It's been ages since I posted or replied but this is one of those subjects that rattles my cage. It's almost never discussed objectively. Good tax efficiency can't be spent or banked, and it doesn't guarantee good after tax returns. Good tax efficiency simply means that you get to keep a high percentage of a fund's returns regardless whether those returns were excellent or mediocre. If you're looking for good after tax returns those are the numbers you should be researching not tax efficiency or words like tax managed.

Best regards, GP

Hi Scott,

Its a good thing I am used to looking at the ladies, that way it does not hurt when you make my head spin :o)

I thought you were liquidating FBALX and putting it into GLBLX, change your mind again?

Anyways, its good to see your thinking about tax efficiency.

Just trying to help in my own way.

Brian

Brian, I did not realize that GLBLX had a hefty 2.07% expense ratio. After doing some caluculations, that can really eat into your returns 20-30 years down the road...

Scottf44, don't take it wrong but Brian is right...you are all over the place. It is not bad to ask questions, it is actually important...but you should do some intensive research on your own as well...what I mean is that I find it amazing that you decide to make the change and write about it in the forum without first researching basic information like the expense rate...which is very easy to find in the prospectus, even if it is a new fund. Those are the first things you need to look at the funds, imo...and please, always read the prospectus...they are really important.

Again, before doing any buying you should do all your research, read some books, create a plan and then, buy some good funds that would fit within that created strategy...but constantly changing your mind along the way and changing between funds in the process will only hurt your performance in the long way, imo.

Take this message in a constructive way.

JC
 

Take a look at SLADX. It's a large blend stock fund, very low turnover and tax friendly, and an expense ratio of 0.57%.

Duane