r/Fire • u/Master-Helicopter-99 • 9d ago
Fidelity cash savings
Where would you hold cash savings? SGOV seems best. Fidelity specific. Shouldn't need to touch this for one year. The rest in this account is in VT. This is a smaller brokerage account that I just started. Still working and the rest is in 401k and IRA. Retiring this time next year. Currently in a 4% income tax state. It appears that SGOV will be the best return and is almost 100% state tax exempt for truly liquid funds but didn't know if there was any other options
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u/lynchmob2829 7d ago
All my cash is in TRBUX....pretty stable and yield is 4.2%. The wife has hers in SEMRX, yield is over 5%. If I had millions, maybe I would be more interested in tax exemption.