Hi everyone,
For short term investment, I'd like your opinions regarding SGOV, VBIL and VUSXX. The yield is similar, VBIL has the lowest expense ratio at 0.06%, VUSXX has the best liquidity just because it is a money market fund. However, most people use SGOV, I don't quite understand the rationale behind the decision. In addition, the recent issues of private equities involving BlackRock and other banks make me worried about SGOV although possibility of default by BlackRock is near zero.
If I would sell SGOV, the best time is just after its monthly distribution to minimize the capital gains?
Thank you.