chinaco
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 14, 2007
- Messages
- 5,072
I would not call it a silver lining in the storm clouds... but it might be as good as it gets.
From time to time, I look at my portfolio and wish I had structured it differently (Taxable Account). But I was reluctant to do radical changes because of the cap gains I would incur. Now that my cap gains equal my losses... I can do so.
I am not making any moves yet... but it seems like it might be a good time.
For example: If you have been slicing and dicing and were holding a mix of mutual funds but would prefer a target retirement fund... now is probably your time to move the money around and position yourself for the future.
Or... if you think you are nearing Early Retirement and have a taxable account and a tax deferred account. Need more fixed in the taxable account so you have a stable income and the 72(t) from tax deferred is not enough, you might be able to shift the tax deferred assets to stocks and move the taxable to bonds and cash so you can have penalty free money. Yes there are trade-offs on cap gains vs income tax. But for some it might workout better in balancing out risk of having to sell stock in a down market.
Anyone have any thoughts or ideas to share?
From time to time, I look at my portfolio and wish I had structured it differently (Taxable Account). But I was reluctant to do radical changes because of the cap gains I would incur. Now that my cap gains equal my losses... I can do so.
I am not making any moves yet... but it seems like it might be a good time.
For example: If you have been slicing and dicing and were holding a mix of mutual funds but would prefer a target retirement fund... now is probably your time to move the money around and position yourself for the future.
Or... if you think you are nearing Early Retirement and have a taxable account and a tax deferred account. Need more fixed in the taxable account so you have a stable income and the 72(t) from tax deferred is not enough, you might be able to shift the tax deferred assets to stocks and move the taxable to bonds and cash so you can have penalty free money. Yes there are trade-offs on cap gains vs income tax. But for some it might workout better in balancing out risk of having to sell stock in a down market.
Anyone have any thoughts or ideas to share?