I need cash to pay for home renovations. I have a wide array of stocks and funds in my portfolio. Almost all of it I have held longer than a year. Some of these assets have been hit hard by the US market conditions and have dropped 5-10% from their high in February. Others have been unaffected and are showing YTD growth.
Typically, when you need to raise some cash by selling assets. How should you best prioritize? The sales that will create the lowest tax burden? The high performers at a gain? Lowest performers at a loss? A mixture of asset types to maintain your portfolio diversity?