A recurring post in this sub is what to do with cash I have sitting around as “dry powder”. Instead of answering every single one of them. I thought of posting it here for all to see:
Here is a list of ETFs that qualify you if you want to collect some yield on your cash with little market / IR risk.
Cash Management with higher yields: These tend to move daily up and very little correlation to the rest of the market. JPST / MINT / FTSM / NEAR / JMST (Ultra Short term Muni) / ULST / ICSH
US Government Short Term: These will move with treasuries, so slightly more volatile as you extend maturity/duration than the ones listed above, though there are some tax benefits.
Ultra short term: GBIL / BIL / SHV / CLTL
Short Term: VGSH / SCHO / SHY / SPTS
Muni Short Term: SUB / SHM / JMST
Short Term Corporates and Aggregate Funds: Higher correlation to equities but generally higher yields.
Aggregate: BSV, BBSA, JAGG
Mortgage Market: FTSD
Corporate: SPSB, SLQD, VCSH, IBDK, BSCK
OVERALL: You should try to look at products that have enough tight liquidity for a round trip investment if you plan to hold them for a shorter period of time.
For longer periods of time, you may want to focus on shorter cost / tax advantages.
VGSH / BSV / VCSH all vanguard products. Though all other issuers have been joining the management fee compression game on the rush to zero!
Source: ETF market maker
Submitted April 08, 2019 at 06:36PM by xmCokeZero http://bit.ly/2WVDcDC
