Cash is King!

Discussion of the Cash portion of the Permanent Portfolio

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dualstow
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Re: Cash is King!

Post by dualstow » Tue Oct 16, 2018 7:01 pm

barrett wrote:
Tue Oct 16, 2018 3:08 pm
dualstow, can you tell me what the expense ratio is on that Vanguard fund? Was reading up on a similar fund at Fido but it seemed expensive. And you have check writing "privileges" on that account as well, right?
Yup, it's 0.09%, so US$9 on every 10,000 invested. Sure, treasuries are free, but this pays every month and you don't have to replace it.
If you want to see the full page, just go to vanguard and search for 11. That's the fund number.
I think Fido costs a lot more.

You *can* have checkwriting privileges, but a lot of my checkbooks were rendered unusable when they consolated "brokerage" accounts and "fund" accounts into one thing. I've been too lazy to get new checkbooks for most of my funds because I never write checks from anything other than the settlement fund, anyway. (Settlement = Federal Money Market these days, not Prime, not Treasury).
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