Search found 9705 matches

by Kevin M
Tue Aug 14, 2018 8:38 pm
Forum: Investing - Theory, News & General
Topic: Swedroe's guidelines to Bonds
Replies: 133
Views: 13676

Re: Swedroe's guidelines to Bonds

Well on depositaccounts.com for 3 year CDs I am seeing it topping out at 2.7% myself That's weird. I see a number of 3-year CDs at 3% or higher, and I even see a 2-year at 3%, all at depositaccounts.com. So by "Vanguard CDs" you folks mean brokerage CDs? ; If so, as I recall there are some downside...
by Kevin M
Tue Aug 14, 2018 6:20 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

Thanks Kevin! That's a valid point. I have 5 year CD's from 2 years ago paying only about 2.0%, not a great hedge against reinvestment. This is about the same as Savings/MM rate I am getting now. So I will have to break these CD's sooner or later, I don't think it really makes a difference as to wh...
by Kevin M
Tue Aug 14, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: Swedroe's guidelines to Bonds
Replies: 133
Views: 13676

Re: Swedroe's guidelines to Bonds

Or I could tilt the whole thing towards treasuries, despite their losing to inflation Why do you think that treasuries will "lose to inflation?" :confused If I'm reading it correctly, Treasury Funds for 3 years are negative (but I am a rookie, I don't even know if the numbers include the coupon or ...
by Kevin M
Tue Aug 14, 2018 1:51 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

I am in a similar situation although I have some long term CD's most of my funds are in short term Savings/MM. It's a matter of time when it will become cost-effective to break the long term CD's for reinvestment into higher rate CD's. This here is my dilemma, if I am breaking a 5 year CD should I ...
by Kevin M
Mon Aug 13, 2018 7:27 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

One guideline is to extend maturity if you can earn an extra 20 basis points per extra year of maturity. With your MM fund at 1.55%, even the 3-month CD yield of 1.9% clears that hurdle by a lot. With a MM fund yield of 2.05%, the 1-year at 2.45% gives one 40 basis points of extra yield for extendi...
by Kevin M
Mon Aug 13, 2018 7:15 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

Treasuries have higher taxable-equivalent yield (TEY) for me at 2-year maturity, and are pretty much tied with CDs at 3-year maturity, so I would favor Treasuries out to 3-year maturity in a taxable account. However, I am not going further out than 2-year maturity in taxable with new cash due to re...
by Kevin M
Mon Aug 13, 2018 7:10 pm
Forum: Investing - Theory, News & General
Topic: Swedroe's guidelines to Bonds
Replies: 133
Views: 13676

Re: Swedroe's guidelines to Bonds

Today can get 5 year CD at about 3.5, and 5 year TIPS at .75, and expected inflation about 2.1 so about 65bp inflation insurance premium, which to me is on higher side, so I would choose, all else equal the CDs. At say 20-25bp I would choose TIPS, but should depend on your risk aversion to unexpect...
by Kevin M
Mon Aug 13, 2018 1:00 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

CDs make more sense at about 2 year maturity or longer. Agreed--at least in terms of yield, and in an IRA or if you pay little or no state income tax. Some will still prefer Treasuries at lower yields than CDs due to much better liquidity, and possible negative correlation when stocks tank. Treasur...
by Kevin M
Mon Aug 13, 2018 11:41 am
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

I'm looking at the CD rates for new issue @ Fidelity and just doesn't seem worth it compared to the MM which has a 7 day yield of around 1.55%. 3 month = 1.9%, 6m = 2%, 9m = 2.1%, 12m = 2.45% Maybe I'm missing something given rates are rising. I guess the FDIC is a big component but don't see a MM ...
by Kevin M
Sat Aug 11, 2018 8:59 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

Kevin, A related question: When you buy brokered CDs, do you care about which bank issued them? When looking at the offerings, I see a lot of US subsidiaries of foreign banks, and a number of smaller or newer domestic banking companies. I am aware that they are all FDIC insured. Nevertheless, are y...
by Kevin M
Sat Aug 11, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

I set aside my hangup over buying a premium CD once I experienced CDs I was holding going up in price and becoming premium CDs. You buy your portfolio every day. If I would hold a CD that I bought for a 100 that is now trading at 102, there is no reason I shouldn't be willing to buy a new one at 10...
by Kevin M
Sat Aug 11, 2018 12:55 pm
Forum: Investing - Theory, News & General
Topic: Jamie Dimon: Higher rates are coming
Replies: 42
Views: 6473

Re: Jamie Dimon: Higher rates are coming

If you're really worried about inflation, consider TIPS and I Bonds. Aren't I-Bonds currently returning negative real returns when you factor in taxes? Could be, but we're getting negative real returns even before taxes on other safe, relatively short-term nominal fixed-income, and we've been getti...
by Kevin M
Sat Aug 11, 2018 12:41 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

thanks kevin, that's a good way of looking at it. so if that's the case, why would one ever purchase BND over CD/treasuries (other than simplicity)? Perhaps exposure to securities with higher credit risk and accordant higher rates? I personally don't hold BND or equivalents, since I usually can ear...
by Kevin M
Fri Aug 10, 2018 8:12 pm
Forum: Investing - Theory, News & General
Topic: Jamie Dimon: Higher rates are coming
Replies: 42
Views: 6473

Re: Jamie Dimon: Higher rates are coming

Thanks for actually doing the math. I guess this is one of those where all we can do is watch and see what happens. As an accumulator in relatively early years, I just worry about inflation. It feels like the last 10 years I've been saving could get made worthless by rampant inflation. But I suppos...
by Kevin M
Fri Aug 10, 2018 8:04 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

Accidentally bought a 01/06/2021 maturity @ 105.042 for 3.025978% effective yield. So it matures in 2.4 years. I read that FDIC only covers up to par. It is Transportation Alliance Bank. Deposit accounts show B+... Safe and Sound shows 5 Do you guys avoid buying above par? https://www.depositaccoun...
by Kevin M
Thu Aug 09, 2018 2:21 pm
Forum: Investing - Theory, News & General
Topic: Jamie Dimon: Higher rates are coming
Replies: 42
Views: 6473

Re: Jamie Dimon: Higher rates are coming

I agree. But anecdotally it feels like inflation is picking up faster than CDs/savings rates/treasury rates. I am too tired/lazy to look up rather my "feeling" has any connection with reality. But nonetheless, it's a concern. That inflation is going to pick up regardless, so I would kind of like tr...
by Kevin M
Thu Aug 09, 2018 12:26 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

indeed, this week, just before we funded the justice fcu 24-month %3.354 cd along comes the freedom fcu 30-month %3.56 offer. we changed gears, and hope to have that funded tomorrow. still, as I look at some of the low rates in our cd ladder (1.4%, 2%, etc), I wonder, even with the loss of principa...
by Kevin M
Thu Aug 09, 2018 11:38 am
Forum: Investing - Help with Personal Investments
Topic: TIL about "brokered CDs" - Chasing 1 year yield
Replies: 4
Views: 698

Re: TIL about "brokered CDs" - Chasing 1 year yield

What is your state marginal tax rate? Thanks for your reply. No state income tax. 1 year Treasury looks about 2.4%. 2-year Treasury looks like 2.67%. 3 year 2.755%. I guess this was my attraction to the Vanguard Intermediate/Long municipal bond funds, since I don't have the state tax issue to conte...
by Kevin M
Wed Aug 08, 2018 8:20 pm
Forum: Investing - Help with Personal Investments
Topic: TIL about "brokered CDs" - Chasing 1 year yield
Replies: 4
Views: 698

Re: TIL about "brokered CDs" - Chasing 1 year yield

What is your state marginal tax rate? If you pay state income tax, Treasuries could be better than CDs in taxable accounts. Even if no state income tax, a 1-year Treasury has about the same yield as a 1-year brokered CD, so given better liquidity of Treasuries, a 1-year Treasury would be preferable....
by Kevin M
Wed Aug 08, 2018 7:51 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

I understand the ease of brokered cds and they are often within 20 basis points of the broader cd market but in the current market, I think it pays to purchase outside of fidelity, vanguard and schwab. Things can change quickly. When I was last actively looking for alternatives to deploy proceeds f...
by Kevin M
Tue Aug 07, 2018 9:48 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

Sallie Mae has a bunch of 08/09/2021 maturity at 3.11% after fee on Fidelity - 795450U60 Out of curiosity I have just looked for the same CD on Schwab, and it is not available. In addition, best new issue on Schwab for 2/3yr is 2.80/3.00. On Fidelity it is 2.85/3.05. On Vanguard, 795450U60 is avail...
by Kevin M
Tue Aug 07, 2018 9:27 pm
Forum: Personal Finance (Not Investing)
Topic: Another CD Ladder Thread
Replies: 27
Views: 2435

Re: Another CD Ladder Thread

Lastly, CDs are a bad investment; <snip> Wrong! The CDs you've bought are not great, since the rates are lower than money market rates or good savings account rates. However, CDs in general can be an excellent fixed-income alternative, depending on the fixed-income environment, the type of account,...
by Kevin M
Tue Aug 07, 2018 12:50 pm
Forum: Investing - Help with Personal Investments
Topic: Vanguard Municipal Money Market VMSXX 1.39%
Replies: 231
Views: 27197

Re: Vanguard Municipal Money Market VMSXX 1.39%

Here's the updated chart for my marginal tax rates of 27% fed and 8% CA: https://s26.postimg.cc/uky9vq6k9/Screenshot_2018-08-07_Vanguard_Fund_Yields.png Interesting that Prime MM yield dropped one basis point over the weekend, when the muni MM yields jumped. Treasury MM still has highest TEY for me ...
by Kevin M
Mon Aug 06, 2018 8:02 pm
Forum: Personal Finance (Not Investing)
Topic: Another CD Ladder Thread
Replies: 27
Views: 2435

Re: Another CD Ladder Thread

keepingitsimple wrote:
Sun Aug 05, 2018 10:42 pm
The coupon will pay what it pays and the issuing bank will determine how interest is compounded.
There is no compounding for brokered CDs, so the issuing bank does not determine anything about compounding for brokered CDs, which is what I believe you are talking about.

Kevin
by Kevin M
Sun Aug 05, 2018 10:25 pm
Forum: Personal Finance (Not Investing)
Topic: Another CD Ladder Thread
Replies: 27
Views: 2435

Re: Another CD Ladder Thread

Taxable account or IRA? If taxable, what are your estimated marginal federal and state tax rates for 2018 and beyond? I ask because Treasuries can have higher taxable-equivalent yields (TEYs) out to two or three-year maturities in taxable if you pay state income tax, but CDs beat Treasuries at 2-yea...
by Kevin M
Sun Aug 05, 2018 10:13 pm
Forum: Investing - Help with Personal Investments
Topic: Market Timing Bonds vs. Money Market with Rising Interest Rates
Replies: 27
Views: 2832

Re: Market Timing Bonds vs. Money Market with Rising Interest Rates

There is more than one interest rate. The Fed sets a target for short-term rates, but it doesn't directly affect long-term rates. This is the key to understanding. Here is a graphic demonstration of this: https://fred.stlouisfed.org/graph/fredgraph.png?g=kM5L Note that despite a large increase in t...
by Kevin M
Sun Aug 05, 2018 9:33 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 112
Views: 11197

Re: Treasury Bonds are the Only Bonds You Need

Minor (I think) quibble: While I totally agree that TIPS make more sense, if you are going to use nominals, they should match your investment horizon(s). However, now that we have TIPS, why anybody would use nominals rather than TIPS for lifecycle investing is beyond me. I actually think the quibbl...
by Kevin M
Sun Aug 05, 2018 5:29 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 112
Views: 11197

Re: Treasury Bonds are the Only Bonds You Need

However, if they have access to a good stable value fund with a decent yield, I'd prefer that. Kevin I’m at 40% TBM & 10% capital preservation portfolio (roughly 2 yrs expenses). Are you suggesting more CPP would be better? Only other bond fund available to me is PIMIX.I am retiring very soon. http...
by Kevin M
Sun Aug 05, 2018 3:38 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 112
Views: 11197

Re: Treasury Bonds are the Only Bonds You Need

Picking a duration that is significantly shorter or longer than your investment horizon is an ACTIVE decision to make a bet on the direction of future interest rates (and in a complicated way that view investors understand). I mean on this logic, any long-term investor should be entirely in long-te...
by Kevin M
Sat Aug 04, 2018 4:11 pm
Forum: Investing - Help with Personal Investments
Topic: Help With CD's
Replies: 20
Views: 2605

Re: Help With CD's

Thanks. What happens when you've filled up the 12% bracket and are in 22%? Does you marginal rate decline to 22%? I think the CG bump effect problem goes away, until you get to 479K, when CG goes to 20% (or 23.8%) Exactly. Your taxable income is higher, but your marginal tax rate can decline once y...
by Kevin M
Sat Aug 04, 2018 4:08 pm
Forum: Investing - Theory, News & General
Topic: Is SEC yield of any value?
Replies: 42
Views: 5027

Re: Is SEC yield of any value?

Claims of a 30+ year bull market in bonds must account for the fact all the original securities matured at face value within the cited interval. But no one made any claim about a 30-year bond bull market in this thread--at least I can't find the term "bull market" anywhere in the thread before you ...
by Kevin M
Thu Aug 02, 2018 6:51 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 112
Views: 11197

Re: Treasury Bonds are the Only Bonds You Need

Picking a duration that is significantly shorter or longer than your investment horizon is an ACTIVE decision to make a bet on the direction of future interest rates (and in a complicated way that view investors understand). I mean on this logic, any long-term investor should be entirely in long-te...
by Kevin M
Wed Aug 01, 2018 2:35 pm
Forum: Investing - Help with Personal Investments
Topic: Help With CD's
Replies: 20
Views: 2605

Re: Help With CD's

12% bracket plus every dollar pushes a dollar of capital gains from 0% to 15%, correct? Exactly. Kevin Is that the answer to my question, below? Yes. I believe you, but it's hard for me to see how someone in the 12% bracket ends up at 27% Not really the point, but how does one get a 27% federal rat...
by Kevin M
Wed Aug 01, 2018 10:06 am
Forum: Investing - Help with Personal Investments
Topic: Help With CD's
Replies: 20
Views: 2605

Re: Help With CD's

mega317 wrote:
Tue Jul 31, 2018 10:51 pm
12% bracket plus every dollar pushes a dollar of capital gains from 0% to 15%, correct?
Exactly.

Kevin
by Kevin M
Tue Jul 31, 2018 8:24 pm
Forum: Investing - Help with Personal Investments
Topic: Help With CD's
Replies: 20
Views: 2605

Re: Help With CD's

Is this in IRA(s) or taxable account(s)? If in taxable, what are your federal and state marginal tax rates? I can't tell you what's best for you, but I can tell you what I've been doing lately, and what I'd do if I had more CDs maturing now. In an IRA, I prefer brokered CDs at 2-year and 3-year matu...
by Kevin M
Tue Jul 31, 2018 8:07 pm
Forum: Investing - Theory, News & General
Topic: Treasury Bonds are the Only Bonds You Need
Replies: 112
Views: 11197

Re: Treasury Bonds are the Only Bonds You Need

Article argues that you should probably use Treasuries as your bond allocation and forget about aggregate bond index funds, for the two reasons below. I recall that Larry Swedroe made the same point about bonds. This has always been my approach since reading Larry, and I'm glad to see supporting ev...
by Kevin M
Tue Jul 31, 2018 6:09 pm
Forum: Investing - Theory, News & General
Topic: 2-year CDs at Vanguard and Fidelity Today
Replies: 379
Views: 52190

Re: 2-year CDs at Vanguard and Fidelity Today

Kevin - Have you purchased any callable CD's? Not that I recall, and certainly not recently. I think call protected (not callable) is the default in the search criteria, and I've never changed it when I've changed other things. I just started buying CD's on the secondary market and have in the past...
by Kevin M
Tue Jul 31, 2018 1:10 pm
Forum: Investing - Help with Personal Investments
Topic: 1 year treasuries @ 2.4% instead of bond funds?
Replies: 32
Views: 3550

Re: 1 year treasuries @ 2.4% instead of bond funds?

aaronl wrote:
Tue Jul 31, 2018 2:15 am
Has anyone noticed how short-term muni funds are pretty uncompetitive with treasuries right now?
Just looking at Fidelity's Yield summary page, Treasury TEY beats AA muni TEY out to 3-year maturity for me at 27% and 8% marginal tax rates.

Kevin
by Kevin M
Mon Jul 30, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: Achieva offers 4.2% 5 year IRA CD for $75k or >
Replies: 31
Views: 5053

Re: Achieva offers 4.2% 5 year IRA CD for $75k or >

I think I already posted this in another thread, but it fits here. I was already a member with two IRA CDs earning something like 2.7%. Did the math, and paying the early withdrawal penalty (EWP) to do early withdrawals to reinvest at 4.2% was still a very good deal, so was ready to do it. Then foun...
by Kevin M
Mon Jul 30, 2018 10:00 am
Forum: Personal Finance (Not Investing)
Topic: An argument against self-insuring for long-term care
Replies: 214
Views: 10328

Re: An argument against self-insuring for long-term care

3. LTC insurance should be to protect against situations where LTC is needed for extended periods of time, many years. My step-father recently asked me to advise on a change being offered for his LTC policy. They were offering a lower price (maybe keep the price the same) if he reduced the maximum ...
by Kevin M
Mon Jul 30, 2018 9:40 am
Forum: Investing - Help with Personal Investments
Topic: After tax equivalence of Vanguard bond funds in taxable space
Replies: 5
Views: 579

Re: After tax equivalence of Vanguard bond funds in taxable space

Your formulas look correct if you are not deducting state income tax on Schedule A for marginal income. This could be the case if you take the standard deduction, or if you have exceeded the SALT cap of $10K, so are not getting a state income tax deduction on marginal income. If you itemize and dedu...
by Kevin M
Sun Jul 29, 2018 7:06 pm
Forum: Personal Finance (Not Investing)
Topic: are dividends taxed as a "step bracket" ?
Replies: 8
Views: 944

Re: are dividends taxed as a "step bracket" ?

Just to elaborate a bit on the replies so far, you could have some taxed at 0% and some at 15%, all taxed at 15%, some at 15% and some at 20%, or all at 20%. This ignores the net investment income tax of 3.8%, which some have already mentioned, so you need to add that on at higher incomes. For the m...
by Kevin M
Sun Jul 29, 2018 6:58 pm
Forum: Investing - Help with Personal Investments
Topic: Best place to park a large amount of cash for a year
Replies: 13
Views: 1643

Re: Best place to park a large amount of cash for a year

Yield on 1-year Treasury is about 2.4%. If you pay state income tax, the taxable-equivalent yield (TEY) is even higher. For example, at my marginal tax rates of 27% fed and 8% state, not itemizing, TEY for a 1-year Treasury at 2.4% is about 2.7%. No worries about FDIC insurance regardless of amount...
by Kevin M
Sun Jul 29, 2018 6:42 pm
Forum: Investing - Help with Personal Investments
Topic: 1 year treasuries @ 2.4% instead of bond funds?
Replies: 32
Views: 3550

Re: 1 year treasuries @ 2.4% instead of bond funds?

Am i missing something here or is it a no brainer to go with tbills? I wouldn't say it's a no-brainer, but I do like 1-year Treasuries, especially in taxable accounts if you pay state income tax. Yield curve is quite steep out to one year maturity, and reasonably steep out to 2-year maturity, so I'...
by Kevin M
Sun Jul 29, 2018 6:27 pm
Forum: Investing - Help with Personal Investments
Topic: Best place to park a large amount of cash for a year
Replies: 13
Views: 1643

Re: Best place to park a large amount of cash for a year

Yield on 1-year Treasury is about 2.4%. If you pay state income tax, the taxable-equivalent yield (TEY) is even higher. For example, at my marginal tax rates of 27% fed and 8% state, not itemizing, TEY for a 1-year Treasury at 2.4% is about 2.7%. No worries about FDIC insurance regardless of amount....
by Kevin M
Sat Jul 28, 2018 3:15 pm
Forum: Investing - Theory, News & General
Topic: In Search of... the Inverted Yield Curve
Replies: 17
Views: 2226

Re: In Search of... the Inverted Yield Curve

This may be a useful resource: Paper and Data on Yield Curve from the Fed: The Federal Reserve Board The U.S. Treasury Yield Curve: 1961 to the Present Refet S. Gurkaynak, Brian Sack, and Jonathan H. Wright 2006-28 https://www.federalreserve.gov/pubs/feds/2006/200628/200628abs.html Added: Trying to...
by Kevin M
Fri Jul 27, 2018 7:51 pm
Forum: Investing - Theory, News & General
Topic: New Bond Money, Flat Yield Curve, Rising Rates
Replies: 27
Views: 2213

Re: New Bond Money, Flat Yield Curve, Rising Rates

I could be wrong, but I think Larry was referring primarily to default risk, ie, since you don't get paid enough over Treasuries for the default risk of corporate or junk, it' makes more sense to take your risks with their stock/equity. As far as duration, last I recall, he was advising going out n...
by Kevin M
Fri Jul 27, 2018 7:30 pm
Forum: Investing - Theory, News & General
Topic: Taxable vs Tax free growth calculator
Replies: 4
Views: 659

Re: Taxable vs Tax free growth calculator

Hello, Is there a calculator available which can help compare the growth of a fund with dividends reinvested in both a taxable vs a tax free account (Roth). Just curious at looking at this data. Thanks. Do you have basic spreadsheet skills? If so, it's possible to work this out yourself. Depending ...
by Kevin M
Fri Jul 27, 2018 1:08 pm
Forum: Investing - Theory, News & General
Topic: Small caps are getting crushed today
Replies: 20
Views: 2945

Re: Small caps are getting crushed today

I see Vanguard small-cap ETF (VB) down 1.80% at the lowest, now down 1.36%. BUT, it's still 20.69% above it's 52-week low, while VG total US market (VTI) is "only" 17.32% above its 52-week low (of course the exact numbers will be different by the time you read this).

Kevin
by Kevin M
Fri Jul 27, 2018 12:52 pm
Forum: Investing - Theory, News & General
Topic: Bonds: VG Treasury Funds vs ETFs vs Ladders
Replies: 21
Views: 2042

Re: Bonds: VG Treasury Funds vs ETFs vs Ladders

It really sounds to me like you're double-counting the benefit of "riding the yield curve". I say "No, you shouldn't care", but with a caveat. Did you bother to even look at all the articles describing the effect? For one example from Forbes: One of the Most Profitable Strategies in Bond Investing ...