Didn't calculate the asset allocation percentages since it's a down market.  The stonk market isn't fun for animals prone to anxiety attacks.  The lion kingdom finally unloaded its last airline position. Noted while they show trades succeeding, you can't move any money around until they're settled.  It seemed to take all the extra cash in the account offline regardless of the amount of the unsettled trades.  The amount of extra cash in the account might effect the chances of a trade succeeding.

It takes 1 day to move money out of treasuries.  So you absolutely need enough permanent cash to handle a buying opportunity.  The software which settles trades is quite complicated.

Lions still believe the market is manely getting sold off to pay interest taxes.  Trying to trade each & every inflation report or news headline is a losing strategy.  There are going to be hot & cold inflation reports.  The market is going to act like each one is the final word.  Inflation is always going to be hot as long as the gubment owes 2x GDP & the market is going to live with it.

The decision was made to keep the 401k stationary & move the taxable account into more stonk, to try to reduce the interest tax burden.  Helas, it's going to be single percentages of net worth at a time.  It's still almost certain that interest rates are going back to 0 in the long term & treasuries are going back to being worthless.

As long as interest rates are "high", the taxable account would ideally be all in non dividend paying forever funds & the non taxable account would be in treasuries.  It would be free to make that move.  There's no way to reverse that move without a huge tax penalty though.  

 Most of the taxable account is going to be drained to buy a house.  That could entail a sale of forever funds & a big capital gains tax.  It would be better than continuously paying interest tax though.  Then the forever funds could be rebought in the non taxable account.

If interest rates go back to 0, the IRAs would yield nothing in that case, the taxable account would go to infinity & lions would once again wish it was all in the IRAs so the new capital could be traded.  Lion attempts to game the tax system have manely been failures.

If interest rates keep going up, the best move would tilt more to moving all the non dividend yielding stonk to the taxable account & moving all the treasuries to the IRAs.  At 5%, there's not much being lost to taxes & the IRAs are still the mane growers.

The taxable account is just large. As long as lions are overweight cash, there's just always going to be a lot of tax because the account is so large.

Brokerages promote the number of 401k millionaires when in fact, you couldn't become a 401k millionaire in the last 25 years unless the 401k was entirely in stonk, which leaves all the cash in taxable accounts.  The interest tax from that would now be a disaster.  

 It may be when interest rates got above 2%, the smart clients started moving their 401k's to cash & moving their taxable accounts to stonk.  That's a 1 way trip.  They're promoting buying all your stonks inside 401k's while keeping the cash in taxable accounts.  

You can beat capital gains tax by taking out less than $44k from an IRA so that would favor putting higher growth prospects in the IRA. 

Lions have a goal of outliving Biden, so are probably going to run into taxes for required minimum distributions. You're not allowed to have an IRA after a certain age.  After that age, you're 100% in taxable accounts anyway.

 1 way to beat those would be deferring social security & draining the IRA instead.  Then the RMD's would be smaller when they kicked in.  85% of the social security payments are taxed.  Animals who put everything into a house & are ready to leave Calif* have to drain all the money at once & pay 25% capital gains tax on everything after $250k.  Lions are still ahead of that, in some cases.

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Noted the daily job seeker spam is manely H1B's living outside Calif*.  TX went bust.