Where to Park Brokerage Cash
| Cash option | Access | Details |
|---|---|---|
| Core position or bank sweep | Check your broker’s cash setting. | |
| Money-market mutual fund | Daily orders; broker-specific withdrawal rules. | |
| Treasury ETF | Market-hours trading; settlement required. | |
| Individual Treasury securities | At maturity, or sell at market price. |
Sources & yield conventions
Start with your account’s cash setting: uninvested cash may already sit in a core position or bank sweep. Check its yield and withdrawal rules before choosing a separate investment.
APY, 7-day fund yields, 30-day SEC yields and Treasury par yields use different conventions. Compare the stated period and cash-access rules alongside the rate.
Deposit insurance and brokerage account protection are different. Neither protects an investment from market losses.