What Did You Buy Today?

[divmenow]

(04-09-2020, 11:47 AM)fenders53 Wrote:

(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 lol

Does anyone else know this one or invest in it?

I Shares Short Treasury Bond ETF (SHV)

It'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.

I like the decision to buy this ultra short bond fund. Your getting in at a decent price to hide over the next few months. But if your just buying 1 or 2 shares it’s not worth it lol. This is something you have to put 25k in just to make it worth your while and collect the dividend payouts..

Today we are in bull market.

last week we were in Great Depression II.