nun
Thinks s/he gets paid by the post
- Joined
- Feb 17, 2006
- Messages
- 4,872
I have a MM and Total Stock Market and Total International Stock Market index equity funds. Does it need to be any more complicated?
By order of magnitude, i.e. highest to lowest...in taxable accounts
VWALX - High Yield TE muni
VWINX - Wellesley
VTSAX - Total Stock Mkt index
VHDYX - High Dividend Yield index
VEUSX - European index
VWITX - Intermediate TE muni
VMLTX - Limited TE muni
DODIX - Taxable Bond income, very small stake
In my Roth...
VGENX - Energy
VBIAX - Balanced index
Complicated? Nah...
Well diversified? Yeah...
Wellesley is for non-muni bond diversification plus some more equity exposure. I had no choice but to put it in a taxable account because I bought it post-FIRE. I am single with no earned income, so no more Roth contributions are allowed.Pssst....what's the rationale for Wellesley? with all it's bonds. I'm still working so income generators aren't a high priority and I have my bond allocation in tax deferred accounts. My tax deferred accounts are twice as much as my after tax accounts and with a 50/50 AA is there any need to have more than a US total stock index, an International stock index and a MM in after tax..... pre or post ER
I have a MM and Total Stock Market and Total International Stock Market index equity funds. Does it need to be any more complicated?
I used to own some Janus funds in my early days of investing (1997-99 time frame). When I learned that I really didn't need to pay front end loads and high expenses, I liquidated them to some VG funds.DTE individual stock
Janus Worldwide
Janus Research
Janus Income
Fidelity High income bond
I want to take all of this at put about $250k in GNMA at Vanguard and the other in CD ladder for 4 years started two years out. Would that be a really bad idea or just sorta?
^ Any tax savings you think you are getting from those tax-managed funds is flying out the door with those REITs and taxable bonds. Many folks would recommend you put those taxable bonds and REITs in a tax-advantaged account if there is room. That is move bonds into tax-advantaged and ome equities in tax-advantaged move into taxable to make room for the fixed income funds. That should not change your asset allocation and your tolerance for risk would be unaffected.
Some folks already have their tax-advantaged filled with bonds and so need to put bonds in taxable.
When I moved my bonds into tax-advantaged a few years ago, I reduced my taxes by tens of thousands of dollars. Not thousands of dollars, but tens of thousands of dollars.
I used to own some Janus funds in my early days of investing (1997-99 time frame). When I learned that I really didn't need to pay front end loads and high expenses, I liquidated them.......
Wellesley is for non-muni bond diversification plus some more equity exposure. I had no choice but to put it in a taxable account because I bought it post-FIRE. I am single with no earned income, so no more Roth contributions are allowed.
Razza frazza..
I have a MM and Total Stock Market and Total International Stock Market index equity funds. Does it need to be any more complicated?
No. In fact, I think your taxable portfolio is too complex. Mine is only Total Stock and Total International.
Actually, instead of MM I have a Discover Bank savings account yielding 1.2% or so.
I want to take all of this at put about $250k in GNMA at Vanguard and the other in CD ladder for 4 years started two years out. Would that be a really bad idea or just sorta?
I have a MM and Total Stock Market and Total International Stock Market index equity funds. Does it need to be any more complicated?
No. In fact, I think your taxable portfolio is too complex. Mine is only Total Stock and Total International. Actually, instead of MM I have a Discover Bank savings account yielding 1.2% or so.
That's exactly what I have.I have a MM and Total Stock Market and Total International Stock Market index equity funds. Does it need to be any more complicated?
Some Janus funds had loads, some did not back in the late 90s. I was so inexperienced I didn't understand the [-]silliness[/-] effect of paying a front load. A beginner's mistake...I didn't think that Janus funds were load funds. I own some JABAX and it's no-load. Where did you own the Janus funds where you paid a load?
I like the diversification of national muni fund vs a single state muni fund.Three's a crowd. I try to keep my after-tax portfolio simple too. I have Total Stock Market + Total International + Limited Term Tax Exempt Muni. The rest of my funds (small cap, corporate bond, TIPs, etc) are in tax-deferred portfolio.
Although I'll admit I am now intrigued by freebird's High Yield Tax Exempt Muni. Time to go do some research . . . .
--Linney