$NVIDIA Corp(NVDA)$ Long term holders with massive profits in the 10x to 100x should not even think of selling. Their cost basis is low. They can give the shares to their kids on low cost basis and not be subject to estate taxes which are going to be 45% on top of the 20%+ income taxes. Tge kids or trust can sell the shares next day and with step up cost basis, do not pay any taxes. Move to Monaco. Even if Nvda looses 50% in a correction, the long ter holder will be ahead by not selling.
Nvda is a platform and has a sustainable competitive advantage that is likely to last for decades.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments