Stock Thread (55 Viewers)

[Irish3]

Best recommendation for high interest savings account?

 

[Nugget]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

 

[Irish3]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

 

[McBokonon]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

 

[FreeBaGeL]

Fidelity automatically puts your unused brokerage cash into a money market account I believe.

 

[Irish3]

Fidelity automatically puts your unused brokerage cash into a money market account I believe.

Didn't know that it see that.

 

[Irish3]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

Is buying into this like buying a stock and how long would I hold it?

 

[Nugget]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

Is buying into this like buying a stock and how long would I hold it?

My son has SPAXX as his default for his young investor account. You can hold it as long as you like, and I think you can transfer out directly. With my Schwab account I need to sell and then wait two days to transfer. Share are always priced at $1.00. No cap gains, but you will be taxed each year on the dividends.

 

[Irish3]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

How do these compare to high interest savings accounts? Which is better to put my cash in?

 

[The Man With No Name]

Anyone have GigaCloud Technology?
I have 120 shares and am up 160%. No plan to sell anytime soon.

 

[SFBayDuck]

Best recommendation for high interest savings account?

@gianmarco , do you have any thoughts on the topic?

 

[stbugs]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

How do these compare to high interest savings accounts? Which is better to put my cash in?

There is a personal finance topic that has a bunch on this. Many of us that use Fidelity just park it in one of those two funds. They both pay 5% which is very close to the high interest savings but there are no limits and it’s easy. Just make sure that the “cash” part of your account is one of those two and you do nothing else. It sweeps in any stock you sell or deposit you make right into that cash fund and if you buy a stock or pay a bill or whatever, it automatically comes right out.

I see no point to not just use that because there are no limits, there is no locking like a CD (usually have limits too for highest rate), you do no maintenance and it’s your “cash” instantly available for paying/purchasing.

 

[Bogart]

Best recommendation for high interest savings account?

I currently am using Weathfront and M1 for HYSAs, and both are getting 5% right now (M1 you do pay a yearly fee to get that rate along with other perks) and I have been happy with both.

Doctor Of Credit always seems to have a good list of those pushing to the highest rates (some with hoops to jump through)
https://www.doctorofcredit.com/high-interest-savings-to-get/

 

[JAA]

Hello again - market is starting to turn to the green.

Ive made some small moves in the last 12 months, yet I just checked and Im up 20% YTD. Since #diamondhands Im still down ~50% overall. However, this year has been good and Im optimistic the trend will continue. My hope is in the Q2 the feds start dropping rates to help the housing market.

/speculator

 

[Irish3]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

How do these compare to high interest savings accounts? Which is better to put my cash in?

There is a personal finance topic that has a bunch on this. Many of us that use Fidelity just park it in one of those two funds. They both pay 5% which is very close to the high interest savings but there are no limits and it’s easy. Just make sure that the “cash” part of your account is one of those two and you do nothing else. It sweeps in any stock you sell or deposit you make right into that cash fund and if you buy a stock or pay a bill or whatever, it automatically comes right out.

I see no point to not just use that because there are no limits, there is no locking like a CD (usually have limits too for highest rate), you do no maintenance and it’s your “cash” instantly available for paying/purchasing.

Thank you! Great info. I would've been buying into these within an account where I have many other stocks purchased. I guess I shouldn't do that based on what you said? I have to open a separate account?

 

[stbugs]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

How do these compare to high interest savings accounts? Which is better to put my cash in?

There is a personal finance topic that has a bunch on this. Many of us that use Fidelity just park it in one of those two funds. They both pay 5% which is very close to the high interest savings but there are no limits and it’s easy. Just make sure that the “cash” part of your account is one of those two and you do nothing else. It sweeps in any stock you sell or deposit you make right into that cash fund and if you buy a stock or pay a bill or whatever, it automatically comes right out.

I see no point to not just use that because there are no limits, there is no locking like a CD (usually have limits too for highest rate), you do no maintenance and it’s your “cash” instantly available for paying/purchasing.

Thank you! Great info. I would've been buying into these within an account where I have many other stocks purchased. I guess I shouldn't do that based on what you said? I have to open a separate account?

No need to open an account. I don’t want to be Fidelity’s help line here but in the brokerage account where you buy stock you have to just set the cash core account (some name like that) to be one of those two funds (only 1 may be available) and that’s it. It’s just like before except they sweep/pull out of those funds as if it were cash in the account at a 5% rate instead of their cash option which is somewhere around 2%.

Don’t mean to be a **** but for further questions just go to Fidelity’s web site or call their support number. I’m sure they have it all explained.

 

[Irish3]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

How do these compare to high interest savings accounts? Which is better to put my cash in?

There is a personal finance topic that has a bunch on this. Many of us that use Fidelity just park it in one of those two funds. They both pay 5% which is very close to the high interest savings but there are no limits and it’s easy. Just make sure that the “cash” part of your account is one of those two and you do nothing else. It sweeps in any stock you sell or deposit you make right into that cash fund and if you buy a stock or pay a bill or whatever, it automatically comes right out.

I see no point to not just use that because there are no limits, there is no locking like a CD (usually have limits too for highest rate), you do no maintenance and it’s your “cash” instantly available for paying/purchasing.

Thank you! Great info. I would've been buying into these within an account where I have many other stocks purchased. I guess I shouldn't do that based on what you said? I have to open a separate account?

No need to open an account. I don’t want to be Fidelity’s help line here but in the brokerage account where you buy stock you have to just set the cash core account (some name like that) to be one of those two funds (only 1 may be available) and that’s it. It’s just like before except they sweep/pull out of those funds as if it were cash in the account at a 5% rate instead of their cash option which is somewhere around 2%.

Don’t mean to be a **** but for further questions just go to Fidelity’s web site or call their support number. I’m sure they have it all explained.

Appreciate you providing the info that you have. Thx.

 

[Buckna]

UWMC closing back in on $6 range again

 

[eoMMan]

I need a stock suggestion. Looking for something that could 3x within a year or straight fall on its face and be worth next to nothing.
Any suggestions?

 

[⚡DEADHEAD⚡]

I need a stock suggestion. Looking for something that could 3x within a year or straight fall on its face and be worth next to nothing.
Any suggestions?

Palantir

 

[Nugget]

I need a stock suggestion. Looking for something that could 3x within a year or straight fall on its face and be worth next to nothing.
Any suggestions?

YINN

 

[Peggy]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

How do these compare to high interest savings accounts? Which is better to put my cash in?

There is a personal finance topic that has a bunch on this. Many of us that use Fidelity just park it in one of those two funds. They both pay 5% which is very close to the high interest savings but there are no limits and it’s easy. Just make sure that the “cash” part of your account is one of those two and you do nothing else. It sweeps in any stock you sell or deposit you make right into that cash fund and if you buy a stock or pay a bill or whatever, it automatically comes right out.

I see no point to not just use that because there are no limits, there is no locking like a CD (usually have limits too for highest rate), you do no maintenance and it’s your “cash” instantly available for paying/purchasing.

Thank you! Great info. I would've been buying into these within an account where I have many other stocks purchased. I guess I shouldn't do that based on what you said? I have to open a separate account?

No need to open an account. I don’t want to be Fidelity’s help line here but in the brokerage account where you buy stock you have to just set the cash core account (some name like that) to be one of those two funds (only 1 may be available) and that’s it. It’s just like before except they sweep/pull out of those funds as if it were cash in the account at a 5% rate instead of their cash option which is somewhere around 2%.

Don’t mean to be a **** but for further questions just go to Fidelity’s web site or call their support number. I’m sure they have it all explained.

Appreciate you providing the info that you have. Thx.

Just click on your cash position in your account and I bet you find it's already in SPAXX or FDRXX. I didnt have to buy into or set anything.

Its Fidelity 's default cash account. I wish all investment firms did this. It doesnt matter when interest rates are zero, but, it sure has mattered lately.

 

[Irish3]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

How do these compare to high interest savings accounts? Which is better to put my cash in?

There is a personal finance topic that has a bunch on this. Many of us that use Fidelity just park it in one of those two funds. They both pay 5% which is very close to the high interest savings but there are no limits and it’s easy. Just make sure that the “cash” part of your account is one of those two and you do nothing else. It sweeps in any stock you sell or deposit you make right into that cash fund and if you buy a stock or pay a bill or whatever, it automatically comes right out.

I see no point to not just use that because there are no limits, there is no locking like a CD (usually have limits too for highest rate), you do no maintenance and it’s your “cash” instantly available for paying/purchasing.

Thank you! Great info. I would've been buying into these within an account where I have many other stocks purchased. I guess I shouldn't do that based on what you said? I have to open a separate account?

No need to open an account. I don’t want to be Fidelity’s help line here but in the brokerage account where you buy stock you have to just set the cash core account (some name like that) to be one of those two funds (only 1 may be available) and that’s it. It’s just like before except they sweep/pull out of those funds as if it were cash in the account at a 5% rate instead of their cash option which is somewhere around 2%.

Don’t mean to be a **** but for further questions just go to Fidelity’s web site or call their support number. I’m sure they have it all explained.

Appreciate you providing the info that you have. Thx.

Just click on your cash position in your account and I bet you find it's already in SPAXX or FDRXX. I didnt have to buy into or set anything.

Its Fidelity 's default cash account. I wish all investment firms did this. It doesnt matter when interest rates are zero, but, it sure has mattered lately.

Thank you for trying to help. I've clicked on the cash and can't see that it's in anything. I'll have to look into this more.

 

[jwb]

I need a stock suggestion. Looking for something that could 3x within a year or straight fall on its face and be worth next to nothing.
Any suggestions?

Palantir

This is a good answer. I was in pretty early, sold it at a solid profit, and got back in around $17 in Oct. I was disappointed in how fast it retreated from that recent bump, though. My hope is this becomes a monster in the AI world, but it could easily go back to $7 too. Part of me wants to halve my position until I see more/better movement. I'll probably hang in there for awhile longer though.

 

[Dr. Octopus]

I need a stock suggestion. Looking for something that could 3x within a year or straight fall on its face and be worth next to nothing.
Any suggestions?

Which part is more important to you?

 

[eoMMan]

I need a stock suggestion. Looking for something that could 3x within a year or straight fall on its face and be worth next to nothing.
Any suggestions?

Which part is more important to you?

The part about it tripling in value is most important, haha

 

[Dr. Octopus]

I need a stock suggestion. Looking for something that could 3x within a year or straight fall on its face and be worth next to nothing.
Any suggestions?

Which part is more important to you?

The part about it tripling in value is most important, haha

the other part doesn't seem worth mentioning.

 

[urbanhack]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

How do these compare to high interest savings accounts? Which is better to put my cash in?

There is a personal finance topic that has a bunch on this. Many of us that use Fidelity just park it in one of those two funds. They both pay 5% which is very close to the high interest savings but there are no limits and it’s easy. Just make sure that the “cash” part of your account is one of those two and you do nothing else. It sweeps in any stock you sell or deposit you make right into that cash fund and if you buy a stock or pay a bill or whatever, it automatically comes right out.

I see no point to not just use that because there are no limits, there is no locking like a CD (usually have limits too for highest rate), you do no maintenance and it’s your “cash” instantly available for paying/purchasing.

Thank you! Great info. I would've been buying into these within an account where I have many other stocks purchased. I guess I shouldn't do that based on what you said? I have to open a separate account?

No need to open an account. I don’t want to be Fidelity’s help line here but in the brokerage account where you buy stock you have to just set the cash core account (some name like that) to be one of those two funds (only 1 may be available) and that’s it. It’s just like before except they sweep/pull out of those funds as if it were cash in the account at a 5% rate instead of their cash option which is somewhere around 2%.

Don’t mean to be a **** but for further questions just go to Fidelity’s web site or call their support number. I’m sure they have it all explained.

Appreciate you providing the info that you have. Thx.

Just click on your cash position in your account and I bet you find it's already in SPAXX or FDRXX. I didnt have to buy into or set anything.

Its Fidelity 's default cash account. I wish all investment firms did this. It doesnt matter when interest rates are zero, but, it sure has mattered lately.

Thank you for trying to help. I've clicked on the cash and can't see that it's in anything. I'll have to look into this more.

https://iili.io/JuC54pe.png

this is what shows up when I click on my cash. It defaults to Spaxxx or maybe I chose it as my default position.

 

[Peggy]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

How do these compare to high interest savings accounts? Which is better to put my cash in?

There is a personal finance topic that has a bunch on this. Many of us that use Fidelity just park it in one of those two funds. They both pay 5% which is very close to the high interest savings but there are no limits and it’s easy. Just make sure that the “cash” part of your account is one of those two and you do nothing else. It sweeps in any stock you sell or deposit you make right into that cash fund and if you buy a stock or pay a bill or whatever, it automatically comes right out.

I see no point to not just use that because there are no limits, there is no locking like a CD (usually have limits too for highest rate), you do no maintenance and it’s your “cash” instantly available for paying/purchasing.

Thank you! Great info. I would've been buying into these within an account where I have many other stocks purchased. I guess I shouldn't do that based on what you said? I have to open a separate account?

No need to open an account. I don’t want to be Fidelity’s help line here but in the brokerage account where you buy stock you have to just set the cash core account (some name like that) to be one of those two funds (only 1 may be available) and that’s it. It’s just like before except they sweep/pull out of those funds as if it were cash in the account at a 5% rate instead of their cash option which is somewhere around 2%.

Don’t mean to be a **** but for further questions just go to Fidelity’s web site or call their support number. I’m sure they have it all explained.

Appreciate you providing the info that you have. Thx.

Just click on your cash position in your account and I bet you find it's already in SPAXX or FDRXX. I didnt have to buy into or set anything.

Its Fidelity 's default cash account. I wish all investment firms did this. It doesnt matter when interest rates are zero, but, it sure has mattered lately.

Thank you for trying to help. I've clicked on the cash and can't see that it's in anything. I'll have to look into this more.

https://iili.io/JuC54pe.png

this is what shows up when I click on my cash. It defaults to Spaxxx or maybe I chose it as my default position.

Right. I never had to choose it. Pretty sure it's the default.

 

[Dr. Octopus]

Best recommendation for high interest savings account?

If you have a brokerage account, I would look at money market funds. I use my Schwab account and SWVXX. VMFXX is another good option at Vanguard. I used a HYSA at Ally and some no penalty CDs earlier this year. I will sell the CDs in January and move the cash to SWVXX.

Thank you, I have fidelity.

SPAXX or FDRXX

How do these compare to high interest savings accounts? Which is better to put my cash in?

There is a personal finance topic that has a bunch on this. Many of us that use Fidelity just park it in one of those two funds. They both pay 5% which is very close to the high interest savings but there are no limits and it’s easy. Just make sure that the “cash” part of your account is one of those two and you do nothing else. It sweeps in any stock you sell or deposit you make right into that cash fund and if you buy a stock or pay a bill or whatever, it automatically comes right out.

I see no point to not just use that because there are no limits, there is no locking like a CD (usually have limits too for highest rate), you do no maintenance and it’s your “cash” instantly available for paying/purchasing.

Thank you! Great info. I would've been buying into these within an account where I have many other stocks purchased. I guess I shouldn't do that based on what you said? I have to open a separate account?

No need to open an account. I don’t want to be Fidelity’s help line here but in the brokerage account where you buy stock you have to just set the cash core account (some name like that) to be one of those two funds (only 1 may be available) and that’s it. It’s just like before except they sweep/pull out of those funds as if it were cash in the account at a 5% rate instead of their cash option which is somewhere around 2%.

Don’t mean to be a **** but for further questions just go to Fidelity’s web site or call their support number. I’m sure they have it all explained.

Appreciate you providing the info that you have. Thx.

Just click on your cash position in your account and I bet you find it's already in SPAXX or FDRXX. I didnt have to buy into or set anything.

Its Fidelity 's default cash account. I wish all investment firms did this. It doesnt matter when interest rates are zero, but, it sure has mattered lately.

Thank you for trying to help. I've clicked on the cash and can't see that it's in anything. I'll have to look into this more.

If you click on Cash (Held in Money Market) you'll see all cash is placed in SPAXX (Fidelity Gov Money Market).

 

[General Malaise]

VRTX!!!

 

[JB Breakfast Club]

Stocks can go UP when the Fed talks? Oh my!

 

[General Malaise]

TURN THE MACHINES OFF!!!!!

 

[General Malaise]

VRTX!!!

+$46 today. My goodness.

 

[kevzilla]

Google, HELLO

AMD holder says "thank you".

AFMJF holder says "Whew!"

 

[ChiefD]

VRTX!!!

+$46 today. My goodness.

Good reason why too. Trials look good for a non-opioid pain killer.

 

[General Malaise]

VRTX!!!

+$46 today. My goodness.

Good reason why too. Trials look good for a non-opioid pain killer.

What the world desperately needs....

 

[Sand]

UWMC, how you doin'?

 

[Buckna]

UWMC, how you doin'?

Day 2!

 

[kevzilla]

Have yourself a day, BX

 

[FreeBaGeL]

My plan for today was to go hard into quality high-ish dividend stocks. I feel like everyone is going to start funneling that HYSA money into similar paying dividend stocks before HYSA rates start dropping when the fed cuts (which I think will take much longer than people anticipate, but I think everyone is going to try and get out ahead of it).

My targets were O, SCHD, UWMC, BAC, USB. But they're all already up pretty big, pretty fast. I own reasonable positions in all of them in my main account but I was going to pile in in my trading account with calls, etc. Bummer I was too busy to get started on it yesterday

 

[⚡DEADHEAD⚡]

Exelon down nearly 10% today. Looks like a good buying opportunity. Any insight here? Decent dividend at 3.8%.

 

[FreeBaGeL]

Exelon down nearly 10% today. Looks like a good buying opportunity. Any insight here? Decent dividend at 3.8%.

Todem will be able to comment on it much better, but it's kind of been a dog relative to other energy stocks ever since the CEG spinoff. The CEG spinoff was great and has way more than made up for it if you held it back then, but obviously that is long gone if buying now.

 

[shahekee]

New to this arena, long time FBG, but been away from the forums for years. What do people think about Oracle? Took a big hit early in the week, but seems like a good longer term play? If you were going to get in, how low would you let it go?

 

[⚡DEADHEAD⚡]

Exelon down nearly 10% today. Looks like a good buying opportunity. Any insight here? Decent dividend at 3.8%.

Todem will be able to comment on it much better, but it's kind of been a dog relative to other energy stocks ever since the CEG spinoff. The CEG spinoff was great and has way more than made up for it if you held it back then, but obviously that is long gone if buying now.

Yes, I did. Bought it maybe two or three years ago. Have done very well with it obviously. And I put in a decent amount of $.

 

[Todem]

Exelon down nearly 10% today. Looks like a good buying opportunity. Any insight here? Decent dividend at 3.8%.

Strong buy.

Stable utility business is still standing after the CEG spinoff.

Take advantage of the sale today.

 

[Desert_Power]

Stonks going up is good actually.

 

[⚡DEADHEAD⚡]

Exelon down nearly 10% today. Looks like a good buying opportunity. Any insight here? Decent dividend at 3.8%.

Strong buy.

Stable utility business is still standing after the CEG spinoff.

Take advantage of the sale today.

Done. Thanks Todem.

 

[McBokonon]

I don't get the love for PFE - it's been kind of a mediocre performer for awhile. If I was closer to retirement, maybe I'd get it for the dividend income, but otherwise - meh.

Was just curious. When I posted this 3 1/2 years ago, $PFE closed that day at $33.64. Today it closed at $26.13. Sometimes good companies stop being good.

 

[Sand]

I don't get the love for PFE - it's been kind of a mediocre performer for awhile. If I was closer to retirement, maybe I'd get it for the dividend income, but otherwise - meh.

Was just curious. When I posted this 3 1/2 years ago, $PFE closed that day at $33.64. Today it closed at $26.13. Sometimes good companies stop being good.

I'd argue that PFE has never been good to investors. 1996 is past the statute of limitations for "good".