I am currently maxing out my 401k, Roth IRA, ESPP, and now have the opportunity to start investing in a taxable brokerage account. At the moment I have ~$50,000 in an online savings account making a pitiful 1.25% and am considering keeping just enough in there for an emergency fund and moving the rest into a taxable brokerage with Vanguard (all in VTSAX).
Considering that I will not be using this money for at least 5-7 years, would this be a great idea? How will this affect my taxes?
Submitted May 02, 2017 at 10:28PM by throwaway1239875555 http://ift.tt/2qwnKOG
