20% Ultra Short-Term BondsGoldman is structuring portfolios for everyday investors that are meant to help them save money on their taxes, in part by moving their cash from ultrasafe bank accounts to fixed-income exchange-traded funds that involve more risk. The funds will hold short-term Treasurys, municipal and investment-grade corporate bonds. WSJ, July 18, 2024, "Goldman Sachs Opens Up an Investment Strategy Once Reserved for the Wealthy" by AnnaMaria Andriotis.
60% U.S. Short-Term Treasury Bonds
20% U.S. Short-Term Municipal Bonds
Betterment mgm fee: 0.25%
Yield: 4.59%
After-Tax Yield 2.98%
Annualized blended 30-day SEC yield. After-tax assumes an individual filing single who resides in California with a 35% federal tax rate and $260K income.
Any thoughts on this product? Not clear it offers something that a vanguard index fund would not.
https://www.betterment.com/goldman-sach ... mart-bonds
Statistics: Posted by bb — Thu Jul 18, 2024 7:36 pm — Replies 3 — Views 412