Search found 384 matches

by ofckrupke
Fri Apr 20, 2018 9:00 am
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 89
Views: 4931

Re: 2-year AA Munis at Vanguard and Fidelity Today

I thought Vanguard published a state by state composition of its bond funds? http://www.vanguard.com/pdf/INBST_012018.pdf Californians typically get no tax break on the CA-bond income from a national muni fund; by state law a fund must hold 50+% CA-exempt assets in order for the part of its distrib...
by ofckrupke
Thu Apr 19, 2018 8:17 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback needed on my portfolio
Replies: 10
Views: 577

Re: Feedback needed on my portfolio

I work in NY, but my residence is in NJ. I get a credit from NJ for the state income tax paid to NY on my wages, but additional income is taxed by NJ. I believe my NJ bracket is 6.37%, so my marginal state rate is 4.97%. Hmm. As you note lower down, your NJ tax on earned income is not operative bec...
by ofckrupke
Thu Apr 19, 2018 5:17 pm
Forum: Investing - Help with Personal Investments
Topic: Feedback needed on my portfolio
Replies: 10
Views: 577

Re: Feedback needed on my portfolio

If things don't change you'll be in 22% federal bracket, 6.45% NY bracket, will itemize federally, and will not be SALT capped. Uncle Sam's help with the state tax means your combined marginal rate for non-LTCG/QDIV income will be 27.03% instead of the sum of the bracket rates (as long as you don't ...
by ofckrupke
Thu Apr 19, 2018 1:53 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 33
Views: 4613

Re: 2017 Relative Tax Efficiency

For now, I think it would be confusing to be anything but 12/31/2016 for year 2017. Yes, I apologize for my spreadsheet's limitations. ;) I forgot to point out that the marginal brackets aren't settled until the year is over too. Of course I too prefer the end-previous-year pricing convention....be...
by ofckrupke
Thu Apr 19, 2018 1:03 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 33
Views: 4613

Re: 2017 Relative Tax Efficiency

If the price of an asset doubles on 12/31/2017 from 12/30/2017 then did my tax liability halve for year 2017? No. The tax liability doesn't depend on the asset price at either end of the year. Only this measure of the year's tax liability per dollar holding. Since the asset price varies throughout ...
by ofckrupke
Thu Apr 19, 2018 12:45 pm
Forum: Investing - Theory, News & General
Topic: 2017 Relative Tax Efficiency
Replies: 33
Views: 4613

Re: 2017 Relative Tax Efficiency

[I should hope so? Why would 12/31/2017 prices tell me anything about the cost to hold the security in 2017? No, not an erratum :) Sorry, that's a little too glib. The movie is feasibly/tolerably viewable in reverse, there are no obviously irreversible processes. Since we don't know until the end o...
by ofckrupke
Thu Apr 19, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Can I *not* claim all the state tax in my itemized deduction?
Replies: 37
Views: 3599

Re: Can I *not* claim all the state tax in my itemized deduction?

You mentioned AMT. Say AMT means you derive no benefit from state tax deduction. Still, you need to make a conscious decision when filing tax to NOT take the state income deduction. Otherwise, if you take it, and although you have a line item for AMT, you still cannot reason with the IRS (and no so...
by ofckrupke
Wed Apr 18, 2018 10:17 am
Forum: Personal Finance (Not Investing)
Topic: Can I *not* claim all the state tax in my itemized deduction?
Replies: 37
Views: 3599

Re: Can I *not* claim all the state tax in my itemized deduction?

Just when I thought it is impossible, then someone comes along and say it is possible, but not saying how :) There a number of inaccuracies in some of the post that I would have liked to argue, just for a better understanding. But that will be too much rambling. So let me just address the biggest o...
by ofckrupke
Wed Apr 18, 2018 9:10 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 119
Views: 15305

Re: 2-year CDs at Vanguard and Fidelity Today

Discount treasury bond When a bond is bought at a discount, it will "appreciate" in value to par when it reaches maturity. My understanding is that this "appreciation" or accrued interest must be reported each year as ordinary income. For the purpose of state taxes, is this accrued interest taxable...
by ofckrupke
Tue Apr 17, 2018 12:16 pm
Forum: Personal Finance (Not Investing)
Topic: Help me explain why pre-tax investing can help when retiring in same bracket
Replies: 69
Views: 4908

Re: Help me explain why pre-tax investing can help when retiring in same bracket

It's an ideal form of insurance in that one is only obliged to pay the premium at the end, if one has not suffered the covered casualty. Is there a typo in the situation? Shouldn't it be other way around aka similar to short term COBRA where you pay premium only if you incur medical expenses during...
by ofckrupke
Tue Apr 17, 2018 11:23 am
Forum: Personal Finance (Not Investing)
Topic: Help me explain why pre-tax investing can help when retiring in same bracket
Replies: 69
Views: 4908

Re: Help me explain why pre-tax investing can help when retiring in same bracket

It's an ideal form of insurance in that one is only obliged to pay the premium at the end, if one has not suffered the covered casualty. Is there a typo in the situation? Shouldn't it be other way around aka similar to short term COBRA where you pay premium only if you incur medical expenses during...
by ofckrupke
Tue Apr 17, 2018 9:28 am
Forum: Personal Finance (Not Investing)
Topic: Help me explain why pre-tax investing can help when retiring in same bracket
Replies: 69
Views: 4908

Re: Help me explain why pre-tax investing can help when retiring in same bracket

Here's a reason I don't read about very much: because life may not go according to plan. Watty has included it in a bullet list, but otherwise this reason has gone unappreciated amidst the skirmishes concerning effective vs marginal rates. If triceratops' social situations are with young people on t...
by ofckrupke
Mon Apr 16, 2018 2:54 pm
Forum: Investing - Help with Personal Investments
Topic: Tax time: Where to find tax exempt interest dividends by state?
Replies: 4
Views: 271

Re: Tax time: Where to find tax exempt interest dividends by state?

Is there a standard place this information is published, instead of needing to find the buried part of these websites that contain this info? There are links to most-recent-year tax info XLS and XLSX files at the SPDR page for all of their ETFs, found under the "Related Documents" tab at each ETFs'...
by ofckrupke
Mon Apr 16, 2018 1:45 pm
Forum: Personal Finance (Not Investing)
Topic: Minimizing taxes for 2018
Replies: 12
Views: 1405

Re: Minimizing taxes for 2018

Right, the question here is whether the IRS sees 85k (-18.5k 403b contribution) of income on form 1040 between the 403b participant's W-2 and the business's net income, or just 75k (-18.5k) because the business expenses are subtracted from the business income on schedule C. In other words, was the b...
by ofckrupke
Mon Apr 16, 2018 1:24 pm
Forum: Personal Finance (Not Investing)
Topic: Minimizing taxes for 2018
Replies: 12
Views: 1405

Re: Minimizing taxes for 2018

The savers credit is a credit, not a deduction.

So calculate the tax on 21.5k of taxable income, then calculate the saver's credit using an AGI of 45.5k (IFF the business expense is netted in income line(s), typically via schedule C), and then subtract that from the tax.
by ofckrupke
Mon Apr 16, 2018 12:12 pm
Forum: Personal Finance (Not Investing)
Topic: Can I *not* claim all the state tax in my itemized deduction?
Replies: 37
Views: 3599

Re: Can I *not* claim all the state tax in my itemized deduction?

The only way to avoid is to either file standard deduction or use sales state tax deduction (instead of income state) Or be subject to AMT for 2017 that effectively eats the "excess" deduction from "excess" state withholding/estimated-payments, so that the latter ends up not actually resulting in a...
by ofckrupke
Mon Apr 16, 2018 12:00 am
Forum: Investing - Theory, News & General
Topic: Muni Money Market funds starting to look good!
Replies: 111
Views: 18858

Re: Muni Money Market funds starting to look good!

$100 of ordinary interest would pay 12% or $12 in a 12% ordinary income bracket, not $27. But for someone with ordinary income in the 12% bracket and with QDIV/LTCG draped atop that into the 15% QDIV bracket (so that some of the QDIV was taxed at 0% and some at 15%), $100 more ordinary interest wou...
by ofckrupke
Sun Apr 15, 2018 11:46 pm
Forum: Personal Finance (Not Investing)
Topic: Tax Sanity Check- AMT seems too high after large bitcoin capital gains
Replies: 2
Views: 417

Re: Tax Sanity Check- AMT seems too high after large bitcoin capital gains

Michael Kitces has a fairly comprehensive article on AMT at his site, although his focus is not really on capital gain taxation. Short term capital gains get taxed like ordinary income and in the phaseout interval of the AMT Exemption each dollar of income reduces the exemption by 0.25 (this is how ...
by ofckrupke
Sun Apr 15, 2018 11:01 pm
Forum: Investing - Help with Personal Investments
Topic: Help me with a dividend question on VIIIX
Replies: 20
Views: 1147

Re: Help me with a dividend question on VIIIX

It's 0.007%/year cheaper, which is $7 per $100k, plus any difference in operational efficiency not accountable under the charged ER.
That's like 4 blocks east or west on the atlantic coast to someone in California.
by ofckrupke
Sun Apr 15, 2018 9:40 pm
Forum: Personal Finance (Not Investing)
Topic: Can I *not* claim all the state tax in my itemized deduction?
Replies: 37
Views: 3599

Re: Can I *not* claim all the state tax in my itemized deduction?

No, you can't do that. But you can choose to take the standard deduction even if itemizing results in a lower tax liability. Will your marginal tax rate really be higher for 2018 than for 2017? If not, then itemizing for 2017 and counting some [1] or all of the state refund as taxable income in 2018...
by ofckrupke
Sun Apr 15, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: Mozart in the morning, please
Replies: 18
Views: 2237

Re: Mozart in the morning please

Sagefemme wrote:
Sun Apr 15, 2018 6:03 pm
I'm jealous of anyone who needs waking up at 7 am. I have not set an alarm for years, because by 6 am every day I am fully awake. I'd love to be sleeping still at 7 am but in never happens, no matter what time I go to bed.
Go east, young woman.

Or just set your clock ahead, maybe.
by ofckrupke
Sun Apr 15, 2018 5:12 pm
Forum: Personal Consumer Issues
Topic: Mozart in the morning, please
Replies: 18
Views: 2237

Re: Mozart in the morning please

Siegfried Idyll for birthday, please.
(It's not just for adultresses anymore...)
by ofckrupke
Sun Apr 15, 2018 4:47 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 89
Views: 4931

Re: 2-year AA Munis at Vanguard and Fidelity Today

I bought some out of state munis in December, but no out of state muni interest was paid in 2017. My CPA entered the accrued interest as a negative number in the CA adjustments additions column (I used a CPA for 2017 taxes for a specific, non-recurring reason, and almost certainly will go back to d...
by ofckrupke
Sun Apr 15, 2018 4:05 pm
Forum: Investing - Theory, News & General
Topic: 2-year AA Munis at Vanguard and Fidelity Today
Replies: 89
Views: 4931

Re: 2-year AA Munis at Vanguard and Fidelity Today

At this point, I see 855 of tax-exempt interest on line 8b of form 1040. Don't see how that was arrived at. Can anyone explain it? I cannot find where HRB is calculating this. Is this on an otherwise live return? Your exempt interest dividends from mutual muni funds (you own some vanguard national ...
by ofckrupke
Sun Apr 15, 2018 3:32 pm
Forum: Investing - Help with Personal Investments
Topic: Help me with a dividend question on VIIIX
Replies: 20
Views: 1147

Re: Help me with a dividend question on VIIIX

It makes no mention of dividends or lack thereof in the prospectus. this was covered upthread. In a CIT, income from the underlying assets accretes to each held share rather than being distributed in dividend form. If you were reinvesting the VIIIX dividends in VIIIX, then your share count grew wit...
by ofckrupke
Sun Apr 15, 2018 2:55 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 119
Views: 15305

Re: 2-year CDs at Vanguard and Fidelity Today

I see the " 1. Denotes this offering is from the Schwab Inventory" as a footnote on the search page but it there is no 1 in the quotes at this hour. Maybe it changes during market hours. Exactly. As far as the rest of it goes, it's enough for me that when I've spot-checked a particular treasury iss...
by ofckrupke
Sun Apr 15, 2018 1:32 pm
Forum: Personal Finance (Not Investing)
Topic: [HSA contribution - exempt from CA state income tax?]
Replies: 1
Views: 138

Re: [HSA contribution - exempt from CA state income tax?]

If I were to put my HSA into this fund [VTIP], I would be exempt from the state tax for my HSA contribution? Or simply that earnings from this fund are tax exempt from CA? The latter. And more specifically, that the interest dividend income from this fund is CA tax-exempt. [Capital gain/loss arisin...
by ofckrupke
Sun Apr 15, 2018 1:05 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 119
Views: 15305

Re: 2-year CDs at Vanguard and Fidelity Today

At Schwab you don't know until you see the fine print in the confirmation. That's odd. For treasuries my display of issues passing a search/filter at Schwab shows a superscript "1" for those whose best counterparty offer for a particular minimum count is for/from its own dealer inventory - at least...
by ofckrupke
Sun Apr 15, 2018 11:15 am
Forum: Investing - Help with Personal Investments
Topic: "guaranteed" 6% return vs index fund investing
Replies: 30
Views: 2743

Re: "guaranteed" 6% return vs index fund investing

On the family business loan, is the term fixed? Is it amortizing? How liquid is it, can you call it at will? Xor only if the bank's willing to extend further credit under the existing rate and term? Can the business call your note at will? Where do you stand relative to prior, and any subsequent fam...
by ofckrupke
Sat Apr 14, 2018 11:30 pm
Forum: Investing - Help with Personal Investments
Topic: Need help splitting a muni bond ladder 50/50 between heirs and general Schwab Question
Replies: 24
Views: 1198

Re: Need help splitting a muni bond ladder 50/50 between heirs and general Schwab Question

There won't be a 15% bracket for ordinary income for 2018, but the threshold between 12% and 22% is at 77.4k taxable for MFJ. And the jump from 0% to 15% taxation of LTCG/QDIV income is at $77.2k taxable income. So there are two limbo bars but at least they're set at about the same height. If being ...
by ofckrupke
Sat Apr 14, 2018 8:48 pm
Forum: Investing - Help with Personal Investments
Topic: Help me with a dividend question on VIIIX
Replies: 20
Views: 1147

Re: Help me with a dividend question on VIIIX

Should I be concerned? Anyone encounter something like this before? Probably not. Have had Vanguard target date institutional share funds replaced in a qualified plan's menu by Vanguard target date collective investment trusts (CITs). Expense ratio went from 0.10% to 0.07%. The income that would ot...
by ofckrupke
Sat Apr 14, 2018 4:54 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on which asset classes should go into which investment vehicles
Replies: 26
Views: 1403

Re: Advice on which asset classes should go into which investment vehicles

grabiner wrote:
Sat Apr 14, 2018 4:09 pm
In the [high-income end of the] 35% tax bracket, you pay 23.8% tax on qualified dividends and long-term gains, not the 15% most investors pay.
FIFY. Impact on the point being made: not much, the rate being 18.8% in the lower-income end of this bracket.
by ofckrupke
Sat Apr 14, 2018 12:35 pm
Forum: Investing - Help with Personal Investments
Topic: Need help splitting a muni bond ladder 50/50 between heirs and general Schwab Question
Replies: 24
Views: 1198

Re: Need help splitting a muni bond ladder 50/50 between heirs and general Schwab Question

In your opinion, which of the Schwab equity funds are the most tax efficient to hold in a taxable account? In my opinion the answer(s) probably depend on the household's tax rate specifics. Rank ordering could easily differ depending on state taxation, etc. It's not enough to know that the taxable ...
by ofckrupke
Sat Apr 14, 2018 12:17 pm
Forum: Personal Finance (Not Investing)
Topic: Use of Loss Carry Forward for New California Resident?
Replies: 3
Views: 234

Re: Use of Loss Carry Forward for New California Resident?

If she files as a part-year CA resident using form 540NR, then in actual practice the carryover from prior years will get pro-rated for the subset of 2017 for which she was a CA resident. The prorating actually happens on a not-filed-but-kept "worksheet for nonresidents and part-year residents" publ...
by ofckrupke
Sat Apr 14, 2018 11:18 am
Forum: Investing - Help with Personal Investments
Topic: Need help splitting a muni bond ladder 50/50 between heirs and general Schwab Question
Replies: 24
Views: 1198

Re: Need help splitting a muni bond ladder 50/50 between heirs and general Schwab Question

If one of the heirs wanted to liquidate promptly and the other wanted to retain to maturity, then some consideration could be given in the division to providing the liquidator with bonds likely to be less egregiously discounted if impatiently sold. In such case, the liquidator might agree to compens...
by ofckrupke
Fri Apr 13, 2018 5:06 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 186
Views: 20295

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

If the relaxation of oil to the sump proceeds faster than the cooling to ambient, then it is not guaranteed that the net measurement error will proceed monotonically from a negative value immediately after stopping the engine (to which I'll stipulate) to the asymptotic value (which for a temperature...
by ofckrupke
Fri Apr 13, 2018 4:29 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 186
Views: 20295

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

I'm sorry if this was covered previously, but are you measuring "cold" to reduce thermal expansion effects on your measurements? Probably your oil manufacturer provides a specific #; in absence of that I quickly found numbers between 0.0007/K and 0.00095/K for nonspecific motor oils. Thus, even "col...
by ofckrupke
Fri Apr 13, 2018 1:55 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 9% annualized return?
Replies: 26
Views: 2263

Re: Guaranteed 9% annualized return?

If your prepay scheme pays the loan off in 4 years 7 months, then the XIRR calculation should use that date, not the payoff date under standard payment. The 3.875% return on prepays that retire the loan in 4y7m is earned over 4y7m, not 15 years. If you want to make projections out to 15 years, you h...
by ofckrupke
Fri Apr 13, 2018 1:39 pm
Forum: Investing - Help with Personal Investments
Topic: Guaranteed 9% annualized return?
Replies: 26
Views: 2263

Re: Guaranteed 9% annualized return?

kiddoc, Not discounting time value of money. Interest payment you make in 15 years is worth less now. Your calculation (if I understood your description) shows the value of avoiding a lump sum payment of $71k, not that 71k spread out over decades into the future. gouverneur gets at the essence of wh...
by ofckrupke
Fri Apr 13, 2018 12:09 am
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 186
Views: 20295

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Ah. Where can I get a dipstick tube? Hey. I don't tease you about having an engine with the oil filter on the underside, you don't tease me about ignorance on details of the access plumbing for oil level measurement? On my rides it'd be possible to lower a flexible vinyl catheter/siphon, from a har...
by ofckrupke
Thu Apr 12, 2018 11:29 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 186
Views: 20295

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

CULater wrote:
Thu Apr 12, 2018 11:07 pm
Any good solutions to this dilemma?
Pull it up through the dipstick tube, or replace the drain bolt on the pan with one of those (service-marked) replacements with a built-in stopcock?
by ofckrupke
Thu Apr 12, 2018 9:12 pm
Forum: Personal Consumer Issues
Topic: My 2017 CRV is a victim of the dreaded oil gas-dilution issue
Replies: 186
Views: 20295

Re: My 2017 CRV is a victim of the dreaded oil gas-dilution issue

Found this image showing the relationship between mm oil overage and percent dilution of the oil by fuel. I'm presently showing approximately 7 mm of overage after driving just 385 miles, which translates into around 10% oil dilution, according the the graph. How comfortable would you be knowing th...
by ofckrupke
Thu Apr 12, 2018 8:11 pm
Forum: Investing - Help with Personal Investments
Topic: Advice on which asset classes should go into which investment vehicles
Replies: 26
Views: 1403

Re: Advice on which asset classes should go into which investment vehicles

In the 35% federal bracket (which also comes with 3.8% NIIT), as long as DM or total international funds/ETFs distribute ~1% more dividends than TSM annually (and most of this in non-qualified form), there will be less tax drag if such international funds are restricted to tax-advantaged accounts if...
by ofckrupke
Thu Apr 12, 2018 7:41 pm
Forum: Personal Finance (Not Investing)
Topic: [Help completing the TN state tax return]
Replies: 73
Views: 2208

Re: How do I know which amounts from my 1099 form make me decide on if I have to pay a state tax return to Tennessee?

I just want to understand all this stuff. And is my original question not pretty simple? I just need to know exactly which spots to add together on the 1099 "Summary of Reportable Tax Information" page that we receive once a year. If you really want to understand, stop trying to use the tax softwar...
by ofckrupke
Wed Apr 11, 2018 2:08 pm
Forum: Personal Consumer Issues
Topic: Anyone tried a sunrise alarm clock?
Replies: 42
Views: 3184

Re: Anyone tried a sunrise alarm clock?

I had a sunrise alarm clock. The clock was not for me because I would anticipate when the light was going to turn on and not get a good rest. Waking up to a classical music alarm works much better for me Maybe lighting of rising intensity, staged to match the ~one minute sunrise from Daphnis et Chl...
by ofckrupke
Wed Apr 11, 2018 1:06 pm
Forum: Investing - Help with Personal Investments
Topic: Alternatives to muni bonds? (and portfolio update)
Replies: 12
Views: 1361

Re: Alternatives to muni bonds? (and portfolio update)

Thanks for the response ofckrupke. Sorry it's taken a while but work got in the way. Two small points: If one is splitting CA and national muni funds to reduce risk and targeting an overall intermediate duration, it's more tax efficient to split as short-term national plus long-term CA. (I get the ...
by ofckrupke
Tue Apr 10, 2018 10:14 am
Forum: Investing - Help with Personal Investments
Topic: International Small Cap Quick Question
Replies: 22
Views: 1325

Re: International Small Cap Quick Question

I have already shared my technique of staying ahead of benchmarks. It involves market timing. See, for example, https://www.bogleheads.org/forum/viewtopic.php?t=194427 and follow along whenever someone mentions "RBD" in a thread. I hold neither VBR nor IJS at Vanguard, but I do hold them at 3 separ...
by ofckrupke
Mon Apr 09, 2018 9:18 pm
Forum: Personal Finance (Not Investing)
Topic: 15 vs 30 year mortgage
Replies: 7
Views: 1644

Re: 15 vs 30 year mortgage

Stepping up from the 30y to the 15y is committing to a set of 180 monthly $235 outbound payments, followed by a set of 180 monthly $492 inbound payments. The return on the investment is the discount rate that makes the present value of the payment series = 0. But there's nice trick in that the payme...
by ofckrupke
Sun Apr 08, 2018 6:17 pm
Forum: Investing - Help with Personal Investments
Topic: Max out 401k or pay off mortgage?
Replies: 18
Views: 956

Re: Max out 401k or pay off mortgage?

Seems like too much of a gamble on the sales price of your current home when you are planning to move in the next 2 years. The extra you've been paying into your mortgage may be lost or lessened if you don't get what you hope for on the sale. The only way the OP will not get full return of prepayme...
by ofckrupke
Sun Apr 08, 2018 5:58 pm
Forum: Investing - Help with Personal Investments
Topic: Alternatives to muni bonds? (and portfolio update)
Replies: 12
Views: 1361

Re: Alternatives to muni bonds? (and portfolio update)

Two small points: If one is splitting CA and national muni funds to reduce risk and targeting an overall intermediate duration, it's more tax efficient to split as short-term national plus long-term CA. (I get the impression the OP's holdings might have hewn closer to this approach prior to recent T...