08-18-2013, 12:17 PM
Thanks for joining the forum, Ok Red -- glad to have you here!
For a while I've thought to myself that I would switch from automatic reinvestment to manual when I am averaging about $1000 per month in dividends. But then I realized that this would not be such a simple milestone since my DG portfolio is spread among various accounts (a Roth IRA, a rollover IRA, and a taxable account). As a result, even when I am averaging $1000 per month in dividends overall, it will be spread out in smaller chunks that I will not be able to invest together.
I've got a ways to go before that milestone -- I think I'm averaging about $625 in dividends per month now -- so I have plenty of time to think about how I'll do it when my portfolio is bigger. I will be happy to have that problem, at any rate!
For a while I've thought to myself that I would switch from automatic reinvestment to manual when I am averaging about $1000 per month in dividends. But then I realized that this would not be such a simple milestone since my DG portfolio is spread among various accounts (a Roth IRA, a rollover IRA, and a taxable account). As a result, even when I am averaging $1000 per month in dividends overall, it will be spread out in smaller chunks that I will not be able to invest together.
I've got a ways to go before that milestone -- I think I'm averaging about $625 in dividends per month now -- so I have plenty of time to think about how I'll do it when my portfolio is bigger. I will be happy to have that problem, at any rate!