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Boosting This One Again
- Jun 18
- 1 min read
It is not in the index that I am trying to beat (60/40), and it is very large in my ETF model portfolio, but I am boosting iShares Bitcoin Trust ETF (IBIT) again at a lower price than yesterday. I am funding this purchase the same way, by trimming Vanguard Short-Term Treasury Index Fund ETF (VGSH). I would sell some stock ETFs to fund it, but I am already very low equity exposure. This is my second pre-market trade in a row. Bitcoin has been pulling back, while precious metals have been performing similarly very recently. In June so far, IBIT has led the way lower:
The 1 year picture is a lot nastier for IBIT:
The trades:
Sell 30 VGSH at $58.09
Buy 50 IBIT at $36.20
The updated model portfolio:
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