Search found 234 matches

by smectym
Thu Nov 15, 2018 2:39 am
Forum: Investing - Help with Personal Investments
Topic: 34 y/o & received a 72k inheritance; requesting feedback on my asset allocation/plan
Replies: 6
Views: 755

Re: 34 y/o & received a 72k inheritance; requesting feedback on my asset allocation/plan

Hey TM, your inheritance is a big deal in any event, but especially if we lend credence to statistics which suggest that the median net worth of those under 35 is something like $11,000.

Smectym
by smectym
Thu Nov 15, 2018 2:18 am
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 92
Views: 11692

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

My portfolio has gone down by $12000 over the past few days. I know people on here say it's a blip on the radar, but when I think about what I have to go through to earn $12k ($12k = two months of STRESSFUL hard work) it doesn't seem that trivial any more. Have you thought about how many months you...
by smectym
Thu Nov 15, 2018 2:04 am
Forum: Investing - Help with Personal Investments
Topic: I can't take this anymore=) I'm selling stocks and buying bonds!
Replies: 92
Views: 11692

Re: I can't take this anymore=) I'm selling stocks and buying bonds!

Hi everyone, With all the swings up and down recently I am finding that it's too much volatility for me. My portfolio has gone down by $12000 over the past few days. I know people on here say it's a blip on the radar, but when I think about what I have to go through to earn $12k ($12k = two months ...
by smectym
Tue Nov 13, 2018 12:41 am
Forum: Investing - Theory, News & General
Topic: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?
Replies: 64
Views: 3186

Re: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?

Nor do I agree with the often-heard counter-argument that if an investor is unprepared to stomach the volatility that can lead to occasional 50% declines, then the investor should adjust the portfolio “to the sleeping point.” Really horrible idea. Our investor doesn’t object to volatility per se: on...
by smectym
Tue Nov 13, 2018 12:10 am
Forum: Investing - Theory, News & General
Topic: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?
Replies: 64
Views: 3186

Re: "Rules-Based Risk Management System" = Market Timing = Momentum/Trend Following?

As a side node, IMHO using bonds as the safe asset in the backtest is overly optimistic considering the era PV has data for. The chance of treasuries repeating their performance since 1980 is basically zero unless you think yields could drop to -5% or so. Especially as a Euro area guy, I'm not expe...
by smectym
Mon Nov 12, 2018 12:01 am
Forum: Investing - Help with Personal Investments
Topic: Move savings to Prime Money Market Fund (VMMXX)
Replies: 55
Views: 7379

Re: Move savings to Prime Money Market Fund (VMMXX)

For these reasons I prefer Vanguard's Federal MM over Prime MM. How do I find out how much of Federal MM is taxable in my state? I found the PDF that showed the taxable percentages for their municipal funds, but nothing on Federal MM. 69.86% from US Govt Obligations. https://personal.vanguard.com/p...
by smectym
Sun Nov 11, 2018 2:30 am
Forum: Investing - Help with Personal Investments
Topic: Is it a waste keeping money in a money market account?
Replies: 33
Views: 7013

Re: Is it a waste keeping money in a money market account?

I have about $60K in a money market account, with $15-20K of that being allotted for emergency fund and the rest for a down payment. I hate leaving this much in a money market account however I may need it within the next few years. Is this a suitable place to store this much money given my goals o...
by smectym
Sun Nov 11, 2018 1:46 am
Forum: Investing - Help with Personal Investments
Topic: Is it a waste keeping money in a money market account?
Replies: 33
Views: 7013

Re: Is it a waste keeping money in a money market account?

I have about $60K in a money market account, with $15-20K of that being allotted for emergency fund and the rest for a down payment. I hate leaving this much in a money market account however I may need it within the next few years. Is this a suitable place to store this much money given my goals o...
by smectym
Sun Nov 11, 2018 1:23 am
Forum: Investing - Help with Personal Investments
Topic: Is it a waste keeping money in a money market account?
Replies: 33
Views: 7013

Re: Is it a waste keeping money in a money market account?

Vanguard Prime is a great money market fund, and quite conservatively managed. Expenses low, yield high. However, I still prefer Vanguard’s all-Treasury-bill fund, Vanguard Treasury Money Market VUSXX, with a current yield at 2.12%, just slightly behind Prime, but bearing lower risk. Prime invests i...
by smectym
Sat Oct 27, 2018 11:45 pm
Forum: Investing - Help with Personal Investments
Topic: Series I Savings Bonds
Replies: 35
Views: 3816

Re: Series I Savings Bonds

A few reasons to own I Bonds in one's taxable account: 1. That's the only place you can own them. 2. They expand one's tax-deferred space. (Additional tax-deferral for up to 30 years.) 3. They're risk-free. 4. They offer guaranteed INflation protection. 4. They also offer DEflation protection. (The...
by smectym
Mon Oct 22, 2018 10:50 pm
Forum: Investing - Theory, News & General
Topic: Protecting large sums of cash.
Replies: 30
Views: 3999

Re: Protecting large sums of cash.

People have mentioned CDARS. There is a sister product called ICS (Insured Cash Sweep) that works the same way but is a demand deposit: https://www.insuredcashsweep.com/ Basically, these sweep your deposits to other banks where they are held on your behalf and each sweep bank comes with an addition...
by smectym
Mon Oct 22, 2018 12:18 am
Forum: Investing - Help with Personal Investments
Topic: Any government guaranteed money market funds available?
Replies: 8
Views: 987

Re: Any government guaranteed money market funds available?

Hello, I wanted to know if there are any U.S. government guaranteed money market funds available? (Funds are different than accounts). Vanguard offers a Prime Market Account and a Federal Money Market Fund.....neither is guaranteed by the U.S. government. As far as I know, savings accounts in banks...
by smectym
Sun Oct 21, 2018 11:49 pm
Forum: Investing - Theory, News & General
Topic: Moneytalk with Bob Brinker coming to an end
Replies: 70
Views: 10366

Re: Moneytalk with Bob Brinker coming to an end

Anyone remember his phrase: being in the catbird seat? I did hear Brinker make reference to being “in the catbird seat” once or twice. Brinker may have picked the expression up from a well-known short story by James Thurber, http://thereycenter.org/uploads/3/4/3/2/3432754/thecatbirdseat_thurber.pdf...
by smectym
Thu Oct 18, 2018 1:41 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 74
Views: 9984

Re: Larry Swedroe: Prepare For The Bear

Swedroe’s article disingenuously offers that “there is an old saying” that “there is a time for every activity...” etc. (pre-lapsarians may recall the literate version of Ecclesiastes 3.1,”To everything there is a season; and a time to every purpose under heaven.”) This is Swedroe stealth quoting f...
by smectym
Wed Oct 17, 2018 1:04 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 74
Views: 9984

Re: Larry Swedroe: Prepare For The Bear

Swedroe’s article disingenuously offers that “there is an old saying” that “there is a time for every activity...” etc. (pre-lapsarians may recall the literate version of Ecclesiastes 3.1,”To everything there is a season; and a time to every purpose under heaven.”) This is Swedroe stealth quoting fr...
by smectym
Wed Oct 17, 2018 12:28 am
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 74
Views: 9984

Re: Larry Swedroe: Prepare For The Bear

There is a vibe that this market is one bad hair day from a nervous breakdown. I don't subscribe, but the large swings may indicate that there is some substance to the fear. The wounds of 2008--2009 were very deep, and haven't completely healed (if ever). Having conviction on the direction of the m...
by smectym
Tue Oct 16, 2018 11:54 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Prepare For The Bear
Replies: 74
Views: 9984

Re: Larry Swedroe: Prepare For The Bear

It seems to me that a Boglehead should always be prepared for the bear. :moneybag To the extent that the correct boglehead reaction to a bear market is to “tune out the noise” and do nothing while the portfolio principal melts away (“staying the course”), not clear what preparation you refer to: ze...
by smectym
Tue Oct 16, 2018 11:39 pm
Forum: Personal Finance (Not Investing)
Topic: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018
Replies: 69
Views: 13838

Re: The Next Millionaire Next Door: Enduring Strategies for Building Wealth Hardcover will be released October 1, 2018

I’m a millionaire (very much “next door,” or even “down in the alley,” I buy the $0.88 loaves of bread and all that) and I can tell you there’s nothing to “becoming a millionaire” and it’s overrrated. Who cares? Life was better when we had nothing.

Smectym
by smectym
Tue Oct 16, 2018 11:20 pm
Forum: Investing - Theory, News & General
Topic: Vanguard screws up rollover from TSP
Replies: 41
Views: 4436

Re: Vanguard screws up rollover from TSP

I’ve been with Vanguard forever. I recently suggested to my spouse that she roll over 10% of her Schwab IRA (there because while she worked it had been a Schwab 401(k)), to give Vanguard a try, due to certain sub-optimal aspects of the Schwab relationship that aren’t relevant here. Spouse agreed. Bu...
by smectym
Tue Oct 16, 2018 11:03 pm
Forum: Personal Finance (Not Investing)
Topic: What do you consider 'enough'?
Replies: 96
Views: 11298

Re: What do you consider 'enough'?

Perhaps posts responding to the query, “What do you consider ‘enough’?” that fail to state the number the poster would consider “enough,” should be screened out by the moderator. That would prune the dozens of posts above to what: zero? As to Bogle’s book: the title says it all. Maybe add an exclama...
by smectym
Tue Oct 16, 2018 1:36 am
Forum: Investing - Help with Personal Investments
Topic: Have you annuitized some of your money?
Replies: 67
Views: 5847

Re: Have you annuitized some of your money?

I have been playing around with the idea of a 15 year annuity to bridge the gap between 52 to 67 as part of a FIRE plan. The annuity would run out and SS would start up to take the place of the monthly annuity income at age 67. Anyone consider this and have thoughts? Also, in comparing annuities, w...
by smectym
Mon Oct 15, 2018 12:11 am
Forum: Investing - Theory, News & General
Topic: Treasuries in higher tax state
Replies: 12
Views: 1187

Re: Treasuries in higher tax state

If you buy Treasury bonds in a brokerage account, you will pay spreads, just as on any other trade in a brokerage account. However, spreads on Treasuries are very low. Alternatively, you can buy new-issue Treasury bonds from Treasury Direct. Another way to invest in Treasury bonds is through a Trea...
by smectym
Sun Oct 14, 2018 11:57 pm
Forum: Investing - Theory, News & General
Topic: Treasuries in higher tax state
Replies: 12
Views: 1187

Re: Treasuries in higher tax state

OP, you’re definitely on to something. Yes, if a saver in a high-tax state (like mine) opts for a bank CD “because its insured by the FDIC,” and ignores the option of direct, commission- and fee-free investing in Treasury securities through Treasury Direct, that saver is probably getting the short e...
by smectym
Fri Oct 12, 2018 10:29 am
Forum: Investing - Theory, News & General
Topic: A Roadmap For The Upcoming US Treasury Bull Market
Replies: 40
Views: 3858

Re: A Roadmap For The Upcoming US Treasury Bull Market

https://www.advisorperspectives.com/articles/2018/10/08/a-roadmap-for-the-upcoming-u-s-treasury-bull-market-1 Article on where we currently stand in regards to the Fed funds rate, 2 year and 30 yr treasury rates. Should not matter to the die hard buy and holders, but for any of us who use tactical/...
by smectym
Fri Oct 12, 2018 12:04 am
Forum: Investing - Help with Personal Investments
Topic: 6 month Treasury Note: "Bond" or "Cash"?
Replies: 47
Views: 3717

Re: 6 month Treasury Note: "Bond" or "Cash"?

Just curious how you would classify this investment? No matter what you would classify this as, I would be interested in the "cross over" point, what is the threshold for an investment to be a bond? Is is based on duration, liquidity, what? Does cash imply it is immediately available? I have put ab...
by smectym
Thu Oct 11, 2018 2:35 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11735

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

I have money that I cannot afford to lose. Should I put that money in Vanguard Total Bond Market, or should I put it in Vanguard Treasury Money Market, or maybe I-bonds or bank CD's? Thanks, Smectym If you truly can't afford any loss of principal for any period, you need instruments with essentiall...
by smectym
Thu Oct 11, 2018 2:09 am
Forum: Investing - Theory, News & General
Topic: Is it smart to hold more cash right now?
Replies: 16
Views: 1748

Re: Is it smart to hold more cash right now?

No problem with the buy the dip strategy...once it’s clear the selling is exhausted. Of course if the selling isn’t exhausted, buying the dip is, um, what? Premature. I agree with that, the way I deal with this is by thinking that I am still better off than if I had bought last week. In fact I boug...
by smectym
Thu Oct 11, 2018 1:53 am
Forum: Investing - Theory, News & General
Topic: Is it smart to hold more cash right now?
Replies: 16
Views: 1748

Re: Is it smart to hold more cash right now?

No problem with the buy the dip strategy...once it’s clear the selling is exhausted. Of course if the selling isn’t exhausted, buying the dip is, um, what? Premature. I agree with that, the way I deal with this is by thinking that I am still better off than if I had bought last week. In fact I boug...
by smectym
Thu Oct 11, 2018 1:45 am
Forum: Investing - Theory, News & General
Topic: "Do not invest with Vanguard if you are a market-timer." - Vanguard
Replies: 12
Views: 2630

Re: "Do not invest with Vanguard if you are a market-timer." - Vanguard

I’d say Vanguard does, in fact, have a high tolerance for market timing.... Vanguard Group begins an investing experiment that pushes free ETF trading to its limit https://www.google.com/amp/s/www.cnbc.com/amp/2018/08/01/vanguard-group-begins-key-experiment-in-the-new-era-of-free-investing.html Agr...
by smectym
Thu Oct 11, 2018 1:28 am
Forum: Investing - Theory, News & General
Topic: "Do not invest with Vanguard if you are a market-timer." - Vanguard
Replies: 12
Views: 2630

Re: "Do not invest with Vanguard if you are a market-timer." - Vanguard

I’d say Vanguard does, in fact, have a high tolerance for market timing.... Vanguard Group begins an investing experiment that pushes free ETF trading to its limit https://www.google.com/amp/s/www.cnbc.com/amp/2018/08/01/vanguard-group-begins-key-experiment-in-the-new-era-of-free-investing.html Agr...
by smectym
Thu Oct 11, 2018 1:22 am
Forum: Investing - Help with Personal Investments
Topic: anybody sell I Bonds to buy something else?
Replies: 38
Views: 3597

Re: anybody sell I Bonds to buy something else?

Back in the olden days, when one could buy $30k per person per year online with a credit card for no fee and they could be redeemed in 6 months, I'd regularly sell them to pay for the new ones I bought to get airline miles to upgrade the entire family to first class going to Aruba. I've also sold t...
by smectym
Thu Oct 11, 2018 1:05 am
Forum: Investing - Theory, News & General
Topic: Is it smart to hold more cash right now?
Replies: 16
Views: 1748

Re: Is it smart to hold more cash right now?

I'm not entirely sure if this falls under the "market timing" umbrella, however a lot of posters here (even those who stay the course) agree that valuations are high. I'm very heavy in stocks and US stocks and they're so high right now, I'm wondering if it would be smart to increase my "emergency f...
by smectym
Wed Oct 10, 2018 1:03 am
Forum: Personal Finance (Not Investing)
Topic: You're in the Top 1% if you have $2.5 million
Replies: 21
Views: 3476

Re: You're in the Top 1% if you have $2.5 million

willthrill81 wrote:
Wed Oct 10, 2018 12:21 am
Begin the countdown to thread lockdown due to not being personal or actionable....3....2....1.....
Do it. Shut her down. The d#*n thread isn't personal. And plus: its not ACTIONABLE. So I vote with willthrill, and besides I'm a Giants fan, so..hell yes

Smectym
by smectym
Wed Oct 10, 2018 12:46 am
Forum: Personal Finance (Not Investing)
Topic: You're in the Top 1% if you have $2.5 million
Replies: 21
Views: 3476

Re: You're in the Top 1% if you have $2.5 million

I'd also note that the typical trust management firm seeking "ultra-high-net worth" client assets sneers at sub-$30M portfolios. It's my impression that apart from the very tiny, walled-off sect of billionaires and those reasonably aspiring to become billionaires, you need to have $30-50M to cut any...
by smectym
Wed Oct 10, 2018 12:19 am
Forum: Personal Finance (Not Investing)
Topic: You're in the Top 1% if you have $2.5 million
Replies: 21
Views: 3476

Re: You're in the Top 1% if you have $2.5 million

Yes we'd love to be there but I think you need something north of $8M in *investable* net worth to rank in the top 1% by that metric. That's a lower number than total net worth, which includes principal residence, the collectible Jag in the fourth garage space, etc.

Smectym
by smectym
Tue Oct 09, 2018 10:56 pm
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11735

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

I have money that I cannot afford to lose.
Should I put that money in Vanguard Total Bond Market, or should I put it in Vanguard Treasury Money Market, or maybe I-bonds or bank CD's?

Thanks,

Smectym
by smectym
Tue Oct 09, 2018 10:34 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Be Prepared For Losses
Replies: 100
Views: 12266

Re: Larry Swedroe: Be Prepared For Losses

To the extent that "be prepared for losses" means "be prepared to sit there and watch the portfolio decline by 30-40-50% because that does happen, you know, and we bogleheads must tune out the noise," such advice is suspect. It doesn't make sense for many investors at any age to fail to make defens...
by smectym
Tue Oct 09, 2018 10:22 pm
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14993

Re: Should we stay in Crazytown because there's no where to run?

400K is equivalent to how many years of savings. Aka, it will take you how many years to recover that money. Except... you still own the shares. You don't really have to save the money again, assuming the stock market bounces back in a few years. That's a big assumption, but so far that's the patte...
by smectym
Mon Oct 08, 2018 11:28 pm
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11735

Re: Asset-allocation in retirement? My simple plan.

Bogleheads: We have many posts and many different opinions about the best Asset-Allocation in retirement. My asset-allocation is simple: * I put what I cannot afford to lose in safe fixed-income , primarily Total Bond Market for 1-fund bond diversification. * I put the rest in stocks , primarily Va...
by smectym
Mon Oct 08, 2018 11:12 pm
Forum: Investing - Theory, News & General
Topic: Larry Swedroe: Be Prepared For Losses
Replies: 100
Views: 12266

Re: Larry Swedroe: Be Prepared For Losses

To the extent that "be prepared for losses" means "be prepared to sit there and watch the portfolio decline by 30-40-50% because that does happen, you know, and we bogleheads must tune out the noise," such advice is suspect. It doesn't make sense for many investors at any age to fail to make defensi...
by smectym
Mon Oct 08, 2018 10:55 pm
Forum: Investing - Help with Personal Investments
Topic: Investing in total bond funds now?
Replies: 8
Views: 1799

Re: Investing in total bond funds now?

Yields are higher than they have been in 6-7 years. Should be a fine time to buy. They could go higher still, but then again, stocks could crash and you will be very glad you have some of your portfolio in bonds. Aristotelian, money market fund yields are also higher than they have been in 6-7 year...
by smectym
Mon Oct 08, 2018 2:08 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11735

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

So adjust your asset allocation based on the outlook of the market going forward? It's not market timing if it's Bogle! Ari, I think the question is, does inflexible adherence to Boglehead principles work in 100% of market scenarios, or only in, say 97.6%. Maybe 2.4% of the time, you’re on your own...
by smectym
Mon Oct 08, 2018 1:11 am
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11735

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

Whose sleeping point? I try to keep in mind that as the self-appointed “money management guy” in the family, loved ones are counting on me not to screw it up. I’m not going to be able to explain away a devastating market loss to family members by quoting Bogleheadian strictures against market timin...
by smectym
Sun Oct 07, 2018 1:04 pm
Forum: Investing - Theory, News & General
Topic: “It’s probably wise to sell to the sleeping point.” - Jack Bogle
Replies: 83
Views: 11735

Re: “It’s probably wise to sell to the sleeping point.” - Jack Bogle

Whose sleeping point? I try to keep in mind that as the self-appointed “money management guy” in the family, loved ones are counting on me not to screw it up. I’m not going to be able to explain away a devastating market loss to family members by quoting Bogleheadian strictures against market timing...
by smectym
Sun Sep 30, 2018 12:48 am
Forum: Investing - Theory, News & General
Topic: Moneytalk with Bob Brinker coming to an end
Replies: 70
Views: 10366

Re: Moneytalk with Bob Brinker coming to an end

“Critical Mass” (i.e., “smallest amount of fissile material needed for a sustained nuclear chain reaction”),is Brinker’s interesting application to personal finance of a term originally drawn from thermonuclear physics. Of course the term resonates with the Cold War climate in which Brinker and his ...
by smectym
Sat Sep 29, 2018 11:53 am
Forum: Investing - Theory, News & General
Topic: Should we stay in Crazytown because there's no where to run?
Replies: 129
Views: 14993

Re: Should we stay in Crazytown because there's no where to run?

It’s exactly “Crazytown” that definitely proves the market can’t be timed. A lot of “smartest guys in the room” have hated this rally all the way up. They could intimidate you or me with their command of detailed market metrics and their study of market history. They “get” chart lore like skew and k...
by smectym
Fri Sep 28, 2018 11:50 pm
Forum: Personal Consumer Issues
Topic: Seeking Alpha pro membership, your thoughts
Replies: 17
Views: 2570

Re: Seeking Alpha pro membership, your thoughts

I just belatedly ran into this new “business model,” hadn’t noticed it before. Duke Energy is one of the few companies I own direct shares in so occasionally I’d pop onto SA to see if there was any news. Now I see that most of the articles re DUK are behind a paywall. OK: I’d never ever pay even pen...
by smectym
Tue Sep 25, 2018 1:17 am
Forum: Investing - Help with Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 77
Views: 10419

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

In fact, I suggest that all investors whose portfolio includes a “safe money” allocation get acquainted with Treasury Direct. The deals at the shorter end of the Treasury yield curve right now are tough to beat. Not many bank CD’s manage it, especially when state taxes are a factor. Agreed...bills ...
by smectym
Tue Sep 25, 2018 12:50 am
Forum: Investing - Help with Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 77
Views: 10419

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

... No, they are not as liquid. For the CD you simply redeem for your original investment plus all accrued interest. With Treasury Direct you would have to transfer your T-bill to a brokerage and then have them sell it on the secondary market. Treasury Direct does not allow you to sell T-bills that...
by smectym
Sun Sep 23, 2018 8:41 pm
Forum: Investing - Help with Personal Investments
Topic: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice
Replies: 77
Views: 10419

Re: Ally Savings vs Vanguard Prime Money Market Fund - Need Advice

^THIS^ is what I do. Seems a no-brainer to me. Me too. Perhaps an decent CD, but not quite a “no-brainer,” when investors can get near 2% in money market funds with no restrictions, while 1-yr. treasury bill rates hover around 2.5-2.6%. In fact, I suggest that all investors whose portfolio includes...