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Very long term investor, holding in my taxable account but buying (reinvesting) in the non-taxable account. The effect is cash (money market funds) is growing in the taxable account but the IRA has just enough cash for one year’s withdrawal (if needed) and it generates more than that currently.
I’ve moved heavily to ETFs over the past several years, but I still have some favorite individual stocks. IRA has high dividend covered-call ETFs, taxable account has high growth ETFs.
I rarely sell as the portfolio can generate enough cash. I’m retired as well so SS covers most expenses while the portfolio grows, which is the plan so if SS diminishes down the road the portfolio can carry the full weight of our spending.
Portfolio is geared for 30 years remaining life expectancy although I hope it is significantly shorter!
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