Does anyone have any suggestions for using excess cash to generate a better yield than 2% in a money market account? I'm not looking for stock ideas per se since I have that covered in my brokerage account.
Is there anything that offers something better without having to go out 10-15 years for a lousy bond yield? I'm familiar with covered calls to generate income, etc. but I don't want a lot more add'l equity exposure unless it's something relatively low risk... I know, risk and reward go hand in hand.
IOW, don't like MM rates. Don't like Muni yields. Don't want a lot of directional risk. Am I fantasizing?
Is there anything that offers something better without having to go out 10-15 years for a lousy bond yield? I'm familiar with covered calls to generate income, etc. but I don't want a lot more add'l equity exposure unless it's something relatively low risk... I know, risk and reward go hand in hand.
IOW, don't like MM rates. Don't like Muni yields. Don't want a lot of directional risk. Am I fantasizing?