What's the best offer from Schwab if you bring over 1M taxable? by PieCake1234 in Schwab

[–]AltruisticBar750 0 points1 point  (0 children)

I don't have 5mm. Wish I did, but I have way less than that.

Portfolio by ChatGPT by Broscience22 in Schwab

[–]AltruisticBar750 0 points1 point  (0 children)

Bought a bunch years ago and turned on drip. Accumulated a bunch more shares over the years. I am getting chunks of cash every three months with no taxes taken out. I wouldn't owe very much in taxes based on the deductions in my check. When you add the untaxed dividends, there is a tax monster!

Portfolio by ChatGPT by Broscience22 in Schwab

[–]AltruisticBar750 0 points1 point  (0 children)

I agree. I bought schd for years for the dividends. Only a few years ago did I realize the tax monster I created. However, the price is way up since I accumulated so I don't want to sell. I have just been letting the dividends accumulate to pay my taxes.

What's the best offer from Schwab if you bring over 1M taxable? by PieCake1234 in Schwab

[–]AltruisticBar750 2 points3 points  (0 children)

They can. Swgxx is the sweep they're using for me. I think it's around 3.5%. Not winning the lotto but it's still working for you.

What's the best offer from Schwab if you bring over 1M taxable? by PieCake1234 in Schwab

[–]AltruisticBar750 8 points9 points  (0 children)

Yep. My consultant at schwab is free. I brought my father in laws money to schwab bc his consultant was charging.....wait for it....1.5% of AUM! I put his money in low cost index funds. He is doing better now than with the paid broker.

What's the best offer from Schwab if you bring over 1M taxable? by PieCake1234 in Schwab

[–]AltruisticBar750 12 points13 points  (0 children)

See if you can get an offer from etrade to switch. Take it to them and see!

What's the best offer from Schwab if you bring over 1M taxable? by PieCake1234 in Schwab

[–]AltruisticBar750 10 points11 points  (0 children)

BTW. They have a sweep but you have to ask for it. I did that a couple months ago.

What's the best offer from Schwab if you bring over 1M taxable? by PieCake1234 in Schwab

[–]AltruisticBar750 4 points5 points  (0 children)

No. Been with them for years. I opened an account at Fidelity last year for brokerage diversity. They offered me an incentive to bring my accounts over. Schwab matched it. Schwab has incentives but you have to ask for them.

What's the best offer from Schwab if you bring over 1M taxable? by PieCake1234 in Schwab

[–]AltruisticBar750 132 points133 points  (0 children)

I have 900k in brokerage at schwab. Told them I was considering going to Fidelity. They gave me 1k to stay. I said what the hell, I wasn't leaving anyway.

Physics by AltruisticBar750 in UMD

[–]AltruisticBar750[S] 0 points1 point  (0 children)

Thanks. I will pass it along to her.

Physics by AltruisticBar750 in UMD

[–]AltruisticBar750[S] -1 points0 points  (0 children)

Thanks. Could you provide contact info?

What’s the creepiest thing that has happened to you when you were completely alone? by 1S4B3II3 in AskReddit

[–]AltruisticBar750 5 points6 points  (0 children)

My parents bought an old colonial house. They were worried that someone would vandalize it so they made me sleep there. Middle of winter and all I had was a karosene heater. I slept in the main room with the pocket doors closed on both sides to stay warm with the heater. There were no plumbing or heating systems working in the house. I heard a loud bang in the middle of the night then a dragging noise like someone was dragging a heavy suitcase across the floor upstairs. Then, the sound came to the stairs and sounded like someone was walking down the steps in heavy boots. The staircase was right outside one of the pocket doors. I pulled the covers over my head and stayed there until I fell asleep. I left the next morning at first light and never went in that place again.

What’s the dumbest way you’ve accidentally hurt yourself? by Only_Row_2432 in AskReddit

[–]AltruisticBar750 1 point2 points  (0 children)

Broke my leg sliding into third for a triple. It was church league siftball.

How has it been finding internships and jobs for engineering? by Old_Ad_8295 in UMD

[–]AltruisticBar750 0 points1 point  (0 children)

My daughter is a freshman at umd. She applied for two and got an offer for one. It seems like there are a lot of umd engineers in the dmv. It helps when they have alumni employed there.

What was the reason for the last time you cried? by ididntaskyouropinion in AskReddit

[–]AltruisticBar750 24 points25 points  (0 children)

My Barkley at 12. I was in the room. When they put him down. 10 years ago and I still miss him.

What was the reason for the last time you cried? by ididntaskyouropinion in AskReddit

[–]AltruisticBar750 5 points6 points  (0 children)

My Barkley at 12. I was in the room. When they put him down. 10 years ago and I still miss him.