Hello,
Working with some funds for a family member for a taxable account where per their age and general risk tolerance, they were wanted something more along the lines of 60/40 or 50/50 Stocks vs bonds. I quickly thought of the vanguard tax managed balanced fund (it is a vanguard account) and they do still have high tax rates. For folks that have it, or have an opinion; any secret sauce re/that fund vs say going 50% total stock and 50% munis? Is there a difference?
Or other thoughts re/a conservative (vanguard) fund or funds in a taxable account where tax liability is an important priority?
Thanks!
Working with some funds for a family member for a taxable account where per their age and general risk tolerance, they were wanted something more along the lines of 60/40 or 50/50 Stocks vs bonds. I quickly thought of the vanguard tax managed balanced fund (it is a vanguard account) and they do still have high tax rates. For folks that have it, or have an opinion; any secret sauce re/that fund vs say going 50% total stock and 50% munis? Is there a difference?
Or other thoughts re/a conservative (vanguard) fund or funds in a taxable account where tax liability is an important priority?
Thanks!
Statistics: Posted by OSUperu — Wed Jan 17, 2024 6:03 pm — Replies 0 — Views 59