From: "cporro"
Newsgroups: misc.invest.financial-plan
Subject: how is cash held in mutual fund accounts?
Date: Thu, 8 Feb 2007 19:14:48 -0600
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in an etrade brokerage they hold whatever cash you have in a sweep
acount. i'm wondering if i have an mutual fund account through someone
like vanguard and i deposit say 10k what will they do with that cash
until i buy one of thier mutual funds?
is something like this such a common thing that they don't mention it
on thier site? i can't find anything.
thanks
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