Thanks and apologies in advance for a newb question.
I'm looking to park some portion of my money into a comparable of HYSA, which provides the ability to buy/sell quickly. I'm currently using TDB8150 which is a TD mutual fund that's like a HYSA. The reason I'm looking to move is because it takes couple of days for each of buy/sell orders to complete (I want to be able to sell and reallocate into index ETF or a company if I see good opportunities, and 4 days is too long to be able to do this).
Is there another option that does not require a 4 day process to buy/sell? Ideally something that I can buy or sell instantly like individual stocks. I recently found out about SGOV and it seems to be an ETF, would this be an option that I'm looking for? Unfortunately CASH.TO isn't an option as it seems unavailable with TD Direct Investing.
Leave a Reply