What is Robinhood Cash Sweep? This short video explains if it's worth turning on Cash Sweep to make passive income with Robinhood.

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I made this video on the request of others that watched a related Robinhood video. Just ask if there's a video you'd like me to make next, or if I can help answer any questions about the Robinhood App.

Cash Sweep is a program that allows users who enable the feature to earn (currency) 1.5% Interest on their uninvested cash. It almost seems too good to be true, in comparison to most banks which offer you as little interest as possible (so little you hardly realize you're earning anything).

Because this looks to be such a great feature on Robinhood, I explain everything you need to know about opting in to Cash Sweep. I'll put the timestamps below:

Intro: 0:00-0:37
What is Cash Sweep: 0:38-1:43
Cash Sweep vs. Cash Management: 1:44-2:53
How to Enable: 2:54-3:19
Is It Safe? 3:20-5:29
Final Opinion: 5:30-6:04


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🚩Disclaimer: I am not a financial advisor. These videos are entertainment purposes only. Any stocks discussed on the video are not to be considered “investment recommendations”. Unless investments are FDIC insured, they may decline in value and/or disappear entirely. You (and only you) are responsible for the financial decisions that you make. These videos are strictly for entertainment and do not reflect the opinions or values of anyone else other than myself.

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