In taxable, all munis, mostly Vanguard High-Yield, the rest in other Vanguard funds including some still in tax-exempt money market gradually being invested in other things. AMT is creating a dilemma as I expect the extra coupon on the Vanguard high-yield fund is virtually free of default risk.
In tax-protected, all corporate investment grade, mostly short-term, except some GNMA, all in either Vanguard funds or iShares ETF's. No treasuries at all at current yields, except a small amount of TIPS embedded in PCRDX.
Last edited by dave.d
on Sat Apr 26, 2008 2:25 pm, edited 2 times in total.
Value-based allocation: recently 48% stocks @S&P 1550 and real bond yields approx. -1% (targets again comparable to past, house purchase taken from overall portfolio)