forum thread Posted by ionxchanger • Dec 9, 2022
Dec 9, 2022 1:22 AM
forum thread Posted by ionxchanger • Dec 9, 2022
Dec 9, 2022 1:22 AM
Schwab Trading Starter Kit - $101 with $50 Initial Deposit
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Deposit Initial $50 to get free $101 worth of stock with Schwab Investing starter kit
Good for New customers or non-schwab customers ONLY
https://www.schwab.com/investing-starter-kit
Good for New customers or non-schwab customers ONLY
https://www.schwab.com/investing-starter-kit
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About the Poster
Deposit Initial $50 to get free $101 worth of stock with Schwab Investing starter kit
Good for New customers or non-schwab customers ONLY
https://www.schwab.com/investing-starter-kit
Good for New customers or non-schwab customers ONLY
https://www.schwab.com/investing-starter-kit
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The Schwab Starter Kit is intended to help you start investing. So with this offer, when you open your brokerage account, you will instruct Schwab to use the $101 cash bonus to place orders for you in the future to buy $20.20 fractional shares of each of the top 5 fractional shares by market capitalization in the S&P® 500 Index through Schwab Stock Slices™ (unless the orders are cancelled by you—see details below). The top 5 stocks will change from time-to-time. To see the top 5 fractional shares at any time, go to www.schwab.com/starterkit.
By agreeing to these terms and conditions you also agree to the Schwab Stock Slices Terms and Conditions, which you should review.
After you enroll in the offer, here's what will happen:
Two business days after your account is opened, Schwab will begin checking for qualifying deposits every business day. Once your qualifying deposit has been received, Schwab will credit the $101 cash bonus to your brokerage account at approximately 6:00 p.m. Eastern Time the next trading day. (If you make your qualifying deposit after 8:30 p.m. Eastern Time, Schwab will credit the $101 cash bonus at approximately 6:00 p.m. Eastern Time two trading days later.)
Schwab will send you an email about your 5 trade orders the night before the orders are placed.
Schwab will place the 5 orders for you ($20.20 fractional share orders for each of the top 5 stocks in the S&P 500) at approximately 8:00 p.m. Eastern Time the day the cash bonus is credited to your account, provided you maintain at least $50 in your brokerage account at that time.
You will have a short period of time (from approximately 8:00 p.m. Eastern Time until approximately 9:25 a.m. the next trading day) to cancel the orders.
To cancel the orders, you will need to go to the Order Status page on schwab.com or on any of Schwab's other trading platforms or call a Schwab representative at 800-435-4000.
If you cancel your orders, you will keep the $101 cash bonus and can save or invest it however you want.
If you take no action, the orders will be executed shortly after market open the next trading day. You will then see the fractional shares reflected in your account and Schwab will send you trade confirmations for the trades.
Note that if one company has multiple share classes of stock in the top 5, only the one with the most voting rights will be purchased. Please also note that the above process is specific to the Schwab Starter Kit offer and will not apply to any other trade orders you might place.
Additional important information you should know:
If you do not want to place orders to buy fractional shares or receive the $101 cash bonus as described above, you may open a Schwab brokerage account independent from the Schwab Starter Kit offer by going to schwab.com or the Schwab Mobile app.
This Schwab Starter Kit offer is limited to one per account, with no more than one account enrolled per client and does not apply to Schwab Bank High Yield Investor Checking® accounts, the Schwab Global Account™, joint accounts, trust accounts, custodial accounts, IRAs, ERISA-covered retirement plans, other tax-qualified retirement plans and accounts, education savings accounts, or accounts managed by independent investment advisors.
This offer is not transferable, saleable, or valid in conjunction with other offers and is available to U.S. residents only. Employees of any securities regulatory organization or exchange are not eligible. Other restrictions may apply.
The cash bonus will be reported on your Form 1099-INT. Any related taxes are your responsibility.
Schwab reserves the right to change the offer terms or terminate the offer at any time without notice.
This is a general offer and not specific to any individual investor. Neither Schwab nor any Schwab employee is determining whether investing in these 5 fractional shares is appropriate for you and your situation. You should consider your own circumstances and needs prior to deciding to enroll in the offer and investing in these 5 fractional shares with the $101 cash bonus. This offer is intended to help you learn more about investing by making an actual investment. You should consider the risks of investing generally and learn how to address them, including through diversification and asset allocation strategies. For more information about these and other investing principles, which can help address the risks of investing in a small number of similar stocks, see https://www.schwab.com/investing-principles.
Associated Required Disclosure
The "S&P 500® Index" is a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI") and has been licensed for use by Charles Schwab & Co., Inc. ("CS&Co"). Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). Schwab Stock Slices™ and Schwab Starter Kit™ are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® Index.
All other trademarks/logos appearing in this Charles Schwab ad are owned by their respective owners. The trademarks/logos are used to easily identify other public companies whose stock can be purchased through Schwab's fractional stock ownership program. Their inclusion in this ad is only for informational purposes and does not indicate any relationship, sponsorship, or endorsement between Charles Schwab and any of the companies that own those trademarks/logos
Actually their "streetsmart" application is … acceptable. Reminds me of windows 2000.1
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Also note that TDA's cash sweep account was the only one in the industry that broke the $1 during the financial crisis. TDA's Thinkorswim is good, but it's loaded with so many features, that sometimes a fix in one bug takes down another functional part of the program. There is NO way to disable the push software update.
BTW, the top five stocks in the SP500 are still in bubble territory. Un-loved XOM got kicked out of the DOW. But surprise, XOM vastly outperformed the DOW, SP500, and NASDAQ over the last two years.
Also note that TDA's cash sweep account was the only one in the industry that broke the $1 during the financial crisis. TDA's Thinkorswim is good, but it's loaded with so many features, that sometimes a fix in one bug takes down another functional part of the program. There is NO way to disable the push software update.
BTW, the top five stocks in the SP500 are still in bubble territory. Un-loved XOM got kicked out of the DOW. But surprise, XOM vastly outperformed the DOW, SP500, and NASDAQ over the last two years.
What I just learned is that Fidelity also has the offer but doesnt invest it for you. Starter pack , deposit $50 get $100 https://www.fidelity.co
What I just learned is that Fidelity also has the offer but doesnt invest it for you. Starter pack , deposit $50 get $100 https://www.fidelity.co
Indexing may not fare well in the next 3-5 years. Look for high quality issues with +5% yield. Qualified dividend is taxed at 15-20%. Energy is still under invested. Same with tobacco and some semi-conductors. There are several quality companies in the DOW with yield around 5%.
I may add some VOO if SP500 falls below 3400. Quality REITs are also attractive if they retrace to their recent lows.
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