By: Andy
These yields are amazing espically if you are in the 25% tax bracket and above. I just moved my cash sitting on the sidelines to the Vanguard tax exempt money market fund. 7.5% equivalent yield with a...
View ArticleBy: Josh
Wow, I wonder if there is any similar investment option available for residents of Washington State.
View ArticleBy: Flexo
Josh: Since Washington does not have an income tax, you’re already a little better off even with taxable savings. You could invest in Vanguard’s Tax-Exempt Money Market (VMSXX), which is exempt from...
View ArticleBy: Kevin
This NY Times article (http://tinyurl.com/4fxrzp) outlining the crisis mentions money market funds. There was apparently a big run on money market funds. Do you think they are still safe? I don’t have...
View ArticleBy: Flexo
The problem with some money market funds recently was their underlying investments. Rather than corporate bonds, the investments behind the money market funds that “broke the buck,” VNJXX invests in...
View ArticleBy: nkage487
Just for everyone’s info, when you make a non-recurring electronic purchase into a Vanguard mutual fund, any trade entered prior to 10 pm receives the next day’s trade date (and price). I happened to...
View ArticleBy: Keith
Those yields are tantalizing, but as you know, your money is not guaranteed under the FDIC. This makes me a bit nervous right about now and I might be inclined to stick to my 2.65% money market...
View ArticleBy: SavingEverything
Isnt it true that the rate that Vanguard posts for money market funds are “NET of all the funds’ expenses fees”??? How about the same for Fidelity, TRowe, and others?
View ArticleBy: Flexo
SavingEverything: That is true for all funds, the money market yields are after fees.
View ArticleBy: Finance Junkie
Flexo, You should give the ETF “VTI” a look. It’s also a Vanguard total stock market etf and has half the annual expense of the one you’re in.
View ArticleBy: Jared
#1: Timing the market is a sucker’s bet. It might be fun, but don’t fool yourself – you’re not investing, you’re gambling. In an earlier post you asked “Is it too risky to try to time the market right...
View ArticleBy: Concernedinvestor
I invested in Dreyfus Preferred New Jersey Tax Exempt Bond fund. The fund has dropped big time and I have lost thousands of dollars I am considering cutting my loses…before I lose more money. While I...
View ArticleBy: Doug
Am I missing something? I just Vanguard’s rate on their Tax Exempt Money Market account and it is listed at 1.54 average 7-day annualized (11/10/2008). Have the rates dropped that much since October?
View ArticleBy: Flexo
Doug: Yes the interest rate of this tax-exempt money market fund has dropped dramatically since the beginning of October.
View Article
More Pages to Explore .....