Ironic you mentioned that
I have been reinvesting capgains and dividends In IRAs for decades.
Just started to take all divs and capgains in cash and deposited in taxable account.
I am 68
Is it necessary for me
It is time .
Reinvesting An essential tenant in creating wealth. Compounding is magical. Max out the tax deferred,tax free upon withdrawal accounts. I reinvested for over 35 years Taxable and Retirement accounts. Taxes were not an issue in taxable account as the investment firm does the cost basis recordkeeping ...
Everyday I spend multiple hours reading on this forum. I thoroughly enjoy it, but then I wonder what is more important at the end of the day the fact that you put money away consistently or whether it was Roth or tax deferred. Which debt to tackle first vs just making strides to get something paid ...
The cost of having someone else do our taxes keeps going up. It was $350 this year. It seems like a good idea to do our own, especially so now that we are using the higher standard deduction rather than itemizing. Any suggestions for the best way to prepare our own taxes? My biggest fear is that I'...
I would look at a Honda Fit. Save some :moneybag :moneybag https://automobiles.honda.com/fit?experience=shop&ef_id=1:1:1&CID=SEARCH_HRM_GOOGLE_EVERGREEN_MY19FIT_SHOPPERS&gclsrc=aw.ds&ds_rl=1247265&ds_rl=1247265?gclid=Cj0KCQjw9JzoBRDjARIsAGcdIDUJ5viDOvTC8lkdOQSRuQ7qMchW7ZIakIC8OxcvC8swCmPQQIM821UaAiH...
I have been wearing glasses for decades,
My last pair,
Transistion lens(darken automatically)
Nikon lenses digitally cut,thin.The best they offer
Purchased another pair at the same time
20% off,384.00 WALMART
More than pleased.
Change spending behavior.
Stop using credit cards.
Use a budget,
Live beneath your means.
Make it tough on yourself.
Apply every hard earned penny and savings to eliminating the debt.
Knock It "Out".
20k car loan?
I buy "Schick Xtreme3 Disposables Razors Sensitive Vitamin E & Aloe, Green - Lot of 30 - Bulk Packaging - $23.95". That is 80¢ each. I shave in the shower. I rinse the razor thoroughly and hang it up. One razor = one month. https://www.cvs.com/bizcontent/merchandising/productimages/large/1254700120...
Posting for my brother and his new wife! Their goal is to reduce debt aggressively before purchasing a home and starting a family. Recently married with combined income in low 200k range. Student loans: 90k @ 5.8% Lake cabin: 175k @ 4.2% Cash savings 80k I advised to tackle highest interest debt fi...
Please help with perspective, we’re in a 3000 sq foot home and only bought a home this big, many years who, because we got a great deal...and because we had 3 kids and the home worked perfectly for us. We used every inch. The kids are now grown and we’re ready to move on. We’re now wondering how mu...