Does your VC-backed startup need help to manage your books, burn, and projections? Kruze’s clients have raised over $12 billion in venture funding - find out how we help companies fly through diligence and raise the next round: kruzeconsulting.com/startup-venture-capital-finance-experts
Thank you for making this video kruze but I am kind of still confused. I have a roth IRA with fidelity and they sent me a notification of funds available to trade. When I checked, the cash came from FDIC-INSURED DEPOSIT SWEEP. What does that mean? Is my cash to trade?
We don't really work with Fidelity, so you'd have to call them to know for sure. But if we had to bet, we'd bet that they are storing your cash in an FDIC insured sweep account until you use it to make an investment. But again, please contact them, we can't say for sure.
Does your VC-backed startup need help to manage your books, burn, and projections? Kruze’s clients have raised over $12 billion in venture funding - find out how we help companies fly through diligence and raise the next round: kruzeconsulting.com/startup-venture-capital-finance-experts
Great!
Thank you for making this video kruze but I am kind of still confused. I have a roth IRA with fidelity and they sent me a notification of funds available to trade. When I checked, the cash came from FDIC-INSURED DEPOSIT SWEEP. What does that mean? Is my cash to trade?
We don't really work with Fidelity, so you'd have to call them to know for sure. But if we had to bet, we'd bet that they are storing your cash in an FDIC insured sweep account until you use it to make an investment. But again, please contact them, we can't say for sure.