I do not hold 'emergency fund/cash/fixed income' in my taxable account, because I dislike paying unnecessary taxes.
Like Livesoft, I like having less than $20.00 interest income each year on my IRS Form 1040.
(My taxable account is likely large enough to cover anything I wish to purchase, even if VTI drops by 50%.)
My simple, self-managed, low-cost, tax-efficient, basically-3-fund portfolio is held mainly at Schwab.
Maximum expense ratio for any single fund/ETF in the portfolio is 0.07% (SGOV).
Taxable brokerage account (Schwab): 100% VTI (Vanguard Total Stock Market ETF).
Roth IRA (Schwab): 55% SCHB (Schwab US Broad Market ETF), 39% SCHF (Schwab International Index ETF) and 6% SGOV.
Traditional (rollover) IRA (Schwab): 63% 30-yr TIPS ladder and 37% SGOV (iShares 0-3 Month Treasury Bond ETF).
HSA (Optum Bank): 94% VITSX (Vanguard Total Stock Market Index Fund) and 6% cash (required to avoid fees).
Checking account (large national bank): few hundred dollars to pay current-month bills.
Summary below.
Like Livesoft, I like having less than $20.00 interest income each year on my IRS Form 1040.
(My taxable account is likely large enough to cover anything I wish to purchase, even if VTI drops by 50%.)
My simple, self-managed, low-cost, tax-efficient, basically-3-fund portfolio is held mainly at Schwab.
Maximum expense ratio for any single fund/ETF in the portfolio is 0.07% (SGOV).
Taxable brokerage account (Schwab): 100% VTI (Vanguard Total Stock Market ETF).
Roth IRA (Schwab): 55% SCHB (Schwab US Broad Market ETF), 39% SCHF (Schwab International Index ETF) and 6% SGOV.
Traditional (rollover) IRA (Schwab): 63% 30-yr TIPS ladder and 37% SGOV (iShares 0-3 Month Treasury Bond ETF).
HSA (Optum Bank): 94% VITSX (Vanguard Total Stock Market Index Fund) and 6% cash (required to avoid fees).
Checking account (large national bank): few hundred dollars to pay current-month bills.
Summary below.
Statistics: Posted by steadyosmosis — Thu Jun 13, 2024 2:52 am — Replies 8 — Views 995