jerome len
Full time employment: Posting here.
- Joined
- Nov 30, 2008
- Messages
- 728
Everyone should take a look at Vanguard's limited term Tax Exempt bond fund. it pays around 80 basis points, better than short term or CD's or money market funds. I'm holding a lot of money there instead of money market or long term bonds. Rates will go up, sooner or later and if anyone remembers when they went to 20% in the early 1980's, you, like me, would be a little careful today. The good news is that your short term bonds will probably pay 2 or 3% when interest rates rise. So, when rates go up you'll have the option to switch to longer term bonds or stay in shorter term getting more dividends each month with less risk missing out than in cash or long term.
Really, there is no answer anyone can depend on.......we don't know what will happen with taxes or when. ......if we did we'd be able to predict the future a lot better.
Really, there is no answer anyone can depend on.......we don't know what will happen with taxes or when. ......if we did we'd be able to predict the future a lot better.