At the top.
The way that one person manages their documents probably isn't going to be the same as another, but generally a person is consistent with all their files.
In this case, it's either a document that you have several types of, in which case you would have an existing folder structure, or it's a one-off that you dump in My Documents along with all your other one-offs. Even if you lose it, file systems all keep date-time information, so you can easily search for the all the files last modified yesterday.
The problem with liberal tagging is that it requires a bunch of up-front effort that you're never going to perform. In this case, if it were an email, you'd just use your email browser (specialized software!) to find the document again based on the things you remember about it (date, source, size, etc).
That 'my documents' thing - you could easily create a 'view' on tags that yielded that result. Without relying on Microsoft or whomever to do it for you.
With liberal use of tags, and the ability to browse them fluidly, we could ask those sort of questions.