USFR
WisdomTree Floating Rate Treasury Fund
stock NYSE ETF

USFR is 3.81% and state and local tax free.

that is true. Like I said even though I have sweep I don't actually use it, I manually buy USFR for my cash. The money market funds are nice too.

How about USFR?

The Cash Plus account doesn't need to exist. You'd be very off in USFR/TFLO during rising rate environments like the present, and VBIL/SGOV in falling rate environments.
Unlike bank deposit products, these are exempt from state income taxes, too, which many people forget to discount these bank deposit products by for a fair comparison.
You can see the current compound rates of all the popular MMFs and MMF-like ETFs in the MMF Yields tab of my [rebalance calculator](https://invest.mcawesome.org/).

For what it’s worth I also have a Fidelity account and I tend to still manually buy USFR with my cash there because it earns more than their sweep option and is state tax free. Sweep is nice cause it’s easy but the manual options are even better.

Yes to USFR. I just checked Morningstar and over the last 9 years on a price of around $50 it's moved around 30 cents. That's including the 2019 Covid crash. I've had this and BIL, and my direct objective with these is something better than a bank and I can withdraw at any time (unlike CD).

They do give people access to a sweep option on a case by case basis. That sweep option is SWGXX, at least that’s what they gave me. I’ve heard they may be changing it. I tend to keep most of my cash in USFR since the yield is higher.

Discipline needs to beat out motivation.
You're motivated to make money, but you are -- at present -- not disciplined enough to understand there are different ways to make the money.
Max out your IRA, 401k, and HSA. Contribute a little to a 529 if you plan on going back to school. Put a few months cost of living into I-bonds, T-bills, or treasury ETF like USFR or SGOV for a rainy day fund.
Play the long game. When you have net worth in the millions, you will be the one selling covered calls for the premium, and not the one buying them with no hope of exercising. By then, you'll be happy with a 0.5% gain per week (25% per year) from just premium and won't even need to check daily.

I prefer USFR to SGOV personally but honestly they are going to behave pretty similarly.
In addition to USFR I also hold VCRB, which is Vanguard’s actively managed core bond fund. It holds the bulk of my bond holdings.
I have some EMLC (emerging market local currency) as well, but that’s just a small hedge against the near term monetary policy continuing to weaken the dollar.

USFR and VMFXX. Surprised Rob didn't mention USFR.

Short duration like SGOV and USFR, yeah. Long duration? No.

If you’re scared of the impending bubble and investing that much at ATH, USFR is a great low risk vehicle that yields more than HYSA. You’ll need to check it against your own tax situation. Plenty of other lower risk options too that’s just one.

USFR (floating rate Treasuries) and BIL are worth a look for short, liquid yield comparable to SGOV. TLT is long-duration though, so it swings on rate expectations rather than sitting like cash, which matters for a float strategy.

USFR