- Brokerage accounts normally pay very little interest on account cash.
- A simple solution can be to buy an ultra short-term bond ETF with little interest or credit risk to park the cash while waiting for opportunities to deploy the cash.
- ICSH has an attractive ESG profile, avoiding the most controversial sectors.
- We believe the probability of a stock market correction in the next 12 months is above average, especially when households have a near-record percentage of their net worth invested in stocks.
For further details see:
ICSH: A Good Place To Park Cash While You Wait For The Market Correction