I've been wanting to get the Wellington shares out of my taxable accounts for awhile ... hating those CG tax hits that sneak in at the end of the year but I didn't want to deal with the CG hit of selling the shares (not necessarily great logic here!)
Seems like now would be a great time to make that shift - since the CG due from the sale will be minimal at the current rates (And no - not many options for losses ... bought long enough ago that they are still above water)
I've looked at old threads as I consider what it should be moved into.
(I hate rebalancing/making changes as you might be able to tell ...I will buy it and forget it) I'm past 59 1/2 - so access to all funds if needed.
Which brings me to the idea to sell VWENX and buy VTMFX (or something else ?) to give me a little balance but without those taxable CG hits at the end of each year)
30% of my investment portfolio in taxable accounts with this currently allocation
VTTVX -Target 2025 10%
VTIAX - International 4%
VTSAX Total Stock 6%
VWENX - Wellington 78%
cash/CD ladder 3% (was just getting started on the ladder in early 2020!)
The 70% Pre-tax Retirement Accounts are at an 88/12 AA
(a messy mix split across Fidelity, Schwab and Vanguard )
(Tiniest bit is in a ROTH IRA - just figured out the rollovers when I started a PT job which moved me into the 22% bracket
Could've been doing them close to tax free for the 5 years before that!)
I have a CRT and RE income and the PT job which cover annual cash flow and keep me in the lower end of the 22% bracket.
Maybe I just sell (some/all?) the VWENX now and then take a week or so to work out the details for what to do with it (Don't want to wait too long to reinvest or I may not actually do it)