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re: AMEX HYSA - 4/9/24 just dropped for first time from 4.35% to 4.3%
Posted on 5/11/24 at 2:16 pm to SquatchDawg
Posted on 5/11/24 at 2:16 pm to SquatchDawg
quote:
SPAXX is at a 7 day yield of 4.95% in my Fidelity MM and if something happens I can move it to just about anything.
Any early redemption fee on this?
Posted on 5/11/24 at 5:56 pm to Cosmo
quote:
Any early redemption fee on this?
Nope. It’s a money market holding account…interest paid monthly.
ETA: obviously the caveat here is if the Fed starts cutting that return will drop, but unless something happens that breaks money market funds the initial investment is safe.
This post was edited on 5/12/24 at 9:44 am
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