CORE vs FDCXX

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BostonButterfly
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Joined: Tue Jun 06, 2017 11:49 am
Location: Boston

CORE vs FDCXX

Post by BostonButterfly » Fri Sep 22, 2017 7:07 am

I am in the process of moving to a three fund portfolio, and currently have a little bit more investing to do to complete the changeover. After moving some of my investments around, I have ended up with some money in Fidelity Treasury Money Market FD Advisor C (FDCXX), and some money in CORE FDIC-Insured Sweep. Setting aside the debate of whether or not to hold cash, if I decide to set aside some cash, which of these two funds should it remain in? I'm assuming the Sweep account is basically like money sitting in a Fidelity backroom closet, whereas Money Market is actually invested. Is that right?
Thanks!

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