Robinhood Gold currently returns 4.15%. Heard in a podcast about someone earning over 5%. Does the return percentage increase after your brokerage cash surpasses some trheshold? Otherwise, are there any better alternatives? Tc 330k Yoe 9
Capital one CD is 5%+
Wealthfront giving 4.05%
You might have heard about leveraged bonds. Their returns are 5-9% currently.
Is there anything that gives above 4% ? All I see are annual rates
I bond
Expires at 3 months and then back to 3.75%
VMFXX, 4.5% with no lock in and rates increase as the Fed increases. Underlying assets are government money market obligations so it's as good as the FDIC. Buy/sell for free on ETrade and probably Vanguard.
A 6 month treasury is over 5.2% (and state tax free) Staying in a treasury money market may get you the same thing, but the 6 month bond will lock in that rate instead of the uncertainty around how much short term rates will change during this time
Buy toilet paper, return on that is madness.