Comments on: Tax Equivalent Yield Calculator Updated http://thefinancebuff.com/2007/10/tax-equivalent-yield-calculator-updated.html like a friend telling you about money ... Thu, 19 Nov 2009 19:44:17 -0600 http://wordpress.org/?v=2.8 hourly 1 By: TFB http://thefinancebuff.com/2007/10/tax-equivalent-yield-calculator-updated.html/comment-page-1#comment-298 TFB Wed, 07 Nov 2007 01:54:00 +0000 http://blog.thefinancebuff.com/?p=179#comment-298 VCITX is Vanguard CA Long Term Tax-Exempt Fund. Did you try the calculator? Assuming 4.11% yield, 31% fed, 9.3% CA, no AMT, claiming item deductions, the tax equivalent yield is 6.57%. <br/><br/>There's an inverse relationship between yield and price. Yield up, price down, and vice versa. If you are buying, look at yield. If you are selling, look at price. Most experts don't recommend long term bond funds though, because they are too volatile. VCITX is Vanguard CA Long Term Tax-Exempt Fund. Did you try the calculator? Assuming 4.11% yield, 31% fed, 9.3% CA, no AMT, claiming item deductions, the tax equivalent yield is 6.57%.

There's an inverse relationship between yield and price. Yield up, price down, and vice versa. If you are buying, look at yield. If you are selling, look at price. Most experts don't recommend long term bond funds though, because they are too volatile.

]]> By: Anonymous http://thefinancebuff.com/2007/10/tax-equivalent-yield-calculator-updated.html/comment-page-1#comment-290 Anonymous Thu, 01 Nov 2007 19:44:00 +0000 http://blog.thefinancebuff.com/?p=179#comment-290 great information, how about VCITX? quoted yield 4.11% with 31% fed and 9.3% CA, what is its taxable equivalent yield? <br/><br/>Also, its price has been falling, what bond price and yield to do with each other? which one I should look at?<br/><br/>Thanks great information, how about VCITX? quoted yield 4.11% with 31% fed and 9.3% CA, what is its taxable equivalent yield?

Also, its price has been falling, what bond price and yield to do with each other? which one I should look at?

Thanks

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