Thursday, July 14, 2011
I decided to sell my ETF for Treasuries. It pays only a little interest, and that was a tradeoff for its supposed great security. Now that paying interest on the national debt is a political football, I don't feel that secure and so it makes no sense compared to other fixed income investments. I see the credit rating agencies are starting to warn about the US Government AAA rating. Pretty late I'd say.
Posted by RichardG at 3:02 PM