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re: IMO, best place to park cash...

Posted on 4/18/23 at 6:19 am to
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 4/18/23 at 6:19 am to
Those are basically packaged treasuries and are better than CDs.

One word of caution—the interest paid by an ETF is not going to be exempt from Louisiana income tax like buying a treasury would be. You can buy treasuries through your broker and they are very liquid.
Posted by slackster
Houston
Member since Mar 2009
85138 posts
Posted on 4/18/23 at 5:09 pm to
quote:

One word of caution—the interest paid by an ETF is not going to be exempt from Louisiana income tax like buying a treasury would be.


I’m about 99% positive that is incorrect.
Posted by Konkey Dong
Member since Aug 2013
2168 posts
Posted on 4/21/23 at 2:22 pm to
This is 100% a false statement for the etfs we are talking about
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