In the middle of a 401K rollover-question
I have recently rolled a 401K into an IRA. The 401K was full of all kinds of Fidelity mutual funds which I lost track off over the years.
In order to simplify my life, I liquidated all these positions and will follow a basic 3 fund portfolio like FSKAX/FZILX/FXNAX .
Aside from opinions on the 3 fund portfolio choices in the IRA...the liquidation has left a substantial amount of cash in FDRXX which has a pretty good yield right now.
My question is ...it looks like FDRXX pays on the first of the month. Should I leave all that cash in FDRXX until the first of the month to receive that bump?