?? Work at Pickup Points � Flexible schedule

What is Vanguard’s Cash Plus Account? (High Yield vs Money Market Fund)

Duke of Early Retirement 22 views

Download Video

Comments

I’m a bit confused about what happens with the interest I noticed that interest transactions have an associated “Reinvestment” transaction that says it’s going to the bank sweep What does that mean? I would expect the interest to go into the account itself
Comment from : @Ryan_F

He didn't really end this video! He left us wondering with that question, should I put all my money in this account?
Comment from : @jessestraube6157

Has their complaints process improved any ?
Comment from : @MARTINA-gc3tq

so if you don't move into any of the investments, it just functions as a high yield savings account? with the 47
Comment from : @aaaaalvin4887

I decided to give this a try and use it for direct deposit and bill pay to replace chase checking Thanks for the video
Comment from : @jt78115

I’m in love with that FDIC Coverage Amount
Comment from : @PlaybookEmpire

Stay away from Vanguard and go with Fidelity instead
Comment from : @josephmgomez3921

Vanguard is terrible
Comment from : @josephmgomez3921

I like the FDIC aspect but would be nice to be able to write checks Think I’ll stick with VMFXX
Comment from : @sboy1955

What’s the advantage of this vs just buying VMFXX money market fund in a standard vanguard brokerage?
Comment from : @NextGenEvs

thanks for the plain quick explanation very informative; and i agree with your own conclusion -not worth it when you have other options (vng mm is just fine), btw i've seen on other yt channels (same topic) they go on and on with minutiae of info it's a waste of time; when you can give the main points and clearly inform; thanks!
Comment from : @littlet_6940

Please get a new microphone While your videos offer great content - the sound quality is of poor, hollow, quality Thanks
Comment from : @tommac5411

I wanted to use this account as my emergency fund One reason is because currently I have my emergency fund in Ally bank and its too assessable Usually I have more disipline But, last year I noticed I would constantly take money out of my emergency account I like that I would need to transfer to get the money insteadof receiving an atm card I feel like it would help with desipline brbrWould you suggest opeining this account as an emergency fund in my case?
Comment from : @nishababezz

I believe they are attempting to compete with Fidelity The only downside with the Cash Plus account is the lack of debit card feature Fidelity has additional features which might be of interest to anyone looking to look for an alternative to a savings account I do have the Cash Plus account
Comment from : @asphaltandtacos