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High yield savings, money markets, CDs, or T bills?

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bytor9@lemmy.ml
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personalfinance@lemmy.ml
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Where all my cash hoarders at and where do you park your savings?

Also, how do you decide how much cash to hold vs invest?

Personally I enrolled in Robinhood Gold for the 4.9% APY. It costs $5/month.

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jeffw@lemmy.world
8 points

Treasury yields aren’t that amazing right now. If you need it liquid, just find a HYS. Some short term CDs go over 5% if that’s liquid enough for you

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sugar_in_your_tea@sh.itjust.works
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Really? I’m seeing t-bills between 5.3-5.4% yield right now, depending on duration. Treasuries have been great this year.

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ATQ@lemm.ee
8 points

VMFXX has a 7 day SEC yield of 5.28%.

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