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Knipfty t1_iuflkwa wrote

Can you stop contributing to your investments and pile up cash? The you won't have to sell or sell as much.

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hunybunnn t1_iufltvs wrote

Yes, that is an option, but I'm thinking it would bump up my taxes.

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hunybunnn t1_iuflxwa wrote

The way it was explained to me, I won't have to sell. They would just lend me my own money, and I would pay it back (with interest that would also go back to me.) I'm wondering if that is wiser than selling when everything is so low right now.

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Knipfty t1_iufmx1q wrote

By how much? I would find a way not to sell or borrow money. If you borrow against yourself and the market goes down, you could faced with a margin call.

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hunybunnn t1_iufnuur wrote

So, I'm thinking I'll just pull out the $30K, which wouldn't trigger a tax event, since the value has dropped so low, and just continue my bi-monthly contributions...

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