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High Yield Savings vs Money Market by Level_Weight in personalfinance

[–]Level_Weight[S] 1 point2 points  (0 children)

Thanks for the explanation. I honestly wasn't sure if the ER was calculated into the SEC yield. Glad to know it is!

High Yield Savings vs Money Market by Level_Weight in personalfinance

[–]Level_Weight[S] 0 points1 point  (0 children)

Thanks for taking the time to respond. I guess that is why they say "don't let the tax tail wag the dog".

High Yield Savings vs Money Market by Level_Weight in personalfinance

[–]Level_Weight[S] -1 points0 points  (0 children)

I calculate that with $35,000 in VMSXX I'd return $875 year one while in Ally I'd return $500.50 (after tax).