Just started to trade in March, still a novice trader here. But expected the US Fed to reduce the interest rate this year either once or twice. Hopefully it won't cause the market to fluctuate too much.
Taikor
OP
:
No is US ETF $SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (BIL.US)$ . This is the place if you want to hold as cash. It gives about 5.2%per annum and will pay dividend every month. But do take note I will get 30% withholding tax for the dividend as I am not from US. Recent news there are a lot of big shots selling their shares in US and we are expecting a reduce in US interest rate. So I'm holding first to see how's the market condition before buying more shares.
Taikor OP : No is US ETF $SPDR Bloomberg Barclays 1-3 Month T-Bill ETF (BIL.US)$ . This is the place if you want to hold as cash. It gives about 5.2%per annum and will pay dividend every month. But do take note I will get 30% withholding tax for the dividend as I am not from US.
Recent news there are a lot of big shots selling their shares in US and we are expecting a reduce in US interest rate. So I'm holding first to see how's the market condition before buying more shares.