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
As of Sep 04, 2026. Market Open.
Good and straightforward, paying a reasonable yield.
Good, short-term bond for US dollars sitting in your account. If rates are going up, you want shorter-term bills because there's more turnover.
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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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.