Quote:
Originally Posted by retiredguy123
That is an excellent fund and I used to own shares in it. But, the Vanguard S&P 500 Index fund has actually had a slightly higher average annual return during the last 10 year period, 13.52 percent vs 13.42 percent.
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swap s
Vanguard has applied for a patent about the way that their taxable account funds don't have any Capital Gains at the end of the year. There was a Barrons/Wall St journal article about that within the last year.
What they do is swap losers for gainers in certain ways, and there is a higher average price / return due to zero tax payments by you, withdrawing funds to pay. That will show up when you sell the shares as you will have a higher gain upon sale than paying capital gains taxes along the way.
Just something to think about.
sportsguy