Questions tagged [schwab]
20 questions
9
votes
3 answers
How does Schwab compare to the more modern online brokers like E*Trade?
I started using Schwab because a girl I was dating at the time used them. That was 15 years ago, and I've never thought much about it. I'm highly illiterate (financially) and have mostly left my $50,000 -- $100,000 in low-return instruments.
My…
Fixee
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Can I open an investment account in the United States as a Green Card holder?
Can a green card holder open a Schwab investment account as a normal US citizen would, or most they open an International account? Funds to use would all be coming from a US bank and not overseas.
Erik
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4
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1 answer
Why does Charles Schwab require a large minimum deposit to open an international brokerage account?
Charles Schwab is demanding US $25,000 for opening an international individual broker account which is I guess free for the US citizens.
Why does Charles Schwab charge such a huge amount for international clients?
The following are the conditions…
Deepak Tatyaji Ahire
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3
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1 answer
Comparing ETFs following the same index
If I want to choose between two ETFs of different issuers following the same index, what are the factors should I consider?
For example I want to decide between SCHD of Schwab and Vanguard High dividend yield. One thing is the expense ratio.…
The Strong Programmer
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3
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Is there any reason not to have my employer direct deposit to my brokerage account?
My employer deposits my check using direct deposit, into my checking account. I'd like to have the money deposited the same way into my Schwab brokerage account instead. I've found my account and routing numbers for Schwab. Are there any rules…
Ken - Enough about Monica
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Schwab wants to charge me interest on the money I received for selling TSLA short
Has anyone ever heard of a company charging you interest on short position? Should I try and open an account somewhere else if I want to short TSLA? This will cost me about $13 a day.
I was called today and was told that because I shorted TSLA and…
Mark Monforti
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2
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2 answers
Why wouldn't a broker let a retail investor choose the order type when purchasing Treasury bills via auctions?
When purchasing US Treasury bills via auctions with Charles Schwab, one cannot choose the order type: it has to be a market order, as shown below.
As a result, one receives the following warning:
Please note: By submitting a noncompetitive bid you…
Franck Dernoncourt
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vote
2 answers
How does transferring to a new brokerage account work?
I currently have 2 brokerage accounts - one at Schwab and one at Vanguard - I would like to consolidate them both at Vanguard. How does that work? Do the stocks (mutual funds in this case) just transfer over, or does it count as selling the funds…
Jeremy
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Why does selling covered calls result in a negative balance in my account?
When I sell covered calls I see the balance that I was paid (the premium) represented as a negative number under the "options" section of my balances. Why? It makes sense to me that the premium would be assumed mine (not a debit or something I'm…
Ken - Enough about Monica
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1
vote
2 answers
Buying stock with unsettled funds (Schwab)
I sold stock in my IRA that I have with Schwab. I tried to buy different stock and was given a checkbox to acknowledge that the buy order is being accepted with insufficient (unsettled) funds.
I don't plan on doing anything else with this account. …
Ken - Enough about Monica
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1
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Settlement timing when buying/selling mutual funds
Schwab tells me that Money Market and all of their Mutual Funds settle at T+1. Suppose I have $1000 in a Money Market and I wish to buy $1000 in an SP500 index Mutual Fund. I issue a sell order for the Money Market, and simultaneously issue a buy…
Fixee
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0
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3 answers
How to avoid paying higher taxes on stock sales
If I bought some shares of a stock over a year ago, and some within the last year, is there some way I can sell the shares I bought over a year ago without paying additional taxes? I know in the United States there is a higher tax rate on stock…
Miro Nieto
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Where can I find the indicative yield of soon-to-be-issued Treasury bonds on Charles Schwab?
In Vanguard, one may see the indicative yield of soon-to-be-issued Treasury bonds on https://personal.vanguard.com/us/FixedIncomeTrading:
Where can I find the indicative yield for soon-to-be-issued Treasury bonds on Charles Schwab? I could only…
Franck Dernoncourt
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0
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Trading options and stocks under $1 per share at Charles Schwab shortly after the brokerage account creation
When creating a brokerage account at Charles Schwab, I see:
January 05, 2023: Funds post. You can buy most securities, but we restrict withdrawals and trading of some securities, including all options and stocks trading under $1 per share.
Why do…
Franck Dernoncourt
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Why would a financial services company force their customers to link their checking accounts to an existing or new brokerage account?
I read on page to create a new checking account at Charles Schwab Corporation in the US:
Your new checking account will be linked to one Schwab individual brokerage account. You can open a new brokerage account or link to an existing one.
That's…
Franck Dernoncourt
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