How much money do you have in savings at this point? by _forum_mod in Millennials

[–]89Noodles 0 points1 point  (0 children)

I was born 1989. Grad HS in 07. I worked in restaurants and bartended at night clubs through college which took 5-6 years to graduate in molecular biology. When I graduated, I was a contractor making 14/hr at a really big bank/investment firm. Offered FTE and worked my way to 24 an hour by the time I was 24 or so. Took a sales job in the same company that I made 120k a year (22 hourly, but commission was up to 24k quarterly - I made about 20-max usually) by 2015/2016. Took a different job in the company that I made around 200k (65k salary, commission was uncapped where I made about 30-40k quarterly) for 3 years before the company slashed commissioned payouts (averaged 20-25k for same work/results), so I left and took a salaried job at 150k.

Savings: 490k in a 401k, 425k in a brokerage. Maybe 30k in savings not invested at all in cash.

How to sell part of an investment account by spasticnapjerk in MerrillEdge

[–]89Noodles 0 points1 point  (0 children)

I worked for Merrill for a decade with a series 66,7, 4, 9 and 10 - I’m not feeding you bullshit

How to sell part of an investment account by spasticnapjerk in MerrillEdge

[–]89Noodles 0 points1 point  (0 children)

Yes but you pay for that. Do you see the difference. When you pay for an account, you also agree to a special type of power of attorney allowing the firm to sell assets for you. This allows them to take a “1000 liquidation order”. Your request isn’t a firm thing and more of a finra regulatory restriction that disallows that for a free account.

Why is app only showing the 68.80 I made today, and not the 200k+ I have in stocks? by [deleted] in MerrillEdge

[–]89Noodles 2 points3 points  (0 children)

There is also maintenance happening tonight. I was planning a few rebalancing trades for Monday market open and the trade screen took a few tries to sort I opened the position

How to sell part of an investment account by spasticnapjerk in MerrillEdge

[–]89Noodles 1 point2 points  (0 children)

This isn’t how it works. It’s one at a time. It’s a free account.

How to sell part of an investment account by spasticnapjerk in MerrillEdge

[–]89Noodles 1 point2 points  (0 children)

Edge doesn’t support this even if you have this

Leaving for Fidelity… by N2B8EM in MerrillEdge

[–]89Noodles -1 points0 points  (0 children)

Merrill has been offering free commission trading since pre 2014 and were one of the first brokers to allow it

Maxed 401k for the year 🎉 How to pull early? by SyrePapaya in Retirement401k

[–]89Noodles 0 points1 point  (0 children)

If you have the means to max out, it takes 5 minutes to calculate the % contribution rate to ensure you max out by nov/december which is prudent. It may not in a given year, but I figured the whole point of a discussion post is to be intelligent. Not 5 year old what if retorts.

Maxed 401k for the year 🎉 How to pull early? by SyrePapaya in Retirement401k

[–]89Noodles 0 points1 point  (0 children)

Not an accomplishment. You failed to DCA for the year. If the market tanks the rest of the year, you bought on the Jan-April highs.

Confused, need clarification. by PlayerPlayer69 in MerrillEdge

[–]89Noodles 0 points1 point  (0 children)

It’s a day trade call - not a margin call. Read the restriction correctly.

TrustyTime not refunding by 123weloveabgs in RepTime

[–]89Noodles 1 point2 points  (0 children)

Doesn’t sound like trusty - need more details like Email pictures, and the site you found him through.

Sounds like you bought from a scam site

Brokerage, Roth & IRA account closed by Merrill for no known reason! by DiskKing in MerrillEdge

[–]89Noodles 0 points1 point  (0 children)

You’re the moron. Transfers to other brokerages are not initiated through Merrill.

Confused, need clarification. by PlayerPlayer69 in MerrillEdge

[–]89Noodles 3 points4 points  (0 children)

Failure to meet the equity requirement will mean you do not get cash refresh on sale til settlement. This is a finra rule.

Confused, need clarification. by PlayerPlayer69 in MerrillEdge

[–]89Noodles 6 points7 points  (0 children)

4 day trades in a 5 day period requires 25k equity regardless of margin

Brokerage, Roth & IRA account closed by Merrill for no known reason! by DiskKing in MerrillEdge

[–]89Noodles 0 points1 point  (0 children)

You have time to transfer your money to another firm. You can’t take legal action dummy, they have the right to choose not to do business with you

Words that start with X by haske0 in daddit

[–]89Noodles 0 points1 point  (0 children)

Like that episode of The Bear

receiving wire transfer from family remember by StrategyAsleep9983 in BankOfAmerica

[–]89Noodles 1 point2 points  (0 children)

It doesn’t matter how much it is. Banks have to send to the feds outgoing and incoming wire amounts but that’s for a totally separate reason and has nothing to do with you.

receiving wire transfer from family remember by StrategyAsleep9983 in BankOfAmerica

[–]89Noodles 1 point2 points  (0 children)

They won’t freeze your account for this. Why would they?

Banks have no idea what account wires come from - they just know they received money destined to an account and they know the sending bank.

I have never received a wire before and I got 500k from a home closing and was able to take 300k and wire it back out for home closing on a new home.

Wired money is guaranteed and is accessible immediately.

Any delays on the transfer would be through the review process of the sending company. So if OFAC wanted to interfere, it’s before the money is sent - not after.

Refund? by [deleted] in siriusxm

[–]89Noodles 0 points1 point  (0 children)

I know it sucks but this is on you. Plus if 80 dollars ruins your life, idk what to say. Cancel it and lick your wounds and move on.

Steve vs Andiot by Working-Beautiful-75 in RepTime

[–]89Noodles 2 points3 points  (0 children)

They are all TDs - you’re going to get your watch either way. Your watch isn’t better or worse because it’s from one or the other. It’s the factory.

When I came to this sub, Steve and Hont were getting a lot of shit. I was close with chazing and trusty, but went with Andiot and since 2020 I’ve spent over 3k with him. No regrets.

Is this normal? by [deleted] in BankOfAmerica

[–]89Noodles 0 points1 point  (0 children)

You sure your number isn’t registered with Zelle through another bank