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  Topic: Advice for Novice

Replies: 30
Views: 10844

Post image iconForum: Investing, Stocks and Bonds   Posted: Tue Jul 12, 2011 1:55 am   Subject: Re: Don't Do It!
Professional investors focus on reducing risk. Amateurs focus on reward. That's exactly what you are doing.

Everyone wants to get rich fast. And yes, I agree w/ this statement.

Replies: 27
Views: 19385

Post image iconForum: Earning & Income   Posted: Mon Jul 11, 2011 8:23 pm   Subject: Re: IS MONEY A NECCESSARY EVIL ?
Is money a neccessary evil ?

In general, the more you have, the more you'll spend.
In general, the more you have, the more you'll want.

I have learned:
Know when you have enough
Spend below y ...
  Topic: Tax Exempt

Replies: 5
Views: 26253

Post image iconForum: Taxes   Posted: Mon Jul 11, 2011 8:03 pm   Subject: Tax Exempt
I have recently purchased a Vangard's tax-exempt bond fund, VWITX. The fund has some holdings of California's munis. Does it mean it's both federal and California's tax-exempt?
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