Re:Schwab Removes U.S. Stock, ETF and Options Commissions
by arcticbull on Wednesday October 02, 2019 @11:46PM
(#21143439)
Cash management accounts actually pay really good interest rates these days. Personally I’d rather invest my cash and borrow against it on margin haha
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Re:Schwab Removes U.S. Stock, ETF and Options Commissions
by vinay427 on Thursday October 03, 2019 @12:08AM
(#21143587)
That normally is actually a better strategy. I love that Schwab lets you overdraft your checking account with no fees (if you choose), and they first try to pull cash out of your brokerage account before borrowing on margin.
Re:Schwab Removes U.S. Stock, ETF and Options Commissions
by arcticbull on Thursday October 03, 2019 @12:45AM
(#21143805)
That's actually fantastic. I just signed up for an Interactive Brokers debit card, which I'm hoping will do the same thing.