Nothing wrong with using it instead of a money market fund to park US dollars. He doesn't own this one, but does own ones that are similar.
Stock price when the opinion was issued
BIL is a money-market-oriented ETF. For 2-3 years, look at SHV and SHY, to get interest rate exposure. He doesn't expect the Fed to cut rates for at least 1.5 years.
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Croft Financial Group
5i Research
Short Hills Capital Partners
Douglas C. Lane & Assoc.
New Edge Capital
Nothing wrong with using it instead of a money market fund to park US dollars. He doesn't own this one, but does own ones that are similar.