Putting money in something that is "Cash-Like"
So I got a trust recently and worked with someone and put the money into some spots that made some money. But I had aboutan extra 10k just sitting there that wasnt invested in anything and someone said I should put it into something that was "cash-like," such as SGOV.
But looking at SGOV I didn't quite understand the point, it looks like it just goes up a few cents every month then resets at the beginning of the month. Whats the investment here? I don't quite understand. Thanks!
u/Large-Yogurt-9453 — 5 days ago