Quote:
Originally Posted by Russ_Boston
Thanks for pointing that out. Somehow the previous poster, regardless of how long their post was, seemed to ignore this significant variable. But I can see both sides of the coin since the bond interest is not deductible.
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I would have to look at it more closely but as I remember it when I bought VWEHX the interest I received covered both princioal and interest on the bond. Since then the price of VWEHX has risen substantially and I have a nice profit while over the years the bond has amortized. I could pay off the bond and stll have a nice profit. Point is that it is just not as simple a calculation. Raw numbers just don't tell the story.