I have a chunk of cash that I'm keeping idle for a few months as I DCA into a few individual stock positions and early stage venture funds. Since the cash is in a registered tax advantaged broker account, and I need the cash in the next 6mos to 1 year, I can't put the cash in a high yield savings account.
What vehicle with near term liquidity (3-5 days is fine) should I invest in? Schwab money market yields are dismal... is there a portfolio of near cash instruments I can invest in easily? (an ETF of corporate paper, safe bonds, t-bills would be sweet). Aiming for 1% annual yield if possible net of fees.
What are you guys doing?
Submitted July 05, 2017 at 01:25AM by litterpaws http://ift.tt/2tofe6b
