MuirWannabe
Thinks s/he gets paid by the post
- Joined
- Oct 14, 2009
- Messages
- 2,124
Thanks slater and car-guy. The calculator provided works just fine. Now I’m adding up all my earned interest to see just how rich I’ll be. In 3 years ?
I think that calculator is for bank CD''s which compound interest, broker CDs do not compound.
It was 4.68% when I checked early yesterday morning.VMFXX Vanguard Federal Money Market Fund 7 day SEC yield is 4.72%, IIRC it was 4.65% yesterday. Better than some Treasuries.
VMFXX Vanguard Federal Money Market Fund 7 day SEC yield is 4.72%, IIRC it was 4.65% yesterday. Better than some Treasuries.
VMFXX could be anything next week. You can't lock in that rate. That's why someone might buy treasuries at a lower rate, to lock it in. That's a good move if rates drop, a bad one if they don't.VMFXX Vanguard Federal Money Market Fund 7 day SEC yield is 4.72%, IIRC it was 4.65% yesterday. Better than some Treasuries.
Got a question about that. I think the income may still be there, but it is the VALUE/PRICE PER SHARE that has dropped due to the heavy bond exposure. Am I thinking right?Those 401k stable value funds used to be good fixed income performers. Not so much anymore I guess.
I used mine as an alternative to bond funds, and it performed well. Better than that, because it didn't get trounced when the interest rates went up... just kept paying the sameish. Now, yes, you can beat it's rate with individual bonds or CDs. Can't buy those in the 401k, though, so I'll have to live with a point or two less for a while.Those 401k stable value funds used to be good fixed income performers. Not so much anymore I guess.
Those 401k stable value funds used to be good fixed income performers. Not so much anymore I guess.