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by snowwrestler
2744 days ago
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That's my question. I understand how SIPC protects the cash in my brokerage account, and I understand how I can use that cash to generate returns. And brokerages have offered "cash management accounts" with checks and ATM cards for years. I don't understand what a "checking account" is that guarantees 3% interest and is covered by SIPC instead of FDIC. |
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