Author Topic: Cash in an Interactive Brokers Account  (Read 1693 times)

butch1130

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Cash in an Interactive Brokers Account
« on: December 28, 2015, 01:14:37 PM »
Hello,
I recently opened an IB account with some money I inherited.  I would like to keep it as close to cash as possible.

Does anyone  have any thoughts for where to put this money?  I know that Money Market Funds are paying virtually nothing.  I know that some internet bank Savings accounts are paying near 1%.

Are there cash equivalent products I could invest in through my IB account that would match or beat this 1%?

Thanks,

butch1130

bacchi

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Re: Cash in an Interactive Brokers Account
« Reply #1 on: December 28, 2015, 01:35:13 PM »
Buy some treasuries?

 

Wow, a phone plan for fifteen bucks!