parking cash in FSBIX

Discussion of the Cash portion of the Permanent Portfolio

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sk55
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parking cash in FSBIX

Post by sk55 »

hi guys,

i got a fidelity account.  I was thinking parking some cash in short term treasury fund fsbix (no fee, no short term trading fee).

i checked the chart on it its seems the volatility is less 1%.  i also like the fact it moved up alot during the 2008 crash.

What do you guys think is this a safe place to park cash for 6 months to 2 years?

is there some risks that i am not accounting for?
flyingpylon
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Re: parking cash in FSBIX

Post by flyingpylon »

I asked the same question last year:

http://gyroscopicinvesting.com/forum/in ... ic=3319.30

I ended up buying T-bills, but when I rebalance in a few months I may again consider buying some FSBIX.
hoost
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Re: parking cash in FSBIX

Post by hoost »

FSBIX is the next fund I'm looking at adding when I open an account with Fidelity for institutional diversification.  I will hold part of my emergency fund there; seems like it should be good for your purpose.
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