|
Virginia, Northern Neck | We keep almost all of our stable assets in USFR (WisdomTree Floating Rate Treasury Fund) ETF.
USFR has returned 5.48% over the previous 12 months, and dividends are not subject to state tax.
Floating Rate Treasury Notes are the newest Treasury product, introduced in 2013.
From my perspective, they are the equivalent of a payday loan to the U.S. Treasury.
We know the Treasury will always pay, we just don't know how much that money will buy. | |
|