Good writeup. I'd add that many wealthy people never liquidate much at all, but borrow against their securities and then deduct the interest payments for tax pu

Good writeup. I'd add that many wealthy people never liquidate much at all, but borrow against their securities and then deduct the interest payments for tax purposes. it seems like a racket to me. https://smartasset.com/investing/buy-borrow-die-how-the-rich-avoid-taxes https://smartasset.com/investing/buy-borrow-die-how-the-rich...