▲ 6 r/Bogleheads
Money didn't land in VMFXX?
Hi! I just moved my 100k IRA to Vanguard and thought that, during set-up, I had selected that the money would automatically go to the Vanguard Money Market settlement fund. But, unless I'm reading my Dashboard wrong, the money only landed in my brokerage account.
Under settlement fund it says $0.
My $100k is listed under "Available for purchase" as well as under "Available for withdrawal".
Do I need to "Buy" 100k so that my funds actually land in the VMFXX? (This would be temporary while I sort out what to actually invest in)
Thank you! If you can't tell, I'm new to all this and mightily confused 😃
u/MentalHealthQs2 — 5 days ago