I plan to buy some ten year TIPS at auction this month on the Schwab platform. Since I use Schwab I keep my settlement account which has a yield of diddly squat (a technical term) at or near zero. Do I need to move cash to my settlement account on the day that I place my order which is a day or two before the Auction date or can I leave the funds invested until a day or two prior to the Settlement date?
Thanks in advance for sharing your experience or understanding.
Thanks in advance for sharing your experience or understanding.
Statistics: Posted by bikechuck — Tue Jan 09, 2024 1:28 pm — Replies 0 — Views 80