A.I.M. "In Depth" Q&A

[OldAIMGuy]

Q........Parking your cash

I have seen some discussion about parking cash in the other aim board. From my previous posts you know that I am waiting for AIM to give me a buy or sell order for IVE. Right now, I have approx 12k of my portfolio in cash earning a couple cents per month. I have an account with TD Ameritrade. Do you have any suggestions on making this money work more for me while I wait?


Thanks,

A...............
Here's a relatively stable income fund that should remain above the money market funds payout through time. It's not paying extensively above MMFs but it at least is paying something.
https://www.flexshares.com/exchange-traded-funds/ready-access-variable-income-fund
Ready Access Variable Income (RAVI) might work for you and is simple.

Remember there are trading costs involved, so that has to be considered, too. MMFs at least don't have any cost to use or deposit.