Comments on: 4-Week T-Bill Rate Tumbled http://www.thesunsfinancialdiary.com/investing/4-week-t-bill-rate-tumbled/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Sunhttp://www.thesunsfinancialdiary.com/investing/4-week-t-bill-rate-tumbled/#comment-23347 Sun Thu, 20 Sep 2007 19:56:21 +0000 http://www.thesunsfinancialdiary.com/investing/bond/4-week-t-bill-rate-tumbled/#comment-23347 Ted: I have heard about Vanguard MM fund and have looked at it a couple of times before, but I never felt I should get one. The main reason is that it's a mutual fund, thus it doesn't have the flexibility as the online banks do. For banks, if their rates becomes unfavorable, I just leave $1 in the account and move the money to other place. With a mutual fund, it's not that easy to shift money around. Also, I haven't followed the fund so I am not sure its yield compared with online banks' yield when the interest rate is low, as we may see soon. I need to keep an eye on it to see it's an option that I'd like to take. Ted: I have heard about Vanguard MM fund and have looked at it a couple of times before, but I never felt I should get one. The main reason is that it’s a mutual fund, thus it doesn’t have the flexibility as the online banks do. For banks, if their rates becomes unfavorable, I just leave $1 in the account and move the money to other place. With a mutual fund, it’s not that easy to shift money around. Also, I haven’t followed the fund so I am not sure its yield compared with online banks’ yield when the interest rate is low, as we may see soon. I need to keep an eye on it to see it’s an option that I’d like to take.

]]> By: Tedhttp://www.thesunsfinancialdiary.com/investing/4-week-t-bill-rate-tumbled/#comment-23120 Ted Tue, 18 Sep 2007 20:42:44 +0000 http://www.thesunsfinancialdiary.com/investing/bond/4-week-t-bill-rate-tumbled/#comment-23120 I know you like to chase rates to squeeze out every extra basis point, but you may find the simplicity of parking your cash in the vanguard prime or tax-exempt money market (or other historically high-yield-no-games MM) worthwhile. You might get a quarter or half percent better on a teaser rate somewhere else. But you'll just have to go looking again after the promo period.Or you could try to beat the market and set up some CD ladders today before those rates drop too. I know you like to chase rates to squeeze out every extra basis point, but you may find the simplicity of parking your cash in the vanguard prime or tax-exempt money market (or other historically high-yield-no-games MM) worthwhile. You might get a quarter or half percent better on a teaser rate somewhere else. But you’ll just have to go looking again after the promo period.

Or you could try to beat the market and set up some CD ladders today before those rates drop too.

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