Comments on: how liquid are the funds in a Fidelity/T. Rowe Mutual Fund account? http://www.INVESTMENTSMUTUALFUNDS.COM/how-liquid-are-the-funds-in-a-fidelityt-rowe-mutual-fund-account/ INVESTMENTSMUTUALFUNDS.COM Sun, 20 May 2012 08:03:07 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: src50 http://www.INVESTMENTSMUTUALFUNDS.COM/how-liquid-are-the-funds-in-a-fidelityt-rowe-mutual-fund-account/comment-page-1/#comment-868 src50 Tue, 31 Aug 2010 14:32:12 +0000 http://www.INVESTMENTSMUTUALFUNDS.COM/how-liquid-are-the-funds-in-a-fidelityt-rowe-mutual-fund-account/#comment-868 Mutual funds are designed for long-term investing, not short-term "parking" of money. Even some no-load funds have redemption fees for short-term withdrawals. Keep your short-term needs in a money-market fund. Mutual funds are designed for long-term investing, not short-term “parking” of money. Even some no-load funds have redemption fees for short-term withdrawals. Keep your short-term needs in a money-market fund.

]]> By: Thor http://www.INVESTMENTSMUTUALFUNDS.COM/how-liquid-are-the-funds-in-a-fidelityt-rowe-mutual-fund-account/comment-page-1/#comment-867 Thor Tue, 31 Aug 2010 13:38:38 +0000 http://www.INVESTMENTSMUTUALFUNDS.COM/how-liquid-are-the-funds-in-a-fidelityt-rowe-mutual-fund-account/#comment-867 My money market fund (MM) has a check writing capability and I can do phone transfers. I started it before all the online banking became popular. There is probably an online ability to do transfers too. I haven't activated it yet. But it has to be set up in advance. Your checking is "linked". That is a nothing deal, though. Originally the checks were limited to 3 a month. But now may be unlimited. And phone transfers most anytime. Some brokerages allow checking writing against MM accounts too and if you have stocks and a margin account some allow you to use it as a line of credit (stocks as collateral). So these days it is rather easy. You can put money in Mutual Funds and then transfer to your MM to withdraw it but that takes a day or more. But you need to talk to them about their particular rules and methods. Dropping below a minimum balance on a mutual fund is a problem. Aggressive means volitile almost by definition. They can't be exclusive. Good Luck My money market fund (MM) has a check writing capability and I can do phone transfers. I started it before all the online banking became popular. There is probably an online ability to do transfers too. I haven’t activated it yet. But it has to be set up in advance. Your checking is “linked”. That is a nothing deal, though.

Originally the checks were limited to 3 a month. But now may be unlimited. And phone transfers most anytime.

Some brokerages allow checking writing against MM accounts too and if you have stocks and a margin account some allow you to use it as a line of credit (stocks as collateral).

So these days it is rather easy. You can put money in Mutual Funds and then transfer to your MM to withdraw it but that takes a day or more.

But you need to talk to them about their particular rules and methods.

Dropping below a minimum balance on a mutual fund is a problem.

Aggressive means volitile almost by definition. They can’t be exclusive.

Good Luck

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