04-09-2020, 04:13 PM
(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)
Significant portion of my net worth is equally split in SHV and BIL for diversification purpose but both are very equally safe since they only hold US government treasuries.
They are certainly some of the safest cash alternatives available but the yield doesn't even beat the inflation. Every time I see their tiny dividends (especially compare to my other dividend stocks) I have to keep reminding myself that their primary objective is safety and not the return
. Without risk, some thing is better than nothing I guess.