VMRXX
Vanguard Money Market Reserves - Vanguard Cash Reserves Federal Money Market Fund
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Why does USFR have such a higher yield than all other money market funds?
Vanguard Cash Plus Account vs. VMRXX - Can someone explain the pros & cons?
Multiple years horizon - 6/12 month TBills or VMRXX?
Am I losing money to taxes in HYSA instead of treasury ETF/fund?
Brokerage Money Market Fund vs bank high yield savings account
T bills vs Gvt obligations ( short term risk mgmt ) - what's your choice?
currently sitting on VMRXX and wondering if I should I move to VGLT
Seeking a short-term cash parking lot. Why is the "SEC Yield" so high on iShare's $TIP and what are some other good options?
I have a Rollover IRA with money in a market fund but I want to invest in index funds.
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I have $200k in VMRXX and last month I made $636 on it LOL. I mean it's consistent at least, but I really need another pull back so I can lump back into VTI.
Bought big stacks of VMRXX (cash gang) today so that means SPY $800 by end of the year.
VMRXX and VUSXX are the best and can be purchased at Vanguard and at JP Morgan Chase. As of today, their yeilds are 4.22% & 4.23%. Money Market Funds at Fidelity and Schwab pay much less.
VMRXX and VUSXX are the best and can be purchased at Vanguard and at JP Morgan Chase. As of today, their yeilds are 4.22% & 4.23%, expense ratio very low.
3.5 a little low VMRXX is like 4.24, basically no fee…
VMRXX Vanguard MM Currently 4.22 7-day yield
VMRXX, in my opinion. I got creamed by indexed bonds, nominal and TIPS in the last few years, and have vowed not to do that again. Right now for fixed income I like cash, VRIG, and JAAA. All short term, good quality, and higher yields than other bonds. Both funds have low Beta (volatility).
So I have my life’s savings in VMRXX. Curious how the tariffs are going to be effecting money market accounts. I am somewhat new to investing and been watching the market explode. Not looking for advice just an explanation of what to look out for and how are money market accounts different than the rest of the market.
Does anyone have access to data about outflows from money market mutual funds like VMRXX? I'd really like to know how much money is flowing out of these funds to buy the dip.
100% parked in VMRXX. Got out two weeks ago.
No, don’t lower the amount you put in there, but look for a fund that invests in short term treasuries if you want to “sit out” the equity market. My employer’s 403b (I work for my state government, it’s the equivalent of a 401k), for example, offers VMRXX - Vanguard Cash Reserves Federal Money Market Fund Admiral Shares.
I've just parked all of my investments in VMRXX and am waiting to see which way the winds blow. Trump could change his mind 180 tomorrow. Who knows. If Trump really does go through with these tariffs, I'm definitely switching to a value-heavy portfolio after the fall.
VIX is still a little too much risk for me. I'm just holding VMRXX for the moment until things become a little more clear, though I did make a little money on the rise of European equities before they fell again.
Tips: - Only keep ~1 months expenses in checking. - Open a brokerage account at either Fidelity, Schwab, or Vanguard (recommended for no/low fees and industry leading services) for the rest of your money. Ideally your IRA should be held at the same institution. - Keep an emergency fund (3-9 months expenses) in a high yield savings account (HYSA) or a money market mutual fund (MMMF). Unlike a CD the rates will fluctuate but you can pull money out or put it in when you want/need. Examples are VMRXX, SPAXX, SWVXX, etc. - Invest the rest in a low cost indexed exchange traded fund (ETF). Examples are ITOT, SCHB, VT, etc.
IF you don't know what to do, then VMRXX and chill. At least until rates drop you'll still be getting 4-5% APY.
I'm staying in VMRXX until rates crash, until then I'll happily collect my 4-5% APY.
Check out VMRXX. It has stronger rates than most HYSA and is more stable than any stock / ETF since it's bonds to
Stop full porting. Take $100k and stick it in SPY, VOO, VTI, or VMRXX. Gamble with the remaining $30k, but don’t full port that either. Stick to smaller bets so you can stay in the game longer.
VMRXX, wife and I have left it in for past two years without issue. CDs and Treasuries can be a bit more onerous.
Would you like the screenshot of the money going into my checking account? It's already pending. Once it clears it's going into my trading account and then into VMRXX until I decide what to do next.
Hello! I've got about $660,000 in various index funds, which will likely cost about $30k in tax when sold. We've dumped about $3,000 per month into these funds in an attempt to build up the new house fund and I expect to continue dumping that much into the new house fund until we actually purchase the house. Looking to buy a new house in 2-3 years. Where should I park these funds for this time frame? I don't have a huge amount of risk tolerance going forward. No state tax, just federal. Currently thinking some sort of Vanguard money market, for example VMRXX or VMFXX. Are there any better?
I would only use the $80k in VMRXX for the down payment, the rest is long term
SGOV is a great ingredient, but not a complete meal in an of itself. Here is my current asset allocation (I'm close to retirement): [https://www.reddit.com/r/personalfinance/comments/1fvbp4p/comment/lq5yl4a/](https://www.reddit.com/r/personalfinance/comments/1fvbp4p/comment/lq5yl4a/) SGOV will be similar to the VMRXX yields, currently around 4.5% (but heading quickly towards 3.5% as the Fed is in an easing cycle, cutting rates). Longer term, quality bond yields will not keep up with inflation, so I recommend reading up more on asset allocation. Diversification is the best offense against risk. Perhaps the brightest financial mind in my lifetime (Fischer Black) towards the end of his life just invested 50% of his nut in low cost index funds, kept 50% in cash, and rebalanced annually. This is the way to generational wealth, harnessing the power of compounding returns over decades.
VMRXX pays out a little more. Some of these MMMFs have different tax advantages in different states, though. One thing that should be considered, where is all the MMMF money going to go as rates drop? I have six figures in VMRXX right now, I’ll end up putting most of it into VOO and QQQ.
Directly held T bills through TreasuryDirect and VUSXX. >Any major difference in VMRXX v. VMFXX v. VUSXX Yes, the latter is mostly Treasury bills rather than repurchase agreements and other government debt obligations. Interest from Treasury bills is state tax exempt, unlike the other two. Therefore if you live in a state with a state income tax, VUSXX is advantageous as you can deduct that amount from your state taxes.
I lost $600 Thursday and Friday on my $10k S&P600 beating and cut my losses and stuck it back into my Vanguard VMRXX where it’s safe and secure and gives me a total of $380 a month,I’ll go back in when the rebound from this starts,I want my $600 back bitch,lol
I love my 5.25+% from my VMRXX,I hope they never lower the rates,screws the folks looking to borrow,I’m the only one that matters you’s ain’t figure that out yet
Just buy a money market mutual fund, VMRXX is paying 5.29%.
Great question! I'm not familiar with betterment, but that rate is pretty good. Treasuries will get you slightly better rates and CD's are lower because they are FDIC insured. I like to keep my emergency cash or cash for a specific purpose completely separate from my investments. I use a separate brokerage and like the ETF SGOV, for essentially a 3 month emergency fund. It just holds 0-3 month treasuries, so has high liquidity, but the rates will drop pretty much as soon as the fed lowers interest rates. In Vanguard I just use VMRXX or VMFXX, which are money market funds earning about the same rate as short treasuries. One of them is a settlement account, you'd want to double check on the yield though. For anything over 3 months of potential expenses, I like to build treasury ladders. This is good in the even that interest rates fall and will lock in some yields.
Everyone says “VOO and chill”, but it really should be VOO and HYSA (or money market fund like VMRXX), as the latter is offering historically high rates. You can either get a guaranteed 5%, or somewhere between -15% to 15%, depending on your opinion of the stock market. I’m like 95/5 right now, favoring VOO, but I do occasionally think about pulling some out for HYSA in the case the market tanks in the next 1-2 years. If that happens, I’d shift the HYSA to VOO after the drop and ride it back up. Only reason I’m so heavily weighted towards VOO is because that’s just the way it’s been for the last 10 years and HYSA rates haven’t been attractive until the last few years. I should probably at least steer new contributions towards the HYSA
Money market mutual funds are probably paying a bit more. I some cash stashed into VMRXX at ~5.3%
Let's say your tax is 10%, then the effective after tax rate of VMRXX is 5.3 x 0.9 = 4.77%. In this example, VMRXX is better.
In NYC, MFJ with $230k in **taxable** income puts you at a 33.88% marginal tax rate (24 fed + 6 state + 3.88 city). 3.87% in state muni is equivalent to 4.29% out of state muni, 5.09% treasury, or 5.85% taxable. In 2023, VMRXX derived 52% of its income from government obligations, and IIRC in NY any fund over 50% gets to treat all of its income as state tax free (id confirm this if I were you—if you’re unsure you can swap to VUSXX to be safe). TLDR: for your tax bracket you’ll get a higher after tax yield in VMRXX/VUSXX
If you're sleeping on that cash for awhile and your broker doesn't default your cash into a money market fund, just buy one manually. VMRXX is paying 5.28% APY currently, but there are other similar funds that might be slightly better depending on the state you live in and your tax situation. The one caveat is that it only trades at 4pm so you can't get instant access to that cash, but you're obviously way more liquid than a CD.
If your broker doesn’t default your cash into a money market mutual fund, you can manually buy a fund like VMRXX and collect over 5% APY on that cash. The more you know™️
You and me both, 75% of my money is in VMRXX right now. As soon as I buy a single share of NVDA this whole thing is coming down.
Me too, be sure to park your cash in something interest bearing, ie if your broker doesn’t default your cash into something worthwhile, buy VMRXX which has been averaging around 5.3% APY.
VMRXX if you want to be in cash, but able to get out of cash in 24 hours. 7-day SEC yield: 5.27% (btw something I didn't know until some helpful anon pointed it out, SEC yield accounts for management fees).
> CASH.TO How does this ETF work and how does it compare to a money market mutual fund like VMRXX? The obvious difference is that you can trade in and out of the ETF the same day, but VMRXX basically only trades at 4pm.
Imhotep scared me out of my SPY position I've been holding since 2021. Keeping all my cash in VMRXX at ~5.3%. Lets get this dump over with so I can buy that dip.
You’ll get a better return in an MMMF, ie VMRXX paying 5.29%
VMRXX, but it's updated in the last 24-48 hours and it's down to 5.28% now.
With 3-4 years, you are likely to come out ahead with index investing. Market drawdowns typically recover within that time period and then make up for it. There are select instances of particular sectors that took very long periods of time to recover, which makes the case for diversification. VT and VTI are the safest options for locking in growth, though their performance reflects that safety. If you're on a specific time table then you would be likely to meet your goals with the broad indexes. I would additionally look at a money market fund like VMRXX to park *cash* in if you want to outperform HYSAs.
Student loan less than 3%, mortgage 5%. Don't pay down the debt. If there's a concern about future liquidity, then keep it in something like GSY or VMRXX. The mortgage could be argued, but I think maintaining liquidity would be better. Absent additional information about likely future income instability, paying down debt here is not the best move.
Money market mutual funds went up, VMRXX paying 5.4% APY now :)
Well if we assume you've been bag holding for years now, just consider the gains you would have had if you just cut your losses and stuck what was left into SPY. If you had gone into TQQQ or NVDA, you'd be way up. My advice is to realize the loss and reinvest what's left into something else. If you're extremely risk adverse, you could even just stick the money into a money market mutual fund like VMRXX and at least you'd be getting 5% APY.
VMRXX if they live in a state with high taxes.
There’s no catch. But the yield is approximately 60% of VMRXX. So if your marginal tax bracket for Fed + State is over 40% combined it could make sense. But as always, only a CPA or financial planner would know the correct move for your exact tax situation.
Options for me are occasional and always high risk (high reward too potentially but phew, the downside!) If you buy good stocks (I use Simply Wall St to research and vet) you’ll pick more winners than losers. You have to be prepared to hold. I’ve been holding for 2 years and only now able to sell at a profit. My goal is to grow my stack around 10-20% per year. My account includes 5% yield no risk options like VUSXX and VMRXX and ETFs like VTI and QQQ which will likely go up over time, BUT these will not return 10% in a day (they also won’t lose that). Be diversified. Be educated on individual stocks and the wider economy. Be risk averse.
minimum balances and stupid fees sometimes. Just stick your cash into your trading account and then put it into a money market mutual fund like VMRXX for better rates.
75% VMRXX right now (money market mutual fund)
Money market fund, VMRXX/SWVXX, pays 5.3%, and you can withdraw at any time during regular business hours. The rate is variable though and rates are going down. If you really don’t need the money for a while and want to lock in a rate, a CD or an individual T Bill will work best
If you’re going to early withdraw anyway, what’s the point? You’ll get a lower yield on the CD and have to pay a penalty for early withdraw, just put it in SWVXX or some other money market fund. The best is VMRXX (vanguard)
**This is very important for interest-bearing accounts** If you want to maximize no risk interest like HYSA/CD, etc. You need to invest in a money market fund. HYSA pay around 4-4.5% right now, 12m CDs pay around 5.5% but your money is locked for that entire duration. The best you could do is a money market fund, pays around 5.5% *however*, you’re money is not locked for a long duration. For the most part you can withdraw the money within a day and the initial capital is locked in (no price movements/risk, just interest). It is far superior to HYSA for the most part, you just have to take one extra step and make a brokerage account. Some popular ones are VMRXX (vanguard), SWVXX (Schwab), etc
Rates are around 4.5% for HYSA, Money market fund around 5.5%, higher than most HYSA and it’s the same 0 risk, initial capital is locked in price, so no downturns, just interest. Some common MMFs: VMRXX, SWVXX, etc. ETF: VOO (S&P 500, long term)
There’s different types of investments with different risk tolerances. Pure stocks which can be pretty volatile but long term fairly certain and highest return, something like VOO (S&P 500) or IUSG (S&P Growth) or IVE (S&P Value). Lower risk tolerance are Investment grade Corporate bond funds. Then even lower than that is government/treasury bond funds For bonds, the shorter term the lower risk. Lastly, money market funds. Unless you’ll need the money within seconds It’s almost always better to buy into one from a brokerage account, banks usually skim a bit of interest off the top than what you really should be earning. Best are VMRXX, SWVXX but there’s other depending on how much capital you have. These are returning around 5% right now but interest rates will probably go down soon, still complete safety of capital though
Yea, I pretty much ended up doing that. I'm always trying to find better strategies or ways of managing my pennies, but I essentially do what you mention. So in Vanguard, I have my IRA that I use to hold passive and active ETFs. I also use their brokerage account for two other purposes; 1) 3+ months of an emergency fund laddered in T bills, & 2) Cash savings for my inevitable car purchase in a money market fund (VMRXX) I use Fidelity for my house downpayment savings. I'm currently about 60% ETFs and 40% individual stocks, but I need to change that. I either have to buy bonds or more ETFs OR take the time to really learn how to valuate a company. I'm mostly in the green with my picks and it was gift money to make "riskier" investments, but I admittedly acted a little preemptively. Having the accounts separate helps me be consistent about putting money in each month, even if I just leave my individual stock portfolio with dry powder until I decide where I want to allocate it. Just a thought, if it were easier for you to comingle your funds, you could always track the performance of each of your holdings individually, rather than as a whole. I'd think that their individual performance would be more relevant than the account's performance as a whole.
Mate, house money is real money. Take at least $500k and stick it in some bogglehead shit, CDs, or at least a MMMF like VMRXX (paying 5.31% right now). Gamble with the rest, but never touch that $500k again until retirement, an emergency where you have no choice, or to pay for your kids' college.
Had a big stock bonus settle today, almost put it into QQQ this morning, but I put it into VMRXX instead. I'll collect my 5% until this bitch dumps for real.
VMRXX, cash gang has been paying 5.31%
What is he actually doing for you? "He finds places for loose cash like VMRXX," like if you just deposit cash into Vanguard it goes into an equivalent money market literally by default. Hes a nice guy, ok, but if you have say $1mil with him you are paying him $15k/year. Is that worth it for a nice guy?
You need $25k to day trade. I’m not suggesting you start day trading, but being able to close a position whenever you want is key. Take $25k and put it into VMRXX, it’s a money market mutual fund laying 5.31% right now. Now that’s only $110/mo, but your money is safe. Take the other $5k and gamble with it, but never touch the $25k. Start small, $500 bets. Be the tortoise not the hare.
I save or invest about 45% of my net income, which is 38K/yr. as an apprentice plumber. This doesn't account for any side jobs I do, which go straight to either my short term (next vehicle) savings in VMRXX or to build my emergency fund more than 3 months out in a T bill ladder. I'm a late bloomer and have moved back in with my mother temporarily at 32, so it's kind of easy to max my IRA each year and I should be earning more soon. Also, it may behoove you to go look at the flowchart over on r/personalfinance. Each person's situation is different, and we all have different goals. Your goals and timeframes will determine which types of accounts you use based on risk tolerance/liquidity needs.
SWVXX is 5.25 but minus its expense ratio. Still gives VMRXX the edge at 5.21 (.10 expense). But being on Schwab we don’t have access to that.
Fuck RH. Use a real broker and then stick your cash into VMRXX or similar money market mutual fund and collect 5.31%.
Does MM count as cash? My VMRXX is obviously in the black but my VOO is down 8% from when I bought it.
Hell yeah man, congrats. If you don't know what to do with the money and you're thinking about leaving it in cash, stick it in VMRXX. That's money market mutual fund that is currently paying 5.31%. If you just plan on investing it for years then whatever index fund will work, or you could leave it in VMRXX and wait for either interest rates to drop or for the market to take a big dump, then move it into index funds.
Depends on your goal. If you don't like risk, a money market is yielding 5%+ right now. Check out VMFXX or VMRXX
VMRXX is paying 5.31% right now, which is about the best no-risk investment there is currently.
The 7 day yield is a standardized way to calculate interest yield. VMRXX is a money market mutual fund which is a cash equivalent. The 7 day yield is saying that in the last 7 days if interest rates stay exactly the same, that is the percentage interest you can expect to get in 1 year. [https://en.wikipedia.org/wiki/7-day\_SEC\_yield](https://en.wikipedia.org/wiki/7-day_SEC_yield)
Hi, very stupid question, but it is about VMRXX, which is offered through my companys 401k with fidelity. It says the 7 day yield as of 10/31/2023 is 5.32%. Can someone explain what this means?
Hmm I'm actually not sure I guess. I have a bunch of VMRXX already, but my available margin is about 1.5x my long shares + cash.
They let you sell puts using VMRXX as collateral?
* Full port into VMRXX collecting 5.31% * Sell 45dte puts * If assigned, sell off the same amount of VMRXX to avoid margin fees * Sell covered call on shares * Repeat Is this wheel strategy dumb? I avoid all margin fees with this, right?
This sub is littered with the failures of folks in the exact same situation. Literally every single one I have ever seen has ended the same way, total and complete loss, aka BTFO (BLOWN THE FUCK OUT). Sometimes they hit it big at first (first win is free), but then they try again and end up in a cycle of gambling addiction. There was a famous one earlier this year, same situation, guy completely lost his Grandma's inheritance in a short time. Don't be this guy. You are in an interesting time, as it's the first time in a LONG time (nearly 20 years) that interest have been so high. You can easily earn income on this in the following, in order of risk to reward: - High yield savings account (lame) - CDs (lock in the current interest rate for longer term, good choice if you expect interest rates to drop) - Money market mutual funds (ie VMRXX, interest rate changes, good choice if you expect rates to stay flat or continue going up) - Lower risk dividend ETFs like JEPI - Market index ETFs like SPY If I were you, I would do a mix of all of the above, just don't put much into the HYSA, whatever you might need for emergencies so like $10k maybe. Other folks in this thread might have some better suggestions, but invest this money and for the love of god don't yolo it. If you just can't shake the urge, just take $10k of it to gamble with and see how you do, but don't touch the rest or 40 year old you will be living a life of regret.
My plan is stay in VMRXX until there's either a big dump, or rates start decreasing. At the first sign of rates decreasing without a dump, I'll move into CDs and DCA into equities as the CDs mature.
Could you explain the math on this? I see that $F annual dividend is 6%. 0.06 * 15000 = 900 / 12 = $75/mo. Meanwhile you can currently get 5.3% from a money market mutual fund like VMRXX, almost entirely risk free.
While your money is just sitting around, put it into a money market mutual fund, VMRXX is paying 5.3%. Takes a day to sell out of it, but you’ll get even more margin than what you put in so you can still buy what you want same day.
The first VMRXX result on Google has 5.42% compound interest yield ytd, and doesn't have FDIC coverage. I feel like a high interest savings account can beat that with FDIC coverage.
Money market mutual funds have higher rates, ie VMRXX
VMRXX is the best across the board for <$1M but you can only buy into it if you have vanguard, SWVXX for td/Schwabb USFR is another really good option that I’ve personally been holding for several years now, which is basically a money market in ETF form, exact same structure except price is not locked at 1.00 so it’s arguably better imo because price moves based on continuously compounding interest so you’re essentially earning daily interest, current yield on it is 5.34% NET. This and/or box spreads are the best way to get the highest risk free yields/repo yields
Don’t stay in cash, go into a money market fund like VMRXX (paying 5.3% currently).
You're a little behind on VMRXX. Its current 7 day yield is 5.3%.
Jesus christ I've seen some dumb ways to lose money on WSB, but this one is top tier. If you want a risk free place to grab interest fund, stick your money in a money market fund (like VMRXX) or do CDs.
VMRXX, but I lied it’s actually only 5.3 at present.
SPAXX is currently 4.98% My money is at Vanguard in VMRXX yielding 5.3%
Depending on your time horizon and what fuckery awaits us over the next couple of years, investments other than equities are pretty attractive right now. For example a money market fund like VMRXX is paying 5.4% right now, this is a solid place to put your money if you believe rates are going to stay high or increase. Six month CDs are around 5%, good place to be if you don't need liquidity and think rates will stay flat or decrease over the next six months. For me I did really well this year, so I cashed out most of my holdings and went into VMRXX. I plan to stay there until either the market dumps or rates drop without a dump.
VMRXX or start laddering CDs. Buy the dip early next year.
Looks like my VMRXX and chill plan is paying off nicely. Wake me up when QQQ has dropped 25%.
I moved a big chunk of my portfolio into VMRXX. Why would I hold equities in these uncertain times when I can get over 5% in a money market fund?
VMRXX is the money market fund you’re looking for. If you think rates will stay flat or go up, this is what you want. If you think rates will drop in the next six months, then just do a six month CD (Chase is offering 5%). VMRXX is paying over 5% and you can just buy it hassle free in your trading account.
I went so boomer that I put my money into a money market position, lol (VMRXX is paying over 5% now).
I just moved a huge pile of cash into VMRXX which is currently paying out over 5%. I'm going to leave it there until either the market dumps or rates start to drop.
Same, just moved a big pile into the VMRXX money market fund which is currently paying out 5%. I'm going to leave it there until either interest rates start to drop or the market takes a dump (then I'll buy the dip)
$250k cash money, putting $75k in VMRXX (money market fund) at 4pm. Still deciding what to do with the rest, only going to leave about $50k in my gambling account.
VMRXX paying over 5% now, going more and more cash gang while these rates stay high.
That's what I'm thinking as well, parking it in VMRXX for now and reevaluating in six months.
Holding a big cash position, VMRXX or a CD, or maybe a better question, rates to stay flat, up, or down over the next 12 months?