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Posted

I'd appreciate some ideas on what to do with the cash balance in my IB account that is substantial. I considered 4-week T-bills but IB's bonds trading commission seems high for the yield. Also, in terms of safety, is the cash insured in anyway for the portion larger than $250,000? What would be the risks? The cash is there to take advantage of the moody market, and should be available when needed.

Posted

I would suggest looking at a thread from several weeks ago titled "Cash 'equivalent' investments."  It was 4 pages in last time I looked. 

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