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Moving from Growth to Income
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Bostonerimus, just a quick question on this...bostonerimus wrote: »3) Deposited quarterly dividends into a cash like account.
Does that mean you swapped to the income form of your simple funds? Or have you always used the income form rather than the accumulation form?
Thanks.If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.0 -
Bravepants wrote: »Bostonerimus, just a quick question on this...
Does that mean you swapped to the income form of your simple funds? Or have you always used the income form rather than the accumulation form?
Thanks.
In the US there aren't income vs accumulation variants of the same fund. To distribute rather than reinvest dividends I just chose that option on the platform's website. So it's just one click and the next month my dividends were directed to a sweep money market account.“So we beat on, boats against the current, borne back ceaselessly into the past.”0
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