SWVXX Money Market Fund vs CDs : r/Schwab - Reddit

Given that interest rates are starting to go down, with long term CDs now offering rates below 5%, is it expected that the SWVXX money market fund will continue to pay out above 5%? What …

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SWVXX Money Market Fund Vs CDs : R/Schwab - Reddit

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Given that interest rates are starting to go down, with long term CDs now offering rates below 5%, is it expected that the SWVXX money market fund will continue to pay out above 5%? What …

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SWVXX Vs CD Vs Bonds : R/Schwab - Reddit

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Currently, SWVXX yields 4.94% as of the day I write this. How about SNSXX (a Treasury money market fund)? It is yielding 4.83%, and if you are in a state that has an income tax, SNSXX is …

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SWVXX (Schwab Value Advantage Money Fund) Risks? - Reddit

3 weeks from now

What are your thoughts on SWVXX? Looks like it is comprised of CD’s, Commerical Paper, Repurchase Agreements, and Variable Rate Demand notes. It currently has a 4.97% 7-yield …

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SWVXX Vs Savings Account? : R/Schwab - Reddit

3 weeks from now

SWVXX is a mutual fund not a money market account. It's an investment as opposed to a deposit at a bank savings account. Is it safe to move all of my money No investment is 100% safe. But …

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Good Money Fund [Looking For Higher Yield Than Schwab SWVXX]

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Jul 17, 2023 · New Boglehead here. I'm currently using Schwab's SWVXX money fund for the cash I may need in the next 6-9 months. It's 7 day yield is currently 4.97%. Is there another …

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CD Versus SWVXX (bond, Mutual Fund, Cash, Invest) - Investing

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Sep 26, 2023 · Using Morningstar's info, SWVXX has a yield of ~4.1% and expense ration of 0.34%, while the CDs I'm currently in (and can continue to invest in) are

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Charles Schwab

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Dec 31, 2024 · Fund Strategy The investment seeks to provide current income exempt from regular federal income tax. Under normal market conditions, the fund will invest at least 80% …

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FAQs about SWVXX Money Market Fund vs CDs : r/Schwab - Reddit Coupon?

What are Schwab Snaxx & swvxx mutual funds?

Schwab offers two “prime” money market mutual funds: the Schwab Value Advantage Money Fund Ultra Shares (SNAXX) and the Schwab Value Advantage Money Fund Investor Shares (SWVXX). Many investors ask about the differences between these two funds since they are two of the largest prime money market mutual funds in the market today. ...

Is Schwab swkxx a good investment?

SWKXX charges a reasonable 0.34% expense ratio, in line with Schwab's other money market funds. It currently delivers a 2.5% seven-day SEC yield. If you have at least $1 million to invest, you can earn an even higher yield with the Schwab California Municipal Money Fund - Ultra Shares (SCAXX). ...

Is swvxx a taxable money market fund?

SWVXX is a taxable money market fund. Depending on your tax situation, one or the other would provide the highest return. Don't invest in SNSXX in a tax deferred account (like an IRA) though - instead use a Prime type MM - like SWVXX, since it has a higher rate. Re: Best place to park cash at Schwab? by investor4life » Tue Mar 14, 2023 1:23 am ...

Does swvxx have a minimum investment?

SWVXX has no minimum investment and investors can invest as little as one cent. I have not checked every brokerage, but SWVXX is generally only available to clients of Charles Schwab. Like most money market mutual funds, investors can sell SWVXX at any time. ...

Are swvxx and Snaxx taxable?

SWVXX and SNAXX are “prime” funds which means that it can invest in both government and non-government financial instruments. However, taxable investors may find better after-tax yields in government or municipal (muni) money market funds, both of which offer tax benefits that may improve investors’ after-tax yield. Most states have an income tax. ...

Is swvxx FDIC insured?

No, neither SWVXX nor most money market mutual funds are FDIC insured. The largest holding is repurchase agreements (repos) at 42.6%, followed by CDs at 24.5%, and commercial paper at 18.4%. The vast majority of the fund’s holdings have a maturity of less than one week (81%). ...