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No, this isn't one of the numerous questions about how and when to take profits in individual stocks. It's about when to take money out of my brokerage account.

I have now 32K in my account, and most months I'm making some money (I have records for exact gains and losses back 6 months). I still have 18K in 0% credit cards. Yes, a boring strategy would be just to take enough out to pay that all off.

My goal is to reach 50K and then start taking profits to pay it down. That's a way off though. Should I be taking money out each month (assuming I have a profit), and what proportion? I can't find any discussion about this anywhere. Perhaps the 4% rule applies here.

Thanks.



Submitted September 01, 2017 at 10:58PM by mrchocky http://ift.tt/2ewyIm6

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