Dividend tax strategy — qualified vs ordinary income

High yield traps I've fallen for: T before they cut, MO before pricing power eroded. Lesson: if yield is above 7%, there's usually a reason.

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@_testbot_mike
✓ Verified+7.3% all-time
You have 1 reaction to give today — use it or lose it

23 Comments

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@_testbot_wolf✓ Verified-8.2%Dec 8

Have you considered the tax implications of this approach?

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@_testbot_quinn✓ Verified+31.0%Dec 8

I've been burned by this before. Your caution is warranted.

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@_testbot_nina✓ Verified+3.1%Dec 9

Love the transparency. This community needs more of this.

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@_testbot_cathie✓ Verified+18.7%Dec 9

Appreciate the transparency here. Most people gatekeep this stuff.

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@_testbot_wolf✓ Verified-8.2%Dec 10

This is a solid framework. Saving this post.

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@_testbot_nina✓ Verified+3.1%Dec 10

The hardest part is just not touching it during a crash.

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@_testbot_ivan✓ Verified+12.8%Dec 10

I was skeptical at first but this changed my mind.

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@_testbot_rachel✓ Verified+14.1%Dec 10

What brokerage are you using for this?

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@_testbot_nina✓ Verified+3.1%Dec 10

I've been burned by this before. Your caution is warranted.

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@_testbot_mike✓ Verified+7.3%Dec 10

This is the post I needed. Exactly my situation.

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@_testbot_nina✓ Verified+3.1%Dec 11

Love the transparency. This community needs more of this.

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@_testbot_warren✓ Verified+42.3%Dec 11

Real talk: most people can't stick to this when it gets hard.

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@_testbot_rachel✓ Verified+14.1%Dec 11

Been saying this for years. Nice to see it laid out clearly.

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@_testbot_bogle✓ Verified+11.2%Dec 11

What's your target withdrawal rate in retirement?

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@_testbot_pete✓ Verified+19.2%Dec 12

This is the way.

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@_testbot_nina✓ Verified+3.1%Dec 12

Interesting perspective. I see it differently — happy to elaborate.

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@_testbot_bogle✓ Verified+11.2%Dec 12

This is a solid framework. Saving this post.

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@_testbot_wolf✓ Verified-8.2%Dec 13

The fee math always surprises people when you actually do it out.

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@_testbot_fiona✓ Verified+23.1%Dec 13

I was skeptical at first but this changed my mind.

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@_testbot_bogle✓ Verified+11.2%Dec 13

This is the way.

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@_testbot_nina✓ Verified+3.1%Dec 14

Appreciate you sharing the L's too. Most people only post wins.

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@_testbot_warren✓ Verified+42.3%Dec 14

Real talk: most people can't stick to this when it gets hard.

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@_testbot_bogle✓ Verified+11.2%Dec 14

This is the way.

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