Reddit Posts
Where to invest 10k leveraged from CC cash advance (5% fee)?
Received little over $4k for WF settlement. What should I buy?
Would you go long on me if I was a stock?
Yellen's all but gives away who will and who won't be rescued...
Vanguard CD, do I need to do anything at maturity? Will it roll over?
Okay, okay, bulls I can't tell if this is a rally or bulls***
This is a weird whale play…🐋
Detailed comparison of the (M)AANG stocks performance through the years...
Is it illegal to purposely not paying back credit card debts in order for the banks to lose money, while shorting the banks?
Tried Fidelity brokerage, underwhelmed, anything wrong with staying with Wells Fargo?
Netflix’s Qwikster 2.0: Growth Loss and Pivot into Gaming
Buy $XLF before Thursday's momentum fund rebalancing
I have about $2k sitting on the sidelines. What should I do?
Apes face the greatest Marshmallow Test in history. Will you pass? [Psychological DD] 💎🙌
Mentions
Haha I liked the jewel art a lot on the first 2-3 cards I saw it on but then on the 400th it got a little old. Agreed on TF. I think JT and WF/BB have the best art of the scarlet and violet series personally but idk if it will find the market it deserves. It probably should be the most expensive of the modern sets bc it's the hardest to master set but all this current value is crazy bubble stuff so it's not really based on logic or art
Lessons Leaned Today: Never trade stock, While working on Your car. Was up 20%. Two bolts later, Down 30%. WF?!
This aligns with my observations see below!! https://www.reddit.com/r/10xPennyStocks/s/WF8Atgy5op
Shocker that ML or my WF wealth advisors would use a calculation to show a higher return
I would sell your cost basis and let the rest - their money now - ride Btw, I’m not surprised you’re beating your managed account. I did a similar exercise years ago - me vs WF wealth mgmt vs Fidelity managed. I beat em for a few years then decided to take what I use to pay “managers” and put that into a spec trade like RKLb or oklo.
I loaded on C calls and WF to round out my exposure a bit.
Lazy mostly. My personal accounts and business accounts are all WF and I like having it all together. But I agree… WF’s user interface is awful.
That's not the investigation that led to his last arrest. But he did serve some time as a result. It was controversial because he was offered a sweet nonprosecution deal from the federal government. He pled guilty to state charges instead and the FBI agreed to drop their investigation. That all took place under W Bush though. He wasn't arrested on criminal charges again until 2019. In between he settled a lot of civil cases and paid people off. There's a timeline here: Jeffrey Epstein: Timeline that led to sex-trafficking charges : NPR https://share.google/XzW1zAHHyL5WF5UeG
No, thats not what I said at all. I said, WF, JPM and GS took bailout funds under threat from Treasury and NY FED. All 3 paid them back in total at the first opportunity.
I hate GS as much as the next guy, but WF, GS and JPM were forced to take the funds by Paulson. They didnt actuallly need it. GS made 14 billion shorting the mortgage market and collected from AIG after AIG bailout. Paulson and Geithner forced Dimon and Blankfein to take the funds, just so all the other banks wouldnt have runs. This is a well documented history.
Day traders: Consider $WFF (NASDAQ: WF Holding Ltd), a Malaysian FRP manufacturer that announced a strategic entry into the cryptocurrency sector in June 2025, partnering with Bull Coin Asset Management for market research and compliance. stocktitan.net +1 Trading at ~$2 with 15.79% volatility and low float, it offers opportunities for intraday momentum plays amid crypto developments
NU is South American digitized banking system that applied for entry into 🇺🇸. No current US banks operate this way and idea is to be adopted and integrated by our banking system (MOST banks including BoA, WF and major systems). NU is proven and has steadily climbed showing low risk but exponential ⬆️!! Check it out, I’m in and holding for sure!
NU is South American digitized banking system that applied for entry into 🇺🇸. No current US banks operate this way and idea is to be adopted and integrated by our banking system (MOST banks including BoA, WF and major systems). NU is proven and has steadily climbed showing low risk but exponential ⬆️!! Check it out, I’m already in and holding for sure!
There are multiple components of return and not just the interest rate. Most banks don't keep all the loans they originate on their balance sheet since there are regulatory ratios to balance risk. Does that mean JPMorgan or WF will stop giving out loans just because they hit their 'threshold'? No, they push it through the financial system to insurance companies, pension funds, and other institutional investor types. Banks also make money on origination fees and servicing fees.
It was a brokered trade, condition code WF: Multi Leg Floor Trade. Hard to get anything out of this. Could be MM balancing their book, HF making some vol play, a weird defined loss ETF [screen shot](https://imgur.com/a/t2Xe2RO)
lmfao I took WF as the underdog, cashed out on that when they were up at half, then took NCSU when they were the underdog, and then cashed out when they won.
On a separate note, the WF scandal was not a good buying opportunity. I think I can understand his attitude but I can’t explain well. Maybe I just love the guy… https://preview.redd.it/tl9byif7nmmf1.jpeg?width=2556&format=pjpg&auto=webp&s=7e0d618570c8e5005b9702f03d0b7f44bd4f38e1
Why not under Amazon, since WF is part of Amazon?
Thank you, sir. I've paid for a lot of experience the hard way, so I pay it forward. I would be cautious on bonds or anything inflation-linked to USGOV (bad data = bad prices). If you don't short, I'd recommend a gold position as a dollar hedge. I don't want to be responsible for another person's retirement; I only offer personal recommendations, based on my own allocations. The last "crash" was [SVB ](https://en.wikipedia.org/wiki/Collapse_of_Silicon_Valley_Bank)failure in '03, but the banks (still to this day) hold those losses unrealized on their balance sheets, so it never materialized. JPB, WF & BAC all have substantial amounts of this, which will only increase as yields rise (from lack of demand on USG term-debt). They will be forced to realize this soon, as yet another catalyst. Stay safe, and I hope you enjoy your retirement.
I bought two cilantros at WF lady charged me for 23 of them
Poor choice of words on my part - when I refer to "direct investing" I mean their direct indexing products; increases the velocity of TLH because they're indexing via single names. Having WF automate TLH across ETFs works, but 25bps feels like a steep price to pay for it. Using the direct indexing products means you also aren't paying the underlying fund fees. I'm still in that investment, too expensive to shift out. But I'm not making new investments in it outside of dividend reinvestment - not ideal since it means there TLH opportunities are being attenuated over time.
As the first commenter noted, you "stomach it" because the return comes with lower risk via diversification. The fees aren't driving the difference, the REITs and international exposure are (though less so recently). The correct comparison would be WF to VT, with some estimation of TLH savings. WF gives plenty of degrees of flexibility, including a very low ER TLH product that is S&P500 only. The TLH product(s) are "worth" the fee especially if you are not using WF to get international exposure (The TLH is inter-fund for international rather than direct investing)... IFF you want TLH. I am decreasingly of the view that these products make that much of a difference though, and they hinder flexibility on the longer horizons. I have a large-ish sum tied-up in the direct investing product and would convert out of it if the built-in gain hadn't reached the point of being untenable.
What?! He’s been watching the price for a week. Show this dignified analyst some respect. Who are you going to trust? WF? “Yes sir, I’ll take your 50 year mortgage if you throw in 2 shares of RDDT.”
[THIS is MASSIVE for Opendoor | Opendoor Nasdaq Compliance Coming! | Shorts Increase 21.6M at P](https://youtu.be/BMBt5p8nsUs?si=c5WF2Jtz_oCnJPoq) 😹 The shorts are really going hard today 😁 Check out the YouTube video I linked ， I just finished watching it. Are you guys ready? 🚀🚀🚀
If you make four or more day trades over the course of any five business days, and those trades account for more than 6% of your account activity over that time period, your margin account will be flagged as a pattern day trader account and you'll be required to have minimum $25,000. I was flagged by WF brokerage for it. So I switched to cash only account. If you get flagged it doesnt follow you so you can actually just open another account even through same broker. I switched to IBKR cash only now. PDT rules dont apply
Was tracking right up to “then take off.” There will be no take off. It will be a long slow bumpy road back for UnH. They defrauded the govt, ffs. Look at how WF did for about a decade
I hate WF for brokerage but Im too lazy to transfer accounts to the etrade.
Same. I buy as little as possible from WF/Amazon. Turns out I can get almost anything I need delivered from Walmart, and wait maybe one day extra, max.
Really, anyone you want. I personally will only use institutions with brick and mortar locations, but some people don't care about that. Some of the Chase and WF locations have a Investment person or team on site. Fidelity has some physical locations, but don't do traditional banking.
Yep, Im pretty sure I can do an in kind transfer. But once my SWPPX positions are moved yo WF, I assume they have to be liquidated in order to use their S&P500 Direct roboasvisor for the TLH benefits. Liquidation at that point would be a taxable event, no?
Well, banks, for one. The Fed ran some [low-stress capital tests](https://www.investors.com/news/goldman-sachs-wells-fargo-jpm-dow-jones-federal-reserve-stress-test/) last week on most of the top banks and freed up a lot of cash for them to work with. Goldman's probably buying. WF and JP are probably eyeing some buybacks. Plus, the Baby 401k. Who knows how this is supposed to work, but at current birth rates it's around a $1m daily injection into markets.
WF cash account works just fine for emergency cash. SGOV is a treasury ETF and a little less liquid cause you have to buy and sell but also has its advantages like a majority state tax free when compared to HYSA interest. Both taxed at federal level though. Maybe a mix of both? You can buy SGOV at WF in the stock investing account.
I still use WF but a majority of my interests lie at Fidelity now as I outgrew the WF platform and needed some additional brokerage features. Rates always change at every bank/broker unless you buy a fixed instrument like a CD. WF is still holding at 4% or 4.5% with the boost for now though.
Catalysts: WF Holding Ltd announces entry into the digital cryptocurrency field https://www.prnewswire.com/news-releases/wf-holding-ltd-announces-entry-into-the-digital-cryptocurrency-field-302489445.html WF Holding Ltd announces plans for major investment in China https://www.prnewswire.com/news-releases/wf-holding-ltd-announces-plans-for-major-investment-in-china-302489467.html It halted down, couldn’t tell ya, been halting all day all I know is I got in low, sold near the peak, and then bought back in at the low at 8.24 which isn’t very low compared to it’s averages, but I took profits so NFA, I’m betting it halted this time on the way up, before it was on the way up then on the way down, I’m betting it shoots and then I sell again unless this halt makes it sink again, either way if I sell right now it’s at a profit so I’m being risky but I didn’t put more than what I gained so play at your own discretion
The credit card isn't very good. I had my selection up and I declined it after reading the reviews from people who had it. Randomly closed cards for spending too much, etc. I throw 5-10k thru my amex gold card a month and had eyed the RH gold card as a possible replacement for some of that spend that doesn't get me bonus points. Read a ton of reddit posts about getting shut down for spending 4k on the card or dropping 3k on tuition or large tax bills. Etc. I'd look into WF active cash, Citi Double cash, or fidelitys 2% card if you're looking for cash back. Us bank had a really good card but it got nerfed pretty hard.
You prob figured this out by now but WF is garbage. A friend of mine had his account hacked, money stolen, found out it was prob an inside job, and WF essentially said its not their problem and didn't help or coperate with the investigation. Had to be subponead to even release any info on the IP address etc.
I thought they don’t even supply WF anymore
WF steals their customers data and you would take investing advice from them?
WF just literally said tesla will drop 60% and it's still green rn?!!? Lol
All of those people should have switched to Truliant when WF used political leverage for a takeover that cost retail investors billions. If you are still there, it's your own fault.
I have 9 banks, WF is one of them and they are good to work with. Fast transfers, early direct deposit and no fees. Also have 4 cards with them, for sign up bonuses.
How you do business matters just as much as results. Your line of thinking is literally what WF was doing that got them into trouble.
You would be surprised. A lot of the big banks won’t due to “conflict of interest” as they have investment/financial advice branches. I was able to get one at Wells Fargo. Not my personal choice, but it worked. Fidelity is another alternative, but it’s like a hybrid account. I haven’t tried a credit union, but considered it. My current setup is a business checking at WF to pay taxes, credit cards, etc. A fidelity account to act as a holding account for profits/uninvested cash, and a brokerage account for trading
I dumped WF years ago because of shitty service, I would never go back!
I've been with WF for 20 years, actually I recently.closed out a regions business account and moved it over with plans to open a brokerage for three business. They've always been great to me and the local people and management are 10/10, CS is great , app and website are fantastic.
WF should have had their business license restricted for 5 years. No new accounts. (I don't care if thats possible under current rules, my point is really WF got off easy on something individuals would spend life in prison for)
WF is actually walking distance from my home and I'll walk past that bank every day without ever stepping inside.
The problem with this subreddit (and site in general) is there’s a rose tinted view of how the world, business, and markets work. WF was and still is a TBTF powerhouse, and frankly is only getting this feedback because of the publicity surrounding both the act and the punishment. Your other BB banks have their hands in arguably murkier waters and are lauded for their strong balance sheet management and overall performance. Ultimately if you’re coming here for discussion around equities that holds real weight, it’s not as easy as it was 10 years ago.
It’s gonna grow. People can dislike WF for what occurred years ago, but every major bank is guilty of the same thing. Logically speaking do people really think lifting the asset cap will somehow cause the company to shrink? Especially after it’s spent years cleaning up its image and processes? They will not allow the same mistake to happen again as they were severely punished for it already. You can dislike WF all you like, but the company is poised to grow.
It’s almost as though a top 5 bank is critical to the economy. WF serves a significant portion of households and small businesses. We need banks, and rehabilitation is better than destroying a large part of our financial system.
This plus nearly 90Bn in transactions announced has put wind in the sails of WF. I’d really beg to differ, they’ll turn it around and then some long term and before long the average consumer will forget (for better or worse).
I got a WF account in 2015, I had to switch banks a few years later after I found out they were essentially stealing money from me in the form of various fees and a bogus credit account they created, I guess it was hidden in the fine print idk, its the whole reason they got in trouble. PITA to close the account and move my money to another bank AND it dinged my credit score. Just awful.
By all means keep doing business with WF, but defending them against people who'd rather take their business elsewhere because you weren't personally affected is just dumb. >My anecdote is as worthless as your analogy. This isn't the mike drop that you think it is
I have a WF bank account since 1998. I got my first credit card with Wells Fargo 9 years ago. And I am 28. I never had a problem with Wells Fargo.
Speaking as someone that works at a different FI, the culture at WF is garbage, they can't stop committing fraud and paying the price for it, and it's only a matter of time until a regulator gets fed up and makes a real example of them. Hell, they had someone die in one of their offices and no one cared for four days. Any financial institution that doesn't security sweep every floor daily is just asking for corruption, it's a sign of a larger problem of complacency and oversight.
WF rewards, been thinking about swap to a points card for miles bonus, but at the end of the day it's basically one round trip. I've been lazily fence sitting on the idea for about 6 months, very sloth like.
I'd want it out of WF myself. You could put it in a fidelity cash/sweep account (like SPAXX) until you figure out what to do with it. Or HYSA to get FDIC till you figure it out (you'd need a few institutions to fully get FDIC coverage).
Right but you can still open a brokerage account with WF and open a money market fund
Record credit card defaults Record student loan defaults Record auto payment delinquencies Banks are sitting on 500B in unrealized losses GOP budget on track to add another 2.5 Trillion to the deficit Moody's downgrade - not just the US, but JPM, BofA, WF And tariff related inflation hasn't really started to hit yet... I don't see a bull case for this market that doesn't involve magical thinking.
She still wants her Wells Fargo (WF) savings account, so till-death-do-we-part from WF. To her it helps here think in terms of buckets 🪣 When we married she had $80k in there. Stubbornness.
WF downgrades RDDT and we lose emojis, well they just lost an account and all $11 with it 
WF downgraded rddt due to enlarged emojis
I have been building a sizable RDDT position, todays WF Downgrade makes no sense. people do not come to RDDT for an AI Type answer, they come for the community views, opinions, images etc.. anyway. bought 68 shares premarket at $105.40 to top off to 3,600 shares. the 4 puts if in the money ill gladly take the other 400 to make it an even 4,000 if not ill sell puts every week till assigned.
Wells Fargo is a bunch if fucking ghouls. Never bank with WF.
Thanks for the info. During COVID, I discovered I needed to up my game when it came to credit, and I've been requesting CL increases every 3 months, opening new cards, etc. I often times get denied for CLI's, unfortunately. I've definitely built things up, but it's a game that's always improving. Did you know you can 're-allocate' credit limits with some card issuers ? Chase and Wells Frago will do this. If you have a card with a $500 CL and one with $19,500 CL, you can move $9,500 to the $500 card. Then both cards will have $10k. Some day when I open another Reflect, I'll move $8k from my other WF card, then my Reflect will have a credit limit that is even $8k higher than when I just opened it. Hopefully WSB will let you do another post, as it'd be really interesting to see where things are after you complete your next round of credit applications. I appreciate you sharing the specifics - it's really hard to find anyone else that is doing something similar, so your data points are very valuable to me.
JP Morgan, WF, and BlackRock earnings today 
I remember when high P/E ratios used to be a warning sign, so started selling a bit of the US in late 2024. Then with all this trade rhetoric starting around the US inauguration about historic allies, I figured this wasn’t going to be good and sold my stocks early February. Did get into non-US, mostly in a “developed” fund, looking at Buffett buying Japanese financial conglomerates and the wealthy buying into Europe. Also EU weapons makers. Now some of the big banks (WF, Citi) are telling their customers it’s ok to get start wading into the swimming pool, so I’m starting to nibble.
You just use the total summary. No need to list all transactions. WF provides the info.
Straight out of the Jerk: https://youtu.be/rSWBuZws30g?si=FFUX4pOKp1f2s0WF
I would be very happy with that. I’ve got a large (many times the size of my WF account) pre-IPO stake that I have been holding for a long time and that I would very much like to get liquid on.
It might drop 50%.  Source: WF. 
WF downgraded tesler to underweight. Watch this stupid shit moon. 
Yeah, WF at 2.5 is: 35% corp bonds, 26% US equity, 20% TIPs, and then it’s a long tail.
The CFPB existing is bearish. They protect people from corporations. See: WF
OP's upset that WF asked them to write, and they can't write well 🤔 😆
That is not true, possibly just WF policy. Just open any other brokerage account.
I mean they all basically offer it. I have a WF in walking distance to me, with prime discounts it’s the same or decently cheaper than comparable markets in my area
WF just upgraded from 206 to 215.
Doesn't seem like that's the case since rhe only actual ticker op provided was from GS and he said the banker was WF. Bank/Broker CDs are usually issued by the institution their are held at since they are fdic products
I mean isn’t the WF guy kinda already overseeing AMZN grocery?
TLH isn’t going to help with VOO dividends. I do both though. I use the WF TLH and hold VOO. The TLH helps offset my short term ESPP gains when I sell and diversify or ordinary income.
Just set up an account, did indeed take less than 5 mins as I already had a WF account (4.25% cash). Hope this was a smart choice, it’s my first time investing in S&P500 and a bit of a newbie, but wanted to start
WF didn't even need SSN for loans back then if you claimed religious exemptions. Also, never buy MSRs from WF or do business with them in general.
You are comparing apples to oranges with $70k to $40k comparison. The 40% return I cited generating $60k plus of capital losses is referencing WF’s legacy portfolio that includes international (emerging and developed) as well as mid and small cap US. The new S&P 500 offering from WF will track the S&P like SPY, but with losses harvested along the way that will create some slight variance (“tracking error”) with the vanilla index. Good luck out there 👍
OK. So let's say you invested $100k each 2 years ago in SPY and this WF fund. The SPY investment is +$70k and assuming you sell, you will be taxed at long term rates on the $70k...so at most 20% which leaves you at a net gain of $56k. The WF fund is +$40k, and even if you don't pay a penny of taxes on those gains, the SPY investment comes out better. In your specific situation, you would be able to roll the additional $20k of losses to future years, but that still only puts you $4k ahead of the SPY investment and only if you are in the highest tax bracket. This assumes that you don't have to use any of your losses to offset any short term gains that the WF fund may accrue: For example, they discuss selling Coke to buy Pepsi and then 31 days later, switching back possibly. One would assume that when the additional Pepsi shares are sold, you would have a gain. I get the theory behind it, I just don't think it plays out that way in reality most of the time. Maybe I'm missing something. Seems like everyone who uses WF is happy with it so you do you. I just always get skeptical when people start claiming that losing money is a good thing. Sometimes people act as if deductions are an IRS cheat code for free money.
You are misunderstanding how tax loss harvesting works - recommend you check out the links in the other replies below. The Investopedia link and WF white paper are good resources. The portfolio that has these harvested losses for me is up 40% over the timeframe when the losses were generated.
[here’s a bunch](https://www.fool.com/money/credit-cards/landing/top-credit-cards/?advertisingadgroupid=154591600282&advertisingadgroupname=ta-cc-co-adw-na-topbest-5-na-broad&advertisingcampaignid=20501194527&campaign_group=641519363944&gad_source=1&gbraid=0AAAAAC-fZv5j23uhc7MCLa3c-0wb8gLjo&gclid=CjwKCAiA34S7BhAtEiwACZzv4ROdtjdZWCvL6a7Ot2QS3Ypa2wmQj9rMV6oERnaHkc1zsZLvs1ZG9RoCAAUQAvD_BwE&publisher=ta-cc-co-adw-na-topbest-5-na-broad&utm_medium=cpc&utm_source=google&testId=ta-cc-topbest-core&cellId=0&campaign=the-ascent&source_system_name=fool_splitter) plenty of 15-18 rn. One 21 through WF if you want risk banking with them.
What happens if you change your mind? I bet it's tricky to manually unwind from 500+ stocks in your basket. And if you want to transfer to another brokerage? Are they buying fractional shares? Not gonna be easy. Great way for WF to lock you in.
WF has harvested over $60k of capital losses for me over the last several years. I would hardly call that BS. For 9 basis points, it's a heck of a deal.
Of course, Wells Fargo gets a mention. There are no regards like WF regards.
https://www.amazon.com/Art-Science-Technical-Analysis-Strategies/dp/1118115120?pd_rd_w=LxA84&content-id=amzn1.sym.8316a2b5-cd70-46ae-8cd3-b6d53778915d&pf_rd_p=8316a2b5-cd70-46ae-8cd3-b6d53778915d&pf_rd_r=R0N1DE35ZPSS3D6R48WF&pd_rd_wg=zQS2C&pd_rd_r=24df0d48-59e0-4f67-9907-aef74f4f0b69&pd_rd_i=1118115120&psc=1&ref_=pd_basp_m_rpt_ba_s_1_sc
WF special promo from earlier this year, good till next year :)
First off, move the WF savings money into Fidelity while you figure it out. The default core holding should earn \~4% interest as cash (it will most like be SPAXX as the default, you can change but SPAXX is fine.) You didn't say what a "good chunk" is or what the average expected house price is in your area... So I'd just guess and say each month just take 6% of your cash balance to split and put 2% in VOO, 2% in QQQM, and 2% in VT or VXUS. Keep doing that until you are ready to buy the house. To start off maybe do a larger first chunk as a baseline entry point and then just keep cycling the cash in. To me this seems simple for a beginner without getting more involved with other short term trading strategies.
then you work for small companies lol. apple, JPM, WF, BAC, Toyota, cisco, UHG all have apps running on mongo
WF is probably the worst big bank, which is saying a lot.
>Why do people care that Citi bank downgraded to a sell? It’s literally a bank that could potentially have to rival NU soon if they break into USA markets. Citi bank is just worried about a rapidly growing, amazing company. 1. They don't. Analyst ratings basically just reflect market sentiment. 2. This is huge cope. Citi is not worried about Nu. First, Nu doesn't really compete in a lot of spaces with Citi, like investment banking or many services outside of basically consumer banking. Second, customers at Citi aren't going to jump to Nu. The people who are banking with Citi are doing so because of the name brand/legacy/availability. Nu does not compare in those areas. Nu is competing for customers from banks like Ally if they come to the US, not Citi/JPM/WF. >If anything, the downgrade should be seen as a good sign. It shows that american banks like Citi are starting to feel a bit of pressure from how fast NU has been able to expand its user base. Hilarious lack of understanding about the banking market. You're clearly investing in something you don't understand. Good luck gambling.
You can't make a microchip without WF6 gas. You can't make this gas without tungsten powder. You can't get tungsten powder in the quantities needed from anyone else but China. See where this is going? If it's a broad tariff EVERY SINGLE MICROCHIP you buy will be more expensive. If you didn't know, almost everything has a chip inside.