04-09-2020, 11:47 AM
(04-09-2020, 11:15 AM)stockguru Wrote: I bought a big position in SHV. It almost like a money market fund but this one had a nice yield and and you get a nice .16-.18 cents each month. This thing basically trades in a $1 range. I thought it was a nice place to hide and put money over the next 2-3 years. Collect those dividends lolIt's an ultra-short bond fund. I keep most all of my cash in a very similar Vanguard fund. About the only advice I have is this is one of the few times they are a little more volatile than normal. Try to catch it near the bottom of its short-term trading range when you buy new shares, and the opposite if you sell some of it. 2% is about as good as it gets in a safe fund. Just have to be careful not to cut the yield in half with bad trades in and out. Be careful and your effective yield might be about 2 1/2%. It's the only bond fund type I will touch right now because the risk-reward is not good on much anything longer term. The yield on longer term bonds is bad so you have to enter and exit them like a stock. Anyway, a good decision IMO.
Does anyone else know this one or invest in it?
I Shares Short Treasury Bond ETF (SHV)