Tax consequences of funds

[DblDoc]

Quote:

Originally Posted by LOL! Are you sure about that? Help me understand if this is true by pointing to a link or something, thanks!

I don't think I can because I was wrong . There is nothing to prevent you from TLH as best I can tell on researching it. I think I confused the foreign tax credit benefit which is not available in a fund of funds.

SS

[LOL!]

Thanks for the update.

[freebird5825]

I am following this thread very closely, as this is still somewhat of a grey area for me. TY to the OP for starting it and to all for your inputs.

[charlie]

The following is not a popular approach on this forum, but I use Managed
Payout Growth and Income in my taxable account. It pays out 5% of the
last three years average NAV spread out over 12 months. This is the most
diversified balanced fund available at Vanguard. The equity portion is 30%
international vs. 20% max in other Vanguard funds. I am 75 and will eventually
start using the payout for expenses but I am currently reinvesting the payout as
a large part is return of capital. This fund automatically does the rebalancing
for you, which is a good feature for an old f**t in the draw down phase of his
life.

Cheers,

charlie