What does "manage your uninvested cash" mean when opening a brokerage account?
Posted at:
2014-12-05
Whenever a business is started it is advisable to keep some reserve fund to meet emergency. So the uninvested cash is to be kept in a separate account to meet difficult situation.
cash should be put into a municipal or taxable money market fund while the money awaits your decision
It is asking you to select a play to "put" your uninvested cash - "think money market fund" ----