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Kimla's avatar

At what point is holding short-term t-bills a risk? Are there certain markers that would make you cash out?

Thank you for your excellent writings - always clear and concise and humorous (which we need). I especially appreciate your willingness to tell us what you are doing to protect yourself. When I see the ice cube melting, it’s hard not to panic.

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James Lavish, CFA's avatar

Thank you Kimla, I really appreciate that.

As for T-Bills, I don't see any issue with those, as long as you are holding to maturity. The only problem is if you are doing that in lieu of any cash and leave no powder to take advantage of market drops or selloffs. Hope that helps!

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PaulC's avatar

Always a must read - thank you, James.

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James Lavish, CFA's avatar

Thank you Paul, I truly appreciate that.

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Mark's avatar

Thanks very much for the clear, concise information.

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James Lavish, CFA's avatar

You bet, Mark. Thank you!

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Edgar's avatar

Thanks for another great explanation of BRICS!

Future topic of interest: Bitcoin spot ETF - specifically the impact on price action (negative or positive over a 1-10 year period) with the likes of Blackrock (+others) getting an approval from the SEC. Factoring in realistic allocation over time (X.X% of their customer's portfolio), allocation in 401k plans?, and possibility of market manipulation on price action from such large allocators (assuming they would have enough capital to 'easily' move markets given the low liquidity).

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James Lavish, CFA's avatar

Thank you Edgar and I will put the spot ETF on the list!

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Jul 9, 2023
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James Lavish, CFA's avatar

Stay tuned! 😉

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