2 ETFs to Buy That Are Nearly as Stable as Cash but Can Offer a Much Better Return
In today's interest rate environment, holding a significant amount of cash isn't an unreasonable position to take.
While long-term investors will likely maximize their returns by buying and holding stocks, those needing cash in the near term or building an emergency fund are smart to hold cash. With high-yield savings accounts offering interest rates of 5% or more, you're earning a solid real return on your cash savings these days.
But if you're looking to get more out of your cash holdings while you wait for an opportunity to use it, you might be able to do better than a simple savings account. The trick is to make your cash savings more tax-efficient.
Source Fool.com
