How to do a tax-optimized sale in Vanguard, by tax lot

Today we're doing a quick tutorial on how to do a tax-optimized sale in Vanguard. By tax lot and using their MinTax method. This is important because it could save you thousands of dollars in taxes on large sales. On smaller sales the tax savings are less, but it adds up over time. One counter-intuitive thing. The position with the smallest gain may not be the one with the smallest tax bill. When you buy shares, it creates a tax lot. A tax lot is one purchase of shares with its own cost basis, which is just what you paid for them. Dividend reinvestments create lots too. This means a position with a big gain overall can still hold lots with tiny gains, or even losses. Vanguard does not automate lot selection. So you need to do it manually. It takes multiple steps including sorting data in a spreadsheet. The process is tedious and error prone. @Advizmo does all this automatically, saving you time and stress. Tax-smart selling at the lot level on every withdrawal. Built for long-term diversified investing. Link in bio to learn more about Advizmo. 🔗 HELPFUL RESOURCES: Download @Advizmo from the App Store: https://apps.apple.com/us/app/advizmo-invest-excess-funds/id6447766520 Visit Advizmo.com: https://advizmo.com Like Advizmo on Facebook: https://www.facebook.com/profile.php?id=61573835330823 Follow Advizmo on Instagram: https://www.instagram.com/myadvizmo/ Follow Advizmo on Twitter: https://x.com/advizmo Connect with Advizmo on LinkedIn: https://www.linkedin.com/company/advizmo/ Subscribe on Substack: https://advizmo.substack.com/ Follow on Bluesky: https://bsky.app/profile/advizmo.bsky.social #investing #TaxSmartInvesting #TaxLots #CostBasis #etfs #beginnerinvesting #Advizmo Demo account. Figures for illustrative purposes only. Estimates only. Review before investing. Not a guarantee. Not tax advice. Individual results vary. All investing involves risk including possible loss of principal. Advizmo advisory fee and subscription apply. Advizmo is an