Around 10 months ago, I bought Exxon, Apple, and Wells Fargo in a taxable account. I didn't really consider the tax consequences of holding dividend-paying stocks at the time, but now realize these stocks are better suited for an IRA. I only have $500 worth of investments in this taxable account at the moment, as the vast majority of my money is invested in my Roth IRA in ETFs and my 401k in mutual funds. Part of me is considering selling out of these stocks before the 1-year mark and just dealing with short term capital gains, rather than having to keep looking at these stocks.
Submitted January 04, 2017 at 12:04PM by beq451991 http://ift.tt/2iE5CyN
