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larrybaz

01/17/23 11:37 AM

#102683 RE: nelson1234 #102682

I noticed that and bought some SWVXX recently That's a really nice yield for a money market fund. At Schwab are they treating the amount of cash in the money market as buying power. It looks like at A-Trade, they are not. That's in a cash account at least, not a margin account.
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RNsidersbuying

05/31/23 9:04 AM

#105348 RE: nelson1234 #102682

MM fund SWVXX - are you still trading these (every 7 days) at tdameritrade? Aren't you concerned with all the "non-insured" boilerplate verbage on the website?

I've gone to 90%+ cash. I intend to still actively trade but only very short term as the likelihood of a temporary all-out collapse is just too great.