Grow Your Wealth Like Never Before with Webull Cash Management

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#webull #highyield #cashmanagement

Cash Management is a service provided by Webull Financial LLC ("Webull") that allows eligible clients to earn interest each day on free cash balances in their brokerage accounts.

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Depends on the banks that its lent to. Once its lent out to the other banks, you are subject to them and their insurance, while webull is now scot-free of all liability. I know robinhood’s list is a couple of well known banks, then a few lesser known banks, then no name banks, then the bank of india.

TheContrarian
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In their manifesto/policy/terms it says it is not guaranteed, so its like a money market account that could lose value if they decide to make behind the scene trades and drain everyone. They are already selling retail traders trades to hedge funds so they can manipulate and buy or sell before you make any money. The whole thing is a scam?

GudInformation
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I came here thinking you would explain where is the option located in the app. Some people were not automatically enrolled.

brianrodriguez
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Can this be considered a High yield savings account?

DirtydogMech
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How easy is it to withdraw? I already have a webull account, just basic money to invest. But I have a good amount emergency saved up, unfortunately in Chase bank making penny's. I'm afraid to put it all my money into Webull incase I need to withdraw it in the future for a down-payment or an expense.

DirtydogMech
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Thank you for this a great information I have a question for you are the money insured?

Ali
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How did you make more interest on 500k then 1.9 mill?

JesusChristIsLord.
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5%, you're not "building wealth" you're simply keeping pace with inflation.
All brokerage firms and major banks offer comparable apy money market-esque accounts.
You don't receive free stocks "immediately".
This is the stuff I do know, so I wonder what else he's exaggerating about in his videos.

coltononline
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5% is ass, any of the good ETFs will gain you 8-10% and that’s not even considering dividends. So why would you want to do Webull cash management when you can put your money in spy, or VOO?

GoldenPiggy