Search found 90 matches

by ma21n2
Sun Jan 12, 2020 8:38 pm
Forum: Personal Investments
Topic: Chase YouInvest cost basis method
Replies: 50
Views: 6975

Re: Chase YouInvest cost basis method

Has anyone recently transferred ETFs into You Invest by JP Morgan Chase? I'd like to take advantage of their $1,000 bonus for opening a Chase Sapphire Checking + YouInvest (which requires transferring $75K into Chase checking/saving/YouInvest account). Before I do that, I want to make sure that the...
by ma21n2
Fri Jan 03, 2020 2:15 pm
Forum: Investing - Theory, News & General
Topic: Buying VG ETF at VG vs VG ETF at Schwab vs Merrill?
Replies: 2
Views: 276

Re: Buying VG ETF at VG vs VG ETF at Schwab vs Merrill?

...Vanguard and Fidelity does not sell order flows to high speed trading firms, Schwab and Merrill does.... I thought Merrill Edge doesn't accept PFOF, either? This page says "Merrill does not accept payment for order flow routed to third‑party market makers." I've been using Merrill Edge, and I of...
by ma21n2
Thu Jan 02, 2020 9:08 pm
Forum: Personal Investments
Topic: 1040 ES Estimated Tax Payments
Replies: 13
Views: 984

Re: 1040 ES Estimated Tax Payments

yes, done it many times and it's how families with both employees and self employed keep up. Set your w4 to one amount and then put a to do item on your calendar. You can do it every quarter or you may decide that twice a year is enough to do your catch up. And it's as simple as pie. Just go on the...
by ma21n2
Mon Dec 30, 2019 10:11 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 299
Views: 40358

Re: Case study Broker trade executions

I bought some VNQI (Vanguard Global ex-U.S. Real Estate ETF) today from my Vanguard Roth IRA account. ETF.com says average spread is 0.03%. I made 3 market buy orders (10 shares, 100 shares, and 100 shares). When I placed these orders, the spread was $0.01. To my surprise, all 3 buy orders executed ...
by ma21n2
Thu Dec 26, 2019 10:30 am
Forum: Investing - Theory, News & General
Topic: VUSXX (Treasury Money Market) has higher yield than VFISX (Short-Term Treasury Fund)?
Replies: 5
Views: 730

Re: VUSXX (Treasury Money Market) has higher yield than VFISX (Short-Term Treasury Fund)?

Thanks. That’s a useful page. It is weird that some ultra short term bonds have a higher yield than short term bonds.
by ma21n2
Wed Dec 25, 2019 10:50 pm
Forum: Investing - Theory, News & General
Topic: VUSXX (Treasury Money Market) has higher yield than VFISX (Short-Term Treasury Fund)?
Replies: 5
Views: 730

VUSXX (Treasury Money Market) has higher yield than VFISX (Short-Term Treasury Fund)?

I was comparing the yield of various low-risk mutual funds, and noticed that VUSXX (Treasury Money Market) has a higher yield (1.56%) than VFISX (Short-Term Treasury) (1.51%). I think VUSXX maintains $1/share, so price doesn't fluctuate. It has average maturity of 53 days. OTOH, you can lose money w...
by ma21n2
Mon Dec 23, 2019 10:45 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 299
Views: 40358

Re: Case study Broker trade executions

Thank you both!
by ma21n2
Mon Dec 23, 2019 10:09 pm
Forum: Investing - Theory, News & General
Topic: Case study Broker trade executions
Replies: 299
Views: 40358

Re: Case study Broker trade executions

I only trade in very liquid ETFs such as VTI, SCHB, ITOT, etc. Most of my trades are odd lot orders because I contribute a set amount to Merrill Edge from every paycheck and buy ETFs. Sometimes I do trade a large number of shares — when I rebalance or tax loss harvest. I read through the entire thre...
by ma21n2
Mon Dec 23, 2019 5:02 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Long-Term Treasury Bond Index Fund (FNBGX)
Replies: 6
Views: 459

Re: Fidelity Long-Term Treasury Bond Index Fund (FNBGX)

Thanks. SPTL, VGLT, SCHQ all seem to have a greater bid/ask spread than TLT. On ETF.com, it looks like they all have similar duration. For example, it says 17.75 years for TLT and 17.31 for VGLT. I think I'll just stick with FNBGX for now and maybe switch to SPTL, VGLT, or SCHQ later when their avg....
by ma21n2
Mon Dec 23, 2019 3:09 pm
Forum: Investing - Theory, News & General
Topic: Fidelity Long-Term Treasury Bond Index Fund (FNBGX)
Replies: 6
Views: 459

Fidelity Long-Term Treasury Bond Index Fund (FNBGX)

After reading a thread on allocating your bond portfolio to long-term treasuries when you have a long investment horizon, I decided to put 1/3 of my bonds into long-term treasuries. My former employer's 401k through Fidelity has Fidelity Long-Term Treasury Bond Index Fund (FNBGX) as an option, which...
by ma21n2
Sun Dec 22, 2019 1:51 pm
Forum: Investing - Theory, News & General
Topic: SEC Yield vs Distribution Yield
Replies: 13
Views: 19261

Re: SEC Yield vs Distribution Yield

When I look at VCAIX (Vanguard CA Intermediate Tax-Exempt), 30-day SEC Yield is 1.33% as of 12/19/2019. The distribution page shows Distribution yield of 2.35% on the last dividend payment (record date 11/29/2019). That's more than 1% higher than the 30-day SEC Yield. Does this mean I should expect ...
by ma21n2
Sun Dec 22, 2019 9:27 am
Forum: Personal Investments
Topic: Schwab PCRA in 401k plan
Replies: 13
Views: 1381

Re: Schwab PCRA in 401k plan

FYI, on my Schwab PCRA account, there is no commission to purchase stocks. I think when Schwab recently cut stock commission to $0 on their retail brokerage accounts, they also applied that policy to PCRA accounts. So I buy BNDX in my Schwab PCRA without commission. Edit: my Schwab 401k charges no a...
by ma21n2
Sat Dec 21, 2019 9:22 pm
Forum: Investing - Theory, News & General
Topic: Buying VBMFX/VTIBX then converting to BND/BNDX
Replies: 6
Views: 365

Re: Buying VBMFX/VTIBX then converting to BND/BNDX

So couldn’t people make money off of buying Vanguard international bond mutual fund, convert to BNDX and then sell? Assuming BNDX is trading at a premium (which it seems to usually)
by ma21n2
Sat Dec 21, 2019 8:59 pm
Forum: Investing - Theory, News & General
Topic: Buying VBMFX/VTIBX then converting to BND/BNDX
Replies: 6
Views: 365

Re: Buying VBMFX/VTIBX then converting to BND/BNDX

Those bond mutual funds are not convertible to the ETF share class. There is a discrepancy between the daily mutual dividend accruals and the monthly ETF dividend accruals that would make conversions awkward. That’s what I thought but then I saw this page on Wealthfront, which says those bond funds...
by ma21n2
Sat Dec 21, 2019 8:27 pm
Forum: Investing - Theory, News & General
Topic: Buying VBMFX/VTIBX then converting to BND/BNDX
Replies: 6
Views: 365

Buying VBMFX/VTIBX then converting to BND/BNDX

I wanted to hold Vanguard total international bonds in a tax deferred account rather than tax exempt, so I sold VTIBX held in my Vanguard Roth IRA and then bought the same amount of BNDX in my Schwab Traditional 401k’s PCRA account. Schwab shows the ETF premium/discount over NAV, and I noticed BNDX ...
by ma21n2
Wed Dec 18, 2019 12:32 am
Forum: Investing - Theory, News & General
Topic: [2019] Where are Vanguard declared dividends posted?
Replies: 9
Views: 933

Re: Where are Vanguard declared dividends posted?

Anyways, I see buying SCHB and SCHF now as win-win-win. Don't you see it that way, too? Yes for SCHB, no for SCHF - at least for OP. OP is a high federal-bracket + NIIT and CA taxpayer, and as such should avoid putting new money in taxable accounts into international funds anyway, at least while th...
by ma21n2
Tue Dec 17, 2019 9:36 pm
Forum: Investing - Theory, News & General
Topic: [2019] Where are Vanguard declared dividends posted?
Replies: 9
Views: 933

Re: Where are Vanguard declared dividends posted?

Anyways, I see buying SCHB and SCHF now as win-win-win. Don't you see it that way, too? Yes for SCHB, no for SCHF - at least for OP. OP is a high federal-bracket + NIIT and CA taxpayer, and as such should avoid putting new money in taxable accounts into international funds anyway, at least while th...
by ma21n2
Tue Dec 17, 2019 11:13 am
Forum: Investing - Theory, News & General
Topic: [2019] Where are Vanguard declared dividends posted?
Replies: 9
Views: 933

Re: Where are Vanguard declared dividends posted?

As posted elsewhere at Vanguard.com for some December 2019 dividends from ETFs: Ticker Decl Ex-div pay QDI% VEU 12/19 12/23 12/27 73% VEA 12/19 12/23 12/27 79% VTI 12/20 12/24 12/30 95% VV 12/20 12/24 12/30 98% VBR 12/20 12/24 12/30 74% Thanks! So it looks like I should wait a week to buy VTI if I ...
by ma21n2
Tue Dec 17, 2019 11:01 am
Forum: Investing - Theory, News & General
Topic: [2019] Where are Vanguard declared dividends posted?
Replies: 9
Views: 933

[2019] Where are Vanguard declared dividends posted?

[Moved into a new thread from: Where are Vanguard declared dividends posted? -- admin LadyGeek] I received dividends from Schwab ETFs today (SCHB, SCHF) and want to invest them in Vanguard ETFs (VTI, VEA). It's in a taxable account, so I don't want to buy just before ex-dividend date. When I look a...
by ma21n2
Thu Dec 12, 2019 9:27 pm
Forum: Personal Investments
Topic: Chase You Invest for Taxable Account
Replies: 28
Views: 4311

Re: Chase You Invest for Taxable Account

Yes as I've already said, you can buy $1, $34, or $289 to start with VTSAX, VTIAX, VFIAX etc. Many Admiral funds have no minimum at Chase. I don't see why folks would invest anywhere else, honestly. Have things changed since May? Just tried VTSAX and it shows $3000 minimum. Also tried VCADX (CA mun...
by ma21n2
Wed Dec 11, 2019 1:13 am
Forum: Personal Finance (Not Investing)
Topic: USAA Multi Product Discount
Replies: 37
Views: 4520

Re: USAA Multi Product Discount

Looks like USAA decided to sell its brokerage business to Schwab. From what I can tell, they are selling off the brokerage business completely, so eventually you’d need to go to Schwab website to manage your brokerage account (that you currently manage at usaa.com). I wonder if discount will go away...
by ma21n2
Mon Nov 25, 2019 1:54 am
Forum: Personal Investments
Topic: Chase YouInvest cost basis method
Replies: 50
Views: 6975

Re: Chase YouInvest cost basis method

Has anyone recently transferred ETFs into You Invest by JP Morgan Chase? I'd like to take advantage of their $1,000 bonus for opening a Chase Sapphire Checking + YouInvest (which requires transferring $75K into Chase checking/saving/YouInvest account). Before I do that, I want to make sure that the ...
by ma21n2
Tue Nov 19, 2019 4:19 pm
Forum: Personal Finance (Not Investing)
Topic: Vanguard intentionally delaying fund transfer to Fidelity DAF?
Replies: 24
Views: 2648

Re: Vanguard intentionally delaying fund transfer to Fidelity DAF?

I had similar problems when I contributed Vanguard brokerage ETF shares to a Fidelity DAF about 4 years ago. Since then I have initiated at Vanguard on their form. The two additional times I have contributed it went smoothly (but still took about 7 working days). Vanguard even got the cost basis ri...
by ma21n2
Tue Nov 19, 2019 12:42 am
Forum: Personal Investments
Topic: Any downside to exchanging Vanguard funds regularly?
Replies: 5
Views: 785

Re: Any downside to exchanging Vanguard funds regularly?

Yes, it's a long term thing. I'm in my late 30's so I have a while to go. I'm thinking mathematically it'd be best to exchange out of REIT in Vanguard IRA on the same day the REIT fund in 401k is bought, so it's as if I'm purchasing VTI, Vanguard Int'l Bond fund, VWO, etc. directly -- as opposed to ...
by ma21n2
Tue Nov 19, 2019 12:08 am
Forum: Personal Investments
Topic: Any downside to exchanging Vanguard funds regularly?
Replies: 5
Views: 785

Any downside to exchanging Vanguard funds regularly?

Hello, I have 8.5% of asset allocated to REIT, which is currently all in Vanguard REIT fund (VGSLX) in my Roth IRA . Most of my Roth IRA space is filled with this REIT fund right now. But I'd like to have some room for other things like international bonds, Vanguard emerging markets (VWO), etc., whi...
by ma21n2
Tue Nov 12, 2019 10:03 pm
Forum: Personal Investments
Topic: Regular investing into taxable while maintaining AA
Replies: 11
Views: 861

Re: Regular investing into taxable while maintaining AA

It’s not that important to use Vanguard TR fund for my new 401k. It actually turns out my new 401k does have Vanguard REIT fund! (not available in old 401k) I don’t want to roll over my old 401k into new 401k because new 401k has 0.15+ admin fee, whereas old 401k has none. Having REIT is probably mo...
by ma21n2
Tue Nov 12, 2019 8:26 pm
Forum: Personal Investments
Topic: Regular investing into taxable while maintaining AA
Replies: 11
Views: 861

Re: Regular investing into taxable and maintaining AA

Here's an example. You are saving $37k a year. Of that, only $6k (16%) can go into Roth IRA. So it would be impossible for you to hold a 10% allocation to both of them because they pretty much have to go into the Roth IRA. That does not seem to be your situation, just an example. Correction, I read...
by ma21n2
Tue Nov 12, 2019 4:57 pm
Forum: Personal Investments
Topic: Regular investing into taxable while maintaining AA
Replies: 11
Views: 861

Re: Regular investing into taxable and maintaining AA

Thanks. I used to use Wealthfront w/my taxable account, so I have like $30K of VTEB (Vanguard Muni ETF). I'd rather keep it for now to avoid cap gains taxes, but I'm fine not buying any more munis. I was buying more munis because (1) I read about bonds being better in a taxable account in the curren...
by ma21n2
Tue Nov 12, 2019 1:59 pm
Forum: Personal Investments
Topic: Regular investing into taxable while maintaining AA
Replies: 11
Views: 861

Regular investing into taxable while maintaining AA

Hello, Here are the basics: Emergency funds : Have enough. Debt : $30K auto loan (2.25%, 3 years left), 5/1 ARM mortgage @2.75% (will probably move before 5 year ends) Tax Filing Status : Single Tax Rate : 35% Fed + 9.3% CA Age : Late 30's Desired Asset allocation : 85% stocks / 15% bonds Desired In...
by ma21n2
Mon Nov 11, 2019 4:30 pm
Forum: Personal Investments
Topic: USAA Giving Fund (Donor Advised Fund)
Replies: 10
Views: 481

Re: USAA Giving Fund (Donor Advised Fund)

Gill wrote:
Mon Nov 11, 2019 4:28 pm
Just took a look at USAA Giving Fund and found this:

"The USAA Giving Fund is not currently available for new accounts."

Not that I would want one anyway with the high ER on its funds.

Gill
This is the best answer. Thanks for finding that. I'll go with Fidelity DAF.
by ma21n2
Mon Nov 11, 2019 4:14 pm
Forum: Personal Investments
Topic: USAA Giving Fund (Donor Advised Fund)
Replies: 10
Views: 481

Re: USAA Giving Fund (Donor Advised Fund)

We probably won't be keeping a high balance in the account (probably less than $15K at any given time). But you will be contributing more than 15k right? Otherwise, DAF might not be worth it. I don't know your situation, but with married-filing-jointly and SALT-limited and no mortgage interest, you...
by ma21n2
Mon Nov 11, 2019 4:11 pm
Forum: Personal Investments
Topic: USAA Giving Fund (Donor Advised Fund)
Replies: 10
Views: 481

Re: USAA Giving Fund (Donor Advised Fund)

We probably won't be keeping a high balance in the account (probably less than $15K at any given time). But you will be contributing more than 15k right? Otherwise, DAF might not be worth it. Over time yes, but this year probably only $5000 required to open an account. Seeing as I wouldn’t donate a...
by ma21n2
Mon Nov 11, 2019 1:19 pm
Forum: Personal Investments
Topic: USAA Giving Fund (Donor Advised Fund)
Replies: 10
Views: 481

USAA Giving Fund (Donor Advised Fund)

I noticed USAA offers "USAA Giving Fund," which is a Donor Advised Fund. I see posts about Fidelity DAF (along with Vanguard's and Schwab's), but I am not finding any about USAA Giving Fund. Does anyone have any experience with USAA Giving Fund, in terms of their customer service, competence, ease o...
by ma21n2
Mon Oct 07, 2019 9:13 am
Forum: Personal Investments
Topic: Transfer into former employer's 401(k) possible?
Replies: 25
Views: 1805

Re: Transfer into former employer's 401(k) possible?

I’ll decide what to do once I hear back from Schwab re whether my former employer will let me rollover my current 401k into their plan (seems unlikely) and also get some more details on future employer 401k plan. Please post here once you find out, I am in similar boat. I went through the SPD (Summ...
by ma21n2
Sat Oct 05, 2019 9:52 am
Forum: Personal Investments
Topic: Transfer into former employer's 401(k) possible?
Replies: 25
Views: 1805

Re: Transfer into former employer's 401(k) possible?

Thanks for that thorough summary! I can’t contribute directly to Roth IRA, so I don’t want to move my current 401k to IRA when I leave my current job. I’ll decide what to do once I hear back from Schwab re whether my former employer will let me rollover my current 401k into their plan (seems unlikel...
by ma21n2
Sat Oct 05, 2019 9:13 am
Forum: Personal Investments
Topic: Transfer into former employer's 401(k) possible?
Replies: 25
Views: 1805

Re: Transfer into former employer's 401(k) possible?

Wow, you are a tough customer. The cheapest index fund in my plan has a 0.35% expense ratio. I would be thrilled to have your options, and delighted to piece together a couple of funds to replicate the total market. When you say that Company C "doesn't have a good selection either", what are we tal...
by ma21n2
Sat Oct 05, 2019 9:06 am
Forum: Personal Investments
Topic: Transfer into former employer's 401(k) possible?
Replies: 25
Views: 1805

Re: Transfer into former employer's 401(k) possible?

The problem with IRA is the higher ER as well as interference with backdoor Roth IRA. My previous employer 401k has “Vanguard TR 2045 Trust II.” Not sure how these “Trusts” are different from traditional mutual funds. https://content.schwabplan.com/funddetail/VTR45.pdf I googled and it looks like Va...
by ma21n2
Sat Oct 05, 2019 12:40 am
Forum: Personal Investments
Topic: Transfer into former employer's 401(k) possible?
Replies: 25
Views: 1805

Re: Transfer into former employer's 401(k) possible?

Thanks. That makes sense. One thing I forgot to mention is, my current employer 401k charges like $40/year in recordkeeping fees, which is about 0.05% of account balance. So even though those Fidelity funds have low ER, I think I can do better with a Vanguard IRA. I'll probably move it to Vanguard ...
by ma21n2
Fri Oct 04, 2019 6:34 pm
Forum: Personal Investments
Topic: Transfer into former employer's 401(k) possible?
Replies: 25
Views: 1805

Re: Transfer into former employer's 401(k) possible?

Mine was free until last year, but they just started charging this year. Well, I guess it wasn't ever free. They said record keeping fees were previously included as part of funds' expenses, but it doesn't look like they lowered the ER for US Stock index funds and bond funds even after they began ch...
by ma21n2
Fri Oct 04, 2019 2:45 pm
Forum: Personal Investments
Topic: Transfer into former employer's 401(k) possible?
Replies: 25
Views: 1805

Re: Transfer into former employer's 401(k) possible?

Thanks. That makes sense. One thing I forgot to mention is, my current employer 401k charges like $40/year in recordkeeping fees, which is about 0.05% of account balance. So even though those Fidelity funds have low ER, I think I can do better with a Vanguard IRA. I'll probably move it to Vanguard I...
by ma21n2
Fri Oct 04, 2019 2:18 pm
Forum: Personal Investments
Topic: Transfer into former employer's 401(k) possible?
Replies: 25
Views: 1805

Re: Transfer into former employer's 401(k) possible?

Thanks everyone! I messaged Charles Schwab, so I'll share what I find out. My current employer's 401k w/Fidelity isn't bad. It does have low cost Fidelity index funds: - Fidelity 500 Index (FXAIX) 0.015% - Fidelity Extended Market Index (FSMAX) 0.045% - Fidelity Int'l Index (FSPSX) 0.035% - Fidelity...
by ma21n2
Fri Oct 04, 2019 1:33 pm
Forum: Personal Investments
Topic: Transfer into former employer's 401(k) possible?
Replies: 25
Views: 1805

Transfer into former employer's 401(k) possible?

I see a lot of stuff on the internet talking about whether to rollover your current employer 401(k) into your new employer 401(k) if you get a new job... but I am wondering if I can transfer my current employer 401(k) into my former employer 401(k) when I leave my current job. I used to work for Com...
by ma21n2
Tue Oct 01, 2019 2:14 pm
Forum: Personal Investments
Topic: Bonds vs. paying off mortgage - comparing returns
Replies: 9
Views: 1478

Re: Bonds vs. paying off mortgage - comparing returns

ma21n2 wrote: But when I'm comparing the yield of buying bonds vs. paying off mortgage early, shouldn't I be using the marginal tax deduction benefit, similar to the way we use marginal tax rate when we do this sort of comparison (as opposed to effective tax rate)? For example, to calculate after-t...
by ma21n2
Mon Sep 30, 2019 9:20 am
Forum: Personal Investments
Topic: Bonds vs. paying off mortgage - comparing returns
Replies: 9
Views: 1478

Re: Bonds vs. paying off mortgage - comparing returns

I recently refinanced into a 5/1 ARM at 2.75%. I deduct mortgage interest. Your effective deduction on mortgage is in excess of Standard Deduction, not the whole of it. Good point -- with the SALT cap of $10K, effectively, I don't get to deduct the entire mortgage interest. Since standard deduction...
by ma21n2
Mon Sep 30, 2019 5:59 am
Forum: Personal Investments
Topic: Bonds vs. paying off mortgage - comparing returns
Replies: 9
Views: 1478

Re: Bonds vs. paying off mortgage - comparing returns

The after tax yield on the CD is less than your mortgage rate (I’m making some assumptions regarding your marginal federal and state tax rate). The difference is small enough that this isn’t an algebra problem. You need to decide whether you value liquidity or reduced debt. I can fully deduct the m...
by ma21n2
Mon Sep 30, 2019 4:46 am
Forum: Personal Investments
Topic: Bonds vs. paying off mortgage - comparing returns
Replies: 9
Views: 1478

Bonds vs. paying off mortgage - comparing returns

I’ve been reading about the topic of invest in bonds vs. pay extra towards your mortgage. I understand one factor to consider is your current mortgage rate and the yield you can get from the bonds market. I recently refinanced into a 5/1 ARM at 2.75%. I deduct mortgage interest. I have a Navy Federa...
by ma21n2
Fri Aug 09, 2019 11:30 am
Forum: Personal Finance (Not Investing)
Topic: Is it a problem that our mortgage lender doesn’t report to credit bureaus?
Replies: 17
Views: 1486

Re: Is it a problem that our mortgage lender doesn’t report to credit bureaus?

Maybe someone might know the answer, but I do not understand why a mortgage company today would not report to credit bureaus. I was in an aspect of this, and today banking software makes such reporting very easy. I wonder why such mortgage lenders do not do this reporting? I’m not sure what the rea...
by ma21n2
Thu Aug 08, 2019 4:46 pm
Forum: Personal Finance (Not Investing)
Topic: Is it a problem that our mortgage lender doesn’t report to credit bureaus?
Replies: 17
Views: 1486

Re: Is it a problem that our mortgage lender doesn’t report to credit bureaus?

My partner and I recently refinanced through First Republic. We got a 5/1 ARM. The mortgage doesn't show up on our credit reports. Our banker at First Republic told us that they generally do NOT report mortgages to credit bureaus. However, we can choose to have them report it, which requires us sign...
by ma21n2
Wed Aug 07, 2019 1:24 am
Forum: Personal Investments
Topic: You Invest by JP Morgan Chase
Replies: 208
Views: 33432

Re: You Invest by JP Morgan Chase

I understand Chase You Invest only allows you to use FIFO for mutual funds. What about for ETFs? Will they let me select a specific lot when I sell them, even on the shares that were transferred in from another brokerage? I currently have a taxable account with Merrill Edge. I only have ETFs (no mut...