Comments on: Sweep Account Interest Rates http://www.consumerismcommentary.com/2005/08/31/sweep-account-interest-rates/ A premiere personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Sun, 08 Nov 2009 07:50:42 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: JC http://www.consumerismcommentary.com/2005/08/31/sweep-account-interest-rates/#comment-843 JC Tue, 20 Sep 2005 20:41:19 +0000 http://wp.consumerismcommentary.com/?p=477#comment-843 I've got the bulk of my money at ameritrade advisor. The money market option is pathetic. They're making money on the spread. Good thing I keep less than 1% of my portfolio in cash. JC I’ve got the bulk of my money at ameritrade advisor. The money market option is pathetic. They’re making money on the spread. Good thing I keep less than 1% of my portfolio in cash.

JC

]]> By: mmb http://www.consumerismcommentary.com/2005/08/31/sweep-account-interest-rates/#comment-842 mmb Thu, 01 Sep 2005 05:34:22 +0000 http://wp.consumerismcommentary.com/?p=477#comment-842 When I opened my brokerage account with Fidelity the first thing I did was ask what happened to the money while I was still deciding on investments. They pretty much told me the same thing - holding account, .40% interest yada yada. Thankfully I had the presence of mind to ask if that's the only option and now my cash sits in the Fidelity Muni money mkt fund until I am ready to move it. 1.98% (equiv to 2.98 taxable) is not a lot but it's better than .40 When I opened my brokerage account with Fidelity the first thing I did was ask what happened to the money while I was still deciding on investments. They pretty much told me the same thing – holding account, .40% interest yada yada. Thankfully I had the presence of mind to ask if that’s the only option and now my cash sits in the Fidelity Muni money mkt fund until I am ready to move it. 1.98% (equiv to 2.98 taxable) is not a lot but it’s better than .40

]]> By: NYC Money http://www.consumerismcommentary.com/2005/08/31/sweep-account-interest-rates/#comment-841 NYC Money Wed, 31 Aug 2005 23:35:08 +0000 http://wp.consumerismcommentary.com/?p=477#comment-841 I live in a high tax state, so I prefer the muni sweep for NY State. <a href="http://nycmoney.blogspot.com" rel="nofollow">NYC Money</a> I live in a high tax state, so I prefer the muni sweep for NY State.

NYC Money

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