Savvy Trades and Investments

[researcher59]

SSK - SGOV +.03 to 100.28, short term treasury bonds are now yielding over 5% .... why are you still sitting on nearly 70% idle cash ????

Almost all my cash is now in SGOV and I sweep it in and out as needed. This ETF holds very short term treasury bills with a maximum of 3 months to maturity, so they're constantly being rolled over.

SGOV is highly liquid with a very tight 0.01 bid/ask spread.

A 5% risk free yield sure beats the paltry 0.35% interest that Ameritrade was paying on my cash position !

I prefer SGOV to buying treasury bonds directly, but that's another option -

https://www.cnbc.com/2023/03/08/want-a-risk-free-5percent-return-how-to-buy-a-3-month-treasury.html