Would you buy Money Market ETF's?

[TimtheEnchanter]

TD Ameritrade has no decent money market to park cash. (unlike Vanguard) - I am looking at some alternatives...
https://www.investopedia.com/articl...op-4-money-market-fund-etfs-2016-shv-near.asp

 

[SanMiguel]

What about short term treasuries?
Not much interest in MM either

 

[TimtheEnchanter]

Treasuries pay less. Some of these ETF's pay 1.5% - see the link.

 

[S2007S]

Thank the fed for giving you absolutely nothing ....zerroooooooooo interest on your hard earning savings.

 

[TimtheEnchanter]

Thank the fed for giving you absolutely nothing ....zerroooooooooo interest on your hard earning savings.

Two of them I found safe. BIL, SHV the others have charts like this...
https://www.investopedia.com/markets/quote?tvwidgetsymbol=gsy

 

[JSOP]

What's the point of Money Market ETF when you can invest in Money Market directly?

 

[actively]

Depending on the term, I would say.

 

[Market_Diver]

Not familiar with these Money Market ETFs. Is it possible to leverage these instruments?
If yes, how many times?

 

[TimtheEnchanter]

Not familiar with these Money Market ETFs. Is it possible to leverage these instruments?
If yes, how many times?

I do not think any of them are leveraged internally. With your broker, the cost of it would be more than the interest paid IF the broker allowed it.

 

[TimtheEnchanter]

What's the point of Money Market ETF when you can invest in Money Market directly?

TDA pays nothing on their MM. Vanguard was far better 0.5 %