Search found 2751 matches

by indexfundfan
Tue Nov 12, 2019 2:24 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

I have more information about the CD in Colorado. We went in person to talk with them and the fine print is this: If you choose to withdraw early from the 120 month CD you may ONLY withdraw the interest accrued. There will be a 90 day EWP on the interest you withdraw. The caveat is that the princip...
by indexfundfan
Tue Nov 12, 2019 12:49 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

Never called these guys up to see if there would be anyway to get an account. But they are 3.37% 120 month with I believe a 90 day EWP. Would be nice to have 4 $50K CDs that I could cancel when needed. I'd take a few day vacation to Denver for that. I have nothing to invest now though. https://www....
by indexfundfan
Tue Nov 12, 2019 8:32 am
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

my application got approved on Nov 6th. Got the email over the weekend and called in just now and opened the 3 yr CD. Going to call back when some additional funds come in and get the 5 yr before the 30th. I'm glad they made things right for you. I had a similar experience with AgFed CU a few month...
by indexfundfan
Tue Nov 12, 2019 7:59 am
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

I just received an email from PSECU ...We will also honor prior rates for 24-month certificates and 36-month certificates if you call us before November 30 to open a certificate. So does this mean any existing customer can open another 24 or 36 month CD if calling before Nov 30th? That's the way I ...
by indexfundfan
Mon Nov 11, 2019 8:29 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1965
Views: 325004

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

snowman wrote:
Mon Nov 11, 2019 7:43 pm
What happened to Earl? Anybody knows?
He is on self-imposed exile. I think he got into some dispute with the mods.
by indexfundfan
Mon Nov 11, 2019 8:29 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1965
Views: 325004

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

TDA has some pretty good transfer incentives for the taxable account, but expiring soon. $50k transfer : bonus $300 $100k transfer : bonus $700 $250k transfer : bonus $1,300 $500k transfer : bonus $1,900 $1m transfer : bonus $3,500 $2m transfer : bonus $6,600 $5m transfer : bonus $12,700 https://ww...
by indexfundfan
Sun Nov 10, 2019 9:20 am
Forum: Personal Finance (Not Investing)
Topic: Fidelity - promotion bonus
Replies: 42
Views: 5960

Re: Fidelity - promotion bonus

Slick8503 wrote:
Sun Nov 10, 2019 6:25 am
I guess I'm glad that so many find chasing these things not worth the time. If everyone realized that the pay/hr was so high the bonuses would probably dry up.
+1
by indexfundfan
Sat Nov 09, 2019 8:42 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1965
Views: 325004

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

TDA has some pretty good transfer incentives for the taxable account, but expiring soon. $50k transfer : bonus $300 $100k transfer : bonus $700 $250k transfer : bonus $1,300 $500k transfer : bonus $1,900 $1m transfer : bonus $3,500 $2m transfer : bonus $6,600 $5m transfer : bonus $12,700 https://ww...
by indexfundfan
Fri Nov 08, 2019 8:28 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

Wow, just read that DA thread.

I suspect there could be many people who opened the PSECU CD with $500 just to gain a foothold onto the add-on feature. So PSECU could be looking at a potential big inflow of funds. To deal with this, they might be looking to tighten the add-on rules.
by indexfundfan
Thu Nov 07, 2019 9:52 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 146471

Re: Fidelity as a one stop shop

What's the big deal about having two accounts? Takes like a minute to log on and move money from one account to the other. It's probably excessively paranoid, but my thinking is to reduce fraud exposure by not having an ATM/debit card for the account that has more money in it. I actually have three...
by indexfundfan
Thu Nov 07, 2019 8:55 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity - promotion bonus
Replies: 42
Views: 5960

Re: Fidelity - promotion bonus

Agreed. I did a Citibank and Bank of the West savings account promos this year - netting $500 + $250 Citi required $15k + a few transfers, BW $250 + transfers. $1m for $600-2500 - meh I would also consider the "effort" (i.e. the number of minutes) you put into getting the bonus. If the amount of ti...
by indexfundfan
Thu Nov 07, 2019 8:49 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 146471

Re: Fidelity as a one stop shop

Does it show anywhere on the web page whether your ATM fees will be reimbursed? This is for the investment account, not the CMA. I don’t see that anywhere. You can always just test it out and see what happens. My ATM fees are mostly reimbursed within a few days or a week. I don't have the debit car...
by indexfundfan
Thu Nov 07, 2019 3:32 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 146471

Re: Fidelity as a one stop shop

Does it show anywhere on the web page whether your ATM fees will be reimbursed? This is for the investment account, not the CMA. I don’t see that anywhere. You can always just test it out and see what happens. My ATM fees are mostly reimbursed within a few days or a week. I don't have the debit car...
by indexfundfan
Thu Nov 07, 2019 3:24 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 146471

Re: Fidelity as a one stop shop

Does it show anywhere on the web page whether your ATM fees will be reimbursed? This is for the investment account, not the CMA.
by indexfundfan
Thu Nov 07, 2019 1:45 pm
Forum: Personal Investments
Topic: Chase YouInvest
Replies: 14
Views: 922

Re: Chase YouInvest

I have $75,000 that I need to invest in the best way for the next 90 days and then I will remove the money from this account. Better read the fine print. You qualify for the promo by holding the funds for 90 days but there is (IIRC from when I read the fine print of a similar prior offer) a longer ...
by indexfundfan
Thu Nov 07, 2019 10:08 am
Forum: Personal Investments
Topic: Chase YouInvest
Replies: 14
Views: 922

Re: Chase YouInvest

Thanks for suggesting VUSXX. I've never done anything like this before and I'm on the page where I'm buying and it's asking if the dividends and capital gains should be 'reinvest' or 'pay in cash'. Which should I choose? Thanks for the replies so far but could anyone help me determine which of the ...
by indexfundfan
Thu Nov 07, 2019 9:25 am
Forum: Personal Investments
Topic: Chase YouInvest
Replies: 14
Views: 922

Re: Chase YouInvest

6d1v7x3 wrote:
Thu Nov 07, 2019 9:16 am
Thanks for the replies so far but could anyone help me determine which of the three money market funds I should choose? I live in California and am in a low tax bracket.
In your situation, I would suggest VUSXX. Dividends exempted from state taxes.
by indexfundfan
Thu Nov 07, 2019 5:48 am
Forum: Personal Investments
Topic: Chase YouInvest
Replies: 14
Views: 922

Re: Chase YouInvest

Buy one of the Vanguard money market funds, like VUSXX, VMFXX or VMMXX, etc.
by indexfundfan
Wed Nov 06, 2019 9:09 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity - promotion bonus
Replies: 42
Views: 5960

Re: Fidelity - promotion bonus

Obviously you want to collect the bonus and also be not out of the market.
by indexfundfan
Tue Nov 05, 2019 1:02 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity - promotion bonus
Replies: 42
Views: 5960

Re: Fidelity - promotion bonus

I received the same response when I contacted them a few months ago about moving assets to them. At that time, the rep did say they will still give a $3000 bonus, if you are moving $5m.
by indexfundfan
Mon Nov 04, 2019 5:53 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

Yes, I can do wires online from Vanguard Fed MM and Treasury MM; Prime MM should be no different than Treasury MM, as they are both non-settlement-fund MM funds. I initiated my test wires from Vanguard today, about $1,000 each (the minimum to do online wire at Vanguard) from Fed MM and Treasury MM,...
by indexfundfan
Sat Nov 02, 2019 7:01 pm
Forum: Personal Finance (Not Investing)
Topic: Marcus bonus: Timing of withdrawing funds
Replies: 30
Views: 2616

Re: Marcus bonus: Timing of withdrawing funds

When I look under "Your offer status" link from inside my account, the checkbox for Maintain eligibility Maintain until 10/31/2019 Is not checked!!! Is that normal?! Anyone else? My maintenance period end date is also 10/31/19. The box wasn’t checked yesterday but today (8:30-9:00am-ish) there was ...
by indexfundfan
Sat Nov 02, 2019 10:27 am
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

However, calls into the PSECU certificate department have yielded different answers to this question. I've been told that if the scheduled transfer amount is not in the share (transferring) account, then $0 will be transferred. Next month the scheduled transfer will try again. I've been told by one...
by indexfundfan
Sat Nov 02, 2019 8:18 am
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

If your bank account is already linked up at Vanguard, my experience was that the wire transfer is actually slower than ACH. If you submit an ACH withdrawal before 12pm ET, the money will appear in the bank by 8am ET the next day. If you send it by wire, the wire transfer actually takes place only ...
by indexfundfan
Sat Nov 02, 2019 7:04 am
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

Hello, I learned about this PSECU CD from SeekingAlpha today and the article linked to this thread. You have been discussing so much, but I still have a few questions so I hope somebody can share/clarify. 1. A few people mentioned that they opened a checking account in addition to a CD at PSECU. Wh...
by indexfundfan
Thu Oct 31, 2019 9:23 pm
Forum: Personal Investments
Topic: Money funds with T+0 and T+1 settlement days
Replies: 5
Views: 485

Re: Money funds with T+0 and T+1 settlement days

I suppose it depends on the broker. For example, at Merrill Edge (Research -> Mutual Funds -> Cash Management Solutions), it says PVOXX will settle next business day provided your order is in by 3PM EST. Thanks! That's a very good summary of the funds available. For those with "same business day" s...
by indexfundfan
Thu Oct 31, 2019 6:10 pm
Forum: Personal Investments
Topic: Money funds with T+0 and T+1 settlement days
Replies: 5
Views: 485

Re: Money funds with T+0 and T+1 settlement days

I suppose it depends on the broker. For example, at Merrill Edge (Research -> Mutual Funds -> Cash Management Solutions), it says PVOXX will settle next business day provided your order is in by 3PM EST. This is what I'm trying to test out at Merrill. I wonder if it is same day settlement, can I se...
by indexfundfan
Thu Oct 31, 2019 2:47 pm
Forum: Personal Investments
Topic: Money funds with T+0 and T+1 settlement days
Replies: 5
Views: 485

Money funds with T+0 and T+1 settlement days

I was looking at the Federated Institutional Prime Value Obligations Fund PVOXX. https://www.federatedinvestors.com/products/mutual-funds/instl-prime-value-obligations/is.do The funds offers "a single strike time with T+0 and T+1 settlement". The website has the following information Strike Times 03...
by indexfundfan
Wed Oct 30, 2019 6:52 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

So you edit the link and just change "Savings" to "Checking"? I see I can do that, but does that put another 10-day hold on outgoing transfers to PSECU, and does that initiate any additional trial deposits? No, I meant to set it up all over again at Vanguard. This will be another wait of about 10 d...
by indexfundfan
Wed Oct 30, 2019 3:16 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

Kevin M wrote:
Wed Oct 30, 2019 2:54 pm
My ACH from Vanguard went into member share, not into checking.
For the money to go into checking, you have to link it up again, this time selecting "checking" as the account type.
by indexfundfan
Wed Oct 30, 2019 3:08 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

In hindsight, I could have sent the wires directly from Vanguard for free too, since apparently Vanguard can now use voice authentication to authorize wire transfers. No medallion stamp needed. I can select "Wire" instead of ACH in selling shares online at Vanguard, but as mentioned, the minimum fo...
by indexfundfan
Wed Oct 30, 2019 2:52 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

I'm sending a huge amount. :) If you have an account at Fidelity you can wire for no charge. I've done that twice now - first time with initial funding and second time to fund 1st add-on. But the max is $100K per transfer, right? Kevin Not sure Kevin. When I click on initiate a wire, the next scree...
by indexfundfan
Tue Oct 29, 2019 8:24 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

tbradnc wrote:
Tue Oct 29, 2019 7:54 pm
That was going to be a followup question - so I can wire money from Ally to PSECU just using my member number?

Way easier.
You will need at minimum the routing number, the account number and your name. Of course Ally will also charge you a fee.
by indexfundfan
Tue Oct 29, 2019 5:09 pm
Forum: Personal Finance (Not Investing)
Topic: California Fires: Landlord/Tenant Question
Replies: 71
Views: 4118

Re: California Fires: Landlord/Tenant Question

I think there was talk of PG&E reimbursing the customers for the power shutdown. Who gets the reimbursement? The tenant or the landlord?
by indexfundfan
Tue Oct 29, 2019 3:06 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1965
Views: 325004

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

btw it's strange that the last footnote says "**Cash bonus of up to $700 requires a valid transfer from another brokerage company by 11/08/19", which kind of implies the bulk of the bonus doesn't need "new money". Eg if you had an existing joint and individual account already at TD, you could just ...
by indexfundfan
Tue Oct 29, 2019 1:06 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1965
Views: 325004

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

If you want to get on, you need to talk to a rep from your local office immediately. If your account title is not complicated (individual or joint), the transfer should complete in 3 or 4 business days. I can do it if I open a new account from that page, right ? My problem is I have a bonus in anot...
by indexfundfan
Tue Oct 29, 2019 12:59 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1965
Views: 325004

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

For TDAM, actual transfer needs to be completed by Oct 8th. Not just initiating transfer. Not much time -- it takes a few days for ACATs. Disappointing that the board missed this earlier :( ADDED: *Offer valid for preselected clients who respond to the offer. So not clear they would honor it if you...
by indexfundfan
Tue Oct 29, 2019 12:35 pm
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1965
Views: 325004

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

TDA has some pretty good transfer incentives for the taxable account, but expiring soon. $50k transfer : bonus $300 $100k transfer : bonus $700 $250k transfer : bonus $1,300 $500k transfer : bonus $1,900 $1m transfer : bonus $3,500 $2m transfer : bonus $6,600 $5m transfer : bonus $12,700 https://ww...
by indexfundfan
Tue Oct 29, 2019 11:36 am
Forum: Investing - Theory, News & General
Topic: The Final, Definitive Thread on Brokerage Transfer Bonuses
Replies: 1965
Views: 325004

Re: The Final, Definitive Thread on Brokerage Transfer Bonuses

TDA has some pretty good transfer incentives for the taxable account, but expiring soon. $50k transfer : bonus $300 $100k transfer : bonus $700 $250k transfer : bonus $1,300 $500k transfer : bonus $1,900 $1m transfer : bonus $3,500 $2m transfer : bonus $6,600 $5m transfer : bonus $12,700 https://www...
by indexfundfan
Sun Oct 27, 2019 10:27 pm
Forum: Investing - Theory, News & General
Topic: Charles Schwab Referral Bonus - Really Need to Keep for a Year?
Replies: 26
Views: 1731

Re: Charles Schwab Referral Bonus - Really Need to Keep for a Year?

What did the terms of the offer say? If you don't follow the terms to the letter, Schwab could remove the bonus they paid you.
by indexfundfan
Sun Oct 27, 2019 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Bronze vs Bronze HSA
Replies: 18
Views: 1322

Re: Bronze vs Bronze HSA

We're self employed and buy our healthcare on the Washington State Exchange. We have two children on the policy. I experimented this year (2019) and bought a bronze policy. The premium is $1,065/month less than the gold from the same insurer. And each month I have deposited $1,065 in a dedicated HY...
by indexfundfan
Sun Oct 27, 2019 1:35 pm
Forum: Personal Investments
Topic: Best Single Entity for Investments + Cash + Banking
Replies: 39
Views: 3214

Re: Best Single Entity for Investments + Cash + Banking

Thanks. It looks the best non-sweep options are PVOXX and TMCXX. Do you buy any of them? I guess these have floating NAVs? I'm going to try to buy one of them next week in my IRA. Yes, my personal rationale is here , but it is for a taxable account subject to California tax laws. Thank you. It look...
by indexfundfan
Sun Oct 27, 2019 12:59 pm
Forum: Personal Investments
Topic: Best Single Entity for Investments + Cash + Banking
Replies: 39
Views: 3214

Re: Best Single Entity for Investments + Cash + Banking

Merrill Edge has decent money market funds , but the good ones require 100k to open the fund and you can deposit/withdraw any amount afterwards. Can you purchase these money market funds online from Merrill Edge without calling in? Are there any short term redemption fees? Yes, you can buy/sell int...
by indexfundfan
Sun Oct 27, 2019 7:56 am
Forum: Personal Investments
Topic: Best Single Entity for Investments + Cash + Banking
Replies: 39
Views: 3214

Re: Best Single Entity for Investments + Cash + Banking

Merrill Edge + BofA CC is tough to beat. Platinum Rewards bonus on the credit card is probably the single most valuable perk. From what I can tell, though, their really lousy cash management options undermine it. Savings account at less than 0.1% interest? I'd have to be charging a looooot of stuff...
by indexfundfan
Sat Oct 26, 2019 8:22 pm
Forum: Personal Finance (Not Investing)
Topic: Fidelity as a one stop shop
Replies: 1202
Views: 146471

Re: Fidelity as a one stop shop

I was also trying to get some clarity if the 1% FTF applied to ATM cash withdrawals. Don't care about the 1% fee for other transactions since I have CC I'd use instead. No FTF if the Fidelity debit card is used for ATM cash withdrawals. The 1% FTF applies only if you use the card at a POS terminal ...
by indexfundfan
Sat Oct 26, 2019 8:13 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

I suppose, based on how you want to interpret these things, you could see it either as ~36 days of lost interest spread over the ~36 transfers, or 1 day of lost interest on the total sum of funds invested in the CD after the initial funding, amortized over 3 years. Pick whichever one makes you feel...
by indexfundfan
Sat Oct 26, 2019 6:30 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

Any even more meaningful metric for the PSECU CD add-on monthly day of deposit is total lost interest. For example, for a deposit from a savings account earning 2.50% APY compounded daily, interest rate is 2.47% (=NOMINAL(2.50%, 365), daily interest rate is 0.0068% (divide nominal rate by 365), one...
by indexfundfan
Sat Oct 26, 2019 4:30 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

Note: a holiday affects the cost value of the next day, not the day itself. For example, for the Labor Day 9/7/2020 (Monday) that you mentioned, the cost value of 9/7/20 remains at 3. It is 9/8/20 which is adversely affected. It's cost value is now one plus the cost value of the prior day, giving i...
by indexfundfan
Sat Oct 26, 2019 4:18 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

If I take the sum of the "scores" using your system, instead of the average, it gives the total number of lost interest days for the period under consideration. The ranking results are the same, with 3, 7, 10 and 14 having 10 days of lost interest, 15th has 12, and 13th has 13. So the worst day has...
by indexfundfan
Sat Oct 26, 2019 3:44 pm
Forum: Investing - Theory, News & General
Topic: Best CD rates thread
Replies: 373
Views: 39141

Re: Best CD rates thread

Without accounting for holidays initially, tried your suggestion as well as my ranking scheme, corrected for Saturday, and the results are the same. Best month days for my assumptions are 3, 7 10 and 14. With my ranking system these get the high value of 1.615, compared for example to the 15th at 1...