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Stock Thread 2019

No one says you need to have just one brokerage account. If you can see benefits in your existing brokerage account, by all means keep it.

Why pay fees for a buy/sell transaction if you can avoid it? The $4.95 you don't spend could be working for you. Open up an account at the brokerage where the ETF resides.

Having a Schwab account is great btw. They reimburse all ATM fees. Doesn't matter which bank you withdraw your money from.
 
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I liked Fidelity a lot but had to close out my accounts there due to moving overseas.

On the ATM topic, Schwab also has very good foreign exchange rates.
 
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You can have a garunteed return of 2.2% with lots of banks ATM. Ally bank has CDs as high as 2.7% iirc.
 
"Open to anyone who lives, works, worships or goes to school in San Francisco or San Mateo counties."

65 months is the term. on the 3.1% CD.

If you don't live or work in SF, could be a good reason to attend church in SF for that rate :)

Why don't you call a branch, talk to a live person and get the specifics
 
They have another CD promotion of 2.3% for a shorter term, 16 months. Apparently they're celebrating an anniversary ...

The minimum is just $100 I think.
No pressure to lock up $20K
 
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FYI SWVXX also currently yields about 2.3%, and you can liquidate in 1 day. That's my last resort for parking cash.
 
No fake worshipping to grow your cash?
I like that!

I'm going to check that out for sure! Thanks much!

Australia treating you well in your retirement, rodr ?
 
AwakeNAlive said:
...
Australia treating you well in your retirement, rodr ?
Click to expand...

Thanks for asking. In a word, yes. :teeth

It's been really interesting learning the relevant tax laws. I have to dig into it myself because you can't hardly find a tax person who knows both countries. Foreign tax credits work in either direction. Australia has higher tax rates, but on the other hand the treaty allows me to avoid US self employment tax.

And, free health coverage is not to be sneezed at!
 
Caddywumpus said:
There's potential for loss though in a money market yes?
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Could happen, but I don't think a money market fund has ever lost money since the 1929 market crash (anyone know for sure?). See the fact sheet.
 
AwakeNAlive said:
San Francisco Federal Credit Union is offering a 3.10% CD (65-mth term)
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Why a CD? 65 month of locked up funds to return 3.1% doesn’t seem like that works in your favor. Would you please educate us on why this is a good idea? To me it seems foolish but I’m not a CD investor and I’d like to understand your view on it more.
 
AwakeNAlive said:
They have another CD promotion of 2.3% for a shorter term, 16 months. Apparently they're celebrating an anniversary ...

The minimum is just $100 I think.
No pressure to lock up $20K
Click to expand...

Check out Cit Bank. (Not CITI). You can get that or close to it in a savings account, not a CD.
 
Food for thought: Why would you need all of your savings liquid?

If you have not saved more than you need, then you have no business buying stocks.

Buying equities, you better be sure you can afford to lose it.


google laddering CDs and then you will see the light. I use to hold 3.75% 4.00% CDs before the recession. I took advantage of promotional CDs offered by competing banks. San Francisco Federal Credit Union will have another promotion in October.
 
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