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It seems today might be a good day to see how much the Dow impacts my IRAs vs the S&P or NASDAQ.
The Dow took off this morning - currently +1% increase for the day, while the S&P is flat and the NASDAQ is down 0.5%. I am pretty sure my IRAs are very light in tech stocks. In the past it seemed the S&P had more impact than the Dow, but today will be a good test.
I need a couple thousand from my IRAs to pay some bills, but I am holding off as long as possible (without having to pay interest) so that when I sell some shares from the IRAs (by asking for some $), it will be at a high point (buy low, sell high). And no, I won't pay much, if any, taxes - my taxable income and deductions are such that my taxes should be very low, if any, this year.
The Dow took off this morning - currently +1% increase for the day, while the S&P is flat and the NASDAQ is down 0.5%. I am pretty sure my IRAs are very light in tech stocks. In the past it seemed the S&P had more impact than the Dow, but today will be a good test.
I need a couple thousand from my IRAs to pay some bills, but I am holding off as long as possible (without having to pay interest) so that when I sell some shares from the IRAs (by asking for some $), it will be at a high point (buy low, sell high). And no, I won't pay much, if any, taxes - my taxable income and deductions are such that my taxes should be very low, if any, this year.