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Learning, Sharing, and Teaching => Ask a Mustachian => Topic started by: butch1130 on December 28, 2015, 01:14:37 PM

Title: Cash in an Interactive Brokers Account
Post by: butch1130 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

Title: Re: Cash in an Interactive Brokers Account
Post by: bacchi on December 28, 2015, 01:35:13 PM

Buy some treasuries?