Don't Leave Your Excess Cash in the Bank

April 21, 2023

Consider a Money Market

If you're someone who has some extra cash lying around, you might be wondering what the best way is to put that money to work. You could leave it in your bank account, but did you know that there could be a better option out there? In this video, Advisor Ryan Williams talks about why the risk-free rate is higher than what you can get at the bank, and why you should consider a money market.

´╗┐Click Here to Jump on Ryan's Calendar

Sources: fdic.gov/resources/bankers/national-rates and bloomberg.com/markets/rates-bonds/government-bonds/us

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional prior to making a decision.

Investing includes risks, including fluctuating prices and loss of principal. No strategy assures success or protects against loss.

All performance referenced is historical and is no guarantee of future results.

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund.