On Sat, Aug 12, 2023 at 2:09 PM Fred Tydeman wrote:
> Is there an easy way to convert a money market stock account
> to a bank account?
>
> Since the price is always $1, and each transaction has Trading splits, the
> money market accounts are adding extra data to the book file and the price
>
Actually, not only can money market funds 'break the buck' in some cases,
there has also, even recently, been bank closures where depositors were
temporarily unable to access their cash. At least there is another level
of protection there in the US called the FDIC, but that too has limits. I
> On Aug 12, 2023, at 12:08 PM, Fred Tydeman wrote:
>
> Is there an easy way to convert a money market stock account
> to a bank account?
>
> Since the price is always $1, and each transaction has Trading splits, the
> money market accounts are adding extra data to the book file and the
Is there an easy way to convert a money market stock account
to a bank account?
Since the price is always $1, and each transaction has Trading splits, the
money market accounts are adding extra data to the book file and the price
history file.
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