u/Byrus00

Hi. I have a chunk of cash in vbil but it seems vusxx is just overall simpler. Any reason not to keep all the cash in vusxx instead? Thanks.

So I just moved a good amount of cash from vmrxx to VBIL to save on state taxes. I thought it was basically a cash equivalent although I know it's not exactly the same. I lost $60 yesterday. I am surprised. I get that it's a small percentage of the account but I didn't really think I'd see losses like that. If I really don't want losses of principal Did I just mess up and should I go back to vmrxx?

Thanks.

Hi. When buying vbill should I put in a market order or a limit order? In the past I just bought vmrxx so it didn't matter since it was a mutual fund - so not sure the best way to buy this etf. Thanks.