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
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.
it's all over the place tbh depending on your needs. I'd have to say XM5 for when I'm at home , AirPod Pro 2 when i'm at the Office or out, Jabra when at gym or moving around. I like the Jabra Active Elite 75t's for the gym, really nice fit for me and stay in, you can also connect to 2 devices. they are annoying though cuz you need the left bud in for the mic to work, or both need to be in. The Sony's WF-1000 xm5 are pretty nice sound but you need a really good fit for the ANC to actually work well. SoundCore Liberty 4 NC are just all around a great package for the price. AirPod Pro 1 - were good but now behind Wendy's suckin dick cuz crackle noise AirPod Pro 2 - pretty awesome - dislike using at gym though because they fall out to easily (me problem, not AirPod problem imo) Samsung Galaxy Pro 2 - pretty good , no real complaints but nothing stellar to say about them either.
I wonder if this continues. Uber x Cap One: Savor One (now “Savor”) x Uber One partnership ended Nov 14. They are offering $3 vs $9/mo, for 3 months, for people to not cancel monthly subs right now. And Lyft x DoorDash x Bilt/WF x Chase have now unleashed their partnership till end of 2027, that imo is pretty competitive with Uber’s overpriced rides/food in most scenarios I’ve compared. I’m in a HCOL area and Lyft is arguably 10-30% cheaper most times. I’m saying puts because unless Uber x Cap one figure out a way to compete with the new DashPass deal with CSP, I think we’ll see a huge influx of those Uber people. And they’re giving us 3 years to figure that out. And a ridiculous amount of monthly benefits. I don’t know crap though.
Yeah if your ass isn’t heading back to the office asap your WFH is gonna become WF India or WFAI
my analysis was WF and JP popped like 5% and that's about it.
No you don't, you generally need to be an accredited investor. You also need to do business with an investment advisor or investment councillor that has access to these products. (Think JPM, GS, WF, etc...)
Amazon is 43X earnings, Wal mart is 40X. I'll bet Amazon is far more undervalued than Wal mart with AWS. I'm not selling a god damned thing. WF can say it's worth 180 it isn't.
Apparently port strikes are bullish for Amazon. I ordered a bunch of non perishable shit off Amazon Fresh / WF and so many things were out of stock 
lol yeah/ I remove them from JPM,Morgan Stanley, Goldman, Citi.because they are dead in my eyes lol. Plus as a private client- I knew never to touch them with a barge poll. The buffet love affair with WF always amazed me. But Citi has been plummeting for the last decade. I bet there will be further news stories of amazing cock ups.
What the fuck just happened to LUNR on WF trading platform? It showed up .28 and has now reset to -.01
Keep in mind , Buffett(BerkshireHathaway)..was a MAJOR shareholder of Wells Fargo, when they were pulling all of their shit. Now that Berkshire has pulled out of WF, the scams have stopped.
All of the WF funds were sold off years ago. Every single Wirehouse has its warts. None of them have perfect records. Shitty retail bank mgmt from almost a decade ago is no reason to rule out WFA. B of A has plenty of issues. ML used to be intertwined with Blackrock. If you are a ML client, are you wary of your advisor if they buy shares? Surely not.
Not any more? Admttedly, I've been out of the industry for nearly a decade, but there was a period of time where it was just a "given" that a bank would have its own suite of mutual funds, and the only people who sold them were the bank's own financial "advisors". Certainly Goldman and JPMorgan still have their own funds; if WF got out of that business, good for them. (But I still wouldn't do business with them.)
We've always done self-directed, even with EDJ. We had one EDJ FA leave, got a new one who later went out on his own, so we followed him, but our accounts stayed at EDJ. We moved and stayed with EDJ then. We only moved all the EDJ accounts to WF when EDJ went off the rails with their interpretation of the DOL fiduciary rules. We already had opened SEP IRAs at WF, so that consolidation was easy. I love the WF interfaces. If you don't do the work and like the person, follow him. If you like your current holdings most if not all can transfer in kind.
The crimes were pretty branch specific. They bought my old bank, so I guess you could say we're adopted. I held shares of Bank of America when they paid one of my clients by accident nearly $2,500 and it was three months in a row, emailing the ACH notification as "DuPage County IL" but we're not in IL. It took me months to get them to correct that error, but I didn't sell my shares over it. Evil is in the eye of the beholder. Greedy people are in all sorts of jobs. And mistakes happen. The OP didn't ask about leaving WF bank due to bad behavior. There are other financial advisors, but that also wasn't the question.
Transfer in kind. WF is the devil. Sorry they stole your fees, hope that's all they stole. What does "one stock and one managed account" mean?
Sure, but WF stole from a bunch of their own clients. Lots of times. Paid billions in fines for it. Why support such an evil firm?
Why not manage your existing accounts yourself? That's what I do. We each have self-directed Trad, Roth, one Joint brokerage. WF has a pretty good online interface, ratings tool, report writer, etc. I've done the Roth conversions and annual contributions all online.
NVDA Targets  DA Davidson: maintains $90 Benchmark: maintains $170 Baird: raises to $150 JPM: raises to $155 BOA: raises to $165 Truist: raises to $148 WF: raises to $165 New Street: lowers to $143 Rosenblatt: maintains $200
WF Its actually true?I actually checked. Totally didnt believe this but relly WF?Why? Wouldnt they have fixed it by now?
I'm considering moving $100k from Wealthfront to Robinhood in order to take advantage of 1% boost on deposits and also the 3% IRA match. * Mid 40s/USA * Unemployed. Receiving VA disability payments each month. My wife is employed (which I've read is necessary for myself to contribute to an IRA) * The majority of the $100k is used as our emergency fund. I will do no investing with it * My wife contributes to her 401k at work (17%) * We have a mortgage (2.25%) and two car payments (2.94% & 3.6%), no other debt * Main reasons for this: take advantage of the additional money from RH and start an IRA for myself I'm wondering if this is a good idea or if I should keep everything in WF. I realize I would need to pay for Gold at $5/mo. but I've also seen people mention something about taking advantage of free margin to make up that annual cost. I'm not sure if I even need an IRA for myself since my VA payments are supposed to continue for life. Maybe I skip the IRA and just invest on my own? Any thoughts or insights on this will be appreciated. Thanks.
Go to Schwab website, open an account of the proper type, give answers to questions asked, setup transfer of assets from WF. Second choice is to call Schwab and ask for help creating account and transferring assets. It is generally very easy and straightforward. There may be a few asset types that will not directly transfer and you'll have to sell. WF will likely charge an account closing fee but if you ask, Schwab will likely reimburse it. Schwab customer service is generally very good.
The organic Costco produce is pretty good. Whole Foods definitely better for fish & meat. I’m a fancy man so I like the line caught tuna fish. Exact same brand, $5.50 a can at WF, $16 for a six pack at Costco. So yeah, we do both - but we’re saving a small fortune by getting dried goods and some produce at Costco. Never mind cleaning products, paper towels, toilet paper, etc.
They didn’t cheat their customers out of money. They opened accounts to stack their books. Didn’t charge customers anything. I would never bank at WF after working there. But don’t be ignorant about what they exactly did
I wouldn’t go chase or put your wife’s faith in a private banker. I would do something with low fees + easy UI + good customer service + transparency and get your wife up to speed on each of your investments. I find Wealthfront very easy to use but am transitioning to Frec for DI which has even lower fees than WF.
I am at 3% gains over the last 3 years (2022 was bad). My advisor fee is 1.10%. I can't go back past 3 years because the financial advisors I was with switched brokerages and we followed them. I am pretty confident I am going to clean house and just put it in VOO. I have 3 brokerages now, Fidelity, WF and RH. Thinking of putting in Fidelity, any recommendations on brokers?
Yes you don't have the ability to include stocks/sectors at WF with DI. It is one of the other. My problem with Flec as I mentioned is the portfolio not the DI .
You can pick from 5 indexes and customize each of them by adding/excluding specific stocks and/or sectors. They said they are also adding more index options and making it so you can pause/unpause trading of individual stocks. On Wealthfront, at least when I was using it, I had to set a risk tolerance and forget it. To be fair, it’s been a bit since I used WF DI.
they addressed the WF analyst portion size social media post in the first 5 minutes 👀
they addressed the WF analyst portion size social media post in the first 5 minutes 👀
they addressed the WF analyst portion size social media post in the first 5 minutes 👀
Use Acorns! It rounds up your purchases and invests it, we honestly don’t even notice it! My acorns account is at almost 3k already! Here’s a start up link for anyone to use and we both get a free $5 investment from the company! Hey! Acorns makes it easy to save and invest. Join me and you’ll get a free $5 investment! As a perk of referring users, I can get a reward too. Learn more and see terms here. https://acorns.com/share/?advocate.partner_share_id=7575849646307751629&shareable_code=27WF6JG
I do like WF too. Learn a lot more. They're on Tubi now. It's all episodes I saw on YT already but beware the CrabCat
I remember this point in time because it's when I bought the stock and never sold. Only regret was not buying more. As a long time member I remember being dumbfounded at the WF reaction. They have one of the biggest moats of any company and do well in any economic environment.
How do we feel about the bank ERs tomorrow? JPM, WF and CITI?
Ultra conservative WF is at 3.1, you’re good.
Not Chase, but Wells Fargo. Been using it for like a decade. The most I ever got in interest was maybe $0.10 in a month. If WF came out with a $25/mo fee, it would take 25 years of interest to make one of those payments. I would immediately transfer everything to my credit union and close that account too. I already barely use it as is. Mostly just because my credit union does not have Zelle (at least to my knowledge), so I use it as a way to Zelle family members for bills and such.
Some 15-20 years ago I ditched wells fargo because they were going to charge a fee everytime customers used their ATM cards anywhere not a WF ATM. At first I was just going to write a ton of checks which would still be free out of spite, but I just bailed. I think they changed the plan to not do it after I and probably a lot of other people left.
Might wire all my money to WF and sit on cash
That’s just billing it to your 100 WF accounts you totally remember signing up for.
This is a WF “analyst”
Wait! I've heard this one... "Portion control" is code for the number of unauthroized accounts a WF staffer opens in a customer's name to secure a bonus, amaright?!? 75 "Burrito Bowls". That's a lotta hookers and blow!
WF analyst has $120 target on TSLA - just look at this stupid bears face. https://preview.redd.it/2aqloedqf6ad1.png?width=1288&format=png&auto=webp&s=1ba1aff051444984ee71b21f26e00eb197f69607
If I was to buy an underperforming major bank, it would be C before WF. Higher P/E, but way better price/book. Way more upside with C.
For sure, I’d just rather own JPM at the same multiple, believe they’re at low 12 too. WF just always seems to shoot them selves in the foot- rent credit card or mouse giggling being the last examples… those aren’t as major as the mortgage fiasco but just continues the long history of minimal positive wf news reports. On top of that their commercial and corporate banking practices have shit the bed over the last 5 years. But yes they will always have a base of depositors to fuel their consumer lending. I would just rather own another bank
I own Wells Fargo. The way I think of it is, I have a WF account. I hate the company and don't trust them with my money.... but I still have the account. They are going nowhere and will continue to take in the money. It's a money printing machine. Their P/E is 12.31 as well. I assume it will keep climbing while paying a div which should make it pretty appealing for a lot of people barring a recession.
Half a million dollars in a WF brokerage account is wild
No fan of WF but they did pay back the bail out in a year.
I have a. 4 month CD with WF (I know. But my family has been banking with them for 20+ years) and I use CapitalOne’s 360 Performance Savings (HYSA) because I already have a credit card with them, I really like their app interface and it was so quick and easy to open it.
Yeah totally true, how is anti afk bot unethical. It’s on WF if they are actually considering active screen time a performance metric, they created the situation where not only is the metric not tied to actual delivery, but easily game-able to boot.
Especially WF. They are the poster child of unethical behavior.
WF been "mouse jiggling" my fraud issue for months and im still out money. How do I fire them
"we fired a dozen employees not due to any substantive performance issues or complaints, but because they're fake key jigglers" Glad to see WF so tough on the issues that really matter
I think most lowered target for CRM - Deutsche went from $350 to $300, WF from $300 to $250, Raymond James from $380 to $325, JPM from $310 to $300 etc etc
Remember when JPM and WF were forced to buy failed banks by the government in some sort of a bailout, the government should be encouraging Nvidia to buy the shitshow that is Intel before the "Engineers" drive farther into earth's core!
[June of 2020 - February of 2021](https://testfol.io/?d=eJxNT8tOxDAM%2FBXkA6dUSivtCuWMOKIK9rJCq8o0Tgl4k8UNXaGq%2F45LD%2BCTHzPjmRkGzq%2FILQqeR3AzjAWldB4LgYPGNray%2B8rWYICS%2F7evK9tUzZ3uN8aEDK62WgbQv3cxBcYScwIXkEcy0OP4Fjhfwdm%2FoQtCn6p4JBT%2BVjXJzDEN3TUmv2L3djFwyVJC5pjV4ssMCc%2Bri%2Bfb9mZnrZJimmgs93GKXl0qqMiXfhTSaJh6etiePOZEii6x%2FyDZpLZ%2BFWuPhyc9Xkh6SuU3y3Iy4AUHdbyclh%2BIrmE3), SP500 has a CAGR of 37%. [June 2016 - February 2017](https://testfol.io/?d=eJxNT01LxEAM%2FSuSg6cpTAuuMmfxKEW9LLKU2Em7o7OZNTN2kdL%2FbmoPGnLIx3svLzOMMb1hbFHwlMHNkAtK6TwWAgeNrXeV1azBALH%2FN7%2BtbFM1dzrfGBNGcLXVMID%2BvQs8RCwhMbgBYyYDPebjENMFnP1rukHoUxX3hBK%2FVU1SjIHH7hLYr9idXQyck5QhxZDU4usMjKfVxfN1e3VjrZICT5TLfZiCV5cKKvKlF4X0NeSeHrYjj4lJ0SX0HySb1FavYu3%2B5UmXZ5KeuPz%2BshwMeMFRHS%2BH5QeSmGFB), SP500 has a CAGR of 20%. [June 2012 - February 2013](https://testfol.io/?d=eJxNT8tOxDAM%2FBXkA6dUSotYoZwRR1QBlxVaVaZxu4GsszihK1T133HpAXzyY2Y8M8MY0xvGFgVPGdwMuaCUzmMhcNDYuqnsrrI1GCD2%2F%2FY3lW2q5k73G2PCCK62WgbQv3eBh4glJAY3YMxkoMd8HGK6gLN%2FQzcIfarinlDit6pJijHw2F0C%2BxW7s4uBc5IypBiSWnydgfG0uni%2Bbq9urVVS4IlyuQ9T8OpSQUW%2B9KOQRkPu6WF78piYFF1C%2F0GySW39KtbuX570eCbpictvluVgwAuO6ng5LD%2BKqGE5), SP500 has a CAGR of 28%. I'm [linking to 2008 too](https://testfol.io/?d=eJxNT01PwzAM%2FSvIB06plFViGjkjjqjauExoqkzjlkDmDCd0QlX%2FOy49gE%2F%2BeO%2F5vQmGmF4xNih4zuAmyAWltB4LgYPa2l1lt5XdgAFi%2F29%2FX9m6qne6XxkjRnAbq2UA%2FXsbuI9YQmJwPcZMBjrMb31MV3D2b2h7oU9VPBJK%2FFY1STEGHtprYL9gt3Y2cElS%2BhRDUosvEzCeFxeH2%2BbmzlolBR4pl4cwBq8uFVTkSz8KaTTkjh7XJ0%2BJSdEldB8kq9TaL2LN8XmvxwtJR1x%2Bs8wnA15wUMfzaf4BlJJhQw%3D%3D), but that one might need a trigger warning.
Walmart is going to eat their lunch if they can find a way to make it appealing to higher earners. W+ is a good service. Free 2 hour grocery delivery is a game changer for us. We used to have Whole Foods $9.99 delivery but it’s expensive and WF is expensive. Free delivery on Walmart priced groceries is great. If I’m getting groceries, I may as well order pens, light bulbs, etc.
Ever since WF linked zelle straight to bank accounts (and many other major consumer banks have introduced a similar system) PayPal has become useless. Who wants to deal with a second party where you have to deal with transfer fees and long wait times when you can send money in an instant from your checking acc?
I love using them more than Chase (JPM), BoA, Citi, PNC, BBVA, and of course WF. Their app UI is slick, transfers are quick with my other accts, and have competitive interest rates. They also have fun little things in the app that keep you engaged. Will that be enough? Idk.
Big banks don't care if they are successful. JPM and WF don't notice or care if Sofi even exists
This was almost fifty years ago, but a good friend worked at a bank that started doing dirty things to try to keep people from closing accounts. I can't even remember the name of the bank, but it was a small one here in Seattle and ended up having to stop allowing withdrawals because of the run that caused. Sounds like Vanguard is in trouble just like the banks that do this since they are making customers angry and losing business in an attempt to keep deposits. Also, I think Schwab will pay the fee if you ask when doing the ACATS. They did for me, but they didn't pay all of the $2k in closing fees that Wells Fargo required. The absolutely stupid thing for WF is that I left three accounts open with a $0 balance because I didn't want to pay the fee so they're wasting money sending me mail. I emptied one of the accounts almost ten years ago. Also, I have two very old accounts over fifty years old that have a 1 cent balance that they couldn't transfer out so they keep spending money on those accounts, and I keep getting annoyed seeing that 1 cent remaining. The first one happened in 2008, so I'm beyond annoyed.
I have my taxable accounts in both Wealthfront and fidelity. There’s nothing you can’t do by yourself on fidelity that robo does. What I like most about robo is that it really forces you to stay the course, and for me personally my WF account actually does better than my self directed account as a result of this.
Lol I’m forced to use WF for my brokerage needs because of licensing
Similar situation with WF. Recently made offer on home and agent said WF was very competitive in our area (never got to the point I needed to apply as housing market is very hot here and offer not accepted). Maybe Jumbo loan or a regional thing? I also have a Morgan Stanley brokerage and they have private banking services. Older posts on reddit (in past) indicate MS was competitive, too. I suppose it pays to pre-shop a bit and to consider your banks. The only source I knocked off my list was Rocket.