Search found 8538 matches

by Kevin M
Fri Jun 23, 2017 4:25 pm
Forum: Investing - Help with Personal Investments
Topic: Survivorship bias and Portfolio Visualizer
Replies: 18
Views: 1047

Re: Survivorship bias and Portfolio Visualizer

Survivorship bias for mutual funds relates to mutual funds simply not including their closed funds in the return numbers they report. The analogy for the CRSP stock database would be for CRSP to remove the stock returns of a failed company from historical results. I interpreted OP's question, "...
by Kevin M
Fri Jun 23, 2017 3:57 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Intermediate Term Treasury (VFITX) - Actively Managed
Replies: 39
Views: 1820

Re: Vanguard Intermediate Term Treasury (VFITX) - Actively Managed

I don't see evidence that term risk for bonds, or how to measure it, has fundamentally changed since Lehman. Of course longer duration should be reflected in higher values of risk measures, and if that doesn't seem to be the case, I guess we have to look a little more deeply as to what's going on. ...
by Kevin M
Fri Jun 23, 2017 12:03 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 104
Views: 12250

Re: Ally Bank 1.25% 11 month with no EWP

What is the advantage of opening 3 seperate $25k CDs instead of a single $75k CD? You can't do partial withdrawals from Ally CDs, so this gives you flexibility to do an early withdrawal of $25K, but keep $50K earning 1.50%. Kevin EDIT: Oops, saw the question on page 2 and didn't notice this thread ...
by Kevin M
Fri Jun 23, 2017 11:54 am
Forum: Investing - Help with Personal Investments
Topic: Survivorship bias and Portfolio Visualizer
Replies: 18
Views: 1047

Re: Survivorship bias and Portfolio Visualizer

Let's take the example of the mid-cap blend asset class and others that use Ken French's data for the period from 1972 to inception of the Vanguard fund. Actually, in the Simba spreadsheet, we use returns derived from Ken French's data from 1972 to 1978, as index returns are available after that (a...
by Kevin M
Wed Jun 21, 2017 7:39 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Intermediate Term Treasury (VFITX) - Actively Managed
Replies: 39
Views: 1820

Re: Vanguard Intermediate Term Treasury (VFITX) - Actively Managed

Term risk should show up in the variance, and hence in the Sharpe ratio, which is a standard measure of risk-adjusted return. Normally yes. But the bond market has not been normal since Lehman thus unfortunately, making risk measures like standard deviation somewhat suspect if we are only looking a...
by Kevin M
Wed Jun 21, 2017 7:20 pm
Forum: Personal Finance (Not Investing)
Topic: Ally no penalty 11 month CD rate increased to 1.50% this morning
Replies: 50
Views: 5390

Re: Ally no penalty 11 month CD rate increased to 1.50% this morning

Contrary to what the online chat rep told me, others said they were told that the higher rate (from the 10-day rate guarantee) does not show up until day 11. I just checked my account, and the CD opened on June 15 is still showing 1.35%, so the others appear to be right about this. Kevin Same here....
by Kevin M
Wed Jun 21, 2017 7:09 pm
Forum: Personal Finance (Not Investing)
Topic: Ally no penalty 11 month CD rate increased to 1.50% this morning
Replies: 50
Views: 5390

Re: Ally no penalty 11 month CD rate increased to 1.50% this morning

what you folks doing about the interest pay it monthly, Quarterly or yearly and also depositing in external or into the same CD account. Is the interest compounded? It compounds daily, but if you have the interest paid by check or to another account, you won't get any compound interest on the inter...
by Kevin M
Wed Jun 21, 2017 6:54 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Intermediate Term Treasury (VFITX) - Actively Managed
Replies: 39
Views: 1820

Re: Vanguard Intermediate Term Treasury (VFITX) - Actively Managed

I was addressing term risk not variance. <snip> For what it's worth duration risk is more likely to raise its ugly head in the near future as (if?) intermediate term yields increase which seems to be the conventional wisdom. Term risk should show up in the variance, and hence in the Sharpe ratio, w...
by Kevin M
Wed Jun 21, 2017 4:39 pm
Forum: Investing - Help with Personal Investments
Topic: Thinking about changing portfolio model
Replies: 6
Views: 439

Re: Thinking about changing portfolio model

What was your reasoning for selecting the 7tweleve model in the first place? I don't think "diversification" alone is a good enough reason. There had to be more to it than that, like some theoretical and/or empirical justification for why this model might be preferable to a 3-fund portfoli...
by Kevin M
Wed Jun 21, 2017 4:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Intermediate Term Treasury (VFITX) - Actively Managed
Replies: 39
Views: 1820

Re: Vanguard Intermediate Term Treasury (VFITX) - Actively Managed

The duration of the active fund had been lower by ~1 year until the last few months IIRC so the risk adjusted return has not been nearly identical. Not to be a PITA, but I really think it has. According to Portfolio Visualizer, for instance, a portfolio of 100% VSIGX has a Sharpe ratio of .92, vers...
by Kevin M
Wed Jun 21, 2017 1:58 pm
Forum: Investing - Help with Personal Investments
Topic: Survivorship bias and Portfolio Visualizer
Replies: 18
Views: 1047

Re: Survivorship bias and Portfolio Visualizer

Any more thoughts? Let's take the example of the mid-cap blend asset class and others that use Ken French's data for the period from 1972 to inception of the Vanguard fund. I believe Ken French uses the CRSP stock database as the source for his data. Does the methodology document say anything about...
by Kevin M
Wed Jun 21, 2017 1:35 pm
Forum: Personal Finance (Not Investing)
Topic: Step-up basis of inherited rental properties
Replies: 10
Views: 970

Re: Step-up basis of inherited rental properties

Agree with others that you'll almost certainly want to use a tax preparer of some sort to work this out for you. Having said that, here are what I think are the answers to some of your questions. Note that although I have dealt with this personally, I live in a community property state, so I got the...
by Kevin M
Wed Jun 21, 2017 12:18 pm
Forum: Investing - Help with Personal Investments
Topic: Survivorship bias and Portfolio Visualizer
Replies: 18
Views: 1047

Re: Survivorship bias and Portfolio Visualizer

I don't know the answer to the question, but you can see the data sources used by PV by looking at the FAQs. Frequently Asked Questions . Looking at Data Sources for Asset Class Returns, you'll see that Vanguard funds typically are used from the inception date of the fund, and other data sources pri...
by Kevin M
Wed Jun 21, 2017 12:11 pm
Forum: Investing - Help with Personal Investments
Topic: Survivorship bias and Portfolio Visualizer
Replies: 18
Views: 1047

Re: Survivorship bias and Portfolio Visualizer

Our resident expert on backtesting data is siamond--he has been updating and maintaining the Bogleheads backtesting spreadsheet, and there is some commonality (or used to be) in the data sources for this and PV. I've PM'd him to see if he has any insight on this, and might want to chime in here. Kevin
by Kevin M
Wed Jun 21, 2017 11:12 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 104
Views: 12250

Re: Ally Bank 1.25% 11 month with no EWP

The details of the checking and savings accounts seem very good, and it might make sense to use Ally as my primary bank to have a checking account and high-yield savings account colocated at the same institution. Currently I use Fidelity for checking, which means I have to transfer funds to and fro...
by Kevin M
Wed Jun 21, 2017 10:53 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 104
Views: 12250

Re: Ally Bank 1.25% 11 month with no EWP

I'm considering opening checking and savings accounts at Ally as well. If I need to break one or both of the CDs, I imagine I'll get quicker access to the funds if I deposit them in another Ally account, versus an external bank account (can anyone confirm?). Correct. Access is immediate in another ...
by Kevin M
Wed Jun 21, 2017 9:38 am
Forum: Personal Finance (Not Investing)
Topic: Ally Bank 1.25% 11 month with no EWP
Replies: 104
Views: 12250

Re: Ally Bank 1.25% 11 month with no EWP

Interestingly, the title of this somewhat old thread currently applies for $5,000-$24,999.99. For amounts less than that, the rate is 1.00%, and for amounts greater than that, the rate is 1.50%. I apologize if this was already discussed, but it's not clear to me what 'no early withdrawal penalty' me...
by Kevin M
Wed Jun 21, 2017 8:35 am
Forum: Personal Finance (Not Investing)
Topic: Ally no penalty 11 month CD rate increased to 1.50% this morning
Replies: 50
Views: 5390

Re: Ally no penalty 11 month CD rate increased to 1.50% this morning

Posted this in ]another Ally thread , but since it's directly relevant to this thread, I'll crosspost it here: Great news about 1.5% on $25K or more. And now 1.25% on $5K or more. I opened my two on June 10 and June 15, so got online chat to see if 10 day rate guarantee would apply to both, and if i...
by Kevin M
Tue Jun 20, 2017 11:40 am
Forum: Investing - Help with Personal Investments
Topic: CD Ladder?
Replies: 11
Views: 1031

Re: CD Ladder?

Direct CDs (purchased directly from banks and credit unions) are excellent deals for retail investors who can take advantage of the federal deposit insurance (FDIC for banks, NCUA for credit unions). You can do better than 2.30%: 5 Year CD Rates - Compare rates on 5 year certificates of deposit. . I...
by Kevin M
Tue Jun 20, 2017 11:21 am
Forum: Investing - Help with Personal Investments
Topic: Does a tax managed fund belong in a roth acct
Replies: 8
Views: 648

Re: Does a tax managed fund belong in a roth acct

No. The balanced fund uses tax-exempt bonds, and you pay an implicit tax on these in the form of lower yield for a given level of risk. Since you get no tax benefit in a Roth, it makes no sense to use muni bonds in a Roth. The capital appreciation fund has higher exposure to mid-cap stocks, which is...
by Kevin M
Tue Jun 20, 2017 10:21 am
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 37
Views: 4419

Re: Ally Bank No penalty CD for parking cash, is there a catch?

Great news about 1.5% on $25K or more. And now 1.25% on $5K or more. I opened my two on June 10 and June 15, so got online chat to see if 10 day rate guarantee would apply to both, and if it would be applied automatically. Not applicable to the one opened June 10 because today is day 11, but of cour...
by Kevin M
Mon Jun 19, 2017 7:58 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 249
Views: 22650

Re: Tesla Model 3 or Chevy Bolt?

I looked at every range mode reference in the manual, and nowhere does it say that it allows the battery to be charged to a higher SOC. I'm unfamiliar with the Tesla, but found this article that seems to describe something along this line and what changes they've made to make things easier and simp...
by Kevin M
Mon Jun 19, 2017 2:29 pm
Forum: Investing - Help with Personal Investments
Topic: Tax Exempt Bond Funds Questions
Replies: 8
Views: 762

Re: Tax Exempt Bond Funds Questions

Thanks for these responses. A follow up question: For purposes of long-term investing (i.e., a time horizon of twenty+ years), does it make any real difference whether the municipal bond fund chosen focuses on short-term, intermediate term, or long-term bonds? I realize there's more fluctuation pot...
by Kevin M
Mon Jun 19, 2017 1:58 pm
Forum: Investing - Theory, News & General
Topic: Do Bonds have a place if basic expenses are covered by income streams?
Replies: 69
Views: 3390

Re: Do Bonds have a place if basic expenses are covered by income streams?

We could generalize the question to ask whether or not one should hold more fixed income than necessary to meet one's expected residual living expenses (RLE) in retirement. Framing it this way is more relevant to my situation. I think the answer is that I have more fixed income than I need to meet m...
by Kevin M
Mon Jun 19, 2017 11:59 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 249
Views: 22650

Re: Tesla Model 3 or Chevy Bolt?

Temporary Range Extender mode of the B-Class — which adds around 17 miles of range to the next charging session — is a little like the ‘Range Mode’ offered on Tesla’s own vehicles. Range Mode operates by charging the Model S’ battery pack to a higher physical state of charge than the default charge...
by Kevin M
Mon Jun 19, 2017 11:42 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Thanks for the charts! I'd been searching, and couldn't find a chart for SEC yield (or any kind of yield) for any MMF. For non-MM funds, the Price & Performance page has a list of recent prices at the top right and a "Search for more historical price information" link below those pric...
by Kevin M
Sun Jun 18, 2017 1:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

I think one difference is that this fund makes more sense than the savings account if you're using cash as an asset class, rather than an e-fund or saving for a big purchase. Why? I track cash as an asset class, and include all bank and credit union savings and checking accounts, as well as money m...
by Kevin M
Sun Jun 18, 2017 1:29 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 249
Views: 22650

Re: Tesla Model 3 or Chevy Bolt?

Tesla doesn't have any particular mode that limits SOC--you just set it between 50% and 100%, either at the main display in the vehicle or from the app on your phone. The 50-90% range is indicated as "daily", and the 90-100% range is indicated as "trip". You start to lose regener...
by Kevin M
Sun Jun 18, 2017 1:11 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

You can get historical yields since inception for a Vanguard MM fund <snip> Not quite true. VMMXX inception was in 1975, but SEC yields are only available since 1993. Money market fund yields tend to track short-term Treasury yields <snip> Here's Prime MMF (VMMXX) yield compared to the 3-month Trea...
by Kevin M
Sun Jun 18, 2017 12:17 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard joint taxable account questions
Replies: 5
Views: 404

Re: Vanguard joint taxable account questions

2. Will we be able to clearly see who contributes how much to the joint taxable account? For example, can we see what linked bank account is being used for each buy? We both want this transparency so we can see how much we are each contributing every year. No, you will have to track that yourselves...
by Kevin M
Sun Jun 18, 2017 11:43 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

The benefit of MM funds used to be that they had higher interest rates than bank savings accounts, but that stopped being true years ago. Ah, this was something I was wondering about. What is known about the history of this comparison (MMFs versus savings accounts, and now especially online savings...
by Kevin M
Sun Jun 18, 2017 10:47 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Kevin stated "no-penalty" whereas the bank website states "penalty will apply" for the 12 month CD. I'm assuming the website is correct. As lack_ey pointed out, you're looking at the wrong CD. The no-penalty CD is an 11-month CD, and here's what the Ally website says about it: W...
by Kevin M
Sat Jun 17, 2017 9:05 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

"If VMMXX is not federally insured it seems like a poor choice for a large cash account. For small amounts of cash, a difference of 1% interest is pretty trivial." What is a "large cash account"? I hold way way more cash than $250k. FDIC insurance is pretty meaningless to me. Fo...
by Kevin M
Sat Jun 17, 2017 7:31 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Why would you prefer a MM fund earning 1% (or much less until recently) to a bank account earning 1.15% or more? I can see it for an IRA, but not for a Vanguard account that can be easily linked to an external bank account for buying and selling purposes. Kevin, As we get older, and contemplate the...
by Kevin M
Sat Jun 17, 2017 5:18 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Kevin M wrote: Finally! So why haven't you been using an "insured liquid bank account" earning 1% in preference to a MM account earning 0.01%? Currently Prime MM fund is yielding 1.01%. I was asking about continuing to use the MM fund from 2009-2015 when the MM rate was close to 0%, while...
by Kevin M
Sat Jun 17, 2017 5:01 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 37
Views: 4419

Re: Ally Bank No penalty CD for parking cash, is there a catch?

Is there any difference between having the interest payed at maturity vs monthly if it is credited to the CD? Is there a best way to do this if you are only going to keep the money in the CD for 6 months? You cannot credit it to the CD if you choose monthly disbursement. The only choices are check ...
by Kevin M
Sat Jun 17, 2017 4:58 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Bank No penalty CD for parking cash, is there a catch?
Replies: 37
Views: 4419

Re: Ally Bank No penalty CD for parking cash, is there a catch?

Opened two @$25K last week. I did this because $25K is the minimum to get the 1.35% rate, and Ally does not allow partial withdrawals. So I'd stick with $25K increments for maximum flexibility. The "manage CDs" menu option does not appear unless you have an open CD in a taxable account. Th...
by Kevin M
Sat Jun 17, 2017 3:32 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 249
Views: 22650

Re: Tesla Model 3 or Chevy Bolt?

Kevin, What size battery do you have? 70 kWh. Kevin Interesting. I had heard the max charge rate of batteries < 85 (14 vs. 16 modules) was around 90 kW. Bad intel: https://s11.postimg.org/uv6kr39ib/Tesla_SC.png Based on the subsequent photos, I think this was shortly after plugging into the first s...
by Kevin M
Sat Jun 17, 2017 3:13 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Two things about MM funds. First, they are instantly liquid at all times. So are savings accounts. CDs are not and have penalties for withdrawal before maturity. Perhaps you missed the discussion about the Ally no-penalty CD earning 1.35%. But why are you comparing to CDs instead of to savings acco...
by Kevin M
Sat Jun 17, 2017 11:00 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 249
Views: 22650

Re: Tesla Model 3 or Chevy Bolt?

Leif wrote:Kevin,

What size battery do you have?

70 kWh.

Kevin
by Kevin M
Fri Jun 16, 2017 8:38 pm
Forum: Investing - Theory, News & General
Topic: Adding new money to bond funds in rising interest environment
Replies: 28
Views: 1965

Re: Adding new money to bond funds in rising interest environment

Now that we've covered some background, and established that intermediate-term rates aren't closely tied to increases in the federal funds rate (at least over periods of one or two years) ... If so, what would others do in this case? Keep the funds in cash (maybe losing value due to inflation)? What...
by Kevin M
Fri Jun 16, 2017 6:36 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

I don't care so much about your past results as your approach now to likelihood and uncertainty in the outlay requirements of your near future. The mismatch of duration of funds earmarked for an outlay to the anticipated time of that outlay seems particularly severe in this case. You don't have the...
by Kevin M
Fri Jun 16, 2017 4:44 pm
Forum: Investing - Theory, News & General
Topic: Adding new money to bond funds in rising interest environment
Replies: 28
Views: 1965

Re: Adding new money to bond funds in rising interest environment

I had not realized that the bond funds had not taken a hit due to the Fed increases. Good to know. To be fair, bond funds took a hit before the Fed increases after the June Brexit vote. Huh? The big hit to bonds was after the November election. Looking at weekly or monthly returns, VBMFX, for examp...
by Kevin M
Fri Jun 16, 2017 4:37 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

I also have a much larger amount in a couple of bond funds (CA int-term and long-term muni funds) that also will likely be mostly if not fully liquidated in that timeframe, so it's not as if I'm avoiding term risk altogether for the funds that will most likely be used in the near term. This isn't l...
by Kevin M
Fri Jun 16, 2017 3:01 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

To keep things in perspective <snip> From where did you get the $50K? Was it sitting in cash at Ally? Yes, it was sitting in cash earning 1.05%, and now it is sitting in cash earning 1.35%. As implied in my comment that I'll likely break one or both $25K CDs in 2-3 months, I expect to be using this...
by Kevin M
Fri Jun 16, 2017 2:52 pm
Forum: Investing - Theory, News & General
Topic: Adding new money to bond funds in rising interest environment
Replies: 28
Views: 1965

Re: Adding new money to bond funds in rising interest environment

<snip> ... assuming interest rates continue to rise. One problem with this thinking is that there isn't just one thing called "rates"--there are many different rates. Since the federal funds rate (FFR) increase on 12/15/2016, short-term rates have indeed risen along with the FFR, as expec...
by Kevin M
Fri Jun 16, 2017 1:53 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

To keep things in perspective, the difference in interest between 1.05% and 1.35% APY on $50K for 60 days is only about $24. But it only takes about 5 minutes to open the CD online (or two if you want to open two at the same time), so that's about $292/hour. Well, maybe another 5 minutes to break th...
by Kevin M
Fri Jun 16, 2017 1:38 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

You can get 1.35% for minimum of $25K in a no-penalty 11-month CD at Ally Bank. You must wait six days to do early withdrawals, but after that it's essentially a savings account, except that you can't do partial withdrawals. I opened two @$25K each this week. Kevin Here's another option: You can ge...
by Kevin M
Fri Jun 16, 2017 11:37 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Can you please name some of the online banks that have 1.25-1.35% rates? Savings Account Rates | DepositAccounts.com . I don't see 1.35%, but I see three at 1.30% and three at 1.25%. You can get 1.35% for minimum of $25K in a no-penalty 11-month CD at Ally Bank. You must wait six days to do early w...
by Kevin M
Fri Jun 16, 2017 11:01 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)
Replies: 90
Views: 8163

Re: Vanguard Prime Money Market Fund (VMMXX) breaks 1.00 (% not $)

Nonetheless, I still think I come out slightly ahead with the non-Pa Municipal MM because its yield is 0.06% higher than the PA MM. Again, if I'm wrong about that, please let me know. I realize I'm probably splitting hairs here, but I'm just trying to educate myself on how to calculate after-tax re...

Go to advanced search