Money Honey

As Jeff mentioned in the last issue of our old newsletter, Vanguard’s been testing out some new alternatives to their money market funds: Cash Deposit and a new Cash Plus Account. Both use outside banks to provide FDIC insurance and are in what I’d call “beta” mode.

But come on. What’s the problem with what Vanguard already offers? In my book, nothing.

This post is for paying subscribers only

Already have an account? Sign in.

Subscribe to The Independent Vanguard Adviser

Don't miss out on the latest post. Sign up now to get access to the library of members-only research and advice.