Opinions
Larry Berman CFA, CMT, CTA
Vanguard Cdn Short-Term ETF
VSB-T
COMMENT
May 16, 2016
$24.730
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
Advertising
Bond ETFs vs. GICs. If you have a 5 year GIC, you have zero risk. There is no volatility. VSB-T has price risk for the next 5 years and it does not mature. It is not a replacement for a GIC. You are taking interest rate risk. A bank is a better way to play it if you want a slightly higher yield than a GIC.