The uninvested cash in your brokerage account sits somewhere by default, usually a cash sweep, and at many brokers that default pays a fraction of what a money market fund would. The two are easy to confuse because both hold cash and feel safe, but they differ on the three things that matter: how much yield you earn, what kind of protection stands behind your money, and how quickly you can reach it. This guide compares a cash sweep and a money market fund on yield, safety, and access, so you can decide where your idle cash actually belongs.
The post Cash Sweep vs Money Market Fund: Yield, Safety, and Access first appeared on VentureLab.
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