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Open a brokerage account and buy SGOV with your cash savings. Done.
by matwood 2y ago
Open a brokerage account and buy SGOV with your cash savings. Done.
- arcticbull 2y agoIBKR just pays you like 4-5% on idle cash, so do a few other brokerages. Don't even have to buy anything.
- matwood 2y agoSure, but you’re back to moving to a brokerage who gives a good rate. If someone doesn’t already have a brokerage then IBKR is a fine choice. SGOV works with any brokerage and is mostly state tax free as a nice bonus.
- arcticbull 2y agoAh gotcha.