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.
I'm 85, and have never voted for anyone other than the Democratic presidential candidate. For the first time in my life I would vote for someone other than Biden, specifically to protest his tolerance of the Gaza situation. Unfortunately, my only ot…
Being very hard of hearing I have to use Schwab's "Chat" option. Their Chat service reps are uniformly friendly and helpful, no matter which part of the US they answer from (so far that's been Texas, Colorado, and one other place back East that I ca…
Well, it's a pretty sure thing that Amazon boosts their price by at least 5% to cover the cost of the 5% that they "give" back if you use their card, and keep if you don't use their card. Somebody's got to pay for Jeff Bezos' new yacht, spaceships, …
OK, both Amazon and Chase keep track of your points. You can convert to cash at Chase, or use for additional "new" purchases at Amazon. But if you use them at Amazon, you don't get an additional 5% worth of points. Amazon obviously hopes that you'll…
FWIW, the Amazon Prime/Chase CC gets you 5% in points back on Amazon purchases, and 2% on many other non-Amazon purchases.
The points are redeemable at Amazon or for cash from Chase. I always take the cash at Chase and never redeem at Amazon becaus…
@MikeM - No warning, as I recall. I ran into that situation a couple of times when I had ordered a MMKT sale to cover a CD purchase, and got caught on the T+2 settlement date situation. I was charged only for the time between the CD purchase and th…
@MikeM- when you purchase without enough in cash to cover are you certain that Schwab isn't tacking on margin debits? That's happened to me, I believe.
Yes, that should work fine. But it also wouldn't hurt to diversify that IRA a bit by funding the MMKT with a reasonable amount. We use the SNSXX Treasury MMKT. Little point in having a MMKT acct with only $1.00 in it.
With respect to Schwab IRAs why not just transfer a small amount of whatever's there now to a new MMKT account within the IRA? In fact both of our IRAs consist, at the moment, of nothing but MMKT accounts currently paying about 5%. And of course tho…
@Derf- yes, one plumber sent a video snake through the under the house and we could clearly see the ragged edge of the defective pipe casting. I can't remember exactly, but it might have been in a cast iron fitting in the line rather that the pipe i…
@BaluBalu - I'm very doubtful that any HO policy would cover "routine" maintenance. Tree roots are always a potential problem with sewer lines. These days they can use very high pressure water hoses to cut the roots from inside the pipe, but those r…
Hey, don't knock the "thin stuff". Our century-old SF home has a somewhat marginal sewer system- one section of the original 4" cast-iron sewer line, buried under the cement basement, apparently has a casting defect which left a small protrusion on …
@Derf - going way back MFO even had a separate "Resource" section devoted to book recommendations available at Amazon. As far as I know there is no proscription to book or other media recommendations here, as long as there is no commercial relations…
@Junkster - We have a checking account through the Schwab Bank in addition to our brokerage trust and individual IRA accounts. Are there other checking options available at Schwab? Thanks- OJ
I have no idea regarding the comparison of the TD vs Schwab web platforms. Like most things of this nature there's likely both good and bad to be said of either.
But I'm not particularly sympathetic about the complaints of "a 23-year-old client" wh…
• 5/14/24: Justice Department: Boeing Violated Settlement Over 737 Max Problems
Following are short excerpts from a current New York Times Report:
The Department of Justice said on Tuesday that Boeing was in violation of a 2021 settlement relate…
@sma3- Great article- thanks. One thing puzzled me- it shows CA as being profitable for the past four years, yet the insurance companies are running away like a bunch of cockroaches. No info given on that.
