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Lately I have had a couple of reasons to keep cash in or near a brokerage account (brokerages offered signup bonuses for transferring assets, and affiliated ban
by mherdeg 7y ago
Lately I have had a couple of reasons to keep cash in or near a brokerage account (brokerages offered signup bonuses for transferring assets, and affiliated banks offered mortgage relationship rates based on total balances in brokerage accounts).
I've been buying one of VMMXX, VUSXX, or VMFXX and have been pretty happy with the results; the returns are comparable to a savings account, I'm not sure they're beating the current Wealthfront 2.51% cash account offer.