Fidelity Is Giving Out Monthly Payments! SPAXX vs FZFXX

Today I will explain Fidelity’s Core Positions (uninvested cash) that automatically goes into SPAXX and FZFXX money market accounts that will accrue interest. At the time of this recording that is over 3.3% and gets paid monthly. Even with how high inflation is these days, that is an attractive yield for a fund that invests everything into Government securities. Government bonds are a low risk investment as the government can just print money to pay back investors.  SPAXX and FZFXX are also impacted by interest rates which will dictate how high or low the yield will be. Follow me on YouTube:CitizenoftheYear!Disclaimer:This is not financial advice and I am not a licensed financial advisor. Always do your own research before investing and work with a licensed financial advisor. These are my opinions for informational purposes only and not to be taken as investing advice.