Do you always reinvest your dividend in your taxable account? I know this may be a silly question, but as your investment grows on the taxable side, does anyone use it to fund lifestyle? We have not taken a vacation since 2009, due to clearing debt and building up the war chest. Now that our financial position has steadied, I was thinking about turning off reinvesting dividends in the taxable account and using some of that to fund a modest vacation every year, and then reinvest the remainder, while still making contributions to the taxable account monthly like I normally do.
Is anyone doing anything like this or should I just set aside a modest amount of cash monthly for a vacation? Welcome any thoughts.