All things STOCKS

#17,304
#17,304
Go aeiou said:
Do you know if Interactive has the best rates for CDs?
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No idea. However their cash balance interest rates might be competitive with CDs. I think that Capital One has had good CD rates in the past. Treasury dot gov has the online option (with a very good rate) that is based on inflation. Limit is adding around $10k/year, but that becomes $100k/decade.

Short duration corporate bond funds (ETFs) are good options as well. iShares might have one of the bigger ones and it’s available through any broker.
 
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#17,305
#17,305
Go aeiou said:
Best online discount brokerage?
I currently use Vanguard. Would like to use a 2nd brokerage.
I do my on research. I trade stocks, buy CDs and Treasuries. No puts/calls.
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I'm a fan of Fidelity. I've had a taxable account there for 4ish years, with no issues and solid customer service.
 
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#17,311
#17,311
mrorange211 said:
Are you transferring any money into the account? One of the reasons you may wanna go RH are the incentives offered. You can trade via computer as well. All suggestions here are good though.
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Yeah, I started(with about 50 other people) a community Bank in 98, and I'm selling my stock to someone who is trying to own the bank by himself.
I need to look at what each one of these brokerages has to offer. Robinhood and Fidelity lok good at a quick glance.

I'm a former real estate developer, and I might buy some land. OTOH, prices seem very high right now, partially caused by Californians moving to TN and buying land that seems cheap to them. And it is cheaper than land in CA.
 
#17,313
#17,313
I haven’t revisited it lately, but E-trade isn’t very user friendly giving you a place to sweep uninvested cash at a competitive interest rate. I had to open a separate E-trade account for the uninvested cash to get around 4%. Otherwise they were only paying something like 0.01% in the uninvested cash sweep in the brokerage account.

They told me that there wasn’t a limit or delay to transfer between the two accounts, but I find it a PIA and it’s possibly set up that way to screw over inattentive investors. It might also be because E-trade isn’t a commercial bank while ET’s owner Morgan Stanley is or has a banking operation.
 
#17,316
#17,316
mrorange211 said:
Did you ever buy in UBER? I sold at $70 unfortunately, but my HIMS buy has worked out.
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I sold 2/7 and 2/14 UBER put options that I bought back 95% and 90% lower. Did the same with SMCI which I let expire worthless. In hindsight I should have instead bought the shares, but the put selling was profitable. I still want to own UBER and SMCI but they’ve run up too much to interest me right now. I want to hold UBER for the long term.

My shopping list is kind of vacant ATM. Maybe take a stab at some OXY shares. They fell today. I’m also being patient opening a position in ASML. I’m going to take a look at some private equity offerings, but I don’t know whether or not I want to get into something that illiquid.
 
#17,317
#17,317
05_never_again said:
Generally speaking, I don't think you short stocks in uptrends (on a daily chart). Unless you're day trading; even then, you've got to be super nimble and get out with tight stops if it moves against you.

I think you've got to be really careful about shorting any stock, even if it is in a downtrend, when the market overall is trending higher. It sounds obvious but it is true - most stocks are going up in that environment. Finding the one offs that are going down sounds unnecessarily difficult.
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I think shorting stocks is about as unnerving as it gets. And I say that as a guy that sells naked puts on margin.
 
#17,320
#17,320
Go aeiou said:
Best online discount brokerage?
I currently use Vanguard. Would like to use a 2nd brokerage.
I do my own research. I trade stocks, buy CDs and Treasuries. No puts/calls.
Click to expand...
Interactive Brokers is pretty good. I have a small account there and do some options stuff. I don't know about CDs and Treasuries. The support there is OK, but it is mostly chat based if you need anything. I have been buying T-bills thru Treasury Direct. (treasurydirect.gov) No fees there at all. Easy to set up an account there and work with your regular bank I use Schwab for my main trading account, but I get good service there because I am a high volume trader. But most of all, don't ever go near Ally. They SUCK bigly.
 
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#17,322
#17,322
Anyone use Webull or Tastytrade?
Webull is giving $3125 for a $250k new account.
Tasty trade is givng $2000 for $100k new account. Wife and I could each open 100k individual accounts and receive $4000.
Robinhood is offering 2% for a IRA transfer. (That doesn't sound right to me. I didn't think you could do that with retirement accounts. We have no earned income.)
 
#17,323
#17,323
Go aeiou said:
Anyone use Webull or Tastytrade?
Webull is giving $3125 for a $250k new account.
Tasty trade is givng $2000 for $100k new account. Wife and I could each open 100k individual accounts and receive $4000.
Robinhood is offering 2% for a IRA transfer. (That doesn't sound right to me. I didn't think you could do that with retirement accounts. We have no earned income.)
Click to expand...

The RobinHood payment is an incentive rather than a contribution. So it should be fine. Kind of like offering a higher introductory interest rate to transfer an account. They’re also advertising it for IRAs.

WeBull and Tastytrade could have technical issues when attempting to login during huge news events. The Schwabs, Fidelities, and E-trades are better capitalized as businesses and have had experience avoiding crashes.
 
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