So, I was going to open a Vanguard Brokerage account and pick up some individual stocks for the first time. I was planning to keep my excess cash in a high yield savings and keep maybe $3k in the brokerage account for the occasional trade.
In filling out the application it looks like the MMA has a minimum of $3k. So if you fund that, can you purchase $2k worth of stock and leave $1k in the MMA for a while? Or am I pretty much limited to $3k minimum trades?
Thanks
In filling out the application it looks like the MMA has a minimum of $3k. So if you fund that, can you purchase $2k worth of stock and leave $1k in the MMA for a while? Or am I pretty much limited to $3k minimum trades?
Thanks