Have about $66,000 that I want to gain interest on risk free. I’ve heard a lot about SGOV but honestly don’t know much about it. This money has been making about 3.25% in a HYSA. I doubt I’ll need any of this money for the long term but want to keep it risk free as I already have most of my net worth in the market. Suggestions?
Should I keep my money in HYSA or move it to SGOV?
byu/Same_Bag711 infinancialindependence
Posted by Same_Bag711
1 Comment
If you are fine with a day of delay in liquidating it if/when you need it, SGOV or many money market funds would provide a higher interest rate than 3.25.