Search found 5 matches

by Jake Hogan
Fri Feb 08, 2019 9:10 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 52434

Re: Vanguard Prime Money Market yield over 2.5%

Can you help me with the TEY calculation. I currently have my cash parked in VMSXX (Vanguard Municipal Money Market) 1.42% SEC 7 day and was wondering if it should be parked in VMMXX? My Fed Bracket is 37 My State Bracket is 4.25 I am subject to NIIT 3.8 Thanks for your help. Does your state allow ...
by Jake Hogan
Thu Feb 07, 2019 7:17 am
Forum: Investing - Theory, News & General
Topic: Vanguard Prime Money Market yield over 2.5%
Replies: 232
Views: 52434

Re: Vanguard Prime Money Market yield over 2.5%

Can you help me with the TEY calculation. I currently have my cash parked in VMSXX (Vanguard Municipal Money Market) 1.42% SEC 7 day and was wondering if it should be parked in VMMXX?
My Fed Bracket is 37
My State Bracket is 4.25
I am subject to NIIT 3.8

Thanks for your help.
by Jake Hogan
Fri Apr 20, 2018 11:32 am
Forum: Investing - Theory, News & General
Topic: Upper Tax Bracket Folks...where to park cash?
Replies: 11
Views: 2676

Upper Tax Bracket Folks...where to park cash?

I am in the highest tax bracket and am looking for some additional thoughts on where to park cash. Currently, using Marcus (Goldman Sachs) high yield on-line savings getting 160 basis points. Thanks for your help.
by Jake Hogan
Tue Sep 13, 2016 11:46 am
Forum: Personal Investments
Topic: Short Term Cash Investment
Replies: 15
Views: 1723

Re: Short Term Cash Investment

I am using Goldman Sachs Bank (GS Bank) for parking cash, online savings account 1.05%.