Should I Reinvest Dividends and Capital Gains?
episode
DIY Money | Personal Finance, Budgeting, Debt, Savings, Investing
13 min
4 speakers
3 chapters
transcribed 1 month ago
Transcript
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Transcript generated automatically by AI and may contain errors.
What common account setting are we overlooking with dividends and capital gains?
Hey, this is Allie, and thanks for listening to the show. Give us a five-star review where you listen and share this episode with someone who might need to hear it. Now, enjoy the show. Welcome back, ladies and gentlemen. You're listening to another edition of DIY Money. DIY Money.
How are you doing, big dog? Oh, I'm doing, I'm doing. I mean, we are now officially into home ownership season where we now have to do landscaping. Yeah. I never knew how much money you had to pay just to make your yard green. Yeah. Like, it's grass.
Why is grass so hard? Yeah, because you have weeds and dandelions will grow.
Oh, dandelions have been my, that's been my arch enemy.
Oh, yeah. You have to, I mean, at the end of the day, you can be the guy who's like, miracle grow and blah, blah, blah, and go get your nonsense. Or you can just be like, you know what? I pay a service. And they come out and they spray. And here's the deal. If someone in your neck of the woods does a service and you are like out there doing it yourself, they're going to have this beautiful green grass and, and all the things. And then you're going to be like miserable. I hate my life. Yeah, exactly.
Well, so I did all this work. I did the Scots grow. I did the, the dandelion, the dandelion, whatever nonsense. I did all that. I've been raking the yard, spreading seed, all this stuff. Walk out yesterday after like not looking at the yard for two days, mushrooms. Now I have mushrooms.
Far out.
I'm like, what is happening? I don't even understand where this stuff is coming from. I'm like, the Scots didn't take care of the mushrooms?
No. Listen, you got to call a guy.
I mean, my yard is like the size of the room we're in.
It won't be expensive. It's like 200 square foot. It won't be expensive. But I mean, this is the thing. This is why it is so interesting to me when someone... What is happening with Allie right now? We don't know. What is she doing? Allie's adjusting the microphones. I wish we had a camera in the back, like to show the back of the house. Production camera. Production camera, because I don't know what is happening right now. She is fixated on this one camera. I mean, if you've not been on our YouTube, you should check it out. But anyways.
Quite entertaining.
All right, well, whatever. We're going to fix it. I don't know what that means. But so when someone's like, we're going to buy a house, and then they say, this is our mortgage payment.
How does homeownership chatter lead into the reinvest-or-not question?
And all that I – you know that picture of Beautiful Mind, like the movie and the meme when all the equations are on top and so forth? I feel like I'm thinking about – Taxes, insurance, maintenance, lawn care, blah, blah, blah. I mean, constant. It's basically like DJ Khaled. It's like another one.
Another one. Another one.
Another one. Wait, another one. Another one. So now you have mushrooms. Yeah, of course. And you're going to figure that out.
Yeah. I'm going to figure out how to get the mushrooms gone because the dandelions are now, they're gone, but they were replaced with the mushrooms and the moles will come and then. Oh, moles.
Yeah. Which means, you know what you do? You don't get rid of the moles.
You get rid of the earthworms or whatever.
The grubs. Yeah. The grubs. I remember, so our first year of a service, okay, I had this beautiful lush green yard, whatever, front and back. And, I mean, it was like freaking Caddyshack. I had gophers and moles and, I mean, I had divots like you wouldn't believe. And I called the guy. I said, hey, I said, the lawn is beautiful. It's amazing. But, unfortunately, I have every rodent digging tunnels in my backyard. He goes, oh, yeah, well, you didn't get the grub control. What? I'm like, what is that? He's like, oh, that's the premium package. I'm like, okay, how about now? He's like, no, it's too warm now. You just got to deal with it. I'm like, come on.
Who is the gopher's ally? His friend. The harmless squirrel and the friendly rabbit. I'm going to use you two guys. To do my dirty work for me.
Another one.
Another one. So the next year, grub control. And next year, it'll be something else.
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