Thanks, everyone. This is actually the first time I read a prospectus (no time!). I found out that the 2% does NOT apply to money markets (the first rep on the phone did not say this). This is very helpful! For me, the advantage is that it is faster and easier to remove money than xhlf (which seems really good, but not for everything), the interest rate is good like VUSXX, I don't have to deal with inept Vanguard (I already have a person to whom I can write, or call, if I have issues filling out the forms or other issues) and it's a direct connection for money going in and out (it doesn't sit somewhere until I move it, like Schwab, and I don't have to "sell shares" before I can move money, so it's faster). This seems like a great solution, provided the bank links work (they told me they should work as long as my name is on the account--they are different registrations). I think this is my best solution, in conjunction with xhlf and other fixed options, which I do not yet understand. You were all very helpful with this. If anyone wants the name and phone number of the individual investor person at Gabelli, let me know. I know it is public knowledge, but I found it in an odd way. Thank you again.
Statistics: Posted by Pappagallina — Fri Jan 10, 2025 5:15 pm — Replies 126 — Views 10681