I trade commodities and want to keep my money in a safe somewhat high yielding account and then trade against it. I can put my money in t bills and get a whopping 1.6% return. Anything else I can put it in and get some kind of return.
Safe and high yield contradict one another. The yield on T-Bills is so low because people are willing to pay to be safe.
Add this to your statement to be complete: "And know of no other places to do so except maybe in similar kinds such as CDs". Read my handle, and you will understand that I think otherwise. But I do not want to start a debate here. I just want the readers to know that there are better ways, which maynot be known to them. So one should be careful to confuse the non-existence of something with "I do not know, therefore it does not exist".
Do you guys understand what I'm asking. When you trade you should never keep your money in non interest bearing account. T bills I can my money in....at this time the yield is nothing. I can't put it in a money market and trade against it...I'm not allowed. Does anyone have any ideas?? What do you guys put your money in that you can trade against. I think tbills may be the only thing
currency. You can buy high yelding bonds from countries with high interest rates, like: Turkey, Brazil, New Zealand, Australia Then trade against it in a currency acount.
I think what you are asking is what can you use as collateral for trading (i.e. -- additional margin) and receive a high quality return. To the best of my knowledge gov't notes, bills, bonds, etc....is the only type of interest bearing collateral you can use.