If one holds say 1 yr of expenses in I bonds (that at least 1 year old), 1 year of expenses in a short or intermediate TIPS fund, and 1 year of expenses in a short or intermediate treasury fund, at least one of the three assets should be a good source of liquidity in any scenario where the US treasury maintains solvency. Holding cash is not the only way to manage portfolio liquidity.
Statistics: Posted by Northern Flicker — Tue Sep 24, 2024 6:04 pm — Replies 86 — Views 6636