So I am trying to assemble a taxable portfolio. I have a lot of money sitting in a bank I am starting to move out. So far all I have is VTSAX. I was looking at Wellesley and it does pretty well for only having 38.5% equities as well as Wellington which has more equities. However, I am hesitant because of the tax inefficiency. I am in the 25% bracket. I look at VTMFX and it is a real drag compared to either of the two above despite having more equities than Wellesley. Why is that? Is there a way I can mimic wellington/wellesley using individual funds and substitute muni's for corporate bonds? From looking at it I am thinking given how much better Wellington and Wellesley perform I might just buy Wellington and eat the tax.
Submitted March 04, 2017 at 11:32AM by sschoe2 http://ift.tt/2mnm0HO
