Today redeemed $100,000 from US treasury fund at T Rowe. They will send check to office. I will distribute to myself and GTN. I anticipate getting a total of $300,000 out of Hacks Cross TRP account so partners can invest it on their own for more yield. So there is $200,000 more to redeem after today.
I also bought $50,000 more of JNK (SPDR Barclays high yield) for my personal acct at Fidelity. Money came from money market account at Fidelity. There was $59,000 in money market fund, so after this trade there will be about $9000 left.
Thursday, March 25, 2010
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