05-05-2014, 11:40 AM
I do. Up until the last few months, I've been an index investor and I am starting up the dividend investing approach a little at a time. So far, I've felt comfortable making changes in my taxable accounts, but I don't yet feel comfortable making changes in the Roth and Traditional IRAs.
Index investing was so easy so switch to because it's very much set-and-forget (besides rebalancing, of course). However, I've been feeling very bored with it because I like have some more hands-on experience, but my stock-picking skills have seriously lacked in the past because of impatience and spontaneity. I guess you can say that I've had some PTSD from previous failures that has me nervous to go all-out individual stocks, especially in accounts with limited yearly deposits.
I'm sure that once I get more comfortable with this paradigm shift I'll start being more tax-focused, but for now it's not a big issue because ARCP will only give off about $120/year.
Index investing was so easy so switch to because it's very much set-and-forget (besides rebalancing, of course). However, I've been feeling very bored with it because I like have some more hands-on experience, but my stock-picking skills have seriously lacked in the past because of impatience and spontaneity. I guess you can say that I've had some PTSD from previous failures that has me nervous to go all-out individual stocks, especially in accounts with limited yearly deposits.
I'm sure that once I get more comfortable with this paradigm shift I'll start being more tax-focused, but for now it's not a big issue because ARCP will only give off about $120/year.