Would you buy Money Market ETF's?

[ggnn2020]

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

Which Vanguard MM fund is 0.5% now? I used VMMXX but it's only about 0.2%.

 

[terrifrancis]

Yes, I would definitely buy it. It is just like a mutual fund which we can buy and sell at the real-time price. ETFs have low operating costs and are more tax efficient. It helps investors to build a diversified portfolio with low investments. Also, they are safer than buying individual stocks. It carries abundant liquidity and is a good investment option even for beginners.

 

[Dicer]

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

I think TLT is leveraged IEF/SHY

 

[Dicer]

Over the past few months, I try to change my base holding from USD to money market ETF (eg. IEF/SHY/SHV).

However, you can lose money because of commission or market slippage.

(Currently, I am using IBKR, so if you cannot gurantee your money market etf profit > commission, holding USD is better than money market ETF)