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Keep an eye on your cash account yields. - Printable Version

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Keep an eye on your cash account yields. - fenders53 - 05-03-2020

If you haven't checked your current yields on your variable rate settlement accounts, money markets etc. you might want to give them a look.  I usually, do but I haven't for only a couple months.  The reasons are obvious and I understand why I don't get risk free 2% yield anymore, but some of my yields fell off cliff.  I was surprised to see a few threatening to go sub .50% after the small fund fees are subtracted.  They were over 1% just a few months ago, and 2%  maybe 15 months ago.  That doesn't work for me at all during the times my asset allocation gets a little cashy.  I guess the upside is this will make people think twice before they completely abandon equities for long.