Most people sell assets when they need liquidity. The wealthy borrow against them instead. On a $2M draw, selling a low-basis position could trigger ~$600k in taxes. Borrowing against it? Potentially $0 taxable event. This is why portfolio-backed lending matters. 👇 galactic.inc/#/blog/tax-effi…

Need $5M in liquidity but don't want to sell your appreciated stocks? Portfolio lines of credit (SBLOCs) let you borrow against your portfolio instead. Here's everything you need to know about securities-backed lending: galactic.inc/#/blog/what-is-…