@clbradfish Not having to decide when/which individual shares to sell, mostly. Saves some hassle. Everything else is the same.
Tax rate: 15%, same as LT Capital Gains
Capital appreciation: stock falls at the same amount than the distributrd dividend, so cash-flow is neutral
@BrandonWealth If I wanted to engineer a dividend I could always sell some shares (exactly the same net effect, but I retain control over timing and can make it work better tax-wise)
@BrandonWealth I despise dividends. If you received $241.52, it means that the value of your portfolio decreased by $241.52 (because the stock price reflects the PV of future cashflows, and when you receive the dividends they are no longer "future"), so the net effect on your wealth is zero.
@BrandonWealth But you still have to pay taxes immediately on your dividends, which is undesirable because you have little control over timing and value. I'd rather have a portfolio that does not produce dividends and retain full control over cashflows.
@perezreverte Esa es mi trilogía dorada, leí los primeros 2 unas 25 veces. Estoy tratando de conseguir una ediciòn apropiada para mis hijos (no creo que puedan consumir la obra íntegra todavía)
@dougboneparth You save $3.20 every day. Put that money into a low-cost index fund that returns 25% daily. At the end of the week you'll have $4.5 million. Invest all that money into your own coffee franchise. Keep making your coffee at home.
@Hesamation I went through the same. Chatting with customer service was helpful. I still had a small recurring balance. I opened a chat with the AWS Q assistant and it helped me find where the billing came from.
@JustinWolfers The Watergate episodes from @TheRestHistory are stellar if she wants to learn more about it, especially from the perspective of Nixon's background and personality