SGOV vs HYSA vs Money Market: The Best Emergency Fund Options

In this video, we break down the 4 best places to park your cash right now: High-Yield Savings Accounts (HYSAs), Money Market Funds (MMFs), SGOV (0-3 Month Treasury Bond ETF), and Certificates of Deposit (CDs). We look past the raw yields to compare liquidity, safety, and tax efficiency so you can pick the exact right strategy for your financial safety net. CASH ALTERNATIVES AT A GLANCE HYSA: Best for instant, 24/7 access. FDIC insured. Money Market Funds: Best for idle brokerage cash. High yields, but not FDIC insured (SIPC covers brokerage failure, not asset value drop). SGOV (iShares ETF): Ultra-short U.S. Treasuries. Perfect for investors in high-tax states due to state and local tax exemptions. CDs: Great if you want to lock in a fixed rate before the Fed cuts further, but you sacrifice immediate access. To work with me, visit dmvtaxadvisory.com Favorite Personal Finance books: The Intelligent Investor - https://amzn.to/4bzks6t The Psychology of Money - https://amzn.to/45EIklc Common Stocks and Uncommon Profits and Other Writings - https://amzn.to/4qRuTXO Millionaire Mission: A 9-Step System to Level Up Your Finances and Build Wealth - https://amzn.to/4bv0Hgk The Little Book of Valuation: How to Value a Company, Pick a Stock, and Profit - https://amzn.to/4bMvG7N One Up On Wall Street: How To Use What You Already Know To Make Money In The Market - https://amzn.to/3MccIwN Security Analysis (7th Edition) - https://amzn.to/4q8ogiA The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns - https://amzn.to/4q9K8du A Random Walk Down Wall Street: The Best Investment Guide That Money Can Buy - https://amzn.to/4t7nFQQ The Richest Man in Babylon - https://amzn.to/4qN1QEz The Wealthy Barber - https://amzn.to/4rjnhwP The Millionaire Next Door: The Surprising Secrets of America’s Wealthy - https://amzn.to/4rpgVfE The Simple Path to Wealth - https://amzn.to/4t0ZFie Products used in my videos Shure SM7dB - https://amzn.to/49ZPCCR Scarlett 2i2 4th Gen Audio Interface - https://amzn.to/461gDDx Rode Studio Arm - https://amzn.to/4q7CTCE The information in this video is for educational and informational purposes only and should not be construed as specific financial, investment, or legal advice. I am an accountant, but I am not your accountant. Always do your own research or consult with a certified financial professional before making major financial decisions. Timestamps: Intro: 0:00-1:04 High Yield Savings Accounts: 1:05 Money Market Funds: 2:08 SGOV: 3:46 Certificates of Deposit: 4:48