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	<title>Comments on: Cash management using municipal resets instead of MMF</title>
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	<description>Personal finance and investing in mutual funds and ETFs</description>
	<pubDate>Sat, 11 Oct 2008 18:38:38 +0000</pubDate>
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		<title>By: indexfundfan</title>
		<link>http://www.indextown.com/archives/2007/08/29/cash-management-using-municipal-resets-instead-of-mmf/#comment-20074</link>
		<dc:creator>indexfundfan</dc:creator>
		<pubDate>Thu, 30 Aug 2007 16:49:31 +0000</pubDate>
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		<description>Just to correct a &lt;a href="http://www.diehards.org/forum/viewtopic.php?t=5439&#038;mrr=1188491526" rel="nofollow"&gt;misconception&lt;/a&gt; on municipal resets.

After you purchase a reset, there is nothing more that you need to do. You do not have to manually rollover every week, i.e. no buying or selling each week. What happens every week is that you get paid and the rate resets. Of course if you want, you can put a hold-bid order every week at a specific minimum yield but this is completely optional.</description>
		<content:encoded><![CDATA[<p>Just to correct a <a href="http://www.diehards.org/forum/viewtopic.php?t=5439&#038;mrr=1188491526" rel="nofollow">misconception</a> on municipal resets.</p>
<p>After you purchase a reset, there is nothing more that you need to do. You do not have to manually rollover every week, i.e. no buying or selling each week. What happens every week is that you get paid and the rate resets. Of course if you want, you can put a hold-bid order every week at a specific minimum yield but this is completely optional.</p>
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