MMFUSDT
MMF / Tether USD
crypto

I'm 33, investing for 11 years. 100% of my index funds are in VFIAX (or equivalent). Total portfolio is 87% VFIAX/equivalent, 13% VBTIX. This excludes emergency fund in MMF.
I know it is time to convert 30-40% of my VFIAX into VXUS. I can do this with a Roth IRA as well as a 401k (which includes a small percent in Roth 401k). Would love the community's insight on how to allocate VXUS across accounts, since they're taxed differently. Should I just do one, for simplicity (I max both annually)? 50/50 split? Base it on what I personally guess will have better returns and keep that one in Roth for the (hopefully bigger) untaxed gains?
I do \*not\* plan to convert remaining VFIAX into VTSAX.
For context, the trusted person who taught me about investing comfortably retired early in 2020 and began investing in the 1980s. They were a Boglehead, basically in the original Jack model. Kept it so simple they never learned about Roths (I figured out that I should open and max one in my late 20s) and similarly, didn't see the need/value for international. So while I have an established simple strategy that has worked well so far, and while my trusted person weathered multiple downturns without international just fine, I am trying to walk the line between picking a strategy and sticking with it vs. failing to adapt a slightly outmoded strategy.

\> when it stopped being guaranteed that many clients can deposit even smaller checks, and hold times began extending to over a week.
ways to make your ACH pulls and checks available for withdrawal immediately were communicated in this very subreddit also on a weekly basis ... have collateral / deposit to account where collateral available ... collateral is any assets in your Fidelity accounts that are not your core position/cash sweep OR any of Fidelity's own MMF

Mmf's count as cash like investment and they're pretty much the only thing that counts as that. The rule that you can't hold 100% cash like applies specifically to Mmf's, but broadly defined so someone doesn't make a slightly differently named fund to get away with it.
But to clarify:
\- uninvested cash gets a 22% tax applied to the interest. This doesn't mean MMF. This means the t212 3.8%. They invest it via MMF but for us it's effectively cash. That would drop to 2.96%
\- you can't have 100% MMF investments from April. You can have 99% and a single share in McDonald's if you like. Just not 100% MMF.

... Then it's no longer cash held? They literally mean uninvested cash. T212 has a button you can press where you can start earning interest on cash not currently invested. They require you to accept their terms for them to put your uninvested cash into QMMFs which is a market fund they're using on your behalf. You basically waive their responsibilities if the cash held goes down in value.
What you're asking is what if you invest in an MMF of your own choosing? Well then you're cutting out the middle men. They won't pay you for that. But the fund probably would. Go nuts I guess? You may technically lose out if their negotiated terms of the qmmf funds have lower % to them than you'd get but I don't know I'm not a doctor.

Seems you could have 99% in MMF and 1% in a meme stock and you’re fine to keep earning tax free interest.

TAX info for MMF, etc = [https://www.fidelity.com/tax-information/fidelity-mutual-fund-tax-information](https://www.fidelity.com/tax-information/fidelity-mutual-fund-tax-information)  \+  [https://www.fidelity.com/tax-information/prior-year-tax-exempt-income-information](https://www.fidelity.com/tax-information/prior-year-tax-exempt-income-information)
see the % vs what your state requires

I held some money in municipal MMF FSNXX in **2023** and received some interest income from this at the time. Where can I find how much of this income should have been exempt from NY state/city tax?

Now is a good time to sell and diversify. Your capital gains should be near zero. There’s no completely safe investment. The closest I can think of would be TIPS, as they won’t be outpaced by inflation, but probably won’t make you rich either. VOO or VTI would be my recommendation. Shoring up your emergency fund isn’t a bad idea. 5 years is a tight timeframe for investing husband’s tuition. As you’ve mentioned, it could drop by 50% when you are close to needing it and not recover in time. HYSA or MMF might be better for those funds.

No.
Money needed in 3-5 years should be in safe holdings... HYSA, MMF, gov bonds. It would suck in 3 years to want to go buy your house and be down 20%... You're doing right keeping it in the HYSA.

\> VUSXX is also a treasury MMF?
it is
\> Didn't know VUSXX could even be bought at Fidelity though
u can't - but i did not say I buy it in Fidelity ... I keep it Fidelity, I sell it in Fidelity, I "drip" it in Fidelity ...

VUSXX is also a treasury MMF? And it's lower expense ratio (and therefore typically higher yield, since they all invest in the same stuff) than either SGOV or USFR. Didn't know VUSXX could even be bought at Fidelity though, that's news to me (I hold it in my Vanguard account).

\> You’d have to sell your shares to have cash
it is Fidelity MMF - it will auto-liquidate itself if necessary to fund the action

MMF funds are taxable only if your Portfolio is 100% made up of them.

Open a taxable account. Place most of your money there, keeping just enough money in a readily accessible HYSA to cover immediate expenses.
Your emergency fund can go into a MMF or something like VBIL. The rest should be invested like normal. Consider a typical 2-fund portfolio of VOO + VEU or VTI + VXUS. Add bonds or other strategic holdings at a later date. VT is an acceptable replacement for VTI + VXUS if you are OK with natural market weighting and want to set it and forget it.

No. Title" T-bill ladder for non-US investors"
We are talking about alternatives to this such as MMF outside the US.
You know you can buy USD or S&P500 index funds outside the US such as in Singapore or London for example right?

MMF

Yeah no I've read the articles, I just personally think that there are some gains to be gotten over the next 3 years, IF you can treat them as uncertain.
For instance, I plan to spend a big chunk in 3 years, I'm saving up on the side of my investments for this and aiming to have what I need in a HYSA/Revolut account (highest savings yield I can get is like 2.1%) But I'm also "hoping" that after 3 years I'll be able to take some of my investment profits to supplement this and instead of the 10-15 I'm saving for I can splash out and take the 15-20k version. So yeah, if I was relying on it for like a house deposit or something important and time sensitive then for sure savings or MMF.. but in my case I'm expecting what I put into the market last year will be significantly higher in 3 years than now, is that crazy?
I'm aware I've been born into a bull so I dont know real losses yet, but even after this red july my portfolio is up about 28% overall with several stocks over 100%. Am I just being a fool or is it more likely tjat stocks in general will co tinue to climb even if theres downturns, dips, and potentially even weatjer a crash?