Subject: Re: OT: Where do you keep your cash??
I currently have my cash parked in SGOV.

My understanding after a modest amount of research on the topic is that in terms of cash-equivalent yields, generally speaking:

Direct T-bills > SGOV/BIL T-bill ETFs > Money Market Funds

I'm currently in SGOV due to the instant liquidity (also a benefit over money market funds which require a day to execute typically).

I believe I'm leaving a little on the table by not going with T-Bills directly, and it's on my list to look into how to buy those directly with my brokerages.

I believe the US tax situation differs between these, but because this cash resides in a retirement account, I haven't concerned myself with it.