Search found 1050 matches

by zaplunken
Thu Apr 08, 2021 7:13 pm
Forum: Personal Investments
Topic: Cash in CD for better yield?
Replies: 18
Views: 1439

Re: Cash in CD for better yield?

As the CDs have matured I moved the money to the Intermediate-Term Tax-Exempt Fund. I don't keep much at my local bank as the interest rate is 5 bp. Ally has a few thousand in addition to the CD.
by zaplunken
Thu Apr 08, 2021 6:44 pm
Forum: Personal Investments
Topic: Cash in CD for better yield?
Replies: 18
Views: 1439

Re: Cash in CD for better yield?

The current value with the 60 day penalty is $5,022. I have had 5 CDs mature over the past 9 weeks and all those monies went to the Intermediate-Term Tax-Exempt Fund. This is not a lot of money, it is that I think the money can be in a better place vs staying where it is for 7 1/2 months. You have ...
by zaplunken
Thu Apr 08, 2021 8:00 am
Forum: Personal Investments
Topic: Cash in CD for better yield?
Replies: 18
Views: 1439

Re: Cash in CD for better yield?

Thanks for your replies. No one thinks this is a good idea, this is why I asked for some alternate views on this.
by zaplunken
Wed Apr 07, 2021 7:32 pm
Forum: Personal Investments
Topic: Cash in CD for better yield?
Replies: 18
Views: 1439

Re: Cash in CD for better yield?

NAV on your proposed fund has dropped 87 bps this YTD. I don't understand what you are saying. Basis points would measure yield not nav and the change in bp is 3 bp from 1/4 to 4/7 and the nav dropped 12 cents. 1/4/2021 - 01/04/2021 $14.87 0.89% 4/7/2021 - 04/07/2021 $14.75 0.92% On 1/4/2021 nav wa...
by zaplunken
Wed Apr 07, 2021 6:53 pm
Forum: Personal Investments
Topic: Cash in CD for better yield?
Replies: 18
Views: 1439

Re: Cash in CD for better yield?

Using the latest dividend payments is not a good way to compare. The dividend payments are still partially made up of older bonds that are paying higher, this is captured in the NAV of the fund, so you are paying for it. If we assume interest remains constant, your dividends will continue to shrink...
by zaplunken
Wed Apr 07, 2021 6:15 pm
Forum: Personal Investments
Topic: Cash in CD for better yield?
Replies: 18
Views: 1439

Re: Cash in CD for better yield?

The current value with the 60 day penalty is $5,022.

I have had 5 CDs mature over the past 9 weeks and all those monies went to the Intermediate-Term Tax-Exempt Fund. This is not a lot of money, it is that I think the money can be in a better place vs staying where it is for 7 1/2 months.
by zaplunken
Wed Apr 07, 2021 3:27 pm
Forum: Personal Investments
Topic: Cash in CD for better yield?
Replies: 18
Views: 1439

Cash in CD for better yield?

I think it makes sense to prematurely cash in a CD I have at Ally but I wonder if I am missing something. The CD matures Nov. 19 and is paying 0.95% in a taxable account. The current value with the 60 penalty is $5,022. It is earning 13 cents per day in interest and as of yesterday 4/6 there are 227...
by zaplunken
Mon Mar 22, 2021 2:03 pm
Forum: Investing - Theory, News & General
Topic: BRK B shares, good for taxable account after taking an RMD and not needing the money for expenses?
Replies: 16
Views: 1810

Re: BRK B shares, good for taxable account after taking an RMD and not needing the money for expenses?

I'd say it's unnecessary risk. The oversized returns were when it was a small company and Buffet is 90 years old. Don't let the tax tail waive the dog Don't let the tax tail waive the dog! That's what I keep telling myself. I've been retired almost 14 years and still in the 12% bracket, 0% state, m...
by zaplunken
Sun Mar 21, 2021 2:55 pm
Forum: Investing - Theory, News & General
Topic: BRK B shares, good for taxable account after taking an RMD and not needing the money for expenses?
Replies: 16
Views: 1810

BRK B shares, good for taxable account after taking an RMD and not needing the money for expenses?

I was listening to Josh Jalinski on the radio this morning. A caller asked about where to put money that is not needed for living expenses after taking his RMD, the caller wanted something tax efficient re dividends. Josh suggested Berkshire Hathaway as a tax efficient investment because they don't ...
by zaplunken
Sun Feb 07, 2021 9:04 pm
Forum: Investing - Theory, News & General
Topic: Dirk Cotton of the Retirement Cafe has passed away
Replies: 11
Views: 2186

Re: Dirk Cotton of the Retirement Cafe has passed away

Nahtanoj wrote: Fri Jan 29, 2021 11:47 pm Very sorry to hear this. He had stopped posting a few months ago, and I wondered if he was OK.
Same here. I have read his blog for perhaps 10 years. I have wondered why there hasn't been a new entry since late October. Sad news.
by zaplunken
Fri Feb 05, 2021 8:55 am
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

It's worth noting that munis may not be as tax free as one might think. In particular more of one's Social Security benefit may become taxable. Also Medicare premiums may increase. This is because Muni interest is added to MAGI calculations for both of these. https://www.schwab.com/resource-center/...
by zaplunken
Wed Feb 03, 2021 7:34 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

The nav has dropped below my 9/9/2020 purchase, that's when I was getting a statement, IIRC it was 2 statements, with say $45 in dividends and I had less in the fund than what I put into it! The nav went back up and is about 20 cents higher than when I bought it. You may have been the person that a...
by zaplunken
Wed Feb 03, 2021 4:46 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

The nav has dropped below my 9/9/2020 purchase, that's when I was getting a statement, IIRC it was 2 statements, with say $45 in dividends and I had less in the fund than what I put into it! The nav went back up and is about 20 cents higher than when I bought it. You may have been the person that al...
by zaplunken
Wed Feb 03, 2021 4:17 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

Hudson How long is the short term? This year, maybe all of next year, I don't know exactly. When rates rise the nav will take a hit and at that point it may be better to go with a 12 month or whatever CD Ally offers. The unknown is how much of an increase in interest rates will it take and for how l...
by zaplunken
Tue Feb 02, 2021 9:05 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

I realize all that Kevin. The nav did go against me in the 1st couple of months and while I was getting dividends for 2 months I was losing money. If interest rates were rapidly rising I would not do this but I hope they are range bound like they have been for 5 months. The Fed's on hold for this an...
by zaplunken
Tue Feb 02, 2021 8:06 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

Zaplunken, When buying VWITX or VWIUX, do you see the advantages of using SEC yield as the go to number when making decisions? Do you see the advantages of using Distribution yield? In the above discussion SEC yield advocates and Distribution yield advocates are both posting. I see the distribution...
by zaplunken
Mon Feb 01, 2021 3:47 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

I will be moving that $83k to VWITX because Ally's rates are so low. VWITX isn't as safe as an FDIC insured savings account or a CD but the dividends are better. A 0.750% tax-free return is equivalent to a tax-equivalent yield of 0.852% and there isn't anything at Ally that's 85 bp. If rates rise, ...
by zaplunken
Mon Feb 01, 2021 3:38 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

I did a search on the BH site for VWITX and found my old thread, so here we are 7 months later! I have 2 CDs maturing in late February, 2 more in early March and 1 more in early April all at Ally that amount to just over $83k. Their online saving account is paying 50 bp, 12 month HYCD is 60 bp and ...
by zaplunken
Mon Feb 01, 2021 3:37 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

I will be moving that $83k to VWITX because Ally's rates are so low. VWITX isn't as safe as an FDIC insured savings account or a CD but the dividends are better. A 0.750% tax-free return is equivalent to a tax-equivalent yield of 0.852% and there isn't anything at Ally that's 85 bp. If rates rise, ...
by zaplunken
Mon Feb 01, 2021 3:35 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

It's worth noting that munis may not be as tax free as one might think. In particular more of one's Social Security benefit may become taxable. Also Medicare premiums may increase. This is because Muni interest is added to MAGI calculations for both of these. https://www.schwab.com/resource-center/...
by zaplunken
Sun Jan 31, 2021 9:30 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

I did a search on the BH site for VWITX and found my old thread, so here we are 7 months later! I have 2 CDs maturing in late February, 2 more in early March and 1 more in early April all at Ally that amount to just over $83k. Their online saving account is paying 50 bp, 12 month HYCD is 60 bp and t...
by zaplunken
Wed Jan 20, 2021 4:47 pm
Forum: Personal Finance (Not Investing)
Topic: Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)
Replies: 13
Views: 828

Re: Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)

According to the Cost basis doesn't equal performance page of the Vanguard web site: "cost basis should be used only to calculate capital gains and losses for tax-filing purposes—not to measure performance." In other words, what Vanguard shows as unrealized gains and losses (balance minus...
by zaplunken
Tue Jan 19, 2021 4:23 pm
Forum: Personal Finance (Not Investing)
Topic: Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)
Replies: 13
Views: 828

Re: Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)

This fund is held in my Vanguard roll over IRA which I established over 13 years ago. Both purchases I made into the ITT fund were an exchange from other mutual funds inside my roll over IRA at Vanguard that I did online. I reinvest all dividends, short and long term capital gains back into the ITT ...
by zaplunken
Mon Jan 18, 2021 8:28 pm
Forum: Personal Finance (Not Investing)
Topic: Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)
Replies: 13
Views: 828

Re: Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)

So is my way of looking at the "gain or the profit" by excluding the dividends, short and long term cap gains logical because I treat those as if they were interest in an online savings account. My reasoning is c = a - b where a is the total I contributed to the fund where b is total I exc...
by zaplunken
Mon Jan 18, 2021 4:49 pm
Forum: Personal Finance (Not Investing)
Topic: Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)
Replies: 13
Views: 828

Re: Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)

crefwatch unfortunately the headers and details don't align for easy reading. I tried to do a screen shot but the BH site isn't allowing me to paste it so this is the best I can do. Again this is in a tax deferred IRA, it's all taxable upon distribution so cost basis isn't for tax purposes. I need t...
by zaplunken
Sun Jan 17, 2021 5:18 pm
Forum: Personal Finance (Not Investing)
Topic: Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)
Replies: 13
Views: 828

Re: Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)

I have held this since October 2019 as I stated above, I wouldn't consider that a short holding period. I did click on the Vanguard heading (red type) that says "Cost Basis", above the account holdings. There is also another way to view them and I looked at that too. There are no realized ...
by zaplunken
Sun Jan 17, 2021 4:48 pm
Forum: Personal Finance (Not Investing)
Topic: Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)
Replies: 13
Views: 828

Question about the gain vs cost basis on Vanguard Intermediate-Term Treasury Fund Admiral Shares (VFIUX)

I'm confused by what Vanguard shows as the cost basis (unrealized gains and losses whatever that means) vs what I calculate as the gain or profit since I have held the Intermediate-Term Treasury Fund Admiral Shares (VFIUX) in my roll over IRA. Now I am not counting the dividends, short and long term...
by zaplunken
Mon Nov 30, 2020 8:34 pm
Forum: US Chapters
Topic: Where is the Munchkin Man?
Replies: 67
Views: 16113

Re: Missing Munchkin Man

He definitely was a character. I really liked his writing style and the things he would write about even though some hated it. I think we had a pm, I miss the MM.
by zaplunken
Sun Oct 18, 2020 7:35 pm
Forum: Personal Consumer Issues
Topic: Home Title Lock Coverage
Replies: 9
Views: 940

Re: Home Title Lock Coverage

I'm glad someone asked about this. I have heard the ads many times on the radio and thought it was bogus, just a way to get you to pay for something, but who knows? It seems the consensus is what I assumed. Thanks!
by zaplunken
Sat Sep 12, 2020 8:00 pm
Forum: Personal Investments
Topic: Ally Bank Not Reliable
Replies: 50
Views: 5150

Re: Ally Bank Not Reliable

On a desktop pc. I just logged in with Chrome but when I tried Chrome private window I can't log in. I just logged in with FF and FF private window. I just logged in with Brave and Brave private window. I never use IE or Edge. I have been transferring funds to pay bills and I haven't had any problem...
by zaplunken
Thu Sep 10, 2020 7:12 am
Forum: Personal Consumer Issues
Topic: Did I pick this butternut squash too early?
Replies: 13
Views: 1668

Re: Did I pick this butternut squash too early?

SimonJester wrote: Thu Sep 10, 2020 12:46 am How about Spaghetti squash? I was forced to harvest two of mine due to snow and freezing temps last night...

How long will those keep?
Spaghetti Squash is a pepo type and they have a very very short shelf life, maybe 3 months.
by zaplunken
Wed Sep 09, 2020 6:40 pm
Forum: Personal Consumer Issues
Topic: Did I pick this butternut squash too early?
Replies: 13
Views: 1668

Re: Did I pick this butternut squash too early?

LOL this thread just made me remember I bought and stored few extra in my basement as part of covid preparations in march ! I know they keep a long time I guess I'll be trying them out soon... 6 months is pushing it especially since you don't know when they were harvested. Try one to see if it is s...
by zaplunken
Wed Sep 09, 2020 6:34 pm
Forum: Personal Consumer Issues
Topic: Online Ammo purchase recommendation
Replies: 53
Views: 5958

Re: Online Ammo purchase recommendation

UpperNwGuy wrote: Sun Sep 06, 2020 9:33 pm What on earth are you people going to do with all this ammo?
Apparently you don't own a firearm! Some people shoot hundreds of rounds per week and competitive shooters shoot that many and more per day. Either you reload your own or you buy in case lots, typically 1k rounds, and get free shipping.
by zaplunken
Mon Sep 07, 2020 7:52 am
Forum: Investing - Theory, News & General
Topic: Where do you put cash now? Vanguard's Prime Money Market is too low!
Replies: 80
Views: 14927

Re: Where do you put cash now? Vanguard's Prime Money Market is too low!

VUBFX has a minimal risk with a Vanguard risk level of 1, isn't bound by frequent trader rules, and the yield is a bit better than the money market. Vanguard's Ultra Short Term Bond Fund does not have the 30 day lockout? You can trade in and out as much as you want? I doubt that, can anyone confirm...
by zaplunken
Sun Sep 06, 2020 8:02 pm
Forum: Investing - Theory, News & General
Topic: Where do you put cash now? Vanguard's Prime Money Market is too low!
Replies: 80
Views: 14927

Re: Where do you put cash now? Vanguard's Prime Money Market is too low!

VUBFX has a minimal risk with a Vanguard risk level of 1, isn't bound by frequent trader rules, and the yield is a bit better than the money market. Vanguard's Ultra Short Term Bond Fund does not have the 30 day lockout? You can trade in and out as much as you want? I doubt that, can anyone confirm...
by zaplunken
Sun Sep 06, 2020 7:56 pm
Forum: Investing - Theory, News & General
Topic: Edelman "Telling" Investors to Sell
Replies: 49
Views: 5903

Re: Edelman "Telling" Investors to Sell

His radio show is worth a listen just for the unintentional hilarity of his wife's weekly segment. Ric introduces her with her college degrees and also as an expert in macrobiotic cooking. She then proceeds to come across almost like the old Al Frankin SNL character Stuart Smalley complete with new...
by zaplunken
Sun Sep 06, 2020 6:48 pm
Forum: Personal Consumer Issues
Topic: Did I pick this butternut squash too early?
Replies: 13
Views: 1668

Re: Did I pick this butternut squash too early?

A ripe Butternut Squash will be tan in color and have a dull luster. I don't know where you are but it's about 1-2 weeks early but here that may be 3-4 weeks as this season has been off.
by zaplunken
Mon Aug 31, 2020 8:29 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2532

Re: SEC 30 day yield vs Distribution yield

Thank you Kevin, I appreciate all your posts. I realize there is risk in everything even treasuries have risk. I'm willing to chance it that VWITX will have a better interest rate for the time being, it only has to beat 75 to 100 basis points!
by zaplunken
Mon Aug 31, 2020 7:59 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2532

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 t...
by zaplunken
Mon Aug 31, 2020 7:38 am
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2532

Re: SEC 30 day yield vs Distribution yield

Thanks Kevin and hudson. As usual, when looking at and deciding about whether to select a bond fund or which bond fund, it is confusing and loaded with all different what ifs. At this point, I am only looking for a place to put the cash from the Ally taxable account CD and to rebalance my AA by exch...
by zaplunken
Sun Aug 30, 2020 7:04 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2532

Re: SEC 30 day yield vs Distribution yield

Zaplunken, I think that VWITX is a good choice for taxable. It's not as safe as an FDIC CD or savings account. I've owned it (VWIUX) for years. I think that it's OK. William Bernstein said that it's OK to hold munis as long as you have some treasuries and CDs to back them up. I watch VWIUX closely;...
by zaplunken
Sun Aug 30, 2020 6:38 pm
Forum: Investing - Theory, News & General
Topic: The “Abandon Bonds” strategy
Replies: 259
Views: 30562

Re: The “Abandon Bonds” strategy

It seems that fixed income has become nothing more than a way to lose less. Anything you make will under perform inflation and have a negative return. I guess losing 2% is better than 15% in equities, fixed income has been for ballast and rebalancing. I just don't see how you can make anything in fi...
by zaplunken
Sun Aug 30, 2020 6:23 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2532

Re: SEC 30 day yield vs Distribution yield

Yes, thanks Kevin. I wish I understood this as well as you do. I can follow some of your post but honestly it is confusing. I need to reread it a few times to see if I can fully understand. Bottom line is I want to put some money in both a taxable and IRA account that pays a better yield than what I...
by zaplunken
Sun Aug 30, 2020 3:58 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2532

Re: SEC 30 day yield vs Distribution yield

Zaplunken, I use distribution yield with VWIUX...because that's what you are actually paid. I watch it every month. If it goes down far enough, I may or may not move on. Look at Vanguard's formula to figure distribution yield. One of the largest factors is the price. Also look at the amount paid pe...
by zaplunken
Sun Aug 30, 2020 2:45 pm
Forum: Personal Investments
Topic: SEC 30 day yield vs Distribution yield
Replies: 44
Views: 2532

SEC 30 day yield vs Distribution yield

I have an Ally CD maturing on 9/5. As of a 2 weeks ago when I talked with them, the best they had to offer was a 15 month Select CD with a 0.95% rate and with the loyalty reward of 5 basis points it would be 1%. This also is about money in a rollover IRA. I have looked at 3 bond funds at Vanguard (V...
by zaplunken
Mon Jul 13, 2020 7:51 am
Forum: Personal Finance (Not Investing)
Topic: Best CD rates thread
Replies: 857
Views: 113761

Re: Best CD rates thread

Evelyn I looked at the Pen Air FCU website and I only see a 15 month add on CD is 1.25%. Maybe it was changed or maybe I'm not looking in the right place?
by zaplunken
Tue Jun 30, 2020 2:21 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

OK, I said that I read somewhere that SEC yield is the correct yield to look at and here is a link to where I read it, I forgot I had this link BM and stumbled across it just now. I am not trying to dispute distribution vs SEC yield just what I read and why I was looking at SEC yield. Seems to me I ...
by zaplunken
Sun Jun 28, 2020 7:18 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

Yes, you are correct. 1.46*( 1 - 0.12) = 1.29. The two should be compared with the after-tax yield because that is the money one would be getting. VWITX SEC yield = 1.29 Ally = 1.1 * (1-0.12) = 0.968 If the amount is 100k then the yearly difference between the two amounts received would be $322 = 1...
by zaplunken
Sun Jun 28, 2020 3:20 pm
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

Wow, what I don't understand about bonds and bond funds would fill a book and I thought I had a somewhat basic understanding! I want to thank everyone for their comments, there is a lot of info here and a lot of it I didn't know. So I remember someone, Larry Swedroe or maybe the in Wiki, saying you ...
by zaplunken
Sun Jun 28, 2020 8:08 am
Forum: Personal Investments
Topic: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally
Replies: 68
Views: 6927

Re: Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares (VWITX) vs Ally

I looked at the link for MUB and have a question about the chart tab. Is it normal behavior for this fund, or any muni bond fund in general, to behave as MUB did in late March? Treasury yields cratered then and of course the nav of a Treasury fund appreciated but this muni bond fund's nav went down...