indexfundfan @ indextown

In an earlier post, I noted that Russell’s Institutional Money Market Fund (RMMXX) is available as a NTF under WellsTrade’s free trade program. Today, DaveTH posted an alert on the Boglehead’s forum: Wells Fargo seems to have a real problem with paying decent returns on idle cash. Last July they switched from good money market [...]

Just two weeks ago, I noted that taxable MMFs have better after-tax yields than the tax-exempt versions, even for investors in the highest tax brackets. Today, a post on the Bogleheads forum seems to indicate that this yield anomaly is over. The yield of the Vanguard CA tax-exempt MMF (VCTXX) has jumped 93 bps in [...]

I have a 5% allocation to the healthcare sector. This is currently divided into 2 ETFs: IHI (iShares DJ Healthcare Devices) and IHF (iShares DJ Healthcare Providers). Shares of IHF have fallen quite a bit since the beginning of the year. Last month, I noticed that part of it could be tax loss harvested. For [...]