2nd Year of an Even Decade ... Best time to Buy?

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Budge
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Re: Sweep Accounts and the Debt

Post by Budge »

Re: sweep accounts, the Kabuki theater over the debt negotiations and the potential for roiling the markets.

My major sweep account is with Fidelity in one of their government money market accounts. Always set to NAV of $1.00, day after day. Safe as houses? :D Back when the markets took their 2008 beating the $1.00 broke and made a low $0.20. :shock:

FDIC covers $250k. Not a problem for me back then. Major problem now.

Just something to keep in mind.
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MarkD
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Re: 2nd Year of an Even Decade ... Best time to Buy?

Post by MarkD »

Thinking along similar lines. BIL ETF seems reasonably stable.
"You can observe a lot just by watching"
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“The best lies always contain a grain of truth”
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