Once one reaches a certain age, one must scoop out of one's IRA a certain actuarially-determined percentage of the IRA each year. Fortunately, one has the ability to choose on what day of each year to perform that painful exercise.
What I do each year is transfer the equivalent fraction of TSLA shares from the IRA to my taxable account. I performed that action on Friday; as per the rules, it occurs at the day's closing price so my taxable account now has a nice new chunk of TSLA at $943.90. Better to have the lower cost basis stocks in the account and paying the associated income tax (this is when the tax-free status of the IRA goes away), than otherwise.
As long, of course, as the LT cap gains tax remains at a lower rate than income tax. It's a U.S.A. thing, for all you non-Americans.
The guessing game is when to choose to perform that distribution. Was Friday at or close to the year's low? We shall see.....
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