Israel Bonds as a substitute for cash

Discussion of the Cash portion of the Permanent Portfolio

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Fradika
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Israel Bonds as a substitute for cash

Post by Fradika »

Friends,

I like Israel Bonds, because the yield is just slightly higher than the Fed. Assuming that I don't need the funds for the duration of the bonds, are Israel Bonds an acceptable place to store PP cash? Thanks,
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Pointedstick
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Re: Israel Bonds as a substitute for cash

Post by Pointedstick »

Do you live in Israel?

If not, then no.
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Ad Orientem
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Re: Israel Bonds as a substitute for cash

Post by Ad Orientem »

Pointedstick wrote: Do you live in Israel?

If not, then no.
+1

Holding bonds or cash in the currency of a country that is not your own, exposes you to all of the risks of the currency markets. Cash is for safety, not yield.
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Reub
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Re: Israel Bonds as a substitute for cash

Post by Reub »

I think that Cypriot bonds might have an even higher yield. ;)
Last edited by Reub on Tue Mar 11, 2014 6:34 pm, edited 1 time in total.
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