SPDR Lehman 1-3 Month T-Bill ETF (BIL)

All Comments on BIL

  • commenter
    Jul 31 08:49 AM
    My Website
    Bogleheads Takes on 'Sell in May and Walk Away' [view article]
    Mish...phaser set beyond stun (my headline)

    I put this quote from mish on my blog today... I find his view persuasive.

    ".....Credit Crunch Reaches Critical Mass...

    Reply
  • commenter
    Jul 30 04:56 AM
    Bogleheads Takes on 'Sell in May and Walk Away' [view article]
    Enter back in November? Always thought it'd be more like September, after a nice 3 month summer vacation.
    Reply
  • commenter
    Jul 15 11:38 AM
    Bond Expert: Tuesday Outlook [view article]
    Good review. The markets are about adjust again, this time to lower yields, but soon that changes and we will lose money in bonds and stocks. That should be a bottom for a while until the fall plunge. Reply
  • commenter
    Jul 14 03:41 PM
    Treasury Market: Confounding the Nonbelievers [view article]
    The new bills issue was a surprise, but not unexpected. The offers of the GSE are what keeps everyone on edge. Who wants their equity when it is known holders will be stiffed if a shut down is needed to avoid government owership outright. This is classical government finance with Congress running loan policy and the agency hacks running the finances to pay the bills. It can not end well no matter what policy is selected. Credibility is the life blood of investment, and when its gone, its over. Reply
  • commenter
    May 28 12:45 PM
    Short Bond ETFs Get Short Shrift [view article]
    Don't even THINK about using closed-end funds when you now have so many legitimate ETF choices. CEFs are broadly manipulated. Try getting out of a CEF when the market turns south. Leave CEFs for the pump-and-dump brokerage firms who think all "clients" are simple marks. Reply
  • commenter
    May 28 08:03 AM
    Short Bond ETFs Get Short Shrift [view article]
    I haven't done any analytical work on CEFs--their discount/premium pricing has always disturbed me, especially for a purchase that may be temporary. How do you know that a discount will not turn into a deeper discount when it comes time to sell?

    You may have a good idea, though, if you can live with the pricing uncertainity. It might help others with your same inclination if you would put together a list of CEFs that operate in the ultrashort space.
    Reply
  • commenter
    May 28 07:41 AM
    My Website
    Short Bond ETFs Get Short Shrift [view article]
    Good article. I have one question though - why aren't closed end funds considered in this sort of analysis? It seems to me that some of them might offer a good value, especially if they are trading at a substantial discount. Reply
  • commenter
    May 27 11:11 PM
    Short Bond ETFs Get Short Shrift [view article]
    If the Gann people turn out to be right and we are entering a 10-year bear market in bonds, the ultrashort ETFs will be more and more popular. Reply
  • commenter
    May 27 05:29 PM
    Short Bond ETFs Get Short Shrift [view article]
    I used BIL as my MMF earlier this year after reading in the semi-annual report my Columbia Treasury Reserves was full of Bear Sterns repos. So for me it was a matter of safety at the time. Since then Columbia has replaced the Bear Sterns repos with other repos. Reply
  • commenter
    SeekingAlpha
    Editors
    Apr 06 05:22 AM
    My Website
    General Discussion on BIL
    Is this a buy or a sell? Reply
  • commenter
    Mar 15 07:38 AM
    Ian McAvity on the Economy and Gold [view article]
    The T-bill play works like this:
    As the markets crash, the value of the funds placed in the market decrease. If you look, you will see that even gold stocks take a hit when the market goes down significantly. This is because certain holders of gold stocks sell them for cover on positions in other markets, or to take advantage of perceived "values" in other markets. So in a crash when everyone is running for the exits T-bills are the currency of last resort. When they are not honored, only the gold and silver under your bed will have value. Of course you better have a stock pile of beans, rice and ammo too!
    Reply
  • commenter
    Mar 13 11:01 AM
    Why You Should Worry About Negative Short TIPS Spreads [view article]
    Yes on the bear-bull spread idea; see Hulbert in Barron's online week of 10 March.
    EJW
    Reply
  • commenter
    Mar 12 05:22 PM
    Ian McAvity on the Economy and Gold [view article]
    Great interview and report! IM calls it bang on, knows his stuff, we should see / hear more from him, CNBC, WSJ Barrons etc... should speak with him as his views make a lot of sense.
    Reply
  • commenter
    Mar 09 08:18 PM
    Ian McAvity on the Economy and Gold [view article]
    What? Reply
  • commenter
    Mar 09 01:48 AM
    Ian McAvity on the Economy and Gold [view article]
    A week dollar may be only worth say 50 cents a T Bill is worth 100 cents on the dollar giving you twice the purchasing power of a devalued dollar. so your neighbor has a dollar that will only buy 50 cents worth of gum. your T-bill will buy twice as much gum, because it is a t-bill and is worth 100 pennies. Reply