Before 2008, when interest rates were this high, we would get a few percent interest on our uninvested cash at most brokers. When are brokers going to start doing that again?
Buy SNSXX (money market account) at TDA/Schwab with uninvested cash and earn 2.36%. Fidelity keeps uninvested cash in a treasury fund (SPAXX) earning 2.6%.
Hi David- we offer the ability to buy or fund with T-bill/notes or purchase a money market fund like the Vanguard Treasury Money Market Fund-VUSXX. https://investor.vanguard.com/investment-products/mutual-funds/profile/vusxx#overview Lightspeed Financial Services Group LLC. is not affiliated with this service providers. Data, information, and material (“content”) is provided for informational purposes only. This content neither is, nor should be construed as an offer, solicitation, or recommendation to buy or sell any securities. Any investment decisions made by the user through the use of such content is solely based on the user’s independent analysis taking into consideration your financial circumstances, investment objectives, and risk tolerance. Lightspeed Financial Services Group LLC does not endorse, offer nor recommend any of the services provided and any service used to execute any trading strategies are solely based on the independent analysis of the user.