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0 pointsmatwood1y ago0 comments

Open a brokerage account and buy SGOV with your cash savings. Done.

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3 comments · 1 top-level

arcticbull1y ago· 2 in thread

IBKR just pays you like 4-5% on idle cash, so do a few other brokerages. Don't even have to buy anything.

Sure, 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.

arcticbull1y ago

Ah gotcha.

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