JPatrick
Thinks s/he gets paid by the post
- Joined
- Jun 3, 2005
- Messages
- 2,610
MUB...No commission through FIDO and I like/need the tax free $$$.
In what sense is this cash, or parking? It appears to me to be an investment in a municipal bond index. I didn't see the effective average duration, but it is described as having "various maturities", and in the risks section of the prospectus, interest rate rises are given as a risk.MUB...No commission through FIDO and I like/need the tax free $$$.
I guess it depends what we are calling parked cash.In what sense is this cash, or parking? It appears to me to be an investment in a municipal bond index. I didn't see the effective average duration, but it is described as having "various maturities", and in the risks section of the prospectus, interest rate rises are given as a risk.
Ha
After Discover made off with several thousand dollars of mine, I won't deal with them further. Yes, perhaps I get a lower interest rate elsewhere, but I'll be ahead since I get my principal back.
What the heck happened?
After Discover made off with several thousand dollars of mine, I won't deal with them further. Yes, perhaps I get a lower interest rate elsewhere, but I'll be ahead since I get my principal back.
What the heck happened?
Since I hope to someday recover it, better I don't describe. I can say I've learned to not trust that company. A very expensive lesson.
rphyx and dltnx