No. of Recommendations: 7
I'm trying to do a true "apples to apples" comparison of the yields of the Schwab ultra-short bond fund SWYSX...

I once used a short-term bond fund (with check writing ability) for emergency money and other shortly-needed money. Took out some funds to buy some windows, slowly replaced it, then took out some more for car repairs, replaced it. Was low on funds in the checking account, so moved a few hundred from the bond fund to the bank.

Only later did I realize that each of those transactions was a potentially taxable event and would become a line on my Schedule D. Had multiple lots to deal with due to all the "buying and selling". Ug. It wasn't worth the extra .3% (or whatever) I would earn over a savings account. So off to ING I went... :) just something (small) to consider...
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