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7 pts

Opinion on  SPDR Lehman 13 Month TBill ETF (BIL)
Cash Is King

Apr 17, 2008 09:12 PM GMT
Steve
Return Risk
+0.64% MID
Sr. Analyst

A huge part of my investing success comes from a large cash position. My Glam 5 Index is currently 70% cash. BIL is the closest thing to cash traded on the equity exchanges. The fact that it is run by Lehman gives me the creeps. I'd recommend T-Bills or GIC's over BIL any day. I wanted to have this included in my positions on Social Picks because I think cash is the most important part of any portfolio.


BIL:  This call was made on 04/17/08 @ $45.89
Rating:   Positive   $45.89 (04/17/08)
Closed:   06/09/2008 @ $45.815 (-0.16% in 53 days)
Target:   in > one year


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Who voted on this idea?
Weiting Liu 50% 04/24/2008



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