Wouldn't it have been great to go to G COB on the 18th and back to status quo COB on the 25th? Of course like many I would still be in G wondering when to put some back to stocks. Maybe some day I will find that magic solution for a quick % of profit preservation. Assuming the market goes back up. Which I am in the long term.
News from around the country is astounding and somewhat depressing. Not convinced that some things called criminal acts are not terrorism of some kind no matter what motivated the person allegedly performing the act. Is getting transferred to Hawaii really that bad?
On to more uplifting if mundane personal victories. I went to Chase Bank today to transfer an old IRA to my Credit Union. The person who looked up the account acted astounded that I was never contacted about other investment opportunities. Then she said they would not be able to transfer (roll over) the account to my credit union. So she cut me a cashier’s check and listed it as a distribution over 59 1/2. Whatever. I was pretty sure and since verified that if I put it in to another IRA within 60 days there is no penalty. I have since re-verified that. While the person at Chase was out "cutting" the check they sent a minion from investments in to try to get me to use one of their financial instruments. I declined. I drove to the Credit Union and deposited it in my IRA account. I am sure this will generate a form 1099 for the IRS but it's OK. CU said up to 10 business days for cashier’s check to clear. Whatever. I am so sick of banks. Supposedly the money will soon be immediately available to transfer elsewhere. It is earning a crappy 0.2% but better than the 0.0009% Chase was giving me for the last 12 years. My bad I admit.
I searched out this thread
How to get started outside TSP and read other threads in the Investment Portfolios forum.
Lots of good info, some old. Suggestions included Scott Trade, Vanguard, USAA, Morningstar (an ETF?), Option House, T Rowe Price. One suggestion I liked was starting out with ETFs that are familiar like SPY, AGG, EFA. I also like the idea of dividend paying stocks and reinvesting the dividends in shares. But baby steps first.
One question is if I get an oh sh*t moment and want to move it to safety, what would be my options?
I visited ETF Talk for the first time and though not real active it seems familiar.
I guess what I am looking to open somewhere is a self-directed brokerage account?
PO
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