I know some here make their living dispensing answers to questions like the one I am about to ask, so I fully understand if the answer is 'get a financial advisor'.
The question is, for cash sitting in a brokerage account, I see that it's only earning 0.30% interest. Where do you guys park it so it earns maybe at least a couple of percent?
My brokerage used to offer cash sweep vehicles that offered a little interest but they don't anymore and instead steered me toward the few money market funds they offer distribution yield ttm of not more than about 0.79%.
Would like to be earning something a little better than that, and be able to liquidate it fairly quickly if need be, no front-end or sales load, and no lock-up period. Maybe there's an ETF out there that suits the same effect?
TIA.