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Purpose High Interest Savings Fund (PSA)
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Global X High Interest Savings ETF (CASH)
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Global X 0-3 Month T-Bill ETF (CBIL)
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High Interest Savings Account ETF (HISA)
Q: I am concerned about the height of the stock markets and am in the process of reducing my equity holdings. If there is a correction or bear market next year, then I would want to be able to invest again at some point.
With the cash that becomes available from the sale of equities, what would you recommend as an investment? I am looking for something that is extremely safe, can be sold at any time (which eliminates a GIC for consideration) and gives me a bit of yield/gain. Are there any ETFs which fit this bill?
Thank you for this wonderful service.
With the cash that becomes available from the sale of equities, what would you recommend as an investment? I am looking for something that is extremely safe, can be sold at any time (which eliminates a GIC for consideration) and gives me a bit of yield/gain. Are there any ETFs which fit this bill?
Thank you for this wonderful service.
5i Research Answer:
We would suggest a high interest or TBill ETF such as CASH, PSA, HISA, CBIL. These all trade and...