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REDDIT

Uninvested cash in Fidelity brokerage : Pros and cons?

R
May 7, 2026 · 23:08

Do people typically keep some portion of their savings or emergency fund in a Fidelity brokerage account to earn interest?

I’m not too concerned about fluctuating interest rates as long as the cash is earning something. I’d prefer not to open a separate high-yield savings account since I already have a Fidelity individual brokerage account. What are the advantages and disadvantages of keeping idle cash in this account instead?