Which funds should I buy in my taxable brokerage fund? (After all tax-advantaged accounts have been maxed, of course.) I've been somewhat of a student of the lazy 3 fund portfolio with VTSAX, VBTLX and VTWAX (or similar funds) with bonds and international being covered in tax-advantaged accounts.
Within this taxable account, there is a decent chunk of VTSAX and a significant emergency fund. I'm basically trying to diversify outside of VTSAX.
I'm leaning towards VDADX and here is why... Our FIRE goals are more like barista FIRE for lack of a better definition. We are both nurses and there is a lot of flexibility in the schedule you can work. Preferably, in 3-5 years one of us would step down to working only 2 shifts a week and eventually, the other might do the same.
It would be nice to maintain the original level of income, but obviously, we would need another stream of cash. Hence the dividend funds.
I'm not that interested in collecting rent checks, so RE investing is probably a no-go. REITs have higher tax rates for capitol gains correct? So I'm shying away from that. Should I not??
I've read how over time dividend funds do not match the gain of broad index funds (Dividend Mantra guy) and I get that. I guess what I want to know is what is the difference between dividend payouts on say $200,000 of VTSAX vs $200,000 of VDADX? I don't trust my math on this and if anyone can help, that would be great!
I'm also considering VVIAX, VIGAX and am open to other suggestions.