#257 | How Investors Solve Concentration Risk With an In-Kind Exchange While Keeping Tax Deferral - Financial Literacy, Financial Advisors & Wealth

https://privatebank.jpmorgan.com/nam/en/insights/markets-and-investing/ideas-and-insights/the-agony-the-ecstasyAre you holding a stock that’s skyrocketed in value—but selling it would trigger a painful tax bill?Many investors find themselves stuck with large single-stock positions. The investment performed well, but now concentration risk is growing while capital gains taxes make diversification feel impossible. In this episode, we explore how investors and advisors are using a strategic in-kind exchange to diversify portfolios while maintaining tax deferral and protecting long-term financial plans.In this episode, you’ll learn:How concentration risk quietly builds in successful portfolios—and why it’s more common than you think.How an in-kind exchange allows investors to diversify a large stock position without immediately triggering taxes.The behavioral investing traps (like overconfidence and familiarity bias) that keep investors dangerously over-concentrated.Listen now to discover how smarter diversification strategies can reduce concentration risk while preserving tax efficiency. 🎧John De Goey's Books. Grab your copy from Amazon:Bullshift: How Optimism Bias Threatens Your FinancesSTANDUP to the Financial Services IndustryThe Professional Financial Advisor IV