When you look at investing in taxable accounts what are your preferred Vanguard funds or ETFs? What strategies do you use? I have come to realize I need to start investing more in taxable accounts. Currently I have Berkshire stock and the Vanguard High Yield Tax Exempt Bond Fund. That is not going to cut the mustard if I want to get further ahead. Please share your strategies you use and ways you minimize taxes and stress. I am almost ready to bite the bullet. I have read a lot, but I get more out of people's real life experiences and suggestions. Thank you for your input.
I started invested in taxable account about 2 1/2 years ago. I initially purchased Vg Long Term Municiple bond since I had no bond exposure at that point and these funds were to be utilized as back-up to regular emergency funds; but still earmarked for retirement. As the fund gradually increased, I came to the same conclusion you did "That is not going to cut the mustard if I want to get further ahead." So I left that fund in place but have contributed to it infrequently. Instead I started putting additional funds in Vg Total Stock Market and have been happy with this decision especially recently. I have an additional Vg Tax Managed Balanced fund earmarked for a special purpose that has no specific timeframe for needing the funds. I have a fair amount in student loans. And have recently lowered my expectations of intermediate term returns. So now I'm contributing less to the taxable and starting to more aggressively address the student loans.