BeanCounter62
Dryer sheet aficionado
- Joined
- Apr 29, 2016
- Messages
- 42
Most of my taxable investments are in Wellington - VWENX.
Took falling off the ACA cliff a few years ago to start questioning the Capital Gains distributions. I no longer expect any subsidies. I also stopped the automatic reinvesting after that.
I thought the CG and dividends payouts each year were a good thing as an income stream. Even if I had to pay taxes on the income, it's still extra $$$ - in addition to the shares I own.
But there is so much talk about NOT wanting CG distributions. Isn't it just another income stream like dividends?
Who can explain to me why shares like a combo of Vanguard Total Stock / Total Bond without the CG payouts are considered more advantageous than Wellington?
Other details:
I am 57 - file Head of Household (with a 16 year old at home)
Income from Rentals and Investment Income cover my annual expenses .
$1M tIRAs will only add to that income <debating ROTH conversions >
Took falling off the ACA cliff a few years ago to start questioning the Capital Gains distributions. I no longer expect any subsidies. I also stopped the automatic reinvesting after that.
I thought the CG and dividends payouts each year were a good thing as an income stream. Even if I had to pay taxes on the income, it's still extra $$$ - in addition to the shares I own.
But there is so much talk about NOT wanting CG distributions. Isn't it just another income stream like dividends?
Who can explain to me why shares like a combo of Vanguard Total Stock / Total Bond without the CG payouts are considered more advantageous than Wellington?
Other details:
I am 57 - file Head of Household (with a 16 year old at home)
Income from Rentals and Investment Income cover my annual expenses .
$1M tIRAs will only add to that income <debating ROTH conversions >
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