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re: IMO, best place to park cash...

Posted on 12/6/23 at 2:50 am to
Posted by Gideon Swashbuckler
Member since Sep 2019
5802 posts
Posted on 12/6/23 at 2:50 am to
A Robinhood Gold account will pay 5% APY on all univested cash. That's as liquid as it gets. FDIC insured up to $2.25m. Gold account costs a $5/month fee.
Posted by Big Scrub TX
Member since Dec 2013
33577 posts
Posted on 12/6/23 at 1:08 pm to
quote:

A Robinhood Gold account will pay 5% APY on all univested cash. That's as liquid as it gets. FDIC insured up to $2.25m. Gold account costs a $5/month fee.
USFR is north of 5.3% with essentially infinite liquidity and no need for FDIC insurance as it's in US Treasuries.
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