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06-17-2023, 11:32 AM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,810
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Quote:
Originally Posted by retiredguy123
All of my stock investments are in indexed mutual funds. They do pay dividends and capital gains distributions, which are taxable income. Also, I take the income as cash and do not reinvest them back into the funds. That is one way to reduce your stock market exposure.
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That is pretty much what I am doing in addition to putting most of my continuing savings into cash rather than stocks. My securities portfolio is currently 65% stocks and 35% cash. I want to move it to 60-40 and eventually 50-50 if I live long enough.
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