White Coat Investor wrote:[
My problem is that I've always wanted a taxable account to do taxable account things with. Like invest conveniently in real estate, tax loss harvest, pay off the mortgage and the like. But I have a massive amount of tax-protected space available to me and I'm not dumb enough to pass on it and invest in taxable instead. So I find myself wanting to save even more than I can put in my tax-protected accounts so I can do taxable account stuff even though maxing out the tax-protected accounts will likely provide more than enough for our retirement by themselves, even an early retirement.
First world problems for sure.
I didn't know you could make $10 contributions to the TSM mutual fund though. I thought there was a $100 minimum or something. Guess I'm wrong though. The minimum is only $1.
https://personal.vanguard.com/us/funds/ ... =INT#tab=3
I don't think I'd want to keep track of all those tax lots if I was only investing a few bucks at a time though.
Really? I'm currently reading your book, and I'm surprised that you're not a big taxable investor. Maybe I'm not at the chapter yet where you say, "Just kidding. Contribute to tax-protected and then spend the rest on a new Mercedes." I max all of my tax-protected space first too ($65k/year), but I find I still have room for significant contributions to taxable.