Updated May 2024 with refreshed rates, new Preferred Deposit online initial deposit option, lower $1 minimum on money market funds. Merrill Edge is a self-directed brokerage arm of Bank of America and Merrill Lynch. They are a decent broker … [Read the rest]
Merrill Edge Brokerage: Best High Interest Rate Options on Cash (5%+ APY, Updated May 2024)
When Fintech Apps Break: Lessons From Juno, Yotta, Copper, Yieldstreet Wallet, Synapse, Evolve Bank Lawsuits
What happens when the technology behind a Fintech app breaks down? We found out last week, when unfortunately millions of users lost access to their funds (and still haven't gotten it back as far as I can tell, as of this writing 5pm ET 5/20/24). … [Read the rest]
IKEA Gift Card Promo: Buy $50 eGift Card, Get $10 eGift Card (Limit $500)
Buy a $50 IKEA eGift card, get bonus $10 eGift Card. That's $10 off every $60 of IKEA stuff, which seems pretty good. Limit $500 total gift cards purchased ($100 in bonus gift cards). The website URL is funky, but it is linked directly from the … [Read the rest]
Moomoo Investing App Promo: 1.5% Bonus on Assets Transferred (90 Day Hold, $300 Max)
Update May 2024. New 1.5% asset transfer promo. Brokerage app Moomoo is offering a 1.5% bonus on assets transferred (up to a $300 bonus on $20,000 transferred). The minimum hold period is 90 days. Valid only for new customers. Full terms here. … [Read the rest]
Morningstar Asset Class Correlation Charts 2024: 20-Year Historical Matrix
Morningstar has published their 2024 Diversification Landscape Update (direct link to PDF), another useful whitepaper for DIY investors that looks closer at the correlations between different asset classes. In their Key Takeaways, they note the … [Read the rest]
5.10% APY CDs, 5.10% APY No-Penalty CDs, 5.276% APY Savings via Raisin (Limited-Time Bonus Boost, up to $200)
Limited-time Referral Bonus Boost: The Raisin referral bonus for new accounts has been hiked for a limited time, doubled on some tiers and now up to $200. The new tiers are below. At the $5,000 and $10,000 amounts, the bonus works out to 1% of … [Read the rest]
Juno Finance App: Banking Interruptions, 5% APY and 5% Cashback Terminated
Update May 2024: Juno just sent out the following e-mail today, which may be the best of example of public relations double-speak that I've seen in a while. Look at all those meaningless words! 😳 Juno paid out a lot of above-average … [Read the rest]
2024 Berkshire Hathaway Annual Shareholder Meeting Video, Transcript, and Notes
The 2024 Berkshire Hathaway Annual Shareholder Meeting occurred on May 4th, 2024, and while there are lots of articles offering highlights (including this one), it's never the same feeling as tuning into the actual thing. I always find a few nuggets … [Read the rest]
Best Interest Rates on Cash Roundup – May 2024
Here's my monthly roundup of the best interest rates on cash as of May 2024, roughly sorted from shortest to longest maturities. There are lesser-known opportunities available to individual investors, often earning you a lot more money while keeping … [Read the rest]
Robinhood ACAT Bonus: 1% of Taxable Brokerage Assets Transferred w/ No Cap, 2-Year Hold
Offer is back, new deadline is June 28th. Robinhood has brought back their 1% ACAT Transfer bonus of a flat 1% of the transferred amount with no cap. That means a transfer of $10,000 in asset value from an external brokerage account will earn a … [Read the rest]
Merrill Edge + BofA Preferred Rewards = Up to $1,000 ACAT Transfer Bonus, Improved Credit Card Rewards
Updated May 2024. Merrill Edge is the self-directed brokerage arm formed after Bank of America and Merrill Lynch merged together. They are currently offering an increased cash bonus of up to $1,000 for moving "new money" or assets over to them from … [Read the rest]
Vanguard Adds New $100 Account Closure and Outgoing Transfer Fee
Vanguard recently announced some new and/or increased fees for their brokerage accounts. Here is their updated full commission & fee schedule. The following are effective July 1, 2024: Account closure and ACAT outgoing transfer fee: A $100 fee … [Read the rest]