1. If the government offered 50 or 100 year bonds, I would buy them gradually to replace my current T-bonds. Why not? They would have a higher yield and volatility than current 30 year T-bonds, which PP investors should find encouraging. I think that the US issued 100 year bonds to finance the const...

Try this: What do I do if I don't get my paper savings bonds? The first step is to check the status of your refund by going to " Where's My Refund" on www.irs.gov or calling 800-829-1954. According to the IRS, you can check the status within 24 hours of when the IRS receives your e-filed r...

Kevin, Once you and your wife have bought your annual quota of I-bonds, you have already made the best current investment there is in terms of safety, liquidity and yield for Cash for the PP. Having the discipline to stick with high quality Treasury securities when real yields are going negative is ...

I would like to buy a guy but everybody else got to Cabela's before I did; the cases are picked clean; and the sales people don't know when the new stock will come in. You can also check Palmetto State Armory if you decide to order online. Both of them sell Glock's, the most familiar gun to me afte...

I guess you might have added even another box:

I would like to buy a guy but everybody else got to Cabela's before I did; the cases are picked clean; and the sales people don't know when the new stock will come in.

I would like to have checked two boxes. I bought and carried my own Colt .45 Combat Commander and a Walther PPK when I was on active duty in the 1980s. I sold them both when I left active duty years ago. After the George Floyd riots, I got a concealable Walther CCP .380, went for a refresher on a lo...

@ ppnewbie: Please note that negative interest rates ARE possible in the US. As I write, a 3 month Zero is going for a nominal rate of -0.02%. Real interest rates are actually lower than that (depending how you choose to measure inflation, of course.) What is a prudent investor to do? One way to he...

At the moment, I am about 50-50 in FDLXX and I-bonds for Cash. FDLXX yields close to zero; I am holding it for safety and liquidity, not yield. I-bonds are presently yielding 1.06%- better than the 10-year bellwether Treasury note. My present mix has become my "barbell within a barbell." N...

The Insurrection Act of 1807 did not overturn the Militia Act of 1792. Washington did not ask the governor of Pennsylvania for permission to deploy other states' militias in his state. Lincoln acted under a similar understanding and cited Washington's example on several occasions. Nor were the actio...

Regardless of misleading pronouncements that have appeared in the mainstream press, the President has sole authority as Commander-in-Chief to federalize the National Guard and deploy it against domestic insurrection. He does not require the consent of state governors in order to do so. Washington mo...

I was referring to the expense ratios of the funds. Not the yield.

As I see it, the effect of this decision by Vanguard is to reduce its expense ratio on its Treasury money market from 0.16% to 0.10%. As a mostly Fidelity fund investor, this is welcome news because it places pressure on Fidelity to reduce the expense ratio on its Treasury money market funds, SPAXX ...

@ ppnewbie: Please note that negative interest rates ARE possible in the US. As I write, a 3 month Zero is going for a nominal rate of -0.02%. Real interest rates are actually lower than that (depending how you choose to measure inflation, of course.) What is a prudent investor to do? One way to hed...

Jerry Seinfeld is being incredibly disingenuous, but then, he can afford to be. Few New Yorkers are as isolated from the everyday realities of the late “unpleasantness” as he and his family are. A quick google search reveals the following: 1. Jerry Seinfeld lives in The Beresford on the Upper West S...

While I liked my M1911 Colt Combat Commander (.45 ACP) back when I was on active duty, I have recently moved onto a Walther CCP (.380 ACP). Lighter weight, Less recoil, tighter shot group, smaller size for better concealed carry. Last time I was at my local gun shop/ range I was particularly struck ...

PenFed is not a bad outfit by any means, but the real question is how liquid those CDs will be during the next financial crisis. What is the penalty for breaking them?

As an alternative, Fidelity's website has a constantly updated table of fixed income yields, including Treasury, corporate, and municipal bonds. You don't have to be a Fidelity customer to use it and you don't have to import it into Google sheets to use it. See: https://fixedincome.fidelity.com/ftgw...

Yes.

A 1 year T-bill yields +0.10%. A 1 year Corporate BBB yields + 1.10%. Anybody holding the latter will feel like they got a haircut in the form of a guillotine if there is a corporate downgrade of BBBs. Especially in this market, it makes no sense at all to hold anything but Treasurys for Cash.

Almost, but not quite. The real return on Cash is now negative. That alone explains why so many keep hunting for Cash alternatives with junk like less than investment grade corporate bonds.

Bernstein should have been telling his audience that financial success means not running with the herd.

I think that the most damaging charge of Bill Bernstein’s “Wild about Harry” review of the Permanent Portfolio was that its investors were way too fickle: rushing into the portfolio when gold was moving higher, and heading for the exit in droves when stocks are shooting through the roof. Bernstein i...

How often do you get tested for the virus?

I had a stable value fund for three years before I retired. The fund was indeed stable and the yield was 1-2% above what short term Treasurys yielded at the time. I bought the fund because it was a better choice than anything else available in my employer’s 457b plan. I had already maxed out my 403b...

Pugchief, I will be going for my first post-COVID-19 dental cleaning this afternoon. Any last minute recommendations? I will provide an update on any and all observed changes. It should be interesting, especially given all the recent-- and sometimes contradictory-- discussions we have had on this fo...

Paul talked with Ben all the time.

Ben was the chair of the economics department of Princeton University. Paul held an endowed chair in economics at the same time.