This is great, thanks. I have looked into maximizing the geometric mean before, similar to Kelly Criteria, but apparently that's a very volatile approach with a

This is great, thanks. I have looked into maximizing the geometric mean before, similar to Kelly Criteria, but apparently that's a very volatile approach with a long timeframe before you have a high likelihood of approaching that maximization. I'll look more into Sharpe Ratio. The general Bogle advice is for taxable accounts, pick something like a total us stock market index fund like FSKAX for fidelity. Low expense ratio, but you're right, it still has taxable long term capital gains and reinvestment every so often.