Midpack
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I know you can't set up T-Bill auto roll on Vanguard, unlike some brokers, and I know this has been discussed before - but I am not finding a related thread.
I want to buy the 1-year T-Bill shown below. And I want to use funds from a T-Bill I have maturing on 1/23. In the past I've always waited a week or month, but I am reading on Bogleheads that some members there regularly do what amounts to a same day manual auto roll - buying a new T-Bill on the same day another matures. One post even said you can use 'unsettled funds' and they will show up as 'funds available' before settlement. I would wait and see but I assume I have to act on 1/23.
Anyone know for sure?
I want to buy the 1-year T-Bill shown below. And I want to use funds from a T-Bill I have maturing on 1/23. In the past I've always waited a week or month, but I am reading on Bogleheads that some members there regularly do what amounts to a same day manual auto roll - buying a new T-Bill on the same day another matures. One post even said you can use 'unsettled funds' and they will show up as 'funds available' before settlement. I would wait and see but I assume I have to act on 1/23.
Anyone know for sure?