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Old 02-15-2023, 02:30 PM
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Originally Posted by retiredguy123 View Post
Most of my investments are in mutual funds, but I have all dividends and capital gains distributions transferred into my money market account. No automatic reinvestment. Yes, the investment company, Vanguard, does track my cost basis either way, but I like to maintain control of when I buy additional shares. I can reinvest whenever I want to.
Controlling what you reinvest in also helps with rebalancing.