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re: IMO, best place to park cash...

Posted on 2/15/24 at 9:28 pm to
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 2/15/24 at 9:28 pm to
quote:

This is a confusing statement, these funds are not paying out the yield monthly. The yield is a yrly yield and the percentage is based on the previous months average rate, correct?


Depends where you look. Many sites quote trailing yield which can be misleading. Best place to check the annualized yield (which is changing weekly) is Here.
Posted by GREENHEAD22
Member since Nov 2009
19626 posts
Posted on 2/15/24 at 10:21 pm to
Thank you sir.
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