https://investor.vanguard.com/investmen ... sh-deposit
He’s, not STT, but, another option
Vanguard has FDIC insured settlement account
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Re: Vanguard has FDIC insured settlement account
I guess STT is short term treasurys, but He’s must be a typo, no?
Let 2023 be the year of LASAGNE
Iran's looking bright lately. Especially at night
Gold pulls back to 1900
Iran's looking bright lately. Especially at night
Gold pulls back to 1900
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Re: Vanguard has FDIC insured settlement account
Yes, they have been piloting this for a while slowly inviting customers to use it.
Regardless that they have this, I like Fidelity's approach better. Their cash management has far better features, albeit with less yield than Vanguard due to higher fees.
Regardless that they have this, I like Fidelity's approach better. Their cash management has far better features, albeit with less yield than Vanguard due to higher fees.
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Re: Vanguard has FDIC insured settlement account
AllAmerica and Redneck Bank: 4.00% APY Money Market, 4.25% Rewards Checking
https://www.mymoneyblog.com/allamerica- ... eview.html
https://www.mymoneyblog.com/allamerica- ... eview.html
Re: Vanguard has FDIC insured settlement account
Second that, even though Fidelity's MM funds have higher ER right now they are still competitive.welderwannabe wrote: ↑Fri Dec 02, 2022 8:25 pmRegardless that they have this, I like Fidelity's approach better. Their cash management has far better features, albeit with less yield than Vanguard due to higher fees.
I use their Treasury only MM fund FDLXX (current 7-day yield 3.36%, no state income tax). T bills are all above 4%, e.g. 3-month bill currently pays 4.39%, and not subject to state tax (which is an extra plus for states with high tax rates).
"Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep in reserve."
- Talmud
- Talmud