Comments on: Account Clean-Up

By: Alex Fotopoulos

Alex Fotopoulos — Fri, 26 Jun 2009 20:24:17 +0000

Yes, 2000 shares. I’ve updated it now. The tax free makes it closer to 3.5% for those in the 28% tax bracket and of course improves even more with each tick up in tax brackets.
TLT fluctuates too much for my needs. I want the principle to be stable since I might have to withdraw it each month. I’ll take a lower interest rate for better stability of principle.

By: chandra

chandra — Fri, 26 Jun 2009 18:10:57 +0000

I see the tax free yield. How it compares to TLT which has has 4.16% and good option premium. i am also looking to stash the cash in a secure and better yield place.

By: mule65

mule65 — Fri, 26 Jun 2009 17:27:07 +0000

I think you bought shares of 2,000 PVI — not 200. The 2.73% yield in PVI is tax-free which is worth mentioning.