50% off Premium Yearly
Purpose High Interest SavingsPSA.TOBUYMay 01, 2024Stock price when the opinion was issued
As of Jun 12, 2026. Market Open.
Likes the idea of PSA. TLT, he believes, is a leveraged play on the bond market and wouldn't do that. BNS high interest savings, for example, pays 4.75% for optionality and no risk.
For an ETF filled with 1-year bonds that's very low risk, look at ZST.L. Pays a high dividend, though it's interest. Very competitive rate. If interest rates come down, you might even get a bit of capital appreciation.
If he was concerned about a downturn, he'd just look at a daily high interest ETF like HISA or PSA. Those ones give you 5-5.5% right now, and next day liquidity.