Originally Posted by Lawrence of Suburbia
Thank you for your extensive response.
Am I correct in understanding that reinvesting cap gains allowed the two funds to grow, even with all income dividends taken?
Taxable accounts have increased all six years as previously stated, but had to correct my first reply to your question after looking back - just 2012 to 2014 VG year end statements used (years with taxable accounts holding "only" Wel/Wels funds). Those years show increases with all quarterly dividends and the largest one year declared capital gains taken (that year was still aro. +3%). I haven't added any funds to taxable accounts since retiring, but did some adjusting (transferring between Wel/Wels to get the stock bond ratio where I wanted it and had a small taxable account (money market) holding transferred into both funds. I also went back and looked at our tax filings, and dividends have increased yearly (been an up market the last 6 years).