ktownag08 said:
For those that use Think or Swim, where do you park cash? Schwab doesn't default to sweeping cash into a reasonable yielding money market account like others.
Or do you just not worry about it?
I've had parked cash in SWVXX with Schwab. It gets around 5.22% 7 day yield and I've been happy with it. One thing to note is if you need to pull cash out of it, it takes a day to settle, so next day is the soonest you could use the money to invest into something else.