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.
@rforno- why don't you try using their "Chat" service to ask someone directly? Hard for them to ignore that. Another possible option- we've been assigned an account poobah, but have never had any traffic with him. If you also have a "dedicated" acco…
@yogibearbull - Thanks for your quick response. I did take a look at the Deposit Accounts site before posting, but in checking out Morgan Stanley Bank there I noted that they are being given a pretty poor rating based, according to the site, only "o…
I also posted this as a separate subject, but since we're looking at CDs here I thought that I'd ask here also-
I'm wondering if any of you folks have a preferred site for checking bank safety ratings for use in buying CDs?
Thanks!
I just read that Apple has initiated a deal with OpenAI to incorporate lots of cool AI stuff into the Apple universe.
I just want to make clear for the record that I've been using my own personal artificial intelligence here on MFO for many years, …
" I did bend a bit and buy a few collectors grade Carson City Morgans maybe 8-10 years ago."
@hank- I'll bet you were listening to @rono on that one. :)
Finally got the time to watch that- once again it seems to me that Friedman is one of the few influential people actually understanding and trying to deal with Mid-East reality. That seems to be beyond the capabilities of the various politicians inv…
@msf- If you can temporarily pool enough cash to get into SUTXX, once that fund is open you can reduce the holding to well below the $1m. I was advised on that at our local Schwab branch, and that's our situation at the moment, having just taken cas…
"Costco has a reputation for paying their employees well within the retail industry."
Yes, they do, and my rather feeble attempt at humor was probably better left unsaid. My apologies to Costco.
I'll be very thankful if and when the MFO community decisively designates some brokerage (any brokerage) as the absolute best outfit in the business. We can all transfer our accounts there, be happy, and never go through all of this again.
"Costco selling as much as $200 million in gold bars monthly"
I wonder if they have their "same-day" delivery service using their minimum wage delivery drivers for those?. And would you have to tip the delivery person in gold?
@catch22 - Hey there catch- I'll tell you true: Having almost fried myself a few times with the typical 400 to 800 volt DC vacuum tube power supplies I had absolutely no reservations about adapting to the 5 and 12 vdc solid state supplies. None at a…
"It’s been just fantastic watching the evolution of technology over my 78 years"
For sure. At around 10 yrs old I started getting interested in electronics... it was all vacuum tube technology then, of course. I learned all of the basics from the R…
The useful "shelf life" of any specific electronic/concept/hardware/software is relatively short. Just as the telephone eclipsed the telegraph, so much new stuff comes along so frequently and rapidly that it's foolish to regard any of this stuff as…
"In contrast, SUTXX was virtually 100% (99.61%) state tax exempt."
@msf - quite some time ago you pointed that out to me, and I changed our Schwab MMKT account to SUTXX. Thanks again for that suggestion. I have no idea how I would function financia…
This is really strange... I was a radio/communications tech for San Francisco Emergency Services, and for twenty years carried a $2000 high-end Motorola radio which allowed me access to a fantastic world of public safety information in real time.
A…
I'm similar to Tarwheel- about 50% CDs and 50% Treasuries out to 2028. I'm 85 (well, maybe 84.990632) so 2028 is about as far as I want to look. As far as rates, the CDs and Treasuries are pretty close. We still have a huge chunk in Schwab Treasury …
@Mark & @hank- thanks to both of you for that question and answer. I agree with everything that's been said up above me here. We do subscribe to Consumers’ Checkbook and it's pretty good, but as Observant1 mentions it's got limited area coverage…
@BaluBalu- thanks for the info. Re job experience vs learning, speaking for myself I was always learning something new, right to the very end. And I was regarded as "the guy who wrote the book" at our shop.
@BaluBalu- I'm a little confused by "if there is no fees being charged, then you know for sure it is a new issue", because I frequently buy secondary Treasury issues at Schwab which show "No Fee" on the trade ticket. That would seem to suggest diffe…
" We live in two totally different worlds."
"Tell me what you watch and I'll tell you how you feel on almost any hot topic"
"The country is divided... It's on purpose because it makes people money."
Indeed. There, my friends, is the story of our …
@BaluBalu- There's actually one more step to Mike's directions- as he said, go to Research - Bonds, CDs and Fixed Income, and then clicking on "Find Bonds & Fixed Income" takes you to a new "Find Bonds" page where you click "Bond Type" to selec…
Same here- going to move another 10% of Schwab SUTXX MMKT into 2 or 3 yr Treasuries- looking to get income spread to 50% MMKT / 50% fixed, out to 2028.
"the populations of the two states will accept any result/resolution other than the complete and total annihilation of the other"
@Mark - Well, I'm not at all certain about "the populations", but for sure there are a significant number of people in…
