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Can just put money in SGOV for a minimal fee (0.05%) which invests in T-Bills for you. Slightly lower yield due to timing issues, but close enough and no microm
by adam_arthur 4y ago
Can just put money in SGOV for a minimal fee (0.05%) which invests in T-Bills for you. Slightly lower yield due to timing issues, but close enough and no micromanaging individual treasuries.
Nobody should be moving money around different savings accounts for yield... use products designed to make it easy.
https://www.blackrock.com/us/individual/products/314116/ishares-0-3-month-treasury-bond-etf-fund https://www.blackrock.com/us/individual/products/314116/isha...
- citizen_friend 4y agobond funds have principal risk. If you buy an individual bond and hold the duration, you don't care about rate changes, you just sell and don't buy again.
- adam_arthur 4y agoThis fund owns 3 month or less T-Bills. There's zero credit risk and effectively zero duration risk. It's an automated Bond ladder of US T-Bills. Though you can save 0.05% in management fees by laddering them yourself