News for hackers. Stuff that matters.

A comment on UBS Acquires Wealthfront for $1.4B. Parent comment

Re:UBS Acquires Wealthfront for $1.4B by Bostonian on Wednesday January 26, 2022 @08:27PM (#30094850)
"Bonds belong in tax advantaged accounts, then taxable."

That's true when say taxable bonds are yielding 8% and municipal bonds 6%. But when taxable bonds are yielding 2% (about the current 10-year U.S. Treasury yield), the tax hit from owning them in a taxable account is small, and maybe the growth assets such as stocks belong in a Roth IRA.

[ Parent | on HN ]
Re:UBS Acquires Wealthfront for $1.4B by devoutsalsa on Wednesday January 26, 2022 @09:59PM (#30095659)
The taxes are small, just like the returns. I can’t really see bonds as a an indiviy investment in an era of low interest rates. And they only go down in value if interest rates start going up.
[ Parent | on HN ]