I am beginning to reallocate my savings/investments into a portfolio consisting of 33% Foolish Four, 33% cash kings, and 33% growth stocks. I must allocate these savings between both tax deferred accounts and taxable accounts. It seems obvious to me (which probably means I am missing something) that the cash kings should go into the taxable accounts as these are long term buy & hold stocks. My question is, between the Foolish four and the small cap growth stocks, which should go into the tax deferred account? The foolish four should have high dividends and capital gains from annual sales. I dont have a good feel for the tax implications of a typical small cap growth portfolio as I dont know how often I should expect to be selling these types of stocks. Any suggestions would be appreciated.