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.
|
In my opinion, very good advice to stop re-investing dividends. We stopped not too long ago but should have stopped sooner. A good way to be tax efficient.