Hi Everyone,
First - let me start off with "I am a newbie" - There... I said it.
Ok - I have a 401k, spousal roth IRA, roth IRA for myself, a cap one 360 savings and a taxable Vanguard account that I want to use to build cash flow and work towards ER.... so, I do not know how to evaluate an appropriate index fund to use in the taxable account...
I was going to use an REIT, but thankfully, through this blog and bogleheads - I've learned that REIT's (VGSLX or
https://personal.vanguard.com/us/funds/snapshot?FundId=5123&FundIntExt=INT) are taxed differently and should be placed in my tax advantaged accounts. Great, but I do love the just about 4% yield from dividends...
so, I looked for something else, and found VWEAX
https://personal.vanguard.com/us/funds/snapshot?FundId=0529&FundIntExt=INT#tab=0. a 0.13 exp ratio and a 4ish % yield....
My question isn't "should I buy VWEAX?" - more so, how can I evaluate the fund from the information provided from the site? how do I know this is or is not tax efficient? what are the key points I should focus on?
Anyway, any input is very welcomed, and I do not hold anyone responsible for my decisions on purchases... I'm just looking for a sounding board..
Let me have it! start shootin!
Thanks in advance,
Steve