The Crockpot Recession (EP.304)
Animal Spirits Podcast
00:00
The Low Cash Drag in Investing
Charles Schwab's transactional cash per account is as low as it's been since 2004. With Robin Hood's cash sweep, which you don't have to do anything for, I think they pay 4.4%. "There's no reason to have a 10% cash drag in your long-term investing portfolio," he says.
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