Schwab Money Market Funds Explained | SWVXX Vs. SNSXX

Charles Schwab Money Market Funds (MM Funds) and their taxes, High yields, expense ratio and more!

*DISCLAIMER*
-All of the content found in this video is for ENTERTAINMENT purposes only. We are NOT financial advisors and are not responsible for any losses in your personal investing experience.

[b.g.turner]

Thank you for covering the Schwab Money Market Funds. It was very informative and helpful. I am still trying to decide if it is better than just buying the T Bills through Schwab.

[lilblackduc]

Very good, indeed! Your talking through the online pages at the Schwab website makes this much easier to understand. Thank you...🇺🇸 👍☕

[Sylvan_dB]

Schwab usually does very good minimizing non-Treasury interest in those treasury funds, but you should always check the report on what percentage is Treasury before filing your taxes. Don't just assume 100% - it never is, but it may (probably will) be close enough. No guarantees!

[vigilantliving]

What if you have SWVXX in a Roth IRA, wouldn’t it be tax free if you live in CA or NY?

[woodsonjane]

Thank you for the information. I thought SNOXX is also partially state tax free?

[rhettsmedia]

For us visually impaired people please speak the symbol like SWVXX or whatever that would help us a lot thank you

[rickmancc]

T bills vs this? Why buy t bills or is it for tax purposes? Thanks for help

[gatefire]

the 5.01%, the Annualized Returns decrease every year right? or does it stay the same every year? thank you

[richieokelberry]

Is the swaxx account the same from fidelity