Do you compare your stock portfolio with S&p or other indexes over the years .
I realized that most portfolios performed poorly because the s&p is going 14% annually now. Asking because - the capital gains tax and state income tax have hindered me to sell / balanced portfolios with stocks. And most of the stocks stopped growing after a few years.
I don't have a good way to estimate if I sell and pay tax (30% tax drag) , vs. keeping them .. how much growth potential I lost. I just know that at some point (not sure how to \*calculate\* this), the growth of just investing in S&P will be much higher - even after we pay the 30% tax
Are there good tips, easy way to estimate the difference? I might also confuse myself --there might be a simpler way to think through this?
Thanks.