Hi Gang, I just had an odd thought. For IRAs and other deferred taxation accounts where you are into the required distribution phase (RMD), like I am, it might be a good idea to have a volatile position or two such that your end of the year value is "down" so the RMD is a bit lower to avoid taxation on the distribution for the subsequent year as part of your personal tax.
Not sure how to actually accomplish this other than tax loss selling, which is not necessarily a good idea. Perhaps looking for positions that go ex-dividend about the middle of December as, typically, positions lose value right after ex-dividend day. Maybe a 2x or 3x ETF? Anybody got other ideas?
Thanks,
Allen
