Early Retirement & Financial Independence Community - View Single Post - Where should I put taxable after-emergency fund money?

Olav23 · 03-24-2007, 05:56 PM

Thanks for the pointer, LOL! I am just wondering why you say abandon Emigrant for Prime money market. This is more of a question as to "how do I compute the difference in return", and any help is appreciated.

From: https://flagship.vanguard.com/VGApp/...FundIntExt=INT
Prime Money Market:
Yield: 5.09% [SEVEN DAY AVERAGE INCOME YIELD NET OF EXPENSES]
Compound Yield: 5.21%
Expense Ratio: 0.29%

EmigrantDirect:
Interest Rate: 4.93 %
Annual Percent Yield: 5.05 %

So, if I just compare the Yield in both, I would say it is negligible between the two. Am I reading it accurately? (5.09 vs 5.05)

Any real reason except getting rid of another account?

03-24-2007, 05:56 PM	#4
Olav23 Recycles dryer sheets Join Date: Jul 2005 Posts: 423	Thanks for the pointer, LOL! I am just wondering why you say abandon Emigrant for Prime money market. This is more of a question as to "how do I compute the difference in return", and any help is appreciated. From: https://flagship.vanguard.com/VGApp/...FundIntExt=INT Prime Money Market: Yield: 5.09% [SEVEN DAY AVERAGE INCOME YIELD NET OF EXPENSES] Compound Yield: 5.21% Expense Ratio: 0.29% EmigrantDirect: Interest Rate: 4.93 % Annual Percent Yield: 5.05 % So, if I just compare the Yield in both, I would say it is negligible between the two. Am I reading it accurately? (5.09 vs 5.05) Any real reason except getting rid of another account?