Your Broker Is Pocketing the Yield on Your Idle Cash. This ETF Hands You Roughly 4%
Most brokers quietly earn the full short-term Treasury rate on your uninvested cash while crediting you a fraction of a percent, and the dollar difference on a typical balance over a year is not trivial.
Most brokers quietly earn the full short-term Treasury rate on your uninvested cash while crediting you a fraction of a percent, and the dollar difference on a typical balance over a year is not trivial.
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