Jeff DeMaso

577 posts

IVA Research

Sorting Through the Short End

FUNDS FOCUS – CORE TAXABLE BOND FUNDS – PART 1 | My picks for parking cash and short-maturity money across Vanguard's crowded lineup.

| 15 min read
IVA Research

A Bad Trade, Even If Nothing Goes Wrong

Junk bonds are paying close to the smallest yield premium over Treasurys in three decades. Here's why I'm passing—and what I own instead.

| 13 min read
Weekly Brief

Cash Plus Isn't a Beta Anymore. It's a Business.

September starts red | Portfolios beat the average investor | Cash Plus splits into tiers

| 5 min read
Monthly Recap

IVA MONTHLY RECAP | Headlines vs. History

SEPTEMBER 2026 | A scary September stat and a "bond market rout" both crumbled under scrutiny. 500 Index's 50th birthday is a good reminder of why staying the course wins. Plus, IVA Portfolio notes, Distributions Ahead, the IVA Factor Tracker and a roundup of articles from the past month.

| 14 min read
Weekly Brief

Bogle’s Folly at 50

The index fund turns 50 | Why compounding wasn't easy money| Vanguard finally offers a transfer lock | Vanguard acquires Altruist

| 6 min read
IVA Research

Cash vs. Bonds: The Free Lunch That Isn't

History says bonds win. Here's why I'm holding more cash anyway.

| 9 min read