Also, I believe Vanguard pays the higher mmkt int rate above Schwab and Fidelity.
Stock Advice Thread
- Thread starter dgtatu01
- Start date
Fidelity MM (SPRXX) 7-day yield = 4.34%
Vanguard MM (VMRXX) 7-day yield = 4.53%
Vanguard MM (VMRXX) 7-day yield = 4.53%
Have money in both since each can be used as a settlement fund.
I went went with Vanguard for my IRA switch, wife still in Ameritrade, Fidelity on my brain if they ignore her like they did me about a small issue.
Added to PXD and USB. Bought ENPH in a new position with some of the money raised this week. Very small investments frankly with room to buy more.
I got a little PXD as well ... seems a good price, and of course the dividend, though, will have to see if it holds in a recessionary environment. I previously have some ENPH at 196.
I have some OXY, PBF, CEIX, and ENPH. These warm temps have slowed down energy stocks, but they’ll eventually come back. I’m mainly glad we’re currently 75% in Money market funds or Cash. Uncertainty has gotten even more uncertain lately!
TD Ameritrade users. If you have not logged in over the past few days you may see message below:
"Your account ending in XXXX moves to Schwab the weekend of May 26!"
New interface also looks good.
"Your account ending in XXXX moves to Schwab the weekend of May 26!"
New interface also looks good.
Just read that accounts won't be available May 26-30 which is a holiday weekend. Friday 8:30 PM to Tuesday 5:00 AM.
I use Schwab. Is your new Schwab interface their current one already, so you know? My biggest issue is that their monthly summaries are slow to come out, 3+ days normally. Fidelity much faster. I do like their daily Summary charts.
I took those figures directly from my accounts.
Hearing Powell might still raise rates 50 bps. Others on Wall Street say no.
Stay tuned.
I also hold a Schwab account (Roth IRA). Have not logged-in since a couple weeks. I'll get back with you on that. As I remember, yes, Schwab web interface changed.
The market has continued reversing course with the regional and European bank contagion and now has 25bps priced in. Others think he's done raising rates. Rent and home prices might be the only inflation outlier left. We'll know for sure on Wednesday.
Federal Reserve raises interest rates 0.25% to highest since 2007 amid bank crisis
The Federal Reserve raised interest rates by another 0.25% on Wednesday as the central bank works to bring down elevated inflation while also grappling with the fallout from a global banking crisis and resulting market shocks.
Going to stay cautious, James, or tee it high and let it fly?
Federal Reserve raises interest rates 0.25% to highest since 2007 amid bank crisis
The Federal Reserve raised interest rates by another 0.25% on Wednesday as the central bank works to bring down elevated inflation while also grappling with the fallout from a global banking crisis and resulting market shocks.finance.yahoo.com
DB required public support from German chancellor. Meh, could get worse. EBKDY hanging on.
Banking industry meltdowns not for weak stomachs.
Banking industry meltdowns not for weak stomachs.
I’m nibbling at my tech holdings this week-NVDA, ASML, AMD
Added SCHW in my taxable account after the downgrade and already down 36% this year.
The bear market has most likely ended.
Using some technical analysis that has been mostly reliable at identifying bottoms in bear markets the current bear market bottomed out on Oct 22, 2022 when the S&P Index ETF (SPY) hit an intraday low of 345.2 . The FANG stock are already starting to trend up. The ride may be bumpy yet but IMO the worst is over.
Using some technical analysis that has been mostly reliable at identifying bottoms in bear markets the current bear market bottomed out on Oct 22, 2022 when the S&P Index ETF (SPY) hit an intraday low of 345.2 . The FANG stock are already starting to trend up. The ride may be bumpy yet but IMO the worst is over.
There are still fed governors talking a 6% fed funds rate. If the fed continues on its previous course to eliminate jobs, wreck the economy and the inflation that goes along with it, that might the last thing to upset the apple cart at this point.
Respectfully disagree. S&P earnings will probably be 2.00 EPS in 2023 and 1.90 in 2024. S&P is trading at about a 18x PE multiple now.
Could be, but the counter argument would be that the earnings numbers are already baked into the cake. Also, note I didn't say the market wouldn't have downturns, as I said the ride may be bumpy but the technical indicators point back to October as the bear market low.
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The bulls have had a mild push recently but I think everyone is nervous about the debt ceiling situation.
Yes, need to get this week over for sure! Then, who knows?
Too many gutless cowards in Washington for the debt ceiling issue to linger for too long. I was already buying and would double down in that scenario.
<- - - optimist here.
Congress will hammer out an 11th-hour deal.
Congress will hammer out an 11th-hour deal.
People have been quite reasonably predicting this since Marchish 2020 and it has yet to manifest. At some point there has to be an acceptance of a new normal.
The Fed started a rapid hiking campaign less than a year ago and the yield curve has inverted. That almost always signals a recession. It could be different this time. We will see.
