CMA

AirportMaterial5917

You think the people at the CMA right now invest in stocks

BlueWhale515

Oh shoot!!!! Is a HSA tax free when you take it out after 65? Like ROTH IRA? Yeah I don’t think it would be ideal for take money out of a Roth or 401k… so a CMA would be my options for downpayment money.

MrAkimoto

If your intent is to build wealth, you only need one fund, and S&P500 index fund from Vanguard, Fidelity, or whomever, it doesn't make any difference. You don't need a bond fund unless you want income, VTI and VXUS are redundant when you have an S&P500 index fund, and the same holds for TSP. If you want to save some cash, use something like Vanguard's CMA or a HYSA. You portfolio shows a complete absence of any thinking or looking at the vehicles you are using for investment. In fact, my post could apply to virtually most of the posts on here asking your question.

Heyhayheigh

It’s the same thing dude. I have it for my mom. Roth. Trad Ira. And regular CMA. I believe it is in the help menu. Or you call and have them send you Docusign. Or you look up the e-sign for trade authorization. Don’t remember. But it is doable. As long as it is Merrill edge (self directed side).

brygx

I use RB and don't trade very often, with Fidelity CMA as my primary checking account. No issues.

IndependenceEasy8936

Who is gonna short FITB and CMA with me?

Notmikeyouidiot

what happened to CMA??? -10% AH??

Notmikeyouidiot

wtf happened to CMA $Comerica?????????

nuxenolith

Factor investing mentioned! CMA (conservative minus aggressive) companies have tended to return a premium historically.

DryGeneral990

I've been using Fidelity CMA as my main checking/savings with no issues. My wife and I deposit our paychecks into it. We pay all our bills and do bill pays.

DeeboBD

I never push directly into my actual investment accounts. Always to a CMA first and then transfer to my other accounts. That way I never put the account numbers for my actual holdings into any other site/company.

phantasm42

If you ever plan on depositing money through EFT or RDC then Schwab all the way. Fidelity was super shady last year with the overnight “everyone has a 15 business day wait for funds availability” fiasco. Then is became a game of having to push not pull funds through Fidelity. In all this craziness they never considered account tenure or portfolio size. Didn’t matter if you had $10 or $10M, still the same treatment. Personally, I will never trust Fidelity for immediate access to funds again. Schwab you are more likely to get immediate access to funds within hours vs days with Fidelity. While you don’t have an equivalent CMA / sweep account, you do get a full fledged bank account. Is Schwab perfect, no; no bank is but for the important bits they are pretty good.

Jordykins850

Still can’t get over how wild FITB-CMA deal is. Literally hinging the whole thing on a bet that FITB stock doesn’t crash and burn before completion of deal 🥲

leomeng

Damn I had a buy idea last night and forgot it (I usually take screen shots ). Anyways, love morning buyouts. Let’s go CMA

HEAVY_HITTTER

This is what I do, but I am willing to take the risk. 6 months in fidelity mmf, which I use as a checkings account basically with fidelity CMA/CC. I think that it's important you have steady employment so you can keep dca in a downturn.

bank_truth

Whatever investments, whether that be HYSA, CMA, Fidelity, or CDs, etc., rates can always change depending on the Fed or depending on the business itself. That's why you need to take a look at a bank that's a lot more secure and stable and has a better reputation compared to chasing rates. Capital One and AmEx, for example, have a lower rate but are more well known and a lot more secure, but the downside is the rates. If you do want to take a look at higher rates, you can check our website. We list all of the US HYSAs along with their updated rates and other features. But before you create an account, do check some Reddit threads first to see if there are any issues with that bank or if they have a good or bad history.

adkosmos

You do understand that rate is not guaranteed in HYSA and also in CMA Fidelity. So you move over and rate drop at Fidelity, then you plan to move elsewhere? BTW .25% difference is 21 cent for every $1000 per month. Btw.. you dont need to use CMA.. and brokerage account at Fidelity will yield interest as money is by default held MMF SPAXX.

bdavid21wnec

Ya, in CMA this is easy. I'm trying to figure out how to do it in 401k. Even if I do an exchange it takes 1 distribution or more for it to work, so 2-4wks, which in a recession might as be never sellings

bdavid21wnec

36yrs old, not so much about age. In my CMA, I have missed alot of downside by selling fast and buying back. Not really an option in the 401k, but I think the exchange is per quarter

GaylrdFocker

Do not invest your emergency fund. What happens if you need to remove it and the market is down like it was in April. With the CMA just use SPRXX or SGOV for your emergency fund, you can invest anything above that. For your 401K, just pick a percentage and increase or decrease as needed for your budget. And I said more than 15% if you can. It's up to you and your budget. Read the links I posted, they cover most of you questions.

Muted_Community_2800

I have CFA,FRM,CAIA,CIMA,ACCA,CPA,CMA,CFP so who is giving advice to whom here

left-for-dead-9980

Put the 12 months of expenses in a HYSA or SPAXX at Fidelity in a CMA account as your emergency fund. If you can open a Roth IRA, do that with a limit of $7k and invest that in SPLG. The rest can go into either a taxable brokerage or the same CMA. Dollar Cost Average into SPLG, IXUS, and SGOV ETFs. Maybe $1k per month each. I would buy individual stocks but that might be too much since you have never done this before.

wanmoar

I work adjacent to the maritime freight business. Don’t do it. The industry is riddled with fly by night operations which regularly go belly up (Greeks mostly). If you want to play this sector, stick to the large listed operations (Maersk, CMA CGM et al)

West_Flounder2840

My entire financial picture is all in one Fidelity account. I use their CMA as primary checking account and debit card. A margin-enabled brokerage account with 20k in auto-rotating t-bills as my emergency fund and for nonretirement investing. Roth IRA, HSA also there. Credit card too. I dont know if Robinhood could provide me with all of those services, but I doubt it, and it wouldn’t be worth the hassle of switching.

oooeeeoooee

If you use any margin they don't give 4% APY. It's better to use the 1k interest free margin (on VOO/SGOV or whatever) and keep your money elsewhere (Fidelity CMA). I personally use Capital One HYSA as it is very convenient and still pays a decent rate.

Visible_Noise1850

We keep 1 year worth of emergency funds in a CMA that we pretend doesn't exist until an emergency.

Hungry-Brain-3287

The EU dropping 7 month old news on GOOGLE the day of earnings. I am sure that nobody at the CMA opened up short positions.

SnooSketches6618

Fidelity is solid. They also have a good credit card and CMA as well. I would go 50/50 VTI & VOO. I would hold off on bonds until you are closer to retirement.

Kryptus

What's a CMA?

nat2r

Fidelity classifies it as a "penny stock" and wont let you purchase it out of a CMA. Absurd.

Apprehensive-Lynx341

Someone just commented that is performance review of checking accounts (the comment has been deleted now). I looked into it - I guess all accounts include my CMA as well. But they just have some interests added in monthly, shouldnt affect the whole accounts performance right?

Over-Computer-6464

I have a simple system just using Fidelity brokerage account with UMB bank checking. I don't have a CMA account but you should also be able to do it with that. The credit cards (Bank of America and Chase) are both set up to pull the monthly statement balance out of my UMB/Fidelity bank account. I have some cash in MM funds like SPAXX and FZDXX. I also have a treasury bill ladder autorolled by Fidelity. I also have some bond ETFs (not SGOV, but it would work also). The interest from t bills and money market and the ETFs, along with stock and ETF dividend income all go into my core account. The credit card bills automatically get pulled from the core account. If the core account starts getting too big, I will move some more over to the bond ETFs. I don't have to monitor anything closely. Just topping off the money market fund once in a while if it is getting low, but more often it gets higher than desired and I buy some more bond ETFs or stock ETFs.

ExcelVirtuoso

You laugh, but there are some areas deep in account services which still retain some of the late 90s/early 00s themeing, like the CMA cash manager tool. Until the past year or two, parts of the fixed income product page still had the old UI. There are probably a few other places you can spot it, but they're buried quite deep in settings and services.

Grapeflavor_

Then you could pair with their credit card and all the cashback will automatically be reinvested in SPAXX. Or you can always buy SGOV under CMA account.

Grapeflavor_

Fidelity CMA does that. It uses SPAXX as core but you can buy FDLXX to minimize tax liability

AgentK-BB

FDLXX is the equivalent of SGOV (for state taxes) but FDLXX has a higher expense ratio. You pay the higher ER for the convenience of auto-liquidation. SGOV is for down payment money. FDLXX is for CMA (checking account in Fidelity).

AgentK-BB

Yes, FDLXX is the equivalent of SGOV but FDLXX has a higher expense ratio. You pay the higher ER for the convenience of auto-liquidation. SGOV is for down payment money. FDLXX is for CMA (checking account in Fidelity).

left-for-dead-9980

You don't need an advisor. And don't pay any fees. That's not how they make money. When you exceed $500k they give you a personal manager to guide you into what they do. Don't buy an annuity or agree to managed accounts. Those have fees. Look at the website and decide if you want ETFs or stocks. Open a Brokerage and Cash Management account. Treat the CMA like a high-yield checking account. Open a Roth if eligible and a Traditional IRA to initiate backdoor Roths each year. This assumes you are working.

ruthwik081

The announcement for the June 2025 S&P 500 rebalance was made after the close of trading on Friday, June 6, 2025. Here are the changes: Additions to the S&P 500: * CrowdStrike Holdings Inc. (CRWD) * KKR & Co. Inc. (KKR) * GoDaddy Inc. (GDDY) Deletions from the S&P 500: * Robert Half Inc. (RHI) * Comerica Inc. (CMA) * Illumina Inc. (ILMN) These changes will be effective prior to the open of trading on Monday, June 24, 2025. This rebalancing is part of the regular quarterly review of the index to ensure it accurately reflects the large-cap segment of the U.S. equity market. The addition of technology-focused companies like CrowdStrike and GoDaddy, and a major private equity firm like KKR, reflects the evolving landscape of the American economy.

Str8truth

Frankly, I don't trust Merrill or BofA as a fiduciary. I think they take the other side of trades and push their advisory clients to buy whatever they're trying to sell. Read your customer agreement to see how they get away with it. My dad's Merrill Cash Management Account kept his cash in a BofA "sweep fund" that paid just 0.01% per year. He moved to Fidelity so his CMA would keep his cash in a real money market account, currently paying 3.96%.

Heyhayheigh

They don’t do fractionals, and don’t allow crypto ETF’s. No recurring buys set to auto. You can use mutual funds to work around some of this. But just easier to use Fidelity. Preferred rewards is good. Surprised Chase doesn’t do something similar. Fast money movement is the real advantage. Easy place to have a self directed CMA for SGOV money. Get the credit card rewards.

Pzexperience

You must not be paying attention. Lol. I recommend getting informed before making dumb comments. Who is laughing now? -Project Stargate, led by Japan-based Softbank and U.S.-based OpenAI and Oracle, announced a $500 billion private investment in U.S.-based artificial intelligence infrastructure. -Apple announced a $500 billion investment in U.S. manufacturing and training. NVIDIA, a global chipmaking giant, announced it will invest $500 billion in U.S.-based AI infrastructure over the next four years amid its pledge to manufacture AI supercomputers entirely in the U.S. for the first time. -IBM announced a $150 billion investment over the next five years in its U.S.-based growth and manufacturing operations. -Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment in U.S.-based chips manufacturing. -Johnson & Johnson announced a $55 billion investment over the next four years in manufacturing, research and development, and technology. -Roche, a Swiss drug and diagnostics company, announced a $50 billion investment in U.S.-based manufacturing and research and development, which is expected to create more than 1,000 full-time jobs and more than 12,000 jobs including construction. -Bristol Myers Squibb announced a $40 billion investment over the next five years in its research, development, technology, and U.S.-based manufacturing operations. Eli Lilly and Company announced a $27 billion investment to more than double its domestic manufacturing capacity. -United Arab Emirates-based ADQ and U.S.-based Energy Capital Partners announced a $25 billion investment in U.S. data centers and energy infrastructure. -Novartis, a Swiss drugmaker, announced a $23 billion investment to build or expand ten manufacturing facilities across the U.S., which will create 4,000 new jobs. -Hyundai announced a $21 billion U.S.-based investment — including $5.8 billion for a new steel plant in Louisiana, which will create nearly 1,500 jobs. Hyundai also secured an equity investment and agreement from Posco Holdings, South Korea’s top steel maker. -John Deere announced plans to invest $20 billion over the next decade in American expansion, production, and manufacturing. -United Arab Emirates-based DAMAC Properties announced a $20 billion investment in new U.S.-based data centers. France-based CMA CGM, a global shipping giant, announced a $20 billion investment in U.S. shipping and logistics, creating 10,000 new jobs. -Sanofi announced it will invest at least $20 billion over the next five years in manufacturing and research and development. -Venture Global LNG announced an $18 billion investment at its liquefied natural gas facility in Louisiana. -Gilead Sciences announced an $11 billion boost to its planned U.S.-based manufacturing investment. -AbbVie announced a $10 billion investment over the next ten years to support volume growth and add four new manufacturing plants to its network. -Pratt Industries announced a $5 billion investment to create 5,000 new manufacturing jobs in Ohio, Michigan, Pennsylvania, and Arizona. -GlobalWafers, a Taiwanese silicon wafer manufacturer, announced a $4 billion investment in its U.S.-based production. Thermo Fisher Scientific announced it will invest an additional $2 billion over the next four years to enhance and expand its U.S. manufacturing operations and strengthen its innovation efforts. -Merck & Co. announced it will invest a total of $9 billion in the U.S. over the next several years after opening a new $1 billion North Carolina manufacturing facility — including in a new state-of-the-art biologics manufacturing plant in Delaware, which will create at least 500 new jobs. -Clarios announced a $6 billion plan to expand its domestic manufacturing operations. -Stellantis announced a $5 billion investment in its U.S. manufacturing network, including re-opening its Belvidere, Illinois, manufacturing plant. Stellantis announced a $388 million investment to establish a “megahub” in Detroit, Michigan. -In addition to its overall investments, Amazon announced it is investing $4 billion in small towns across America, creating more than 100,000 new jobs and driving opportunities across the country. -Regeneron Pharmaceuticals, a leader in biotechnology, announced a $3 billion agreement with Fujifilm Diosynth Biotechnologies to produce drugs at its North Carolina manufacturing facility. -Kraft Heinz announced a $3 billion investment to upgrade its U.S. factories — its largest investment in its plants in decades. -NorthMark Strategies, a multi-strategy investment firm, announced a $2.8 billion investment to build a supercomputing facility in South Carolina. -Kimberly-Clark announced a $2 billion investment to expand its U.S. manufacturing operations, including a new advanced manufacturing facility in Warren, Ohio, an expansion of its Beech Island, South Carolina, facility, and other upgrades to its supply chain network. -Chobani, a Greek yogurt giant, announced $1.7 billion to expand its U.S. operations. $1.2 billion to build its third U.S. dairy processing plant in New York, which is expected to create more than 1,000 new full-time jobs. $500 million to expand its Idaho manufacturing plant. -Corning announced it is expanding its Michigan manufacturing facility investment to $1.5 billion, adding 400 new high-paying advanced manufacturing jobs for a total of 1,500 new jobs. -Carrier announced an additional $1 billion investment in its U.S. manufacturing, innovation, and workforce expansion, which is expected to create 4,000 new jobs.

Alpha3031

I'm curious as to your allocation to US / ex-US and your CMA driving said allocation. Also, are you tilting to small caps? Other factors?

charleswj

You don't trade in or keep the vast majority of your assets in the CMA.

charleswj

You could just do checking in a Fidelity CMA and get 3.93% for everything automatically and no moving money

jaredigital62

I have a Fidelity Cash Management Accout (CMA) along with my brokerage. I’m only getting 2.19% interest on my cash balance currently as part of the FDIC cash sweep program they have. Do I need to change my core position on my CMA? Not sure if that’s doable. I guess I could throw my CMA cash into the brokerage cash position if I can’t get a better yield in the CMA.

UnObtainium17

Sold all my CMA and LLY and moved it to UNH. hopefully it pays off.

expensive_hammer

That's probably it then. It looks like for a 777X, a CMA would typically run around 15 years and cost 8-10 million per plane on the high end with support for engines, airframe, landing gear, and components. For all 210 planes that'll run around 31.5 billion in maintenance contracts alone. Add in 105 billion for planes and pricing for 50 additional engines and that sounds somewhat reasonable

LeonTheKid91

Port worker here for Long Beach and Los Angeles. Can confirm that many shipping lines are cancelling sailings to US. Down 33% in volume. We had the worst 2 rev. months ever in 2 decades. Unheard of. Longshoremen and union workers are still out grinding but they aren’t getting paid their 75hr work weeks pay like before. No overtime/hoot shift. A lot of manufacturing companies have cancelled orders as well adding to the blank sail problems MSC projected to have 20% growth this month. Cancelled most of their California coastal routes Hapaf Lloyd, CMA CGM, ONE all the same.

alexio215

Hello, thank you for taking the time to look at this. I am a 22 year old soon turning 23 and am slowly putting cash aside for a House. Staying with parents for at least another year, not looking to buy for another 2-3 hopefully. Attempting to put away 35-40k a year, with about 40k already put away (still living at home). Aside from a 401k and a newly created ROTH, all my "savings" are in a checking account. Ik, this is bad and looking to move away ASAP. What I wanted to ask is if there is an advantage to Money Market as compared to a HYSA at the moment? Rates seem to be trending down overall, but from what I am aware of, the US dollar is being challenged globally, and the treasury is facing a large maturity wall upcoming on a large piece of debt in 2026, and the R word being thrown around... With Global headlines questioning the dollar more than before, is a Money Market or HYSA account effected by this? I saw a brief mention that it is possible to lose value/money in a Money Market account. Is this true? Am I jumping too many conclusions? My current brokerage is Fidelity, and to keep things centralized, I'm looking to open a CMA (Cash Management Account) with SPAXX as my core/default investment. They seem reliable enough, with a few exceptions regarding holds on funds during spikes in fraudulent activity. Can anyone advise if there is a difference between the two that would make you choose one over the other? Are either good options in what seems to be an uncertain market? Thank you kindly for taking the time, I greatly appreciate it, and am grateful to learn.

NotAHost

I think an issue is that some people are saying the ports are 'dead' and 'empty' and other people are saying that there are zero ships coming from china. While there should be a steep drop from Chinese ships, I've seen estimates of ~30%. That is extremely impactful, some people would consider that 'dead' and some people won't. You posted way to many comments to keep track of. One post was cnbc, which said that vessels are down by 45% (12/22 still coming for the week). It also states: >The Gemini alliance between Maersk and Hapag Lloyd has a cancellation rate of 24.39%; followed by the Ocean Alliance, comprising CMA CGM, Cosco Shipping, Evergreen, and OOCL, at 18%; and the Premier Alliance, comprising Ocean Network Express, Hyundai Merchant Marine, and Yang Ming Marine Transport, at 15%. MSC and ZIM currently have a 10% rate of canceled sailings. Another estimate seems like it might be around 35% to 50%, from here: https://youtu.be/YXkWbhAQK5c?t=154, depending on which metric you go by. Please note, I am not attacking you, but I am offering more clarity than just posting many links across many comments. As far as I can tell, there are no 'dead' ports, but there is an impact by all means. A 35% reduction or more in ships by china is still insane, but there are a lot of posts that are trying to say 'zero ships' and 'dead ports' I can't find any recorded data that correlates to that. We will feel effects of it all, but again, the image of empty/dead ports aren't accurate either. 'Effectively dead' with a reduction of 35% from china? Eh, not a fan of that wording either. Dead has implications.

purplebasterd

I'd do Fidelity CMA with FDLXX for liquidity, yield, state tax exemption, and automatic liquidation for transactions.

x_Lyze

I've noticed more scheduled ship arrivals for the Port of LA added yesterday and today, most notably the CMA ships scheduled for arrival in week 20 that are routing directly from Chinese ports. [https://signal.portoptimizer.com/](https://signal.portoptimizer.com/) Most likely Trump was convinced empty shelves cannot be allowed, and promised he would reduce tariffs and/or compensate major retailers. This will of course add even more uncertainty about his economic policy and further reduce any leverage he may have in negotations vis a vis tariffs with all countries. Why offer him anything when he will implement and then roll back tariffs all by himself? Trump has put the US in a position where even the universal 10% tariffs (and uncertainty) will severely hurt the US economy, and no one is willing to make any concessions to the US because Trump is on & off, up or down on tariffs whether you make a deal—or even speak with him—or not.

x_Lyze

I've noticed more scheduled ship arrivals for the Port of LA added yesterday and today, most notably the CMA ships scheduled for arrival in week 20 that are routing directly from Chinese ports. [https://signal.portoptimizer.com/](https://signal.portoptimizer.com/)

KarlLachsfeld

# MAERSK ALTAIR coming from Gyna # CMA CGM SYMI coming from Gyna # YM UPSURGENCE coming from Gyna

ac106

Fidelity is pretty awesome as a [one stop shop](https://www.bogleheads.org/wiki/Fidelity:_one_stop_shop) They have excellent 24 hr customer service. The app is good. Better than Vanguard. Website is very good. The Cash Management Account is great as combo high yield savings/checking/BillPay account with check writing and a debit card. All ATM fees are refunded. The auto liquidation feature allows you to use a treasury money market (FDLXX) as a defacto core position (no state tax). You can also buy CDs with a CMA. Allows auto buys of fractional ETFs. Offers 529s, HSAs, DAFs etc. Fidelity Crypto allows direct custody and transfers of crypto. Good fixed income tools. Fidelity credit card is unlimited 2% if deposited into core position Local branches Fee free mutual funds. (FZROX, FZIPX, FNILX, FZILX) r/fidelityinvestments & r/fidelitycrypto are staffed by actual Fidelity employees who provide customer support. Cons: They put **very** long holds (10 **business** days/2 weeks) when you pull funds from another bank. If you push, it’s availible immediately or within a day. No Zelle No Plaid for linking ACH

XXLepic

Fidelity trading hours suck. Robinhood having 24/5 trading is amazing. Way easier for options too. If all your doing it DCA longterm, Fidelity could be nice. CMA account acts like a 4% bank account w/ debit card no fees. But outside that I dislike fidelity

SnooSketches6618

Fidelity is great. You should also look into their CMA and credit card as well. I know you aren't asking for any investment advice, but I would tell my 18yo self to play around/experiment with options but invest in low cost index funds. Even if you figure out how to do well with options, you are looking at a high-cost, high-tax strategy.

Recent_Audience_3234

!banbet CMA 48 14d

loonshtarr

Seatle was working 2 container ships on Sunday "Wan Hai 506" and "MSC Vandya" both at SSA, day and night shifts. For Monday Work is ordered for MSC Vandya, MSC Bern V, CMA CGM POINTE-NOIRE

Opeth4Lyfe

I also use Fidelity CMA too. I just linked my account to my credit card and pay it out of there.

Euphoric-Magazine300

🥭 making all the American brains leave... and got to Canada. US brain drain. "The Medical Council of Canada is seeing a nearly 600 per cent increase in U.S. medical graduates exploring options to practise in Canada and registering for a Canadian medical licence, CMA president Dr. Joss Reimer told CTVNews.ca on Saturday."

Netsplit_Custody

So this is aimed at Chinese vessels but then also includes any company buying ships from a Chinese shipyard, so that's good news for the European (hello Finland/Germany/Spain/UK) and Korean shipbuilding industries I guess. Meanwhile MSC (Switzerland), Maersk (Denmark) CMA CGM (France) and Hapag-Lloyd (German) control more than 50% of the global container shipping capacity so good luck in your future endeavours, product enjoyers.

Individual_Town8124

The USTR is planning on levying a $1.5m fee on every China-owned, China-built cargo ship that berths in a US port. They are holding a public hearing on March 24. Non-China-owned cargo ship lines whose fleets are more than 50% Chinese-built ships will be subject to a $1m fee per vessel to berth at a US port. Non-China owned cargo ship lines whose fleets are more than 25% China-built but less than 50% China-built will be subject to a $750k fee per vessel. Atlantic Container Lines has already publically said if the US proceeds with these new port fees, they will stop coming to US ports. How long do you think it will take before other cargo carrier lines will refuse to deliver to the US? MAERSK is headquartered in Denmark, HAPAG-LLOYD in Germany, CMA CGM in France, MSC in Switzerland. COSCO is Chinese. None of those countries is happy with us right now. China, Japan and China signed an agreement this past weekend vowing to stand together against the US. If China's COSCO cuts off the US, then OOCL, ONE, and HYUNDAI may do the same. All international commerce to/from the US will stop and our economy will crash.

rainmeterhub

You’re using the Fidelity CMA. If you move your money to your brokerage account, you can buy an ETF like VBIL, which has a higher yield.

DeansFrenchOnion1

>The comments come weeks after French shipping firm CMA CGM [announced plans](https://www.reuters.com/business/trump-hails-20-bln-investment-by-shipping-firm-cma-cgm-2025-03-06/) to invest $20 billion in the U.S. to build shipping logistics and terminals,  >French electrical equipment supplier Schneider Electric [(SCHN.PA), opens new tab](https://www.reuters.com/markets/companies/SCHN.PA) said late last month it would [invest $700 million](https://www.reuters.com/business/schneider-electric-invest-over-700-million-us-power-ai-boom-2025-03-25/) in the country to support U.S. energy infrastructure to power AI growth. You didn't read your own article did you? Macron can call for whatever he wants. The shareholders make the decisions. & it looks like they've decided...

Devastating_Duck501

The consumer only eats the tariff if they choose to continue to buy the European or Asian option still. Many people will switch brands in items where switching is an option like cars. Faced with declining sales, foreign companies will have to sacrifice C1% in order to try to keep some market share. The key is to lower income tax and regional taxes enough to even out the hit on goods that there is no domestic alternative for. It’s actually 2.8 trillion now, UAE isn’t alone and the UAEs investment is over 10 years. Plus the royal family has more in personal wealth than the GDP of the country, so there’s more factors than GDP to consider. UAE - $1.4 trillion Saudi Arabia - $600 billion Apple (NASDAQ: AAPL) - $500 billion NVIDIA - $100 billion Softbank/OpenAi/Oracle (as part of Stargate) - $100 billion Taiwan Semiconductor - $100 billion Johnson & Johnson - $55 billion Eli Lilly (NYSE: LLY) - $27 billion CMA CGM Group - $20 billion Merck (NYSE: MRK) - $1 billion GE Aerospace - $1 billion

Humaniac99

Hello all, I am Humaniac99 CFA, CFP, CIC, ChFC, CMA, CFS, CIMA, CMT, PFS, CLU, CTP, CHFM, CHFP, CIIA, CM&AA, ChEA, ERP, FPAC, FRM and I am a financial advisor. Ask me anything!

RevolutionaryPhoto24

I have literally done that since college. Treated it like a savings account. Practically treat it like checking these days (with CMA attached to brokerage.)

prattbatt

treasury and corporate ladders would benefit you more than bond ETFs. Especially with how much cash you have. Some brokers offer it or you can only get them through an advisor. Low fee of .25%. You can dollar cost average now. Volatility is your friend. Before POV, how old are you? When do you want to retire? Tax bracket? Does your CMA offer tax loss harvesting?

Narkanin

Variable rates, not FDIC insured (although very safe). I just use it because their CMA is so functional and money is automatically held in SPAXX and there’s simply no point in me using a traditional checking account where I’m losing money to inflation. I get a dividend payout every month and at the moment it’s roughly 4% which is pretty damn good for a safe AND liquid account which I can pay into and out of. It’s a great deal for anything short term or, as I said, an alternative to a traditional checking account.

SnooSketches6618

Fidelity has a good CMA and credit card option so that could be a solid 1 stop shop for you.

Boston_Pops

I pull funds into my Fidelity CMA a couple of times/month. It's become the hub my financial life revolves around. A couple of business days later I push to a different brick and mortar to isolate certain bill paying. I've never had a longer time delay. IDK if it makes a difference, but I've been using Fidelity for >30 years. And I certainly never throw them a curve ball. ymmv...

caiuscorvus

Vanguard for invest and hold; Fidelity for convience if you want a CMA or bill pay.

MrFish701

I use a Fidelity CMA and invest in FDLXX which is ~4%. It’s great if you live somewhere with high state taxes as it’s almost entirely exempt from those. You could alternatively invest in SPAXX if your state taxes aren’t bad

nobuhok

Throw it in a Fidelity CMA and buy SGOV.

DizzyRhubarb_

Age: 43, married, US-based, ~$300K income. Debt: Only mortgage and minimal car payments. **Retirement/Tax-Advantaged Accounts:** - **401(k) ($420K):** 20% FZILX, 25% Contrafund, 55% FZROX. - **Roth IRA ($10K):** 100% Contrafund. - **HSA ($7K):** $2K cash, $5K FSKAX **Taxable Accounts:** - **CMA ($65K):** $50K SPAXX, $15K VOO ETF - **HYSA ($41K).** For my 401(k), I'm considering a shift to 35% FZROX and 25% SPAXX to keep cash ready for potential market turmoil... it feels pretty uncertain right now, and I see a lot of people pulling out of US stocks. And I don't know what to do about my taxable accounts, feel a little cash heavy. $15K for a bathroom remodel is the only short-term expense. We don't have any pressing long term plans, I just want to build up some wealth for future use.

Narkanin

Awesome start. Personally, and I do mean that, I would move the CDs over into a brokerage account and try to get a better return. At your age and you can weather the ups and downs for some time to come UNLESS you plan to use that CD money at the end of two years or sooner. Aggressive growth allocation is good at your age, take advantage of the many years of return you’ve got ahead of you. You’ve got good income, low expenses and a sizable savings. I also personally favor something like a fidelity CMA over a checking account as you can get all the checking account functionality + a 4% or so return via a MMF. Or you can keep both and just keep most money in the MMF to help combat inflation.

BytchYouThought

Actually, they are pretty reasonable over there in my experience. They even have folks that literally legit work for Fidelity that will assist you there. They are also pretty fair critically there surprisingly. Fidelity went through a whole debacle last year with CMA and ATMS etc and they were getting blasted there by the community.

Narkanin

Max out that Roth IRA. You’re young get the most you can out of that money. HYSA is fine if you need emergency savings. But if you don’t, I would personally invest in a normal brokerage account once the Roth IRA is maxed out and you’ve got enough set aside for 6-12 months of living or whatever you need in a pinch. If your parents are in the picture and you don’t need an emergency fund for the time being, take advantage of that. Keep in mind the principal investment into a Roth IRA can be withdrawn at any time without penalty, so it can be used in some emergencies if absolutely necessary. Not ideal but it’s possible. Imo traditional checking accounts are stupid unless you absolutely need one for some reason. For example a CMA with fidelity can give you 4% or so average return (variable rate), is nearly as safe as an HYSA in practice, and can provide an ATM card and all the functionality of a traditional checking account including automatic bill pays for credit cards etc. Just some things to think about.

Narkanin

Tbh there isn’t a whole lot of difference if you’re thinking long term storage. The main difference I could find is that HYSAs are FDIC insured but maintain a constant rate. MMFs are not FDIC insured (though they can have their own type of insurance and are still very safe) but the rate is variable and can go above what an HYSA would typically offer. However at the moment I believe most HYSAs and MMFs have about the same rate, just over 4%. For a while I think MMFs peaked above 5%. I like MMFs via a CMA because some institutions, like Fidelity, also offer an ATM card that can be used at any time and the account functions like a fully functional checking account. You can pay credit card and other bills straight out of it, so it’s a great way to avoid terrible rates and fees of traditional checking accounts and at least stay closer to tracking inflation with your liquid assets.

VGBB

Dude, one is all of his accounts the one that says portfolio value, the other is just his brokerage link, which he made the 1.7 million. If you had a Fidelity account you would know you can have your brokerages, CMA, Roth, kids accounts, and many other accounts. This would be the green one. I have the same setup and brokeragelink is when you port your Company 401k portfolio to openly trade ETFs and Mutual funds. If you think something is wrong do some research instead of saying these screenshots must be wrong 🥴

Narkanin

At least move it over to something like a Fidelity CMA so you can get 4+% on it (this rate can change) but it’s miles better than what banks give you. Then you’d be able to easily invest it from there as well.

SnooSketches6618

I use Vanguard and Fidelity. Vanguard is great for trading their funds, etfs, and brokered CDs. Vanguard is not great for trading anything outside of their products. With Fidelity, you have a lot more options, and they have a credit card and CMA you can integrate as well. Regarding your portfolio, 9 different funds is a lot. If you are just getting started, I would say stick with FXAIX and maybe one or 2 others. With FXAIX, you are investing in 500 of the top companies in the US.

dinglebarryb0nds

Since i left a comment i just switched all my bills to SoFi outta CMA lol. Feels good

dinglebarryb0nds

Oh yea first off, fuck fidelity cash management lol. I used it as my main for like 4 years and now I’m moving things to SoFi just this month. I have also have 2 credit unions the whole time. The account numbers are so confusing to do anything with CMA then plaid doesn’t work and it’s just a pain in the ass. Yea fidelity is good for the slow long term investing but that’s about it. And free wire transfers out of CMA I would say keep fidelity brokerage and bank w SoFi

Grouchy_Value7852

I’ll give you that, but, high limits are irrelevant if it’s your daily. But, the SoFi app, imhho, makes it just as easy as Fidelity and don’t need a CMA. Full disclosure- I have ETrade brokerage, Fidelity brokerage and 401k, SoFi checking/savings, CC, brokerage and ROTH, computershare, and am giving great consideration to combining everything in SoFi. My holdback is the Apex fills vs Fidelity.

Fiveby21

You could just use a CMA as your checking though. SPAXX will auto-liquidate, after all. (FDLXX is better if you're in a state with income tax though)

chubbs069

Rollover Question: Left my job last year and they put my 401k into a generic rollover roth through Fidelity, where it is currently sitting as cash. I have a personal CMA and Roth IRA setup with Merrill Edge. I am going to transfer the Rollover IRA to my Merrill account, just so it's all in one place. My question is, is there any reason not to pay the taxes up front on this so that I can invest it into my personal Roth IRA? The other option would be to open a traditional IRA, as I don't currently have one setup with Merrill. I'll also add this is not a lot of money, and, if I decide to transfer to my Roth, the added income will not bump me into a higher tax bracket. Thank you

McKnuckle_Brewery

You can transfer shares from an individual account to a joint one, provided they are of the same tax type and your name is on both. I do it routinely between a joint CMA and a regular brokerage account. You do not have to sell shares.

nauticalmile

You’re effectively taxed the same way with a money market fund as you would be with a HYSA. The broker will include the total ordinary dividends paid for the year on a 1099-DIV much like the HYSA bank would report total interest paid on a 1099-INT. Either adds to your taxable income at filing, and if significant enough/depending on the rest of your finances, possibly create a tax bill. The actual transactions of money going in/out of the money market are often are not even listed on the consolidated 1099 from the broker - looking at the 1099 for my CMA, it only lists the monthly dividend payments. Since the “buy” and the “sell” were both for $1/share, there isn’t a taxable event. Some additional reading that may be worthwhile: https://www.investopedia.com/terms/m/money-marketfund.asp https://www.investopedia.com/terms/b/breaking-the-buck.asp

nauticalmile

SPAXX is holds all very short term treasuries & repos, has only a 33 day weighted average maturity. I assume since the holdings turn over so fast, Fidelity isn’t worried about a big deviation in deposits. Of course, the whole purpose of a cash sweep - if you don’t actively invest in something, at least the money is doing some work for you and the broker via the sweep fund’s expense ratio. The money still has to be available to you, because you never explicitly invested it. In my mind, the risk is not much greater than a FDIC insured account. SPAXX distributes all earnings monthly as a dividend and is taxed as such. It’s a money market fund, so NAV is (virtually) always $1. Money goes in at $1/share and out at $1/share, so no capital gains. I use it in my CMA account in place of a HYSA.

Emotional-Video6363

I'm in my mid 20s and have 120k with no house, income, or retirement accounts. I was thinking about leaving 20k in a SPAXX CMA and the rest (that I would probably need in 1.5yrs) in a CD but the rates are basically identical (4.2%)?

kyonkun_denwa

The median commute distance in Toronto is just over 12.2km. It's actually not super far. By contrast, the median commute distance in Houston it is about 38km, which is more than 3x as far. The reason why Toronto has the "longest" commute is purely because of how much TIME it takes to get anywhere. Because the traffic is so horrendously bad, our average commute speed is nearly dead last in North America- behind New York and Mexico City, but ahead of Vancouver. But bad traffic does not really drain an EV battery, because you're not really running anything aside from a heat pump, an air conditioner, and some accessories. It's MOVING the car that uses a lot of power. Anyways, I'm no EVangelist, but I'd also like to point out that about 40% of people in the Toronto CMA reside in single-detached houses and a further 7% reside in semi-detached houses. So about 47% of people live in some kind of ground level housing that is most likely to be car-friendly and is at least somewhat amenable to in-home charging, which negates a lot of the issues surrounding the dire fast charging infrastructure (which probably sucks because so many EV owners use in-home charging). I know there are complications re. street parking, but we could also argue that a lot of row house dwellers have their own garages and driveways as well, so let's just ignore that for now. It seems to me like EVs would work just fine in Metro Toronto. Hell, my neighbours got a used bZ4X, pretty much the worst EV on the market with shit range and shit charging speeds, and it still works just fine as a cheap daily commuter for their 80-100km worth of daily driving.

dinglebarryb0nds

Yea I’ve been using fidelity CMA as my main thing for all bills for about 5 years

SuitableExercise7096

Problem with "financial advisors" I ran into is that they are Ahave several confusing Titles and other scammy tactics. You specifically want a Fee only Fiduciary ONLY. When you look for one youll find several other people with fancy titles For reference: CGMA – Chartered Global Management Accountant. The CGMA designation, sponsored by the American Institute of CPAs (AICPA), is the mark of distinction in the business accounting world. To earn the CGMA designation, a person has to master the technical finance and accounting skills, understand advanced business concepts and demonstrate strategic leadership abilities. Now on to some other financially related titles and when you might need to work with that person: EA – Enrolled Agent. Licensed at the federal level by the IRS. An EA can prepare taxes for individuals, partnerships, corporations, estates, trusts, and any entities with tax-reporting requirements. They can also represent you if the IRS audits you. CFP – Certified Financial Planner. Works with clients on financial plans, investments and insurance. This is someone you talk to when planning for retirement or saving for your children’s education, for example. CFA – Chartered Financial Analyst. Works with large sums of money, in portfolio management, as financial analysts, stock brokers, investment bankers, etc. CTP – Certified Treasury Professional. Experts in cash management, including the management of a company’s optimal cash positioning through forecasting and short-term investing and borrowing activities and maintaining corporate liquidity. CMA – Certified Management Accountant. Works in corporate finance; analyzes data, creates business strategies for the future. All of these certifications are distinct and they all help financial professionals with their credibility and levels of expertise. Many of these certifications lead to many different positions within a company or as a consultant.

VenturaRyanRound2

Of my liquid assets, typically 100% is invested in some form or another but I also keep my checking account in a Fidelity CMA (taking advantage of MMF). General rule about how much to hold in cash is 1.5x your monthly rotating spend. Beyond that, it’s going to depend on your circumstances (building a down payment, making a big purchase, home renovations, etc)

ASGroup_

I can attest to this. Just transferred to use them as my main checking in their CMA account. Besides direct deposits from employer and wire transfers, PULLING money into fidelity takes 15 BUSINESS days to settle lol. Now I push from my old checking and it’s only a day

Technical_Formal72

Fidelity CMA with MMFs have competitive yields to HYSAs more state tax efficiency plus auto-liquidation

DynoJoe27

What is going on with CMA? Getting bought out?