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Archive of entries posted on 15th October 2012

My friend the happy farmer. Harry, the unhappy cook, but happy bond fund owner.

The problem with incommoding investments is they often look good at the time, but a bit stupid later on. Take my favorite bond fund, the Vanguard High-Yield Tax-Exempt Fund Admiral Shares (VWALX). I’ve loved this thing. for eons. Look at the price appreciation — juiced  up by my re-investing the nice dividends: This has been […]