Best place to park cash?

Hi all, I've got $5K or so that is part of a sum I will invest for my daughter that I would like to remain easily accessible, while putting a minor administrative hurdle in place to make her think about whether she really needs that pony. I seem to remember hearing that an ETF like MMKT was a good alternative to term deposits? Sound right?

Scott

Asked on 6 August 2025

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