Subject: Re: Schwab: Problem to invest cash
Treasury Direct isn't the hassle it used to be. But I've another reason to use them. I would never put all my assets in any one shop. I realize that the chances of Fido or Vanguard or Schwab having financial problems is very low, but if what I want for that portion of my port is cash, then 8 week Treasuries directly invested in TD are pretty likely to still be there when stuff hits the fan and I need the cash. It really depends on how you want to spread your risk.
Rgds,
HH/Sean