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Thread: Official Investing Thread

                  
   
  1. #78
    Administrator SportsFromA2's Avatar
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    Oh yeah, fwiw, I went to the Briarwood Schwab office shortly after it was discussed in this thread, and what they do is physically accept checks at the local A2 office, but nothing is actually processed here... They have a daily overnight to some central office and they add the checks in with that, and that's where the actual processing is done.

    so it's not a bank branch (no dealing with cash) or anything like that, just gives a quicker option to "deposit" checks..

    but access to cash isn't an issue at all, since all ATM's are free (all charged fees are automatically reimbursed @ monthly billing cycle end).. Just depositing cash is a problem with that setup

  2. #79
    All-Inferno pGekko's Avatar
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    Who deposits cash in the first place, other than criminals? I think I'm going to move all of my banking/investing to schwab.
    "The wise win before they fight, while the ignorant fight to win."

    Sun-Tzu - The Art of Beef

  3. #80
    Administrator SportsFromA2's Avatar
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    Quote Originally Posted by gordongekko View Post
    Who deposits cash in the first place, other than criminals? I think I'm going to move all of my banking/investing to schwab.
    when my sister moved back from Boise last month, she sold a ****load of her stuff so she didn't have to move it (first time she had to move herself / the company wasn't paying for it), and she had a lot more cash than she wanted to carry though the airport.... Ended up just buying a money order to herself for a $1 or so and "deposited" that at her local Schwab office.. Not a bad option if you ever have to do it

  4. #81
    All-Inferno pGekko's Avatar
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    Yea, I'm sure you can get around the random occasion where you have significant cash you need to deposit.
    "The wise win before they fight, while the ignorant fight to win."

    Sun-Tzu - The Art of Beef

  5. #82
    Administrator SportsFromA2's Avatar
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    fwiw, Schwab Bank's rate table:

    https://online.schwabbank.com/rateTable.do

  6. #83
    All-Inferno pGekko's Avatar
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    Quote Originally Posted by SportsFromA2 View Post
    fwiw, Schwab Bank's rate table:

    https://online.schwabbank.com/rateTable.do
    That's so depressing I can't articulate further.
    "The wise win before they fight, while the ignorant fight to win."

    Sun-Tzu - The Art of Beef

  7. #84
    Administrator SportsFromA2's Avatar
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    Quote Originally Posted by gordongekko View Post
    That's so depressing I can't articulate further.
    lockstep

    Ford Interest Advantage FTW I guess... I've been with them for close to a decade now (had a gap of about a year or two around 2008 without one)
    Last edited by SportsFromA2; 06-19-2011 at 12:01 AM.

  8. #85
    All-Inferno pGekko's Avatar
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    Quote Originally Posted by SportsFromA2 View Post
    lockstep

    Ford Interest Advantage FTW I guess.
    Right. I plan on keeping liquid emergency in that pig account, but I just meant in general that's really depressing. Nothing to do with Schwab really.
    "The wise win before they fight, while the ignorant fight to win."

    Sun-Tzu - The Art of Beef

  9. #86
    All-Inferno pGekko's Avatar
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    I think it's about time to buy Ford btw.
    "The wise win before they fight, while the ignorant fight to win."

    Sun-Tzu - The Art of Beef

  10. #87
    Administrator SportsFromA2's Avatar
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    Quote Originally Posted by gordongekko View Post
    I think it's about time to buy Ford btw.
    seems like it's been on one heck of a plateau for some time now...

    do you have simple explanation for the difference between "Regular" stock and "preferred" stock? I think the symbol for Ford's PS is F-PS but I don't understand the differences between the two

  11. #88
    All-Inferno pGekko's Avatar
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    Just a hunch.
    "The wise win before they fight, while the ignorant fight to win."

    Sun-Tzu - The Art of Beef

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