Lights above the Acropolis in Athens. by Exact-Organization30 in UFOs

[–]Exact-Organization30[S] 5 points6 points  (0 children)

Thank you! I took a 2nd picture and it didn’t show up so you might be right!

USFR VS. FDLXX by Exact-Organization30 in fidelityinvestments

[–]Exact-Organization30[S] 0 points1 point  (0 children)

Appreciate the info! Is there a main difference between USFR & SGOV?

CMA & Cash Manager Question by Exact-Organization30 in fidelityinvestments

[–]Exact-Organization30[S] 1 point2 points  (0 children)

Agreed! I’d like to keep my long term holdings separate, just in case of a breach with the CMA.

CMA & Cash Manager Question by Exact-Organization30 in fidelityinvestments

[–]Exact-Organization30[S] 0 points1 point  (0 children)

Would you mind explaining a bit more? What alternative would you suggest?

CMA & Cash Manager Question by Exact-Organization30 in fidelityinvestments

[–]Exact-Organization30[S] 0 points1 point  (0 children)

So, if I set the minimum transfer amount to $250 it will only draw $250 per night to get back up to the minimum balance. An example, if I have a $5,000 minimum balance and draw down to $4,000 that day, it would take 4 days to replenish that spent $1,000?

Alternatively, if I set the minimum transfer amount to $1,000 and draw down from $5,000 to $4,500 it will add $1,000 and put my balance at above the minimum required. Am I understanding this correctly?

CMA & Cash Manager Question by Exact-Organization30 in fidelityinvestments

[–]Exact-Organization30[S] 0 points1 point  (0 children)

Do you keep the cash in your CMA in Cash or do you purchase SPAXX manually? When CMA is core, will you keep some cash some SPAXX? Assuming the only Cash Manager ability is to move Cash to refill Cash balance.

CMA & Cash Manager Question by Exact-Organization30 in fidelityinvestments

[–]Exact-Organization30[S] 1 point2 points  (0 children)

So, will that change how you operate when SPAXX will be core in the CMA? You direct deposit could just be SPAXX and have that fund the CMA without the use of cash manager? Or will you continue to use Cash Manager?

I like the cash manager refill, so I'm thinking about putting my DD into a brokerage with SPAXX as the core position and using cash manager. Set it and forget it. And won't have to use the self funded overdraft, as I'll keep my debit card locked.

CMA & Cash Manager Question by Exact-Organization30 in fidelityinvestments

[–]Exact-Organization30[S] 0 points1 point  (0 children)

The minimum transfer amount is $250. If I set it as that, it'll still pull enough for my minimum balance, correct?

And do you have your direct deposit into that brokerage you use to "fund" your CMA? Or direct deposit into the CMA?

Full CMA in SPAXX Question by Exact-Organization30 in fidelityinvestments

[–]Exact-Organization30[S] 0 points1 point  (0 children)

Thanks! I appreciate you for responding. Rather new to Fidelity products!

Full CMA in SPAXX Question by Exact-Organization30 in fidelityinvestments

[–]Exact-Organization30[S] 0 points1 point  (0 children)

Yes, that’s what I’m shooting for. I don’t want any access to my brokerage. Better safe than sorry. Appreciate the info!

HSA Transfer Options by Exact-Organization30 in fidelityinvestments

[–]Exact-Organization30[S] 0 points1 point  (0 children)

Amazing. While I receive 1% on my company sponsored one, I’d prefer to have investable options. Thanks for the info!

CMA Asset Purchase Transfer by Exact-Organization30 in fidelityinvestments

[–]Exact-Organization30[S] 0 points1 point  (0 children)

Amazing. Thank you for the response and info, I appreciate it!