Opinions
Mike Philbrick
Purpose Cash Management Fund ETF
MNY-T
PARTIAL BUY
Aug 29, 2025
$100.030
Stock price when the opinion was issued
0
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
Money market fund. Very short duration, corporate, AAA treasury assets. Great place to park cash if you think everyone else is out over their skis. He doesn't think this is the case. Most hated market rally in history. Massive tailwinds like AI and data centres. You can put it here and wait for opportunities, as corrections come even in bull markets.
Challenge is that we just had a weak GDP number, so the yield is going to go lower because we're going to see easing. And then people are going to start chasing risk assets for better yield. Yield is a bit over 2%.