explanade
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 10, 2008
- Messages
- 7,439
Still in accumulation phase, most of the holdings are in VG -- Wellsley, Total Stock Market Index, etc.
Doing my taxes, I see dividend income has grown, about doubled since last year.
I didn't sell anything, other than maybe exchanging into Admiral funds or having to move from Roth to traditional IRA because of income.
So it's great to get all the dividend income but paying a lot of taxes for these unrealized gains.
Of course if the market goes south, than the value of the shares purchased with these dividends (I am reinvesting dividends on all funds), then I will have paid taxes for losses.
Of course there are tax-exempt instruments, but with the discussion in the other thread about 100% equity AA for some retired or near-retirement folks, they have to be paying a lot of dividend taxes, right?
Doing my taxes, I see dividend income has grown, about doubled since last year.
I didn't sell anything, other than maybe exchanging into Admiral funds or having to move from Roth to traditional IRA because of income.
So it's great to get all the dividend income but paying a lot of taxes for these unrealized gains.
Of course if the market goes south, than the value of the shares purchased with these dividends (I am reinvesting dividends on all funds), then I will have paid taxes for losses.
Of course there are tax-exempt instruments, but with the discussion in the other thread about 100% equity AA for some retired or near-retirement folks, they have to be paying a lot of dividend taxes, right?