Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
@Balubalu Yes, the whole "non-profit" thing is a joke. How many thousands of employees does VG have? Do they all work for free? VG has to offer competing salaries and bennies or they wouldn't have any employees.
And then all the hard assets they ha…
FWIW: In 27 years, Schwab has never pushed anything on me, nor even hinting at it with one exception: They did when they came out with their "Robo Advisor" 8-10 years ago.
I told them I was not at all interested, and they've never brought it up aga…
Transfering money from Schwab to someone's bank can be quicker than the usual 2-3 days. You can write a check and deposit it in your bank account via your phone, I have done it many times and the money was available the next morning. Schwab supplie…
I have a 74 year-old neighbor who has stargardt disease and is losing his vision. He barely can log into his Vanguard account (will not be able to in a year or so) and can't facilitate the handful of trades his does per year online. And now Vanguard…
When I get too old, I may change this, but at 75+, I can handle it/them.
Yogi, you're over 75? Wow, I thought I was usually the oldest guy around -- I'll "only" be 74 in August. However I know several guys older than me on car forums.
@msf wrote: "Consequently, restrictions on Admiral shares now apply only to actively managed funds' Admiral shares. One can usually transfer them to other brokerages but not buy additional shares."
That's what happened to me at some point when I tr…
I had VWIAX at VG, but moved it to my existing Schwab account around 2015. I sold it last fall and have no VG holdings. From all the negative comments I hear online, I'll probably never have any again.
Not quite sure what you guys are looking for, but Schwabbie has PDFs on the "Ratings and Reports" section on the right side of your research page. Click "Schwab Equity Ratings Report."
"RELIABILITY, CONSCIENTIOUSNESS, ACCURACY, DEPENDABILITY" You've obviously not tried to talk to anyone on the Customer Rage and Aggravation phone line in the past 30 years.
"Customer Rage and Aggravation" phone line? Is that for real? Never knew …
Hard for me to imagine, unless you got the one out of 10,000 people there who happens to be bad at what you were trying to accomplish. But I haven't moved any accounts into or out of Schwab in around 8-9 years, which went well at the time.
I probab…
When you're hearing is so bad that you can't use the phone chat is just wonderful.
Wow, never thought of that. I'm old, but hearing is still pretty good.
For convenience and simplicity, all our stuff is at a single brokerage: Schwab. Actually, my wife's IRA is still in-process of being transferred to Schwab. I like the 24/7 chat box option. I can ask a question and get answers ANYTIME I might think o…
From the Wall Street Journal's analysis of the economic assumptions released with the Biden budget:
Economic forecasts released Monday as part of the White House’s 2025 budget proposal assume that three-month Treasury bill rates will average 5.1% th…
Crash, FWIW: After 27 years at Schwab, I have never had any kind of problem like this where it wasn't resolved quickly. Maybe try to go over this guy's head . . . ?
I'm not a geek and never have been (but I do know a few things) but how can you not know (or not check) the size of something you're going to transfer?
Schwab re-arranged their whole fund/ETF research section in late '22, making it much worse IMO. But of course the nerds need to keep their jobs.
Depending on where you are and what you are doing, sometimes there's a "Return to classic view" link on…
"I loved that show, but don’t remember that particular one incident. There was one rotating female guest he had on who was, well, hot. Don’t remember her name or what she looks like now."
I loved that show too, watched it every week. I'm thinking…
Is the question about Mag or Gail? @Crash
Gail Dudack was one of the weekly “elves” who was consistently bearish on the markets week after week while all the other elves (6 or 7) were steadfastly bullish (1999). Rukeyser himself was also bullis…
Range-bound. That's where my portfolio is. 54 stocks, 37 bonds 7 cash.
Just thought I'd mention it. Getting impatient. Tonight, I'm sitting just off my OLD high-point, at the start of '22, before the interest rate hikes. Financials, Energy, Tech and…
Only watched Star Trek one time. Hated Shatner and still do.
Yeah I never got into it either, although Jolene Blalock was not hard to look at. I only watched a few episodes in the past year or two, never when it was on originally.
But I am getting tired of people complaining about 6-7% mortgage rates. My first mortgage, in 1975, was 8.5%.
Heh, I remember being at 12%. Of course, the house did only cost $32,000!!
My first house, with the 8.5% mortgage, was a 6 bedroom old…
Doing quite well... the CDs and Treasuries keep dribbling out money like a broken slot machine. I like money!
I’m loving the higher yields. I’m in no hurry for the Fed to drop rates. Every time a CD or Treasury matures, I just buy some more — often…
Of all the people I've talked to at Schwab in the past 27 years, every one has been very pleasant and super polite. Unless you're getting very technical with something where they might connect you to a broker, they are knowledgeable and know their w…
Speaking of Schwab, this greeting me just now...
I've had similar things happen, and just reloaded and the page came right up. It may or may not for you. But things are never down for long there, in my experience.
.....We just now initiated our joint trading account at Schwab. Perhaps wifey's IRA will be put under the Schwab umbrella, too. But my understanding is that BRUFX is peculiar; so, we'll move that $$$ into WBALX beforehand. Or is there a 1-step way …
"...There really is no reason for me to go there."
Very often, I'm downtown, and just a block away from Schwab's office. It would be very handy to walk in and get stuff done. Anytime. About stuff that might not even come to mind at this moment. (Is…
I barely keep any spare cash in the brokerage account . . . So I guess the automatic sweep rate at Schwab or Fido would not bother me, being so miniscule.
My accounts are at Schwab, and the cash portion is rarely more than 1% of my portfolio, excep…
* I wonder how much they get paid for order-flow from the various cash-like ETFs they offer.
What are "cash-like" ETFs? Ultra-short bond?
Yeah, that's what I was referring to.
Thanks.
Thanks, guys. That input is in the right direction, and good to know, though not precisely what I was looking for. But important, since I'm just a smidge away from relieving myself of the burden of truly SHITTY customer service at TRP and moving to …
Regular Schwab accounts holding cash are not in a MM fund. They earn a tiny amount of interest, but not much. They call it a “sweep account” I think.
When MMs were paying nothing it didn’t matter. But now that they’re paying 5+ I try to keep the c…
I’m afreaid @Low_Tech is “behind the curve” however. Fixed income was in vogue a year ago when money market funds hit the “astronomical” 5% mark. Today we’ve moved on to the “Mag7” - some of which have tripled or quadrupled over the past year…
My boring, bond-heavy portfolio is up 3.26% YTD, all ETFs or MFs. I like normalized interest rates.
@Low_Tech, that is really good for a bond heavy portfolio. I'm having a hard time finding bond funds returning anywhere near 3.2% YTD. It must be th…