I hold the VFIAX S&P 500 index fund and all three of the Vanguard CA municipal funds as well. The only other addition I have in the taxable account is the Vanguard STAR fund VGSTX that I bought back in 1996.
I keep some of the cash either in non-interest banks for ‘tier 1’ and the second tier in the VCTXX CA tax-exempt MMF. The third tier sits in the 401k stable value fund if needed, alongside near future 401k distributions.
As the OP did not mention federal or state tax brackets, I do not know if the municipal MMF option would be of benefit or not for the spare cash.
I keep some of the cash either in non-interest banks for ‘tier 1’ and the second tier in the VCTXX CA tax-exempt MMF. The third tier sits in the 401k stable value fund if needed, alongside near future 401k distributions.
As the OP did not mention federal or state tax brackets, I do not know if the municipal MMF option would be of benefit or not for the spare cash.
Statistics: Posted by Hacksawdave — Sat Aug 31, 2024 3:47 pm — Replies 24 — Views 1069
