3Wk·

A good alternative to keeping cash on hand pays off.

30.09

iShares $ Treasury Bond 0-1yr ETF D

Received x2636.47 Dividends at $0.0922

$243.08

10 Comments

Epi@Epi

3Wk

Please note: This investment is essentially an investment in USD. Currency fluctuations far outweigh the interest rate differential.

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Donkey Diktator@DonkeyInvestor

3Wk

@Epi That's definitely by design

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Epi@Epi

3Wk

@DonkeyInvestor Maybe, but as an "alternative to cash parking"? 🤔

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Donkey Diktator@DonkeyInvestor

3Wk

@Epi USD is also cash

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Epi@Epi

3Wk

@DonkeyInvestor Even for a euro investor? Traditionally, this is called currency speculation.

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Donkey Diktator@DonkeyInvestor

3Wk

@Epi And for a Bitcoin investor?

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Epi@Epi

3Wk

@DonkeyInvestor...that's what cryptocurrency speculation is called. (Even though there are some BTC fans who deny that BTC is a cryptocurrency, since BTC is cryptic to most people and acts as kryptonite as an investment, they call it "crypto.")

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Donkey Diktator@DonkeyInvestor

3Wk

@Epi Oh, I see. Finally, someone’s explaining this properly. Now I get it, too. Question: Does kryptonite work against the good guys or the bad guys?

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Epi@Epi

3Wk

@DonkeyInvestor Kryptonite against the unsuspecting. There are a few evil ones, too, but they're harmless.

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Donkey Diktator@DonkeyInvestor

3Wk

@Epi I can live with that

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