Money market funds typically have low interest rates, comparable with a high-yield savings account. As inflation and interest rates go up, money market fund interest rates go up and vice versa. As of 4Q 2023, the average money market interest rate is over 5% thanks to aggressive Fed rate ...
Turnover Ratio - Expense Ratio - Yield - SPAXX Analysis S&P 500 Will Likely Underperform And 5% Money Markets Are NOT The Answer Investing Groups Covering SPAXX Cash Builder Opportunities 5.0 Cash Builder Opportunities Themes: Income Options ...
One of the major drawbacks to the CMA was that the only option for the core position was their “FDIC-insured Deposit Sweep”, currently paying 2.72% APY (as of 4/21/24). While better than the 0.01% many other brokers offer on cash sweeps, this yield is much lower than that of the...