Got an email teaser on this today, is it worth consideration for ready cash reserve? I have several holdings in Vanguard Brokerage already.
Well, if you already have a Vanguard brokerage account and you want to keep everything with one provider, seems like a good option. I suppose I have to ask how long you would park the money before we could talk alternatives…
Would probably park it until I run out of nickels to feed the meter… kidding. I guess the answer would be indefinitely. Not a large sum, probably enough to cover basic living expenses for 6 months or so, not more than about $35k.
So we are talking about an emergency fund then ? Honestly I would say your choice above is good enough. No reason to chase another 0.1% return for the complexity of managing another account. If you are really bored you could setup short term T-Bill ladders and get mid 4s returns.
1 Like