I have $300k cash sitting in an Ally Bank savings account at 3.4% interest. Robin Hood apparently offers 4%, but I don’t trust them. That 0.6% is $1,800 or $2k worth of interest. It would probably take me 30 seconds to make the transfer but I just don’t trust them with money.
Wealthfront > 4%. DM for referral
Capital one 11 month CD at 5%
Yes
What
I was just like you, but ended up taking the plunge last month. RH is now at 4.15% and I feel better knowing that the money is FDIC insured up to $1.25M because they cash sweep the money into 5 different banks.
For 3 months lol
DM me for Wealthfront referral HYSA at 4.55%
Just leave your money in fidelity and get 4.12%
fidelity pays 4% for cash sitting around?
SPAXX
What does trust have to do with regulations? This isn't crypto space. Robinhood has a cash sweep program in which a handful of banks hold the cash. And banks are guaranteed by the US govt through FDIC to ensure $250k per account. Generally most cash sweep programs guarantee over a million dollars total in FDIC.
Don’t you pay tax? After tax loss is less
Treasuries are >4% and no state tax.
Where can i buy treasuries?
Treasurydirect.gov or any brokerage
Please tell me you are not a human being. Otherwise everything you says/thinks in this post doesn't add up.