At what point do you set your fund accounts in taxable to reinvest vs. distribute to settlement or bank account?
Retirement?
throughout investing?
What about capital gains? Do you always set that to reinvest in taxable?
Currently I've got my dividends to distribute to settlement fund. If I don't use it, I pay tax and reinvest the rest.
I only pay tax on stock funds when I sell stock on spec ID and pay long term tax and when the bond fund pays interest.
Am I doing this right?
Retirement?
throughout investing?
What about capital gains? Do you always set that to reinvest in taxable?
Currently I've got my dividends to distribute to settlement fund. If I don't use it, I pay tax and reinvest the rest.
I only pay tax on stock funds when I sell stock on spec ID and pay long term tax and when the bond fund pays interest.
Am I doing this right?