Looking for any products or strategies can earn more than 0.5% for US$ cash

[bobj]

As the Fed cut rate to near 0%, I move most my index ETF positions to ES futures. Now, I have a lot of cash and margin room at hand. So I'm looking for a way to use the idle cash and margin room. Even 0.5% annually income with risk free is OK. Is there any way to do that? thx.

 

[Overnight]

As the Fed cut rate to near 0%, I move most my index ETF positions to ES futures. Now, I have a lot of cash and margin room at hand. So I'm looking for a way to use the idle cash and margin room. Even 0.5% annually income with risk free is OK. Is there any way to do that? thx.

Go short a Gold ETF

 

[xandman]

As the Fed cut rate to near 0%, I move most my index ETF positions to ES futures. Now, I have a lot of cash and margin room at hand. So I'm looking for a way to use the idle cash and margin room. Even 0.5% annually income with risk free is OK. Is there any way to do that? thx.

Nope. You will have to take on duration risk out the Treasury curve or go into a 1% yield savings account with Ally or Marcus which are "loss leaders" for those institutions. Better verify the FDIC protection.

Maybe you can do Options box spreads for a minute yield after commissions. It will be a lot of work!

 

[BlacknBlue]

Use a fund screener to search for high sharpe ratio, low vol, absolute return funds and diversify.