04-13-2015, 10:26 AM
(04-13-2015, 10:13 AM)Lewys120 Wrote: What I'm going to do is to take the dividends as cash and invest elsewhere, anyone else do this with some stocks?
Yes! We're waaaaaaay closer to retirement so it's time to slowly adjust. I used to DRIP everything but right now I'm taking the dividends from the biggest holdings to expand our utility & REIT holdings to boost the income stream. Once I get them a little more in line with my portfolio plan, I'll go back to reinvesting everything again.
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“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan
“While the dividend itself is merely a rearrangement of equity, over time it's more like owning an apple tree. The tree grows the apples back again and again and again, and the theoretical value of the tree doesn't change just because of when the apples are about to fall.” - earthtodan