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REDDIT

SWVXX $49 early sale fee?

D
Mar 13, 2025 · 01:37

Can anyone clarify the fee schwab seems reported to charge for SWVXX money market fund sales less than 30 or 90 days after purchasing?

Does this apply in a last-in-first-out manner or a first-in-first-out capacity?

Are there better money market funds to park money in temporarily (3-6 months) to avoid volatility that anyone can recommend that I could ideally sell without incurring fees to buy into regular stocks the same day?