Why am I going to stop my auto sweep?
When it comes to investing, one may have a variety of instruments available, but we all know that cash is king. Investors want to maintain liquidity to capitalize on opportunities when they arise or to cover expenses in dire times. To address this, many banks offer an auto-sweep feature, where cash exceeding a predefined limit is moved to an account similar to a fixed deposit but with the flexibility to liquidate the cash deposits when transactions are made and there …