Riskless 9%
Robinhood Gold + BOXX
Apr 22, 2024
Robinhood Gold pays you 3% on retirement account transfers this month — riskless, tax-free, and compounding from day one. Moving $1.5 million to Robinhood (HOOD) across three retirement accounts is 100% SIPC insured. Day one you get a $45k gain for $1,545,000 compounding. You can get a virtually riskless floating 5.78% in Alpha Architect 1–3 Month Box ETF (BOXX) on that balance for a gain of over $134k in year one. You can take more risk and potentially get more reward, but just know that you can make the first $134k without any reasonably likely downside.