07-07-2022, 07:00 AM
(07-07-2022, 06:34 AM)fenders53 Wrote: What's your other idea? Sorry but not a chance I would advise selling either down here. I own GOOGL and intend to own AAPL again if it dips much lower.
What do you mean other idea - not do conversions? Let the roofs on buildings fall in?
Edit: Maybe I should have repeated the purpose of this account:
Taxable Account: Provide me with sustainable, growing, dividend income. I will use this account to completely fund my retirement. Based on my pre-retirement budgeting I should be able to cover about 80% of my expenses from dividend income. The other 20% will come from a combination of saved cash and periodic sales; at this time those sales will be AAPL and GOOGL shares. I won't be completely passive here but other than these sales expect to do little trading here. I'm reasonably happy with what I own though I'm sure that as I pursue my quest to become the longest-lived Human Being in the history of the planet that some companies will run into problems. Total return/value is not a primary goal of this account but it's always nice to have.