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Financial Planning / Tax Strategies


Subject:  Re: Dividend Investing in non Retirement Account Date:  11/26/2013  11:49 AM
Author:  JLC Number:  119588 of 127642

Just to further emphasize that other poster's idea…

IF you have an emergency fund (which I'd suggest building up before starting non-retirement account investing), why not just dip into it for any extra taxes due because of the dividends.

If you sell from that portfolio to cover taxes, you could possibly be creating more taxes due because of capital gains.

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