Great video as always Kevin. I’ve been buying short term gov. treasuries for a while now and agree with your assessment. I’ve built a “ladder” so that every month I have one or more mature, and that addresses the liquidity concern, in case I need to access some cash.
Looking forward to hear about the product you teased at the end of your video! Recently I have been loving short term T-Bills (especially as a resident of a high tax state), but have many maturing in January and think I should be doing some longer duration things. Thanks for your high quality videos!
I’m hoping I can get it finished in the next couple of weeks. It’s really interesting, but less tax efficient if you’re not holding for a longer time period. And thanks!
Very good video I think, though, for the every day person you gave so many choices, that many people would be paralyzed and making a decision The simple way I have found is put your short term cash into the money market of your brokerage account. Whichever one you choose and then you can connect your Hometown checking account to that brokerage account and send or get money within three days. That way you can pay off those annual or semi annual bills for personal property tax or insurance or whatever the case may be . As far as the short term treasury, BIL That doesn’t pay any more than the money market and is not worth the hassle I’m glad I came across your channel and will be listening for more episodes as I watch all your other episodes and I am a subscriber I appreciate all the hard work it took to put these on. Thank you.
@@foundryfinancial You didn’t say what the product is. You just said you were going to do a video on it in a few weeks but that was four months ago. Can you tell me the name of it or post a link to the Bloomberg article?
Short term treasuries are falling down so now may be better to move from them to the longer terms or even CDs as longer term CDs paying more than the treasuries.
Definitely not a fan in any way of CDs! It’s amazing how high the yields have risen to for all short term investments, again, not for me. People in later years of retirement or very skittish investors have so many options today.
Where are you parking your cash?
Excellent info, Kevin. You strike me as a straight shooter and I truly appreciate that.
Great video as always Kevin. I’ve been buying short term gov. treasuries for a while now and agree with your assessment. I’ve built a “ladder” so that every month I have one or more mature, and that addresses the liquidity concern, in case I need to access some cash.
Thanks, Stan!
Looking forward to hear about the product you teased at the end of your video! Recently I have been loving short term T-Bills (especially as a resident of a high tax state), but have many maturing in January and think I should be doing some longer duration things. Thanks for your high quality videos!
I’m hoping I can get it finished in the next couple of weeks. It’s really interesting, but less tax efficient if you’re not holding for a longer time period. And thanks!
Was looking for that follow up video but I couldn’t seem to find it. Interested to see that teaser option. Thx!
Very good video
I think, though, for the every day person you gave so many choices, that many people would be paralyzed and making a decision
The simple way I have found is put your short term cash into the money market of your brokerage account. Whichever one you choose and then you can connect your Hometown checking account to that brokerage account and send or get money within three days. That way you can pay off those annual or semi annual bills for personal property tax or insurance or whatever the case may be .
As far as the short term treasury, BIL
That doesn’t pay any more than the money market and is not worth the hassle
I’m glad I came across your channel and will be listening for more episodes as I watch all your other episodes and I am a subscriber
I appreciate all the hard work it took to put these on. Thank you.
Thanks. If you live in a high tax state, the savings from gov’t treasuries can be worth the hassle.
No follow up video on the complex method to park cash?
Did you ever review the other product you said you would? I have not seen a video about it?
No, but there’s a good Bloomberg article on it.
@@foundryfinancial You didn’t say what the product is. You just said you were going to do a video on it in a few weeks but that was four months ago. Can you tell me the name of it or post a link to the Bloomberg article?
@l4xx03luyf6l0to www.bloomberg.com/opinion/articles/2024-02-22/put-the-money-in-the-boxx
Short term treasuries are falling down so now may be better to move from them to the longer terms or even CDs as longer term CDs paying more than the treasuries.
If short term treasures come down, CDs will follow. But, I agree on longer term treasuries - BUT they are going to be more volatile.
mYGA will slow interest or a percentage withdrawal without penalty in some myga’s
Definitely not a fan in any way of CDs! It’s amazing how high the yields have risen to for all short term investments, again, not for me. People in later years of retirement or very skittish investors have so many options today.
Yeah, it’s a very different story than a few years ago - but of course these rates aren’t locked in and can always go back down.
1% of your portfolio in Bitcoin!!
Haha! My favorite Bitcoin maximalist. :)
I'm sticking around for that video you will eventually make !