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  • Money Markets Pay 4.5%. If You’re Getting Less on a Sweep Account, It’s Time for ‘Cash Sorting.’

Finance

Money Markets Pay 4.5%. If You’re Getting Less on a Sweep Account, It’s Time for ‘Cash Sorting.’

02/11/2023
Bitcoin Ethereum News

“Schwab cash solutions fall under two categories,” says the company’s website. They sure do. Here are some questions that can help determine which is right for you: Do you like money? Do you prefer good things to things that are dissatisfying?

If you had to choose between, say, apple pie and being splashed head-to-toe by a roadside slush puddle, are you the kind of person who’d take the pie?

Source: https://www.barrons.com/articles/money-market-funds-accounts-3ea0eaf3?siteid=yhoof2&yptr=yahoo

Tags: $SPX, Account, BAC, bank of america, Business, Business/Consumer Services, Cash, Charles Schwab, Column, consumer services, Diversified Holding Companies, financial planning, Financials, general news, JPM, JPMorgan Chase &, Magazine, Markets, Money, Pay, Personal finance, Personal Investments, Political, Political/General News, S&P 500 Index, SCHW, Sorting, Streetwise, Sweep, SYND, Time, Youre

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