I think you know the answer. You can pick Wellington in a taxable account if you are willing to pay the taxes.
If you want to know the actual cost, you need to do a complete mock tax return and add the estimated income from Wellington to see what happens. If you did your own 2023 taxes you can easily go back and do some alternative scenarios to see how it would have gone last year.
How much tax are you willing to pay for the simpler solution?
Have you considered other balanced funds? Vanguard has several including tax-managed funds.
I am a fan of Wellington but I would pick something different for taxable.
If you want to know the actual cost, you need to do a complete mock tax return and add the estimated income from Wellington to see what happens. If you did your own 2023 taxes you can easily go back and do some alternative scenarios to see how it would have gone last year.
How much tax are you willing to pay for the simpler solution?
Have you considered other balanced funds? Vanguard has several including tax-managed funds.
I am a fan of Wellington but I would pick something different for taxable.
Statistics: Posted by Mike Scott — Sat Jul 27, 2024 12:40 pm — Replies 1 — Views 54