Money Market Accounts A money market account is a deposit account offered by a bank or credit union. Money market accounts are savings accounts that generally pay a higher rate of interest than traditional checking or savings accounts. Banks and credit unions that...
Fidelity government money market SPAXX is widely used by investors with $400 billion in the fund. I have often wondered how many of these investors realize they are paying .42% per year in invisible fees? High Fees High Taxes The problem with SPAXX is not just limited...
Investors looking for alternatives to Fidelity Government Cash Reserves fund, FDRXX should consider i-shares SGOV etf. SGOV may provide a better return, especially for taxable accounts. In this article we will compare FDRXX to SGOV to demonstrate why SGOV is the...
T-Bills and money markets are both popular choices for investors looking to earn interest from their cash. T-Bills are simple and straightforward. T-Bill interest is state tax exempt. Money markets are more complicated. Money markets come in two forms, money market...
Recently stocks, particularly the Magnificent Seven stocks, have fallen off a cliff. A recession looks all but imminent at this point. At HighPass, we have been warning investors since 2024 to update their risk tolerance, shift their portfolio away from tech stocks...
The recent research paper, Beyond The Status Quo: A Critical Assessment of Lifecycle Investment Advice, has created a lot of buzz since the paper was published. The authors advise an optimal retirement portfolio that is 100% equities with 33% in domestic stocks and...
