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Money Markets Pay 4.5%. If You’re Getting Less on a Sweep Account, It’s Time for ‘Cash Sorting.’

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Money Markets Pay 4.5%. If You’re Getting Less on a Sweep Account, It’s Time for ‘Cash Sorting.’ | Barron’s

“Schwab cash solutions fall under two categories,” says the company’s website. They sure do. Here are some questions that can help determine which is right for you: Do you like money? Do you prefer good things to things that are dissatisfying?

If you had to choose between, say, apple pie and being splashed head-to-toe by a roadside slush puddle, are you the kind of person who’d take the pie?

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