Valuethinker wrote:Also as I understand US I bonds (WARNING NOT USIAN, THIS IS NOT ADVICE, THIS IS HEARSAY FROM AN INEXPERT OBSERVER) they are not instantaneously cashable unless owned for at least 5 years?
You have just described the simplicity of a garden-variety short-term bond fund: Easily transferred to a checking account as required, on-line. They also come with check books.john94549 wrote:You might want to consider the simplicity of a garden-variety savings account where funds can be transferred to a checking account as required, on-line.
dbr wrote:That interest rate is before taxes, so you compare before taxes.
The after tax data doesn't mean much anyway. To be meaningful you have to figure your tax cost for your specific tax situation.
icedtea wrote:How do you benchmark these returns against say an MMA with a 1.05% APY?
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