Looking for any products or strategies can earn more than 0.5% for US$ cash

Discussion in 'Fixed Income' started by bobj, Jun 24, 2020.

  1. bobj

    bobj

    As the Fed cut rate to near 0%, I move most my index ETF positions to ES futures. Now, I have a lot of cash and margin room at hand. So I'm looking for a way to use the idle cash and margin room. Even 0.5% annually income with risk free is OK. Is there any way to do that? thx.
     
  2. Overnight

    Overnight

    Go short a Gold ETF
     
  3. xandman

    xandman

    Nope. You will have to take on duration risk out the Treasury curve or go into a 1% yield savings account with Ally or Marcus which are "loss leaders" for those institutions. Better verify the FDIC protection.

    Maybe you can do Options box spreads for a minute yield after commissions. It will be a lot of work!