NW-Bound
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jul 3, 2008
- Messages
- 35,712
I have been spending more than the dividend I received, even though I get a bit more than the S&P (I am no indexer). On top of that, quite a bit of the dividend is in the tax-deferred accounts which I have not touched. That means I have been spending down my after-tax account. So, what to reinvest? I have been spending down principal big time there.
And about cap gains in after-tax accounts, I have been "washing" them to make use of the 0% tax on cap gains each year whenever I could. Not much cap gains left there.
Back on spending money in bad years, a bad year in the market is still a good year in life when I still have decent health. When the really bad years come later, all that money "won't a minute buy", to borrow from a song by the band Kansas.
And about cap gains in after-tax accounts, I have been "washing" them to make use of the 0% tax on cap gains each year whenever I could. Not much cap gains left there.
Back on spending money in bad years, a bad year in the market is still a good year in life when I still have decent health. When the really bad years come later, all that money "won't a minute buy", to borrow from a song by the band Kansas.
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