Search found 11491 matches

by Kevin M
Tue Sep 29, 2020 1:33 pm
Forum: Investing - Theory, News & General
Topic: Why invest in CDs instead of target retirement funds?
Replies: 30
Views: 1758

Re: Why invest in CDs instead of target retirement funds?

If you want an alternative that is closer to the Fidelity TR fund, but using CDs instead of bond funds, you could put 50% into stock funds and 50% into CDs. I'm not suggesting this, but just saying that this would be more of a comparable alternative. Kevin I am trying to simplify my investments by ...
by Kevin M
Mon Sep 28, 2020 5:48 pm
Forum: Investing - Theory, News & General
Topic: Why invest in CDs instead of target retirement funds?
Replies: 30
Views: 1758

Re: Why invest in CDs instead of target retirement funds?

Is there a difference between how CDs and bonds get taxed? There are different types of bonds, with different taxation. Corporate bonds are fully taxed, as are CDs. Municipal bonds are generally not taxed at the federal level, and in-state muni bonds generally are not taxed at the federal or state ...
by Kevin M
Mon Sep 28, 2020 5:46 pm
Forum: Investing - Theory, News & General
Topic: Why invest in CDs instead of target retirement funds?
Replies: 30
Views: 1758

Re: Why invest in CDs instead of target retirement funds?

This is not that much different than asking "why invest in bonds instead of stocks?" They have completely different risk and expected return profiles. The fund you mention has about 53% in stocks. The fund is fine if that's an appropriate amount of stock risk for you. The fund also has about 8% in T...
by Kevin M
Fri Sep 25, 2020 3:06 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10162

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

With 0% interest rates and savers getting decimated now with interest rates earning .6%. Decimated might be strong of a word, and it's not just savers (as in holding money in savings accounts). The 5-year TIPS (real) yield is -1.2%, and even the 30-year TIPS yield is -0.33%, so the harsh reality no...
by Kevin M
Thu Sep 24, 2020 8:20 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10162

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

radiowave wrote: Thu Sep 24, 2020 8:15 pm Just got my email today. Wish I would have got the 2.75% 5 year CD last year . . . oh well.
Reinvestment risk showed up. Hindsight is 20/20.
by Kevin M
Thu Sep 24, 2020 8:18 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10162

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

With the 1-month Treasury yield at 0.08%, even 0.60% is a yield advantage of more than 50 basis points. Of course the 11-month NP CD at 0.75% is even better, but as others have said, that rate probably will drop soon too. Moved most of what already hadn't been moved from savings into NP CDs in a cou...
by Kevin M
Thu Sep 24, 2020 8:09 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10162

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

Wow, how low can it go? Mediocre environment for savers. What’s worse is that we can expect this environment for at least a couple of years as the Fed plans to keep its interest rates at 0% for that time. What does not make sense is that I remember Ally offering almost 1% on their savings account w...
by Kevin M
Thu Sep 24, 2020 8:04 pm
Forum: Personal Finance (Not Investing)
Topic: Ally Bank savings interest rate dropping from 0.8% to 0.6%
Replies: 117
Views: 10162

Re: Ally Bank savings interest rate dropping from 0.8% to 0.6%

CPI is currently 1.3%. At a 1/3 tax rate, I am losing about 0.9% per year at Ally savings: (1-1/3)*0.6%-1.3%=-0.9%. You are quoting the year over year change in CPI as of the August 2020 CPI release. This tells you nothing about the impact of inflation on what you are earning now. We don't even kno...
by Kevin M
Wed Sep 23, 2020 8:12 pm
Forum: Personal Investments
Topic: Fidelity Zero funds vs Vanguard performance
Replies: 38
Views: 4025

Re: Fidelity Zero funds vs Vanguard performance

Now let's look at a telltale chart, which divides the growth of one fund by the growth of another fund, and gives us a view into the relative performance of the two funds. Very interesting and helpful chart, thanks. What website or software did you use to generate it? The date comes from Morningsta...
by Kevin M
Tue Sep 22, 2020 7:54 pm
Forum: Personal Investments
Topic: Is intermediate treasuries good as fixed income in retirement ?
Replies: 35
Views: 2722

Re: Is intermediate treasuries good as fixed income in retirement ?

Intermediate-term Treasuries are good as a fixed income investments at any stage.They are excellent diversification to a stock portfolio. Morningstar (7/8/2020), "What's the Best Diversifier for Stocks?" . " Thanks a lot for the confirmation on the treasuries.... If your are using a bucket approach...
by Kevin M
Tue Sep 22, 2020 7:46 pm
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 853
Views: 110278

Re: Best CD rates thread

<snip> on a website such as DespositAccounts.com? <snip> For example, when I search for location "Any" the top result is East River FCU with a 5 yr CD at 2.35%. I usually search with my "region" selected. There must be a cookie that saves this, because it's always pre-selected when I start searchin...
by Kevin M
Tue Sep 22, 2020 2:43 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Account Upgrade and Dividend Reinvestment
Replies: 14
Views: 1696

Re: Vanguard Account Upgrade and Dividend Reinvestment

What I meant: I believe if I completed a wash sale in a taxable account the cost basis of the purchased shares would be the original basis I sold out of. So it wouldn't matter. I wouldn't get the loss, but my new basis would be the original so I wouldn't be penalized when I sold. When a wash sale o...
by Kevin M
Mon Sep 21, 2020 7:42 pm
Forum: Investing - Theory, News & General
Topic: Vanguard Account Upgrade and Dividend Reinvestment
Replies: 14
Views: 1696

Re: Vanguard Account Upgrade and Dividend Reinvestment

These were all tax advantages accounts (my taxable was opened as a brokerage) so no spec ID offered. Makes it worse because I will lose basis if I TLH in those accounts . If these are tax-advantaged accounts, the basis is irrelevant because the transactions inside the account are not taxable events...
by Kevin M
Mon Sep 21, 2020 6:48 pm
Forum: Personal Investments
Topic: Is intermediate treasuries good as fixed income in retirement ?
Replies: 35
Views: 2722

Re: Is intermediate treasuries good as fixed income in retirement ?

Is intermediate treasuries good as fixed income in retirement ? Planning to have 2 to 3 years expenses in cash, Money Market and possibly CD ladder. Why use a money market fund earning less than 0.1% (and falling) when you could hold it in a savings account earning 0.80% (what Ally currently pays)....
by Kevin M
Mon Sep 21, 2020 5:41 pm
Forum: Personal Investments
Topic: Fidelity Zero funds vs Vanguard performance
Replies: 38
Views: 4025

Re: Fidelity Zero funds vs Vanguard performance

First, let's look at a longer period. FZROX inception was 8/2/2018, so I'll show two years of growth for the three funds. This is a like a Morningstar "growth of $10K" chart, but showing growth of 1, so for example, a value of 1.20 indicates 20% growth. https://i.postimg.cc/zGdWb5Ls/Screenshot-2020-...
by Kevin M
Fri Sep 18, 2020 2:54 pm
Forum: Personal Investments
Topic: Brokered CDs from Vanguard.
Replies: 42
Views: 3956

Re: Brokered CDs from Vanguard.

What I saw for bid quotes was in line with what I've seen historically, which is a wide range of bid/ask spreads. The bid for one of my CDs was at a small premium, but the bid for another one was something like 95.xx, and both CDs are similar in terms of coupon and maturity . Kevin This is what giv...
by Kevin M
Thu Sep 17, 2020 5:59 pm
Forum: Personal Investments
Topic: Brokered CDs from Vanguard.
Replies: 42
Views: 3956

Re: Brokered CDs from Vanguard.

With those 3+% brokered CDs it's tempting to sell them. The yield is not 3% if the price is > 100 with a 3% coupon. We just saw someone get a price of >102, with a yield of about 0.24% with a 3% coupon. For me, it's more tempting to hold em and take the monthly income for a few more years. But we j...
by Kevin M
Thu Sep 17, 2020 5:29 pm
Forum: Personal Investments
Topic: Brokered CDs from Vanguard.
Replies: 42
Views: 3956

Re: Brokered CDs from Vanguard.

When I did a generic CD search at Vanguard today when the market was open, all of the Sell buttons were inactive. However, when I clicked Sell next to a couple of CDs I own, I saw bid quotes and the Sell button was active. What I saw for bid quotes was in line with what I've seen historically, which...
by Kevin M
Thu Sep 17, 2020 5:24 pm
Forum: Personal Investments
Topic: Brokered CDs from Vanguard.
Replies: 42
Views: 3956

Re: Brokered CDs from Vanguard.

<snip> I came out a few hundred dollars ahead as long as i invest the money at min 0.7%.<snip> You got a great price. My intuition was that as long as you earn more than the bid yield (on an annualized basis), you come out ahead, even ignoring any tax arbitrage. I calculated it a couple of differen...
by Kevin M
Wed Sep 16, 2020 4:32 pm
Forum: Personal Investments
Topic: Brokered CDs from Vanguard.
Replies: 42
Views: 3956

Re: Brokered CDs from Vanguard.

Never sold a CD. How does this work ? If I have $70K of this particular brokerage CD, does this mean it would probably sell for at least $71,287 ($70K * 1.01839)? I know I'd only come out a little ahead by maturity. Thanks Qty. bid/ask Min. qty. bid/ask CUSIP Issue Maturity Price bid/ask Yield to w...
by Kevin M
Mon Sep 14, 2020 1:45 pm
Forum: Personal Investments
Topic: Where to invest fixed income?
Replies: 26
Views: 3302

Re: Where to invest fixed income?

I fully agree, I do look at the long term; but if you believe the Fed , which I highly respect, we are in for years of zero (not low!) interest rates . Bond funds do not invest at the federal funds rate, which is the target interest rate set by the FOMC at which commercial banks borrow and lend the...
by Kevin M
Sat Sep 12, 2020 4:24 pm
Forum: Investing - Theory, News & General
Topic: Historical Bond Returns - From Rates to Returns [Bond Fund Simulator]
Replies: 373
Views: 63446

Re: Historical Bond Returns - From Rates to Returns [Bond Fund Simulator]

So, it would make sense to create a synthetic 1-year yield using the compound return of two half-year investments using December (D) and June (J) yields: (((1 + D) X (1 + J)) - 1) . Note that D and J must be recovered from the annualized yields: D = (((1 + annualized December yield)^(1 / 2)) - 1) ....
by Kevin M
Fri Sep 11, 2020 6:49 pm
Forum: Personal Investments
Topic: Where to invest fixed income?
Replies: 26
Views: 3302

Re: Where to invest fixed income?

You may be overthinking this. Vanguard's VBTLX is showing YTD total return of 7% as of 8/31/2020. Wouldn't that be good enough? It's where I have most of my bond exposure. If past return is how you determine "good enough", then would the end of 2013, with a return of -2.15%, or the end of 2018 with...
by Kevin M
Fri Sep 11, 2020 5:55 pm
Forum: Personal Finance (Not Investing)
Topic: Reduce our mortgage rate for 12 month CD?
Replies: 8
Views: 683

Re: Reduce our mortgage rate for 12 month CD?

I come up with a difference in payments over 15 years of $7,475, so essentially agree with first reply. The 15-year Treasury yield is about 1%, and the highest rate I see on a 10-year direct CD is 1.40%. Let's be generous and say you could earn 1.5% on the $25K over the next 15 years. If you take th...
by Kevin M
Thu Sep 10, 2020 7:50 pm
Forum: Investing - Theory, News & General
Topic: The Four (not Three) Fund Portfolio
Replies: 27
Views: 3424

Re: The Four (not Three) Fund Portfolio

Kevin, I think the drop in T prices might just have been a volume thing. I think it was a liquidity thing (maybe that's what you mean), which is part of why the Fed stepped in, but surprised that liquidity hit Treasuries this way, since they typically are the most liquid asset in a crisis. On the o...
by Kevin M
Thu Sep 10, 2020 7:11 pm
Forum: Investing - Theory, News & General
Topic: The Four (not Three) Fund Portfolio
Replies: 27
Views: 3424

Re: The Four (not Three) Fund Portfolio

I didn't say stay down, but just that they tank (yields increase) when stocks also tank, as happened for quite a few months in 1974, for example (and even for more than a week in March , but that wasn't an extended period). <snip> The Intermediate Treasury ETF price dropped a little over 1%. <snip>...
by Kevin M
Wed Sep 09, 2020 5:55 pm
Forum: Investing - Theory, News & General
Topic: The Four (not Three) Fund Portfolio
Replies: 27
Views: 3424

Re: The Four (not Three) Fund Portfolio

Doc, the more important point is what are you going to do if corporate bonds don't recover for a long time after stocks and corporate bonds both tank? And what do you do if you use all of your Treasuries to rebalance into stocks, and then stocks drop a lot more, but corporate bonds haven't recovere...
by Kevin M
Tue Sep 08, 2020 9:13 pm
Forum: Investing - Theory, News & General
Topic: The Four (not Three) Fund Portfolio
Replies: 27
Views: 3424

Re: The Four (not Three) Fund Portfolio

Doc, the more important point is what are you going to do if corporate bonds don't recover for a long time after stocks and corporate bonds both tank? And what do you do if you use all of your Treasuries to rebalance into stocks, and then stocks drop a lot more, but corporate bonds haven't recovered...
by Kevin M
Tue Sep 08, 2020 2:23 pm
Forum: Investing - Theory, News & General
Topic: The Four (not Three) Fund Portfolio
Replies: 27
Views: 3424

Re: The Four (not Three) Fund Portfolio

If we sell treasuries and buy stocks our allocation then has a higher weight in corporates and is thus riskier than using only total bond. You would rebalnce your FI portfolio as soon as the crisis passes. In the recent case about in July. So your "higher risk" FI portfolio only exists for a few mo...
by Kevin M
Tue Sep 08, 2020 2:11 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]
Replies: 176
Views: 17863

Re: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]

Also, dividends from other funds are automatically paid into the Prime fund. Will these dividends continue into the new fund? This is easy enough to check yourself. My Accounts -> Account maintenance -> Holding level dividend and capital gains elections. Look at the account of interest, and if not ...
by Kevin M
Mon Sep 07, 2020 3:57 pm
Forum: Investing - Theory, News & General
Topic: The Four (not Three) Fund Portfolio
Replies: 27
Views: 3424

Re: The Four (not Three) Fund Portfolio

Based on the recent market kerfuffle I suggest that we use a four fund portfolio instead. Use two funds for the bond portion instead of only one. An Intermediate Treasury fund plus an intermediate Treasury fund instead of only one TBM fund. An intermediate Treasury fund plus what? :happy I think Do...
by Kevin M
Mon Sep 07, 2020 3:53 pm
Forum: Personal Investments
Topic: Fido Brokerage CDs vs treasury bond funds in 401k
Replies: 2
Views: 237

Re: Fido Brokerage CDs vs treasury bond funds in 401k

The reason people use banks or credit unions directly is that yields often are much higher, which is the case now. For example, top yield on a 1-year direct CD is about 1%, while yield on a 1-year brokered CD is 0.10% (about the same as a 1-year Treasury). However, you don't have the option to buy d...
by Kevin M
Mon Sep 07, 2020 3:43 pm
Forum: Investing - Theory, News & General
Topic: Farewell Yield: Jonathan Clements' short-term bond barbell
Replies: 36
Views: 3106

Re: The “Abandon Bonds” strategy [Farewell Yield: Jonathan Clements]

In terms of interest rate risk, FI will recover at the duration and afterward you'll be better off. This is not really true for a fund. I've done a lot of empirical study of this, and an intermediate-term bond fund (with duration in the 5-6 year ballpark) can easily have a 5-year, 6-year or 10-year...
by Kevin M
Sun Sep 06, 2020 6:16 pm
Forum: Investing - Theory, News & General
Topic: Farewell Yield: Jonathan Clements' short-term bond barbell
Replies: 36
Views: 3106

Re: Farewell Yield: Jonathan Clements' short-term bond barbell

I'm curious to hear what the many knowledgeable posters here think about Jonathan Clements' decision to go all-short and all-Treasury with his fixed income: "<snip> ... I sold my short-term corporate fund and replaced it with a short-term government fund. In other words, all my bond money is now in...
by Kevin M
Sun Sep 06, 2020 2:29 pm
Forum: Personal Investments
Topic: How Are CD Ladders Used in Retirement
Replies: 14
Views: 1899

Re: How Are CD Ladders Used in Retirement

As you can see from the replies, there is no one size fits all approach that most people follow. For much of the time since 2010, I bought mainly direct CDs with 5-year to 7-year maturities and low early withdrawal penalties (EWPs), like six months of interest. Often you could earn more if doing an ...
by Kevin M
Sun Sep 06, 2020 2:03 pm
Forum: Personal Investments
Topic: Do I really own anything if everything can require a Medallion signature which I can never get?
Replies: 71
Views: 7786

Re: Do I really own anything if everything can require a Medallion signature which I can never get?

Vanguard's website says that you may need a medallion signature even to sell securities :( https://investor.vanguard.com/account-transfer/other-questions You may need a Medallion signature guarantee when: You're transferring or selling securities. You're transferring a joint account to an individua...
by Kevin M
Fri Sep 04, 2020 7:16 pm
Forum: Personal Investments
Topic: Vanguard Roth IRA - Cannot Exchange Funds? (NEWB)
Replies: 27
Views: 1279

Re: Vanguard Roth IRA - Cannot Exchange Funds? (NEWB)

I was on hold for an hour or two until I got through but fair enough. ;) Well, that's not good. I haven't called Vanguard in years. Do they offer a callback feature like some places do? Yes, they do. I called yesterday, the wait time was greater than 30 minutes, and was offered a callback option. T...
by Kevin M
Fri Sep 04, 2020 3:55 pm
Forum: Investing - Theory, News & General
Topic: Historical Bond Returns - From Rates to Returns [Bond Fund Simulator]
Replies: 373
Views: 63446

Re: Historical Bond Returns - From Rates to Returns [Bond Fund Simulator]

[...] At any rate, I follow the Treasury's guidance, and consider the CMT yields to be par yields--at least good enough for the kinds of things we do with them. Just to clarify, the 'Yield Curves' book I just received is a mathematical model , reconstructing yields for each month and each (fixed) m...
by Kevin M
Thu Sep 03, 2020 7:29 pm
Forum: Personal Investments
Topic: Vanguard Roth IRA - Cannot Exchange Funds? (NEWB)
Replies: 27
Views: 1279

Re: Vanguard Roth IRA - Cannot Exchange Funds? (NEWB)

Update: Hit sell 100% of the Morgan Fund. Does not say in any way where the results of the sell goes. Wish the interface was more clear. Just waiting for the email that says, "thanks for selling your complete ROTH IRA funds, which will now be deposited to your associated bank account. Your ROTH IRA...
by Kevin M
Thu Sep 03, 2020 6:05 pm
Forum: Personal Investments
Topic: Brokered CDs from Vanguard.
Replies: 42
Views: 3956

Re: Brokered CDs from Vanguard.

That is confusing. Why do they list the $1/thousand fee up top for selling on the secondary market. They don't specify that it applies to selling. I think the idea is that in general the commission applies to buying or selling "CDs, U.S. government agency securities, and corporate bonds", and the n...
by Kevin M
Thu Sep 03, 2020 6:01 pm
Forum: Investing - Theory, News & General
Topic: Historical Bond Returns - From Rates to Returns [Bond Fund Simulator]
Replies: 373
Views: 63446

Re: Historical Bond Returns - From Rates to Returns [Bond Fund Simulator]

Now I have a dumb question... Is there any meaningful difference between a "Par Bond Yield" and a "Constant Maturity Treasury" rate? It's not a dumb question. As longinvest notes, the Treasury says that the CMT yield curve is considered a par curve. However, on-the-run Treasuries do not trade exact...
by Kevin M
Thu Sep 03, 2020 4:50 pm
Forum: Personal Investments
Topic: Brokered CDs from Vanguard.
Replies: 42
Views: 3956

Re: Brokered CDs from Vanguard.

Vanguard will charge more than a small fee to sell your CD. It would be $250 for large ones. Apparently no longer the case: https://i.postimg.cc/x1QH2Jqs/Screenshot-2020-09-03-CD-bond-trades-Fees-commissions-Vanguard.png Source: https://investor.vanguard.com/investing/transaction-fees-commissions/c...
by Kevin M
Thu Sep 03, 2020 4:44 pm
Forum: Personal Investments
Topic: Brokered CDs from Vanguard.
Replies: 42
Views: 3956

Re: Brokered CDs from Vanguard.

The prices of your brokered CDs have risen a lot because CD yields have fallen a lot, as would be the case for any bond. For example, a CD you bought at 2.8% yield now has a yield of say 0.5%. Someone will pay a lot more for the 2.8% interest payments than for a new CD offering 0.5% interest payment...
by Kevin M
Thu Sep 03, 2020 2:58 pm
Forum: Investing - Theory, News & General
Topic: Is anyone else not able to buy on Vanguard.com today?
Replies: 4
Views: 612

Re: Is anyone else not able to buy on Vanguard.com today?

Wow, this has never happened to me before, but I was unable to do an exchange just now. Thanks to your tip, I installed the Vanguard app on my phone and did it with that. More cumbersome (one fund to three funds), but got it done.

Kevin
by Kevin M
Wed Sep 02, 2020 6:27 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2282

Re: SEC 30 day yield vs Distribution yield

True, although if the claim is that distribution yield, under the circumstances, is as useful or more useful than SEC yield or, essentially equivalently, yield to maturity, looking at other YTMs doesn't really answer the question. It's true that looking at just the YTM may not help us understand ho...
by Kevin M
Wed Sep 02, 2020 3:31 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]
Replies: 176
Views: 17863

Re: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]

<snip> <snip> With the old platform, you can use buy a mutual fund using money from an externally-linked bank. It can be for a money market fund or any mutual fund. And you can sell a mutual fund with proceeds going directly to the bank. One of the main reasons I'm staying on the old platform until...
by Kevin M
Tue Sep 01, 2020 7:53 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2282

Re: SEC 30 day yield vs Distribution yield

I wanted to mention that I learned most of what I understand about how bond premiums affect fund income distributions from posts on this forum over the years, supplemented of course with much spreadsheet analysis on my own. One thing I was scratching my head over last night was the following. If the...
by Kevin M
Tue Sep 01, 2020 7:05 pm
Forum: Investing - Theory, News & General
Topic: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]
Replies: 176
Views: 17863

Re: [Vanguard Prime Money Market changes, gets new name. Treasury Money Market reopened]

The six per month limit is correct--that is due to a federal regulation that applies to all savings accounts, so not unique to your CU. This federal regulation was repealed in July I think. Now any limits are left up to the entities themselves. Good point. Here's the key paragraph in https://www.fe...
by Kevin M
Tue Sep 01, 2020 6:46 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2282

Re: SEC 30 day yield vs Distribution yield

" I think it's incumbent on anyone who doesn't believe that bond premiums being pulled toward par at maturity will eventually result in decreased NAV, unless yields continue to fall, to show us the bond math that can make that happen." Of course they are, for bonds purchased at a premium. .. which ...
by Kevin M
Mon Aug 31, 2020 8:22 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2282

Re: SEC 30 day yield vs Distribution yield

If the yield is that good for a year or so then it fits my need for a year or so, at that point I'll decide what to do. Other than when the Prime Money Market had a good yield, I have not put any money into my Vanguard taxable account for at least 3 or 4 years. All that PMM money went to Ally when ...