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Investment Strategies / Mechanical Investing
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Author: rayvt ✧  😊 😞
Number: of 4356 
Subject: Re: where to store money
Date: 07/24/2025 3:43 PM
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No. of Recommendations: 2
For temporary cash holdings, Fidelity is the place to be. Their default for your cash balance is SPAXX Treasury Money Market fund. The money get moved in and out of it automatically.

If I didn't have stock-only accounts at Etrade and Schwab I would move everything to Fido. The amount of cash I carry in those accounts is rarely over $100, so who cares how little interest they pay.

For longer cash holdings I like FLRN, Bloomberg Investment Grade Floating Rate ETF
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