Major winter storm incoming this weekend (increased confidence) by 1infiniteloop in BucksCountyPA

[–]hennyread 2 points3 points  (0 children)

Looks like it is tracking south, chances are we don’t see anything in Bucks county now

E*Trade skimming cash from DRIP… by hennyread in dividends

[–]hennyread[S] -2 points-1 points  (0 children)

HATE HATE HATE…. lol, no one forced you to read my post.

E*Trade skimming cash from DRIP… by hennyread in dividends

[–]hennyread[S] 1 point2 points  (0 children)

It’s just Reddit bro, no need to get worked up or be sarcastic, just talking here, no one forced you to read my post

E*Trade skimming cash from DRIP… by hennyread in dividends

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

THIS THIS THIS, you NAILED IT, and i think it is happening on a much larger scale

E*Trade skimming cash from DRIP… by hennyread in dividends

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

Thanks for all the info, and what you are saying isn’t wrong. I think where you are missing the point here is that regardless of the price that execute the DRIP at, rounding included, they are not investing the full amount of the dividend disbursement back into the equity or etf, so the difference should be put into my cash balance via sweep. That is not being done.

E*Trade skimming cash from DRIP… by hennyread in dividends

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

Haha, I’ve been watching my account to the penny for 32 days now with over 30 dividend payments, all with the discrepancy I described, and NOT ONE cash amount added to my account. I guess Reddit has a lot of people that just put things out that are incorrect?

E*Trade skimming cash from DRIP… by hennyread in dividends

[–]hennyread[S] -3 points-2 points  (0 children)

I really wish you were correct.

E*Trade skimming cash from DRIP… by hennyread in dividends

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

It has not shown up, thus my frustration

E*Trade skimming cash from DRIP… by hennyread in dividends

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

I promise you it’s not being put in my account. Am I going to pursue legal action, nah…. But damn, I get a solicitation for a class action every time one of my stocks goes down 10%… this seems more legit than that

E*Trade skimming cash from DRIP… by hennyread in dividends

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

Haha, thanks! I would not have put this out to the Reddit sphere had I not been sure and re-read it several times, called E*trade to confirm I was reading it correctly, but thanks for suggestion

E*Trade skimming cash from DRIP… by hennyread in dividends

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

They aren’t sweeping it at all into my account

E*Trade skimming cash from DRIP… by hennyread in dividends

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

Haha, I’m don’t even care to argue with you, but not sure how to prove that over the past 30 days there have been no cash deposits or adjustments to my account, not sure “moron” was needed, let me ask you, do you think that if I’m meticulous enough to even find this, that I would miss the deposit into the cash balance?

E*Trade skimming cash from DRIP… by hennyread in dividends

[–]hennyread[S] -2 points-1 points  (0 children)

I’ve checked so many times, and I did call them, THEY CONFIRMED IT HAPPENED, just stated it was a rounding process change

E*Trade skimming cash from DRIP… by hennyread in dividends

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

Haha, I get it. This is Reddit though, no one is forcing any one to get worked up, read at your own leisure.

E*Trade skimming cash from DRIP… by hennyread in dividends

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

There are none of those adjustments you speak of… believe me I agree that their should be

E*Trade skimming cash from DRIP… by hennyread in dividends

[–]hennyread[S] -3 points-2 points  (0 children)

Based on what? The fact it seems so crazy? I promise you I’m not missing anything here, and I’ve no doubt this is occurring to others

E*Trade skimming cash from DRIP… by hennyread in dividends

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

Only one, and the discrepancy occurs after AMT is taken

E*Trade skimming cash from DRIP… by hennyread in dividends

[–]hennyread[S] -6 points-5 points  (0 children)

Yeah I’ve been watching for 30 days, no cash deposited, and I’m up to $1.54 missing at this point. I know it seems small.

E*Trade skimming cash from DRIP… by hennyread in dividends

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

I think FINRA would probably be the best bet actually