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Vanguard and Fidelity Just RAISED Interest Rates! (VMFXX, SPAXX)
Best 4th of July Deals!: https://amzn.to/3yxQ4o4
See my $148,000+ Stock Portfolio: https://www.patreon.com/citizenoftheyear/posts
Vanguard and Fidelity have yet again increased the interest rate on their money market funds VMFXX and SPAXX & FZFXX. These now offer about a 5% interest rate on uninvested cash. These funds buy short term government assets, which are among the safest low risk assets out there. I'm not sure what other investments can give this high of a yield with such little risk.
Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice. Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one.
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By CitizenOfTheYear
4.4
99 ratings
Best 4th of July Deals!: https://amzn.to/3yxQ4o4
See my $148,000+ Stock Portfolio: https://www.patreon.com/citizenoftheyear/posts
Vanguard and Fidelity have yet again increased the interest rate on their money market funds VMFXX and SPAXX & FZFXX. These now offer about a 5% interest rate on uninvested cash. These funds buy short term government assets, which are among the safest low risk assets out there. I'm not sure what other investments can give this high of a yield with such little risk.
Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice. Some of the links on this page are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one.
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