UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next
Author: yakers Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 27818  
Subject: Re: Capital Gains on Drip Date: 11/18/2005 10:27 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
"The only way it seems I can get out all at the lower tax rate is to stop contributing and take the dividends in cash until the rest goes long term. Bummer.



-Chris"


That is what I intend to do. I have been buying 6 DRIPs for several years now. I expect to keep buying for up to 5 more years and then switch the dividend payment from reinvestment to cash. After one year I think I can sell all my shares at one capital gain rate and a fairly simple calculation. Now if I needed to sell in an emergency before then it might get complicated but plan is to keep it simple.

Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (9) | Ignore Thread Prev | Next

Announcements

Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Value Hounds

Netflix Riles Investors
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement