VMRXX vs. VMFXX MM Fund for excess cash/ EF

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henry.c221
Posts: 15
Joined: Mon Sep 17, 2012 12:45 am

VMRXX vs. VMFXX MM Fund for excess cash/ EF

Post by henry.c221 » Sun Apr 14, 2019 7:07 pm

Hello Experts,

I am curious as to if VMRXX vs. VMFXX MM Fund is still a good place to park some excess cash /EF (~$100k)as an alternative to saving accounts. Appreciate your input.

UpperNwGuy
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Joined: Sun Oct 08, 2017 7:16 pm

Re: VMRXX vs. VMFXX MM Fund for excess cash/ EF

Post by UpperNwGuy » Sun Apr 14, 2019 7:37 pm

Can you tell us the names of the funds? I don’t recognize the tickers.

pdavi21
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Joined: Sat Jan 30, 2016 4:04 pm

Re: VMRXX vs. VMFXX MM Fund for excess cash/ EF

Post by pdavi21 » Sun Apr 14, 2019 7:51 pm

VMRXX. Put in a buy first thing Monday morning, and let me know how it goes.

Seriously, I recommend not keeping 100k in cash, but if you must, I currently put the tiny amount of cash I hold in BSV or VMMXX.

EDIT: Your state/fed tax rates could make VMFXX or VMSXX better than VMMXX (if they are really high).
Last edited by pdavi21 on Sun Apr 14, 2019 8:08 pm, edited 1 time in total.
"We spend a great deal of time studying history, which, let's face it, is mostly the history of stupidity." -Stephen Hawking

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BoglePaul
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Re: VMRXX vs. VMFXX MM Fund for excess cash/ EF

Post by BoglePaul » Sun Apr 14, 2019 7:52 pm

VMSXX is nice too.

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Wiggums
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Re: VMRXX vs. VMFXX MM Fund for excess cash/ EF

Post by Wiggums » Sun Apr 14, 2019 7:55 pm

Vanguard Prime Money Market Fund Admiral Shares (VMRXX)

Vanguard Federal Money Market Fund (VMFXX)

sport
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Re: VMRXX vs. VMFXX MM Fund for excess cash/ EF

Post by sport » Sun Apr 14, 2019 7:57 pm

Wiggums wrote:
Sun Apr 14, 2019 7:55 pm
Vanguard Prime Money Market Fund Admiral Shares (VMRXX)

Vanguard Federal Money Market Fund (VMFXX)
IIRC Vanguard Prime MM Admiral has a 5MM minimum purchase. At least it was when I invested in it... :twisted:

Topic Author
henry.c221
Posts: 15
Joined: Mon Sep 17, 2012 12:45 am

Re: VMRXX vs. VMFXX MM Fund for excess cash/ EF

Post by henry.c221 » Sun Apr 14, 2019 8:55 pm

Sorry guys, I misspoke about VMRXX. Please disregard

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