SHORT-TERM Investing // Money Market Funds (BMO ETFs)

Where do you park cash for SHORT TERM goals? How do you invest for 1 to 2 years? What are Money Market Funds? How do they compare to GICs and Savings Accounts?

Sponsored by BMO Exchange Traded Funds
#ad #BMOETFs #BMOGAM #ETFs #investing

Money Market ETFs are perfect for my short term investing goals, 1-2 years. With these ETFs, I can invest in hundreds of low-risk, cash equivalents like bonds and treasury bills. That gives me reliable monthly cash flow PLUS flexibility. My money is NOT locked-in like a GIC. I break down all of the benefits of Money Market ETFs like ZMMK and why I am investing in them for my short term goals 🇨🇦

This video is sponsored by BMO ETFs but all of the views and opinions are my own. Read the disclaimer below.

Follow ETF Market Insights on YouTube:

BMO ETF Centre:

ZMMK:

SKIP AHEAD ⏩
-Short Term Investing: 0:00
-Money Market Fund: 1:52
-ZMMK: 2:30
-Liquidity: 4:27
-Keep in Mind: 5:12
-NOT Long Term: 5:40
-Price Chart - ZMMK: 6:12

Disclaimer:
The Graphs at 0:59 & 1:11 are sourced from S&P Global.
This video is sponsored by BMO Exchange Traded Funds. Adrian Bar is compensated under this arrangement by BMO ETFs.

This communication is intended for information purposes only. This update has been prepared by Adrian Bar and represents their assessment at the time of publication. The comments contained do not necessarily represent the views of BMO Global Asset Management. The views are subject to change without notice as markets change over time. The information contained herein is not, and should not be construed as, investment advice to any party. Investments should be evaluated relative to the individual’s investment objectives and professional advice should be obtained with respect to any circumstance.

Views expressed regarding a particular company, security, industry or market sector should not be considered an indication of trading intent of any investment funds managed by BMO Global Asset Management. Any reference to a particular company is for illustrative purposes only and should not be considered as investment advice or a recommendation to buy or sell nor should it be considered as an indication of how the portfolio of any investment fund managed by BMO Global Asset Management is or will be invested. This social media network is an independent organization and is not affiliated with BMO Global Asset Management.

BMO (M-bar roundel symbol)” is a registered trademark of Bank of Montreal, used under licence.

DISCLAIMER: I am NOT your financial advisor! My videos and the topics discussed are my opinions and are presented for entertainment purposes only. This information should not be construed as legal or financial advice. It is always up to YOU to do your own due diligence. It’s YOUR money so make YOUR own decision!

DISCLAIMER: Links included in this description may contain affiliate links.
I will only ever suggest services or products that I use myself and I personally believe in.
If you sign up using my affiliate link, I will receive a small referral bonus at no extra cost to you!
Thank you for supporting The Canadian in a T-Shirt! =)

[CanadianTShirt]

Money market funds are great for my short term goals but NOT for long term investing! If you want quality ETFs for building LONG TERM wealth, check out my ETF video here 👇

[travisbaynham]

I appreciate you disclosing your sponsorship. Your transparency is refreshing. I'm a big fan of money market funds myself.

[thehybridinvestor]

Sponsorships make sense when you’re actually investing in the products that they’re offering. Those that don’t really show that they’re after monetary reward more than educating their audience on products they believe in. Good on you sir!

[shawn]

Wow video released just in time. Was trying to decide where to park my money for a downpayment in 1-2 years

[Woogzzzie]

Glad to see you get another sponsorship! You're one of the few creators I trust. I started heavily investing 8 months ago and have built my portfolio to about 80k at 24 years old (huge thanks to my parents for letting me live with them at this age lol). Keep up the great work! This sponsorship is much deserved.

[evadeanu]

Great video again! Interesting as I never considered money market funds before. I might store the next vacation money in it. Thanks!

[ArleneCreates]

Congratulations on getting sponsorships on your channel and thank you for your openness and transparency. I just joined a FB group on dividend investing and send people your way as you're so educational. I'm far from being a millennial and am from the generous that adhered to David Chilton's first book on mutual funds, as well as many other authors. Thank you for being on here and educating on ETFs, as well as anything, really. I even suggested to a brand new immigrant to turn to your channel as you talk about the new FHSA, as well as other financial vehicles available to us Canadians. As most content on YouTube are all geared to Americans, it is refreshing you have your channel and are so generous with your time. Thank you.

[frankinfante]

PSA, HISA, CASH and HSAV are also good ones.

[joyeeyang]

Thinking of where to allocate my funds... this is just the video I needed!

[adn]

Hello from St. John's, Newfoundland. That's a very interesting topic. I always feel we have inferior options than the US, but I'm thrilled we have someone like you to keep us to date with the Canadian options.

[eagerbeever]

There are Cashable 1 year or 2.year GICs with some banks but their interest rates are not as high as the yield on this money market fund from BMO. Great Video!😊

[suchitrabiswas]

Kudos to you❤ lots of respect and love ❤❤ totally make sense on various investing option.. Thank you again.. Can I make videos gathering some infos from your channel.. Though it wont be same.. Inspired by you.. Thank you again ❤

[OfficialMutey]

I use CASH ETF for my short term savings, yield is about the same.

[stormtrop]

Great info! Thanks Adrian! I've been focusing on longer term investing in my TFSA and RRSP but now I want to save some money for a dream vacation I've been planning for. This seems like just the thing I would use to get the most out of my saving for the short run.

[Dor_alien]

Greetings from Lethbridge Alberta! This is great timing! I'm looking at turning my house into a rental property sooner than later and therefore will be looking for a new home to live in so I'll definitely be investing in ZMMK. Thanks Adrian 👊

[fenixxx]

Congrats on the sponsorship! With a similar etf such as CASH, would you park your emergency fund in here to collect the interest rate?

[goldenrectangle]

Hello again, is there a catch to this( 6:07 )? It seems to me that if a person already has a LOT of wealth then they can just put in a lot at the beginning of the month to get a big return at the end of the month, and then repeat every month, unless I'm not understanding something.

[thebenzeneboi]

Just confirming that we should be buying these in a non-registered account if we need to liquidate the assets within 1-3 years?

[billyrock]

Awesome video! 👍 🇨🇦

Under 10 minutes too! 😊 👍

[joevenuto]

Appreciate the transparency but wouldn't the audience be better served by showing all available Money Market ETFs and doing a pros and cons comparison?

Although the BMO product served us well to walk the scenario, I am left wondering if there are better or worse competing products from the other banks?