I started by putting in $1000. D.I. bought VTI, VXUS, and a couple of bonds.
After one day my investment returns were -$11.04. Then I got an Action Required alert stating, "You have a negative available balance in the settlement fund of your account.This can affect certain transactions. Move money into the account's settlement fund to fix this issue.
A few questions:
I searched all over and could not find how much I was supposed to put into the settlement account. Was it the -$11.04? I added $100 just to be safe.
Why would Digital Advisor put me in a position where I had to take any action? And how did I end up having to put unplanned money in? Shouldn't it just use the original $1000 and put it wherever it needs it?
If I wasn't checking my account every few minutes (new at this), I wouldn't have even seen the alert as I didn't get an email or anything. Is this typical behavior for Digital Advisor? I thought it was "set it and forget it." Thanks.