I hope there are some great legal minds here that can help me with a tax question:
I bought GOOGL at 100 and went pretty hard in. It has now grown to be almost 40% of my portfolio.
I want to de-risk as i am not overly confident GOOGL will grow more than 15% annually from these levels.
My problem is that my tax on gains will be 38% as i live in Norway. So my options are as follows:
1. Just hold it forever. And keep the risk
2. Give away almost half of my gains to the tax authority
3. Reduce my position and still give away half of my gains to the tax authority
Is there anything else i can do? Any other options? My broker is IBKR if that is of any help.
Edit: Thanks for all the replies guys. I did not expect to get so many honestly. Honestly i appreciate the input and if anyone cares I will keep the shares. Google is a compounder and a spawner. They have a great history of allocating capital (youtube, maps, doubleclick, etc) and im sure they will outperform me