I'm looking to put some funds into a taxable Vanguard regular brokerage account. My hope is to do at least a little better than an online savings account (~1.15%) which I have my "emergency" funds in.
I want to be somewhat conservative with this investment as this $$ is for short to medium term usage for down payment on a house.
My big question is... How much return do you need to cover your tax loses? I live in California, if that matters. And I know taxes are currently being debated in Washington. My hope was something like VBTLX would earn me a bit more without a ton of risk, but then I look at the 1 year returns after taxes and it's negative. Any thoughts or suggestions are appreciated.