Subject: Schwab: Problem to invest cash
Since a few days I am having a lot of cash lying around in my Schwab account. Thanks to a post of carolsharp I was reminded that cash now gets interest again. A quick look at Schwab and I decided to put it in "Schwab Money Funds" as the easiest short-term option (or 30-day-CD's maybe?), tried to buy their "Schwab Value Advantage Money FundŽ ' Investor Shares (SWVXX)" and got this error message:

"This account is restricted from Mutual Fund trading online ... speak with a registered representative who will assist you with offshore Mutual Fund Trading"

I can call, but not used to American bank practices and with often having problems to understand Americans on the phone I want to ask here: Why restricted? And what to do now with my cash (apart from the obvious answer "Give it to me")?