massive tax breaks and refusal to obtain more revenue is not sustainable and when you combine that with the negative impacts of tariff induced price inflation along with major negative labor impacts due to an insane roundup and deportation of workers any idea this won't have major fallout is not rational.

On a very long term basis the illusions pedaled by the purveyors of bitcoin will come home to roost at some point. All in all it would be wise to know exactly what you want to move into now and not focus so much on just taking your gains on a certain percentage of your portfolio. Strategic thinking now about what to move into and how may help determine how much of a particular asset to sell or leverage.

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