35 Burst results for "Td Ameritrade"
"td ameritrade" Discussed on Biz Talk Radio
"Account at Vanguard. And a brokerage account at TD Ameritrade, Orry trade or one of those If it's a trading platform. So it is. They're they're all the same. They have little different. A little bit some differences in how they format things, but basically, you're going to get accomplished the exact same thing. At any one of those. In other words, if you want to put You know, $2000 in a particular stock or half you're going to be able to do it exactly. You know, it's not gonna be any difference. Nobody's charging fees is just gonna look a little different. I think from a service perspective, I think fidelity's brokers you can't maybe a little bit better. They have an 800 number there. You can You know what you said the account up that will help you. And you know, might be a little bit better. But you know they're all going to do the same thing. It is all it is, is a platform that is going to allow you to enter into the New York Stock Exchange. Or the NASDAQ Stock Exchange or whatever to buy a new individual stock or a half of some sort. Okay. Okay. One more quick question. Now, as I said, I'm certainly too Do I have to take thie? The, uh at the end of the year. I have to take the minimum required distribution. Yeah, Yeah. So you have to take that every year. Okay, You have to take that every year. Not working anymore, right? No, no, I'm not working. You have to take that. Now I recommend That you do all of your giving. If you if you give to your church if you give two ministries, whatever do all you're giving through. This. Hi IRA account. So all you're giving for that? Because that will count against your Minimum required distribution and you won't have to pay tax on the money. That's how you can use the money but avoid paying tax on. It s so all of your giving should be through that account. Okay, So you have a future security organization that I go through through. Do all that now you can take the money and then give it If you take the money and give it then you have to pay tax on it. It has to go directly from the account to them. So you can either get a cheque book from that account sometimes or you could call them and tell him you want to send X amount of dollars to your church. Okay? Okay? All right, Dan. Thank you really appreciate your help. All of you do and simplify, brother. Thank you. I appreciate that. I could help you. God bless you. Good stuff. Go to Linda in Montana. Good morning, Dan. I just wantto thank you so much for your work that you do there. I appreciate your new the part of the program and well as your financial God bless you. Thank you. I have a few questions. I have a lot of contributory a as well as a rollover Harry in Schwab, and I was just wondering, I wantto do something better with it. And wondered what you recommended They are. One is the rock contributory area is $9200 and the rollover is about 12,400. And are you retired, retired. I am required my husband self employed. We do not take anything We're living on our social security and another little The money income, but we're not taking anything out of our indefinitely. So, Yeah. I mean, I don't know what you're in like it. Do you have any investments in those accounts? I have no idea. Okay. I have no idea what they're in. They were just a retirement fund and then the other the rollover with money from when I was a nurse, and I gave shelter to shelter, the new evil all my life. I didn't get into a pension with the other place so I don't really know. And then the roll over the rock contributory had been in a reach for whatever.
"td ameritrade" Discussed on WLS-AM 890
"Reallocations to kind of get your portfolio in line with. You know what your truest tolerances is today, and I'm going so two things that can happen. Number one is time goes by, I was going to say sometimes times. Time could go by so fast that you don't even realize And it's not necessarily a top of mind thing. You've got a gazillion other things going on in your world. So Hey, let's look at re balancing our portfolio. Probably not on the top five Top 10 list of things You have to get done this week. No, that's ah, that often gets put off. Put off. Put off. Yeah, Yeah, yeah. You know what? You're right. That is something we should do. Later, and all of a sudden later is a year later two years later. Exactly. And you know what? So that's where time can get you. But the other thing that can get you, Jen it it doesn't necessarily have to take a lot of time. Years is Just growth, right? So I don't just given example if you had Ah 70 30 type of portfolio and he had 70% equities and 30%. You know when in bonds or what have you And let's just say you had a really good six months. A really good year, Right? Right on, you know, so you had a good year. Well If 70% of your portfolio let's just say made 20% returns And then the 30% only made you know a 3% return 4% return the bonds. So The point is the lion cheerier accounts because they grew faster than the more conservative portion of your assets in no time. Blink your eyes and your account could be totally off kilter. Yes, for us How It's balanced with your risk. I great makes sense. Yes, Absolutely. So, I mean, it's a good thing, but it still could knock things out of balance. Absolutely. And there's many, many different cool things that you may not be aware of your for instance, we worked through it. If you're working with us your money, it's important to know your money is not sitting at Goldstone Financial Group, right, so it's not In the walls of our company right here in Oakbrook Know we work with major custodians like fidelity like TD Ameritrade and TD Ameritrade. Charles Schwab just can emerge together here. So your money sitting with those companies, your account statements come from them. Everything's from given example. TD. Ameritrade institutional, not retail that we worked through. He has a pretty cool thing called I Rebel. And and it'll kinda automatically re balance the accounts. As certain accounts grow in certain positions grow. It'll automatically re balance it for you to kind of always keep you In line so you don't get off kilter. Does that make sense? Yes, because of kilter because then can sometimes end up meaning a nasty surprise later on. Yes. We don't want nasties prizes here on No, no, no, We like surprises that involve flowers and chocolate. That's Yeah, sure. I'll take a chocolate part to keep the flowers I'll take. I'll take the chocolate. Don't know. Right now. I'd fight your for chocolate. It's 2020 Come on. Well, that's that's true going into the fall. Yeah, good shot with good time of the year to have, But But But yes, So it's really making sure that you keep up with it right? And one of the things that will do for ws listeners give us a call come out to visit with us it and we Have AH, great planet's risk allies and we can take every position you have. Don't worry. We do all the heavy lifting, right. So right off your account statements. I don't care Blackout your account number if you want. It doesn't matter. That's where fiduciary you know, anyway, doesn't but we just need all the ticker symbols. Then we can plug all those things in and kind of measure the risen. What's cool is it doesn't just say Okay, your accounts moderate, conservative, aggressive? No, that's very, very basic. This could actually measure You know, with extreme accuracy. What if we saw a repeat of you know, February march of this year? What would have your portfolio if we saw, you know a repeat of 2000? What if Oil prices, you know, Rose or fell. What if inflation did this that so there's all these different scenarios that we can plug into the software literally, like hundreds and This way. You really know where you're at in many people, Jen, you know, we helped a couple recently came in to visit with us and and they told me. Hey, Anthony. You know we're getting ready to retire here. They were age 65 66, they said. We feel like we had ah, kind of a scare at the start of this year because in February march of this year, the market just Taint. You know, you saw the Dow lose almost 37% in like 22 trading day. So they said, You know, we had a little bit of a scare as we were, you know, getting close to retiring here. And we feel very fortunate that we have the bounce that a lot of that has come back up and it kind of V shaped recovery. But they said, You know what? Yesterday? We can't afford to have that happen again. We're all right. We're at a stage in our life that we can't afford to know. Balance. 40%. Bouncy, bouncy. Well, they didn't use those words, but no, no bouncy and our account right now know, and and it was one of these kind of white your brow and safe. You okay? Dodged that one. But that bullet got it back yet. But the warning heating, though, Yeah. What's the old saying? Once? Shame on you. Shame on me and Jen. In reality. I personally feel that it's We have a gift. It is an absolute gift that the market has come back up. Still quickly, despite the fact of, you know, still pretty horrible unemployment, you know, numbers out there and everything else Just do do the cove it impact right so The bottom line is we have an opportunity in which were at a time of the year we're leading up to. Ah, major presidential election where anything goes. It's anyone's guess who's gonna win, right? Yeah. And I mean, a lot of people are surprised at 2016. So you know, nobody knows what this is gonna how it's gonna end here and what consequences can come of it, but When the dust settles as we get closer to this, you know, election coming up here. I'm predicting we're going to see Probably more and more volatility. Oh, yeah, I know. Stunned if we didn't, honestly, exactly, And you know what that just legion said, believe. Hey, look, This is a really good opportunity. Two while things are somewhat coma at the moment, this 20 twenties version of calm well, okay, the market you know, At least the markets aren't going. Oh, yes, Spastic agreed in March of this year. Exactly. This is this is the This is 20 twenties version of calm, so take advantage of it because Wu is coming. Yeah, exactly. I mean, look at the S and P. I mean he's climbed whatever I mean, almost 45% or something to extend since You don't market low and in March, so thes air good times while we have this. Who knows, is it Is it a calm before storm? I don't know this chart tax just going to get thrown upside down on their head in skyrocket. I don't know, but All I know is limited in the present right at this moment and looking uh, what's ahead? All I know is this is a really darn good time to take action and helped create a plan. Before things get crazy, and not to mention We're coming up on holidays and everything else this year. Yeah, so you know what? Sit down, you know, give us a shout, Sit down with one of our fiduciary advisers weaken. Run a risk Allies assessment on your existing portfolio. We may point out some things that you weren't aware of. You know what we'll run? Ah, fie analysis for you. We know where the hidden land mines are internal cost that don't show up on Your statement so we can educate you on how much you're truly being charged in cost. How much risk you're truly taking doesn't make sense to make some adjustments or leave it alone and then when we can also assess You know what are the best strategy is to kind of minimize the taxes that you're inevitably going to have to pay on your eye racing For one case, Gent, we help people all the time. No W s listeners out there. You know, people listening just like yourself on a daily weekly basis, You know, people are saving significant amounts of money on taxes on their IRA and 41 K counts were Creating plants so I would encourage you, you know, to do the same. And in question for you, you know? Are you the type of person who takes action in tackles, issues head on or you more likely to just kinda panic Freeze. And be reactive. So you know, today we're talking about four critical things that we feel you must do with your money and your investments..
Snowflake's Stock Price Soars in IPO
"Welcome to pass money a blockbuster debut for the biggest. IPO. Of the year cloud companies snowflake pricing. It's public offering at one hundred, twenty dollars a share closing at two hundred and fifty three dollars a share that is a gain of one hundred and eleven percent. But this isn't the first time. We've seen a monster move in public debut. Let's get to Bop Bassani with more on that Bob. Hello Melissa see you. So you think snowflake over one hundred percent of its first day is a big deal. Not really there's been plenty of companies that have had I ate POPs bigger than that this year loan and they include just take a look here. Biotech firm cure back was up two hundred and forty percent on its first day of trading software as a service firm big commerce up to one hundred percent biotech firm. Berkeley light of nearly two hundred cloud company and Seino up one hundred, ninety, six, percent insurance fintech firm lemonade up. Thirty nine percent on their first day of trading what they have in common is there either tech or biotech firms are they outliers marginally but the first day pop for IPO's this year is notably higher than usual. So the historic first they pop for an IPO usually about fourteen percent. That's. Historically but not this year the average I stay pop in two, thousand, twenty, thirty, six, percent. What's going on? It's not stocks are cheap. The multiple of tech stocks are historically high people are willing to pay more protect because there's just a higher degree of risk appetite out there, and if you're suddenly inspired to start buying these high flying IPO. Cautious. About this look after the first day the post first day returns of other high fliers is not encouraging. So there's been eleven IPO's this year that have popped more than one hundred percent. On the first day they have average a minus, one percent return from the first day closed forward. So be very careful Melissa here big pop on the first day for some of these. But after that very difficult to maintain continued momentum most about you bob thank you good to see you Bob Cassani and who is holding the bag in the aftermarket when these Ip has declined from the first day pop guy probably the retail investor this has been the story of the issue markets. Began though and it continues today. So. You wonder why people get exercise when they see things like this is exactly that I mean I'll say it I'm not. I'm not a banker I never was a banker and I'm sure to upset some people by saying this but. There's no way to put it other than the fact that this was completely misplaced. Now I'm sure the great bankers are J. P. Morgan and Goldman and whoever a city I think was on this deal and company will say, no, we price it right. You can't tell me that a company that has a seventy billion dollar market CAP, which was open it you know price at one twenty and tripled almost in price and had to be halted its some point today for price volatility was priced right and the people watching saying, how is this not a game I? Get it it it upsets me as well but that's the way the business works in that to me is problematic mill. Why does it upset me? WHAT'S THE PROBLEM Tim i? Think they thought it was valued at something investors in the market. Thought it was something else I mean that's the way the markets work right? Again, though it's it's it's terrible price discovery because you have some sense and bankers WANNA price and the companies want a price that deal that leaves him upside for investors but but to be clear this is three times more at least the guide from last week and so the the question really is, how can they be so far off environment where we know people are paying almost anything for growth and actually wear and cloud services but but ultimately, I think the real question is who gets access to this. IPO and the thing that's troubling is that this is not a fair game. And the allocation process is one that makes sense that there are plenty of opportunities for people who did not deserve big allocations to get them and I realized this ultimately. The dynamic of a company. First of all will say I want a certain institutional investor base on my cap stack and those are the people. I want my deal. I. Don't want certain people. Read investors typically are not the group that companies want There's a perception that they're going to be in their flipping those stocks faster. The reality is that there's a lot of hedge funds. They'd probably flip this thing aggressively today. So again to me, my issue is with the allocation process and that it's not. It's it's not a fair process maybe it's not supposed to be asked the bankers that because I think that's what this comes down to to be fair. There are some companies that actually say in the allocation that they want a certain amount to go to retail trading firms like a td Ameritrade for those firms. So then Dole out to retail investors but gosh, I think to brings up a good point in terms of the average per se popping thirty six percent this year that really shows you what this market is these days the search for growth and what investors are willing to pay for that growth. Yeah, and also you got to you have to factor in we're in a different environment. So the offering price is different than the opening price, and all of that is based on interactions with institutions trying to figure out supply demand while everyone is filming from podcast or from an ipad in their home. So it's very different than last year. Very different. The whole IPO process having said that it really speaks to the reach for growth. So, if you have the price action that we saw today. Think about it. It's Tim said you want to have if you're coming out as a public company, you WanNa, put your stock in institutions hands where they're less likely to flip out of that stock on the day of the. IPO. And that's where the whole system. Might be flawed, but it's worked this way for a tremendous amount of time, and there's always going to be a problem with any system anywhere.
"td ameritrade" Discussed on Biz Talk Radio
"You don't have to take required minimum distributions this year in 2020 Stuck coward. This is retire with integrity with Brian Bowen. That is if you don't want to. But three quarters of Americans don't even know that 77%, according to a recent TD Ameritrade survey said they don't even know that Brian the dangers of not knowing or understanding the various rules that relate to retirement planning. What are they? A lot of danger is not knowing the rules and retirement obviously. And knowing, you know, we had a client that didn't take their our requirement of distribution because they didn't need the income, right? They got the letters in the mail brought him all in saying, I think I should have opened this mail. This is a problem and well, what happens in our house? A lot is we're trying to figure out if it's real or not. Usually, these marketing are super clever and then making right nervous a little bit. But then you got to figure out which ones are actually really Some of them are even associating that they're putting logo's on for major financial institutions, not on the top left hand corner to implement that it looked like him, but just to be associated with right at the bottom, right hand corner, you know, have a little disclosure at the bottom that nobody reads. You know, it says it's not affiliated Thistle Security Administration. You know, I read that I'm not kidding. I read that just the other day and it was due because I was in the Navy. It was. It was a letter to my wife talking about your husband's retirement. Military retirement benefits first wouldn't retire from the military. I was just in the middle. There isn't for you. You didn't go enough time. Yeah, I don't know 20. And so that was the first red flag and then I kept going down the bottom and I look because dude, it looks so legit, legit and then the very, very bottom back of the page. Not affiliated in any way with the federal government of the U. S. U s government or something like that, But But so we shredded it up. But Laura was like, Wait a minute. What is this? Do any dope? I need to know what this is. So the rules of this the cares act altered Several Sze surrounding retirement accounts loans withdrawals for those who have either been medically or financially affected by covered 19. I wish they would change that and say who's been emotionally affected. Everyone muskets were still emotionally affected, but thes rules. Of course, The changes have been effect for months now, but they're still just a ton of confusion. I probably get a question at least once a week. I kind of think about taking his money should I should be able to do this. And so that's the issue. It's like you're free to take the money from attack if you want, But if you don't need it than to make sense to skip your arm. Do you know these again? Our people that air 72 are older? That need to take the required minimum distribution. So it's basically giving some time but did look if you were already plants were doing for a lot of folks. Look, you're really taking 30,000 year out. You're taking 40 already out. You re used to paying the tax. Let's just converted this year. You're still gonna pay the same taxes. You're used to that you're standing with holdings in anyways, let's just converted. And now that money is tax free to you in a Roth so like I mean, It's kind of like the pain you're used to. You know, if you work out consistently, there's not a whole lot of pain like I do a small little workout and I've talked about it with you Try to get you on even, you know, talked you into buying the system. It's 10 minutes. I don't really have any pain because it's so short and so quick. It's six times a week. If I did it only once a week could have pain because you'd be sore, But I'd do it so consistently. It's like the pain is Oh, I gotta pay all those taxes. If you're if you're already doing it, convert a little bit..
"td ameritrade" Discussed on Technovation with Peter High (CIO, CTO, CDO, CXO Interviews)
"All especially as we think about you know settlement and Clearing, and how do you make an overall ecosystem of investments You know much more robust digital, so that's also really really exciting you know as we as we think about the future and some were. We're continuing to monitor that, but those are kind of really the two major trends. It'll be interesting to see what our technology sort of emerged. But a lot of the things that you know I. Might be more interesting like some of the. Boys based trading boys based investing are they haven't quite taken on the same sort of take rate that I would have expected. People are still very wedded to their mobile phones. WanNa do everything through their phones, and so I think we we re focused more of our efforts. Within the APPS and what can we do with Ai within the APPS? Sort of. A lot of the standalone ecosystems, but you know as I think as opportunities present, themselves will continue to experiment and You know see. Things all too, but I certainly think in terms of things like artificial intelligence There's a lot more legs or the growth and sophistication of artificial intelligence engines. That's a great overview I appreciate that. Well Vj Sankar, thank you so much for taking time on technical today talking about your your role as cio of Td Ameritrade, what you see for the future within the organization a bit about your career path as well. It's been a great conversation. Yeah, thanks so much Peter for having me and look forward to interacting again in the near future. Thanks for tuning in join me on Thursday for a special episode, featuring Alvarado Pombo chief executive officer of PRONTO forms..
U.S. economy lost a total of 701,000 jobs in March
"The U. S. economy lost seven hundred and one thousand jobs last month as the corona virus precautions triggered business and school closures across the country the unemployment rate jumping nearly a full point to four point four percent JJ Kinahan with TD Ameritrade says even more bad news though could be around the corner you may be in line for another difficult report next month as the shut down sort of a business
Senate Passes Massive Stimulus Package
"Let's hear about the world of business and how it's affected by Kobe nineteen U. S. Senate last night approved a whopping two trillion two trillion dollars fiscal stimulus package to boost the economy and the legislation still has to pass the house well joining us now is the Philippines on all business desk it is is a massive figure the enormous two point two trillion U. S. dollars total size of the package to put that in context and said an hour ago the songs of the UK economy is two point six trillion dollars half the amount of money in just this particular package in there and others as well that the US is now pouring into its economy will do if they can get the legislation through the house of the bill provides aid to workers small businesses industries in packed it in recent weeks by the far so I spoke to the chief executive of TD Ameritrade Asia Chris pine Kenaston whether the markets were taking this positively well I will tell you they're taking if you just look two weeks ago you saw investors analysts will allow the globe that not only with the U. S. Congress not act quick enough its central banks would not quick enough that you know the fed would not quick enough it wouldn't do enough so we've seen not only from a central bank perspective that we've seen pulling all sorts of lovers over to backstop economies around the world US open up swap lines with nine different countries to help support keeping economy going now we have this massive stimulus package cannot be put into place now it's finally got over that hurdle from the Senate yeah I'm still a little bit worried you're just the way politics seem to work in the US as well as all sides of bipartisan agreement don't always seem to go hand in hand so I still anticipate a little bit of volatility and I wouldn't be surprised if the bill does not pass the house immediately and maybe have a little you know a couple other negotiation hearts before get past but I'm hopeful that we get something here before the weekend in the US does the bill contained the kinds of things that you as someone in the financial markets we're going to see in it or is that more that you would want to see done or perhaps less some of the main things are supporting small businesses yeah because if you don't what's more businesses in times like this is you will have no business could support you know what whether you have you know different parts of the United States they're shutting down for two weeks or four weeks you know to kind of be able to support a local business owner is by one of the most key initiatives in that whole plant because what I like to call it you know kind of that gig economy things that support the rest of the things that we all agree one does whether it's the what bars and restaurants in in the different parts of the effectors of just transportation and around all the support goes with that a lot of these people are crazy and once they work so if there's not support to keep those credit lines and keep those parts of the economy afloat yeah we could see a cratering up parts of the economy which I think this bill is a stimulus package people are hopeful that they will kind of have a lifeline at least here for the next kind of you know two to three months while we get a better grasp and find flat neck curve of the corona virus in the United States respond in their marriage Phil thank you very much
US added robust 273K jobs in February before virus escalated
"Pretty good jobs report overall for the month of February unemployment's down to three and a half percent is the U. S. created two hundred and seventy three thousand jobs a Washington watchdog Jamie to pre two point oh because our team covering a very strong month of job growth U. S. businesses added two hundred and seventy three thousand jobs in February the best month since may of twenty eighteen as the jobless rate move back down to the historically low level of three point five percent average wages were up nine cents an hour to twenty eight dollars and fifty two cents and Wall Street has been up and down despite the positive reports JJ Kinahan with TD Ameritrade says the market really isn't feeling the coronavirus yet when it comes on employment you think about when it started to hit might have been the last week of February a little bit of it started to hit the glass or things started to get canceled but these jobs already in place so it's the March report will truly start to see some of this
Global stock markets plunge on coronavirus fears
"Increasing worries about how the corona virus might affect the global economy meant a rough day for stocks sell was the word of the day yesterday as the Dow Jones industrial average dropped more than a thousand points the biggest point decline in more than two years investors fled to safe havens like gold which climbed for the eighth session in a row it is now reached a seven year high JJ Kinahan is chief market strategist with TD Ameritrade the market doesn't react well the unknowns the fact that we saw the corona virus spreading to parts of Europe now you have governments shutting down public buildings at cetera shares of travel health insurers and high flying technology stocks were among the hardest hit American Airlines dropped eight point five percent UnitedHealth group was off seven point eight percent and Facebook tumbled four point five percent the corona viruses hurt Chinese manufacturing exports and consumption this year include doing economic growth around the planet as factories worldwide depend on supply chain tied to China
"td ameritrade" Discussed on Biz Talk Radio
"And I'll tell you I'm sixty seven years old I'm a partner I thanks to you I have a brokerage account and my IRA those two are at TD Ameritrade you know my HSA I can no longer contribute and it earns nothing in the bank it's in a bank and so I'd like to do something more with it to grow it and I recently heard that fidelity now has a health savings account which I'm do you know about I'm assuming you just work at like any other brokerage account that's correct yes fidelity does but I I I TD Ameritrade doesn't I think they do there's something called lively that I just briefly looked at and and you work that through TD Ameritrade but I know what you're saying about TD Ameritrade do I want another account you know they'll go you know okay okay no you don't okay so yeah you would open up our HSA cancer Dougherty and it's just treated like any other investment account the only thing I well you don't really have to worry about deductibles at this point so really probably not an issue so yeah I think that's a great idea to do that I would be you know I'd be conservative about how you invest it for instance you might want to keep I don't know fifteen percent in I have all my all my first category on my buy list the cash thanks you might want to put it in that genie may find that I have I think it's like the third or fourth one down for your keep all your cash in there and maybe at least have you know fifteen percent in cash and then the other things try to stick to things like the utilities and are you know the large cap you know solid foundational kind of things okay so I will I wouldn't necessarily use your income portfolio percentages and like have another income portfolio in there or you can absolutely if you are that is that what you're using now the company so yeah I know you know you you definitely could so do you use the tracker bath yes okay really so I would just add whatever money is in the fidelity can indeed the same individual actor that's going to put you now under a little bit some of those areas and I would just I would just fill that accordingly I think that's a fine idea okay now one other question on that it is I have thought about I've been blessed with good health I have never taken anything out of the HSA for at that expense anything I've had been I just pay you know of my pocket but what if I just gradually got that money out of the HSA I know I'd have to pay some taxes on it but and and just you know put it used that can put into my regular brokerage account would be more profitable to do it that way less well I would say this I think it's a good idea to do it I I don't know that it would be more you know it's not going to be yeah more profitable it's going to be the same but at the same time I do think it's a good idea to you know pay the taxes on it and not be faced with the minimum required distribution us some day and not have to deal with that I would rather you get that in your investment account and get as much money as you can in your investment account so over the next few years you can probably get that done and it's I don't have an issue with you paying the tax on that at all okay okay I'll consider that died yeah yeah I think that's a great idea that back like that but yet on the other hand it's been stashed earning nothing for so long that it's ridiculous yeah yeah I know you got to get it to work yeah okay as and now you're in a position where you're never going to use the riders you know so yeah all right okay yeah okay all right thank you so much I appreciate it thank you for your partnership goblins but I let me go to Darryl in Mississippi had our Hey Dan how you doing good my wife and our partners will continue to be okay so much all you do thank you quick question regarding an investment investment firm called the cruise long portfolio Yanni comments on it no not really I mean I do I do I would I would just say to you that I would look at their holdings are there not biblically responsible if that if that is something that you're striving to do it's not going to be all Israeli companies are it is so keep that in mind as well but yeah I mean other than that I mean I haven't I haven't studied it but I do know that much about I appreciate so much all right thank you we go to Paul Mississippi Hey Paul hi Dan how are you good all right I'm forty seven I just recently found a program about a month ago my wife and I have a new teams each from our prior for one case we both changed jobs several years ago and were convinced by financial adviser to invest in a new case because of the the so called correction in the stock market when no bottle within has president out which are which are found out from this new this probably with some bad information my question for you I'm like yeah I'm forty seven hours forty eight I work for a school system R. sum in a in a pers retirement now she has a four one K. actually the nurse which we do it use a notation which is right outlet mature and then walk mower to something different or should we just car losses Malan and walking or something how how long have you had him down one we've had for about five years one for about six or seven I think it's a ten year maturity on both of the five member correct so what is to surrender charge you know what percentage it is I do not okay I would say I know that go ahead they they they wanna make about six and a half percent each year and at the time I figured that wasn't that wasn't bad it was better than what I could do an STD or anything else in the bank so yeah I would I would take a look at what your percentages you know there's a percentage of surrender charge they don't have to pay them each year goes down a little bit so it is you know I would say if it's are you you have more money than you started with right I do yeah yes I have so I would just start take a look at that I think that I don't think you should stay in there for sure and I think you need to make make the move I don't want you to take a loss I don't want you to take something that's positive and turning into something that's a negative but if you're gonna give up three percent you know I and and still be positive which I suspect you will be I I would do it I would move it now it is you know sooner rather than later I just moved into so you know I think at that point yeah I mean I think you've got to develop a a portfolio I mean I would I would look at your age group and look at what kind of portfolio that you want to develop for the long term unit do far far better than you would in that and nobody over the long term maybe you just now I'm gonna be putting up a an ECF portfolio and I'm going to you know B. B. are putting that out this I hope this weekend I'm I'm not a hundred percent certain I'm not a technical issue but if that works out I'll be able to load them up and if it does that might be a good thing for you to do you can just do that kind of forget about it and I think that would that would be are you going to contribute any money to yes what we have you know we have between three and five hundred dollars which money every month left over that we're wanting to start investigating okay I don't know if it's always this is a new PMR these and nobody's IRA annuities do you know they all they are okay the sellers to north American need something and I can't remember what the other one is different yeah yeah so you have to you have to roll it into a traditional IRA so you don't pay all the tax on it other won't be any penalties or tax and yeah I think you and you have to roam into two separate IRA accounts obviously because once in are they a Leicester both in your name no they're not they're one in each okay so yeah.
"td ameritrade" Discussed on SuperTalk WTN 99.7
"With TD Ameritrade institutional or begin account you don't know Hey we got the Dallas fed president Robert Kaplan says the fourth quarter economy is weak how would he know we haven't finished the fourth quarter we're just we're in the middle of the fourth quarter it's like saying Hey we're gonna lose this game how does he know well here's what it says from some disease all he was on sympathy today he says he expects US economic growth the slow substantially in the fourth quarter because business is worried about the train war or cutting their inventories now I heard somebody else on fox business today talking about spending consumer spending and consumer confidence they've never seen a higher they said the Dan this are expected to spend twice as much as they did last year on give the average were almost twice as much the average Dan last year spent about eight hundred Bucks on gifts for everybody this year they expect dads to spend twelve hundred Bucks on gifts for everybody average that's an average that's a lot of money for gifts for Christmas that's what we're talking about they say the holidays but I mean basically we're talking my Christmas arming but here's what Kaplan told C. N. B. C.'s Steve role is the least one during an interview on squawk box is we think the fourth quarter is going to be weak a trip to the anemic growth level two D. globalization in the form of tariffs the US and China have levied against each other in the trade war he didn't put a specific level where he thinks GDP gains will fall gauges from The New York in Atlanta for the rest of meaning rise of zero point seven percent and zero point four percent C. N. B. C.'s own rapid update measure of economists expectations what's the number closer to one point five percent Kaplan said the inventory reduction is probably cutting Hampel point all of GDP is is is means people have been the stocking and probably the reason they were destaca ing is there was a lot of pessimism over the last number of months over future growth prospects we think things will stabilize we've got a good chance to grow to percent next year over the long run he sees the U. S. growing and one point seven five two percent range though he said that even that that slowed pace could come under pressure it gets worse if we don't make some policy changes we think over the next five or ten years is going to be a going to slowly decline I'm not sure we I mean the it may be right I'm not an economist I just go by my feeling out there it just feels pretty darn good as far as the economy is concerned but if you're a girl scout don't feel like you have to hold anybody that's the message from the girl scouts they sent out another tweet they've done this before but the girl scouts of tweet has resurfaced a recommendation about how parents can help young girls handle affection girl scouts USA tweeted out a reminder and this is telling parents she doesn't owe anyone a hog not even of the holidays come on folks if we're talking about aunt Martha for crying out loud well you don't owe anybody hog the hugs or obviously they say this from CNN of a non sexual nature doting aunts and grandparents were inclined to big embraces in cheek pinches of holiday gatherings however the girl scouts post says this could set the stage for unexpected the emotional consequences we go think of it this way they sang telling your child that she always someone a hog either just because she hasn't seen this person in a while because they gave her a gift can set the stage for her questioning whether she always another person any type of physical affection when they've bought her dinner or done something else seemingly nice for her later in life so the hugging and Martha it means you're going to set yourself up to physical abuse the rest of your life I'm telling these people they've taken over these institutions are nuts they're actually nuts it also offers insight from girl scouts development or developmental psychologist Dr Andrea bass the omni Archibald says living girls decide when and how to show affection even the family members can help with quotes setting physical boundaries and expecting them to be respected even as they get older well I think what's going to happen is you got some girl is going to stand and not gonna hug and Martha Martha is going to get our feelings hurt and then mom says well she's just she's a stronger independence and actually what she's doing is being a little brats nothing wrong with hugging and Martha whenever you see your once a year well some people and waved away concern on social media accused the girl scouts of blowing an innocent family interaction out of proportion others pointed out that this has long been a very controversial topic in parenting circles it hands after CNN's Cheney a header wrote an article advocating for such a practice in twenty fifteen readers respond with various opinions some sheer difficult stories from their childhood they carried with them well into their adult years what from hugging an aunt one reader wrote I raise my children this way over twenty years ago why do we do this because I had been a victim of sexual abuse by a family friend for so many years as a child I didn't want my children to think that they had the hunger touch others unless the contact was wanted I think is a big difference between hockey and Martha and being sexually assaulted my uncle John so that's just me others didn't understand the big deal and argue that family obligation sometimes means doing uncomfortable things one reader road you're damn right you're gonna hold the woman who gave your mother father life so you could have a life girl scouts of history of taking on polarizing subjects regarding girls women and gender identity over the past few years parishes and religious groups have made Publix Publix splits with the organization because the girl scouts secular interests so here I read another store today this is from was it and they know any knows getting up beat up by the anti for folks remember him Australian trans athlete hello ham amount C. has been vocal about policies in sports she says discriminate against trans women well obviously in they got a video here Hannah she's a man man she's at least a head taller than everybody else and huge weight lifter but they're playing some sport I don't even know what this is a maybe it's an Australian thing and I apologize for not knowing it looks like soccer let's see what it is is this I don't know what this is okay I'm looking at what you use it it looks like a softball you throw it to and then you throw it into a soccer net what is that he might know what that is I'm not I but I don't think I've seen them before feel you're so stupid you don't know that is I don't know what that is is it bocce ball or something like I have no idea anyways this dude is dominating I mean just dominating these these women I wrote a newspaper column about this is going to be out tomorrow we're gonna destroy women's sports did you know this as I've done research I actually written about this before I did find this out there have been close to a dozen battle of the sexes in tennis starting in eighteen eighty eight you know this and every one of them the guy obliterated the woman except for Billie Jean King and Bobby Riggs and that's the only one you ever hear about did you know that Venus and Serena both were bragging about they could beat any guy in tennis so this dude who was ranked two hundred and third in the world challenges them the guy smoking a cigarette and drinking a beer when he walks up to the court take some on one by one beats both of man walks off of and they said we're we're never bring that up again did you know this you know Bobby Riggs got beat by Billie Jean King in nineteen seventy three did you realize it earlier that year he beat Margaret court she was ranked number one in the world nobody ever talks about the they only talk about no one where the dude got humiliated but my point on all this is there's a reason why we have women's sports and men's sports and I don't want to get in because yes some women get bent out of shape about it but it's just it's like this guy whatever whatever sport this is this guy's going to dominate he's about three or four times stronger he's much taller he's bigger broader all they do is throw the ball to him he throws in the navy kills everybody and then he'll probably win all sorts of awards and everything else and you know he'll probably gold medal somewhere in this sport because he's a guy and that's just the way it is guys generally are stronger and bigger than women I don't know if you've noticed that it's not always the case but it generally is the case and that's why we have women's sports men's sports let me ask you this how well do you think lebron James would do in the WNBA probably very well what if lebron well let's just take this list take some of the guys who didn't make the NBA how well do you think they do in the WNBA very well what if they all start deciding well one what's up with this why can I play in the WNBA and then they all play in the WNBA what happens to the women they don't play so this is the whole point about this we have women's sports in men's sports of separate for reason is because we love women's sports I mean think about this in college basketball if the guys went out for the women's team do you think they could be the women I think it's obvious what you're so sexist I'm just telling you the way it is I'm not this is not a sexist thing I'm trying to protect women's sports but we've got all these so called trans gender the by the way that such a moving target too it can be anybody who had it lopped off anybody who just likes to wear a skirt I mean it's a broad umbrella it's a big tent it includes anybody who quote unquote identifies as a woman and so you can have lebron James identify as a woman and going mop up in the W. NBA and then there won't be any W. NBA live it'll be just dudes and skirts but even on the court they're not in skirts are all wearing shorts so what is the matter I'm just telling you these people it it's the liberals pushing this and I I can't quite get my mind around what's going on other than they just love destroying social norms I think that's what it is and they run out of legitimate civil rights issues so now we're on the dudes in skirts PM in women's bathrooms.
Wall Street hitting new high for takeovers
"Corporate takeovers are happening at a scorching pace here's why and what it may mean I'm Jeff Cole the new fortune magazine with the fortune business update on one recent date more than sixty billion dollars of deals were announced Charles Schwab was buying TD Ameritrade the luxury conglomerate LVMH was buying Tiffany Novartis was buying a biotech firm Mitsubishi was buying an energy company and more the reasons are no mystery stock prices are near record highs so it's easy for companies to pay for an acquisition with stock interest rates are near record lows so it's easy for companies to borrow money to pay for an acquisition and investors have given private equity firms tons of cash to invest on their behalf so it's easy for those firms to pay cash what might it all mean experience shows that a flurry of merger activity may signal a market top as buyers who expected downturn rush to get deals done I'm
The Making of a Mammoth Merger: Charles Schwab and TD Ameritrade
"When Charles Schwab founded the first discount brokerage firm in nineteen seventy one a lot of Wall Street types thought it wouldn't work trading firms made their profit by charging customers trading fees but charging customers last did work nearly half a century later Schwab started under cutting the other guys once again by offering zero commission trades and that's leading to another major industry shift since they cut trading commissions to zero there's been a huge push to consolidate tons of pressure on all competitors Bloomberg's Erin Kirch felled ONJ wads acquisition of rival TD Ameritrade what it allows them to do is cut costs gain scale and that's gonna definitely Jack up pressure on others like E. trade Kirch Feld says we can expect even more takeovers among trading firms and twenty twenty financing still cheap equity markets are up so if you want to do a deal you want to do it now because we've seen a bull run over all of them in a for the last six years and nobody knows when that bubbles going to pop
Merger Monday, Bloomberg's Bid, Holiday Movie Recs
"Good morning everybody. Welcome to Squawk box here on. CNBC we are live from the Nasdaq market site. In Times Square becky quick along with Joe Kernan and Andrew. Ross sorkin first step on this morning's pod a couple of updates on stories we've had our eyes on or IRS's on if you get your squawk through ear buds instead of on a screen. Remember in October when French luxury conglomerate. LVMH made a bid for New York's iconic jeweler tiffany. Well they up the bed the very shiny prize a big deal. This morning of the world's largest luxury goods company has now confirmed his reached a deal to buy tiffany. This has been quite at some time in the making the price tag this time. One hundred thirty five dollars per share in cash sixteen point two billion dollars total the largest ever in the luxury sector the boards both companies approving that deal yesterday afternoon and the transaction expected to close in the middle of next year will mark the end of Tiffany's one hundred eighty two year history as a standalone brand and a little blue box isn't changing but it does reflect the changes to remain independent amid increasing consolidation across retail and adding tiffany's Eddie Murphy to the portfolio will strengthen. LVMH's position forcing watches jewelry. The group acquired Gary and back in two thousand eleven eleven like Lvmh t LVMH T- LVMH. What if I would pay? How much would that cost the figure out to add a t not to do you think they should? I think they should add T. You think it's that important. Is that valuable important as those ugly back and look but what is amazing is that they did get him up. I mean this one hundred thirty five dollar price tag came up from one hundred twenty dollars recall when when this when when they first went after him and the question I think we threw out. There was whether they'd get one hundred thirty five bucks one hundred at forty. They didn't push back if you go back. And Look at tiffany stock even two or three years ago where it was relative to where it is today so I I mean the interesting stuff therefore therefore baby gifts like a little spoon. Yes in general. I don't know it's like super retail. I think Chinese people love in China. It's big and Chinese on these sorts of come here it's really be in the United States. Just me personally. I you know when you go to forty seventh street. I'm sure not. I mean I would rather go down there. forty-two the haggle. Well just don't pay absolute top dollar for for stuff that everybody else has and another deal. We've been following following Charles Schwab effort to buy. Td Ameritrade as of this morning. That's done to Charles. Schwab Corporation is going to be acquiring. Td Ameritrade this is a story. We we first reported last week. Td Ameritrade is now naming Stephen Boyle as the interim president president and CEO suspending their CEO. Search because obviously this will be taken care of with with this deal. Charles Schwab is offering issue is going to be issuing one point eight three seven shares for every td ameritrade share. That's out there We'll continue to keep an eye on says Charles Schwab saying that. Toronto Dominion Bank's going to be holding about thirteen percent of a stake in the combined company. You could see right now. Charles Schwab shares which ran up last week on. This news are right now down by about twenty two cents to forty seven ninety eight so maintaining basically the gains that they had seen last week on this when it was first announced. Td Ameritrade shares at this point indicated by about two point three percent. That's a gain of a dollar thirteen to forty nine twenty six again after they saw gains last week as well. Charles Schwab saying that they see this deal being fifteen to twenty percent of creative give to the adjusted earnings per share in the third year in the third year of this deal Schwab right. It's going to be called Schwab. This sounds sounds like a fun thing though analysts have looked at this and said because they both have very strong trading platforms. That you won't see as much of the accretion in terms at the probably both the Charles Schwab and td Ameritrade plan trading trading platforms operating. Because they don't overlap. There's some things the. TD AMERITRADE has like options for insurance little bit stronger. Charles Schwab has a lot of things like People who will talk to you and guide you through these things because of that the probably see some analysts analysts speculating around forty percent in terms of the accretion that they can kind of combine and put these together with those both platforms need to advertise separately swap box. Random House expected to be where you will see some of the. Oh no no no I got a double double down on both platforms. They say anything. But I close with this point break- fees and I don't know I. I have not seen that to me though the two issues. That will be interesting a break-up fee whether you interesting because you think out trust issue not so much on the consumer side but potentially For for all of the investment advisers out there really I mean I think collectively collectively they have like sixty seventy percent. Would you say this is that works serious antics three so they are two things there. There may be a look. Get that and so you you care about that issue. The other issue would be about deposits that that used to stay at. Td Bank so td Ameritrade used to run all their deposits. It's into Toronto. Dominion Inter Dominion. That was actually a huge fee generator for TV bank. And so once. If you take those out I assume Schwab is going to keep those Deposits in their own bank effectively. What that does to? TD LONG-TERM SO. These are some of the questions that I think at least in baking world. They're they're probably so but I don't know I'm GONNA. We'll look great deal. That's good news for holiday. Travelers gas prices down this quarter of the lumber survey the national average falling four cents cents to two dollars and sixty six cents per gallon drop is likely due to an increase in supply now that several refinery repair projects have been completed. Also a word of warning warning triple as saying Wednesday is the worst day of this holiday week to travel with trips taking as much as four times long four times two hundred percent longer due to congestion I in some weather issues. That could be a little more difficult Wednesday out of on the East Coast here starting in Colorado and coming across do you. ooh The minivan. Yes sir. What about it? Is there a a hybrid model that you can buy make hybrid models. That'll make a cool or no. Let's give it up for just wondering why you haven't truck Tesla. Yeah that's what I was saying. Why why aren't you? Just springing brings for something electric because you need a minivan supplements. There's no electric minivans or there's no My mic one. Now they're not cheap anymore. Ah Minivans by themselves this is unlike so like so many of you. That don't walk the walk when you talk about other stuff. The vacuum cleaner in the minivan is more important than
Markets hit fresh highs
"Trading we have got the down the S. and P. and nasdaq called advancing S. and P. and nasdaq they are it records right now the US be up nineteen a gain of six tenths of one percent nasdaq up one hundred points up one point two percent the Dow up one hundred and forty two points are by five tenths of one percent stocks climbed records on optimism over China trade relations and a fresh wave of merger and acquisition activity it is been a busy day over a day for the deal makers Schwall buying TD Ameritrade for twenty six billion dollars Schwab up one point three percent TD Ameritrade up six point seven
Charles Schwab to buy TD Ameritrade in $26-billion blockbuster brokerage deal
"Schwab is buying rival TD Ameritrade in in approximately twenty six billion dollar all stock deal blockbuster agreement xcelerated my disruption in the online brokerage
Charles Schwab to buy TD Ameritrade for $26 billion
"On it looks as if the Schwab addy Ameritrade deal TD Ameritrade Dale we'll go we'll go through Charles Schwab says it's buying TD Ameritrade in a twenty six billion dollar deal it's all stock it's expected to close sometime in the second half of next year could take up to three years for the brokerage firms to fully integrate the corporate headquarters of the combined firm will be in Texas but Schwab still has a very large and growing campus here in
Trade optimism lifts world stock markets
"Ron insana on Wall Street stocks heading higher and moving back towards record levels as world markets rallied on reports that China had offered some concessions in trade talking about greater protection for intellectual property something that moved Asian markets sharply higher Europe is also up in stock index futures advancing on this holiday shortened week the market also getting a boost from a merger Monday in which Charles Schwab as agreed to acquire TD Ameritrade for twenty six billion dollars LVMH the French luxury goods maker agreeing acquire Tiffany with a sweetened bid there is a lot of activity going on in MMA as we close out twenty nineteen it's been a very strong year in that regard meanwhile we have oil prices trending lower gold is down big coin is off six percent while interest rates are edging up the yield on ten year treasury approaching one point eight percent while the dollar is slightly firmer against key foreign currencies quieting down on the earnings front as we move through this week and then we also have a lot of economic data with new home sales durable goods orders and a second look at third quarter GDP all due out in the
Charles Schwab to buy TD Ameritrade in $26-billion blockbuster brokerage deal
"Charles Schwab has agreed to acquire TD Ameritrade the all star deals worth about twenty six billion dollars this comes following the industry jolted Schwab created it October when it cut its commissions to
Charles Schwab will buy TD Ameritrade for $26 billion in drastically altered stock brokerage sector
"Minute Charles Schwab says it will acquire TD Ameritrade in a multi billion dollar deal that will reshape the retail brokerage business Schwab agreed to acquire the other company in an all stock transaction that both say is valued at twenty six billion dollars were about forty dollars fifty cents per share now that's a nineteen percent premium based on Schwab's it share price as of its close on November
Charles Schwab In Talks To Buy TD Ameritrade
"Well here come the brokerage wars is Charles Schwab is expected to buy TD Ameritrade according to C. N. B. C. sources and shares of each were higher shares of rival each trade dropped because it's not the one being bought by
Big News for Brokerages
"Charles Schwab the largest publicly traded discount broker is reportedly in talks to buy the second largest publicly traded discount broker. Td Ameritrade this is part of an ongoing disruption in the brokerage industry. Here's here's a refresher. When trading stocks retail investors basically individuals investing for themselves and not for an organization pay a commission or fee to the broker or Ebro Grinch who completes the trade on their behalf? Of course it's not as great a deal for the investors as companies that collect those fees and have consequently faced pressure to reduce them and reduce them. They have J. P. Morgan Chase unveiled a free trading APP in August and within two months all the other major brokerages had followed suit or at least announced plans to follow suit. Td Ameritrade and Charles Schwab among them. But here's the RUB. The commission's contribute to the revenue of the brokerages who collect them and eliminating that revenue stream has worried shareholders golders. At any rate. The industry is changing. Here's Becky with today's story. Charles Schwab Corporation and talks by. Td Ameritrade and a deal could be announced as early today that move if it happens would consolidate an industry. That's been going through massive disruption calls to Schwab and td Ameritrade have not been returned but obviously the entire complex flex seems to be moving on this joining us to talk more about this as Mike Santoli and Mike. What do you think obviously blockbuster Bosox being up tells you that the market believes CBS? This area is crowded too much capacity and there's great synergies in a deal for cutting costs. I think that the going zero commissions was a sign that the the competition for retail assets had gotten to that. Also it's not just in commissions right. I mean the whole industry is going to very low fee exchange traded funds these these these kind of software based advisory services where it's a very low fee to all that stuff has been constant pressure. And I do think that you had Ameritrade take the biggest hit it really. In total market cap from Zero Commission move much more leverage to the trading business. It's been an industry. That's gotten rolled up a lot over the past decades but this this would be a real step up in that activity because you had had a bit of a low. And it's interesting you mentioned e-trade being down on each raiders vacillated about potentially being a seller being in place. It's been considered a potential target and Schwab Ameritrade obviously would be to the obvious buyers potentially coming from one of the and in fact Ameritrade typically viewed as a acquirer In fact maybe that's why some of the valuation was a little bit depressed because they just did by Scott Trade and it's unclear if they were going to continue to be a buyer. Also one interesting thing about this. This is both companies still have kind of the founder families with ownership. This is the first generation of this industry. It's never been passed down really so it's it's sort of a fascinating Joe talked about that earlier. Just about how this industry came out of nowhere. And he's going to the market together. Yeah when this company exists it's going to be ninety billion dollar company for how long how long how long are we going to beat about. I know I know but I I just think that there's a lot of it's GonNa come out of this value of three children and assets of restaurants that you can glean some kind of whatever and that's that's the day better than some I mean they would do some serious rationalization yes and there's parts of this business. I think they're culturally very different. And do you think they've gone head to head in an aggressive way to be either back end operations service of registered investment advisers which is basically the fastest growing part until the questions I'd ask are do you think that. What kind of savings do you think can really ring out of combined company like this and then in terms of is is back in technology? I think it's a marketing dollars. The Marketing Donald is going to be a big money cost of account. Acquisition is one the leading costs and technologies probably the leading costs so put them together. Combining headquarters remember. I mean. Td Ameritrade right you had td. Bought Waterhouse Ameritrade thinker Swim. There were all it was really a fragment so people know the playbook in terms of putting these companies together rationalizing trying to retain all the customers and getting the kind of picking the best operations that you have among the two companies so I do think I don't know the magnitude I haven't seen the estimates but the market is telling telling you the efficient and you think this is a response to Fintech effectively. It's a response to yeah to the to the Robin Hood. Venture capital. Subsidized is businesses. That are now pressuring these other guys to consolidate I think that's the most recent catalyst but even the development of those Robin Hoods and the Fintech businesses says just reflect the fact that retail finance has become software I mean even if you look at at Merrill Lynch what they've been doing with their human an advisory is skewing NAM upscale. And make sure you know for all of David Salomons efforts at Goldman Sachs to try to get some sticky money in there which is what then Marcus businesses all about. Why doesn't it traditional play? I'm not I'm not suggesting that go by. TD AMERITRADE and jump into this situation. But you'd think that all of these players would therefore be up for grabs for some of the classic sort of old school not beyond the realm at all right There's a huge chunk of all of the integrated brokers like Mike Marrow. Where eight is basically merrill edge it would right they call it where they kind of shunt you into a automated on a call center type right and so you know it's not incompatible with something like you know I think for Goldman Nicotine? It looked. We had the infrastructure. We have all the all the exchange memberships we had the back end. We can do ourselves into
Schwab-TD Ameritrade deal shows Trump rule-easing boon for financial M&A
"Good morning Charles Schwab is gonna buy TD Ameritrade if the deal goes through it will reshape the online brokerage sector that see a lot of competition from new entrants lately deal could be announced today with the twenty six billion dollar
Schwab's stock joins Ameritrade's in rallying at open on reported takeover talks
"On the corporate front we have reports that Josh what was in talks to buy TD Ameritrade that has a chance of TD Ameritrade up twenty four percent in early trading Charles Schwab is higher by ten
"td ameritrade" Discussed on Liberty Talk FM
"Is brought to you by TD Ameritrade not a fan of being surprised by hidden fees well the TD Ameritrade they charge just one straightforward price and give you everything you need to trade no hidden fees no surprises learn more at TD Ameritrade dot com slash pricing member SIPC. developments in the case of Jennifer Angelos the Connecticut mother of fly within missing since may lotus tulis the estranged husband of the missing mom was re arrested this week on tampering with evidence charges in the case his girlfriend Michelle trickled is turned herself in one day later to face new charges as well investigators reveal and the jewels arrest warrant that they believe he was lying in wait at Jennifer do losses home the day she went missing and then drove away in her vehicle with her body and bags of evidence inside police also say the tools used a truck belonging to one of his employees during the crime that later showed evidence of Jennifer do losses blood police allege your call is help with the cleanup in New Canaan Connecticut more angle foxnews shells opponents has since been released from custody a federal agency warning that a confusing application process is keeping thousands of people walked out of the student loan forgiveness program ninety nine percent of applicants to the public service loan forgiveness program had been denied the government accountability office reports that high denial rate is attributed to an eligibility rules added by the education department but not required by Congress the student loan forgiveness program was created in two thousand seven the help borrowers who work for public service employers for at least ten years Congress approved seven hundred million dollars to expand the program last year house Democrats now planning hearing about the accountability offices findings in Washington Jr Halpern fox news Washington national opera's issued a statement saying it's disturbing disheartened by new allegations of sexual misconduct and against opera legend Placido Domingo soprano Angela Turner Wilson Plame commingle raster when the two were performing together in nineteen ninety nine Steve Jobs guys right yeah looks like a real nasty moving back in with his parents what no X. broke my leg now there's a full blown move into the basement you're gonna be at work without that money from black. you might miss your rent I just moved out the owner man Hey I used to have my own place yeah. now I live with my mom what is cool hello can change but the life you love doesn't have to keep your lifestyle healthy with black. thanks.
"td ameritrade" Discussed on Newsradio 830 WCCO
"Okay. Here's you know, I wish the IRS as much as I love the IRS website, some of the rules were little bit more straightforward. It does make it a bit more difficult for us. The mortals out there. So why do we have to do half year kind of things? Okay, let's get to this. Here is a note from what is this woman's name? Hold on. Bernice. I'm a widow. I'm going to turn seventy and a half this year and some questions about taking my required minimum distribution. So here's what she's got. To annuity IRA accounts and Samaya money invested with a broker in a TD Ameritrade account. So is it best to take the our MD from each one of the annuities, and the IRA funds, the TD Ameritrade, or should I take the total from one or two of these accounts? The rule is you don't have to take money from each of your IRA accounts. If you have more than one IRA you can calculate your required minimum distribution for each IRA separately. But you can aggregate the amount you take you just take it from one. So I don't know whether it makes sense to annuity is your accounts or not. I don't know what those annuities are actually paying you or what the other investments are so you don't have to take a separate required minimum distribution from each account. But I don't know whether or not, you know, she, she falls up with a question about annuity ising may. Maybe a new would work well for you. I don't know you've got a really I need more information about what is the new itunes. -ation. What the cost of these annuities where where does it stand? And then the second so that so we need more information, excuse me, but the most important pieces, when you have multiple IRA's only take the chunk of money for all required minimum distributions from one account. Okay. Next question, if I receive more money from the armed e than I need to live on. It'd be a good investment choice. Totally depends. In other words, if you're distribution is twenty grand for the year and you only need to spend fifteen of it. I don't know what to do with the other five maybe put it into a safe. Checking saving money market account may be added to a general investment account. It depends what else is going on. So I just want you to know that Bernice finishes this by saying, I'm asking for your assistance because I am not too confident in the advice, I get from my current financial advisor. You know talk about burying the lead. This to me is the critical part of Bernice 's question. Why are you still with someone who you have no confidence him or not, too much confidence? I think it's time to get a new adviser or shop around at least. Okay. Barry, his writing in with a subject parent loan nightmare..
"td ameritrade" Discussed on MAD MONEY W/ JIM CRAMER
"Every day way. Home can work, Vida. I bought it at about one forty how much broken. Stockers pin remembered still pay for the plastic. Wanna miss this bottle Kelly doing great don't forget MasterCard. That's terrific to we're not done. We need to go to land in Kansas land. And. I'm finding that can say recently pitch finnick corporation to competition. Sick. You're Nash bad. Why not bad? It's an interesting idea too little spec. But I think it's a very good idea. Let's go to Casey in Georgia, Casey, Jim from Atlanta, Georgia. All right. Your perspective on you Fiqh Whitney network. They announced earnings next week and have about a great run this year. Up seventy percent. That's a tough one. I cannot uphill on that one. All I can say is that run don't fun and that Liz. Food other. Oh. Lightning round is sponsored by TD Ameritrade. How pit bull market from Georgia. Jim. Hey, what's between luck? Wheelbarrow only. One of them works push. I need. The KOMO g sad face. Go pound sand. So keep those positive mine this, but Phil from the tree maybe put matters swat their heads back to the hammers perform a manager excise in the first amendment writing incredibly stupid things having fathers book if not for buffets, Kylie Jenner light following eighteen million one incident. Thank you get Heather she died today. I we cosmetics over commissions, Kylie, so far this show. Do you have an emoji equine? I have a heart..
"td ameritrade" Discussed on DataFramed
"We've got somebody who has some level of expertise or considerable amount of experience in all those fields. And that makes it a very collaborative environment for our teams exploring. That's really cool. How big is the team? So about twelve or so people that's a really nice size with those types of skills since it does so own ask you about a challenge. Such teams can present part of my background is working in a cell biology lab in biophysics and thinking about silk roads, still division that these subsidies. We had physicists chemists biologists mathematicians such as myself or working together collaborating on so biological questions. Which means that you get a lot of different points of view, in essence, a lot of different types of creativity in a knowledge, everyone brings them up to the table. But a problem with that is that sometimes you not having the same conversation. Absolutely. That maybe that's the the benefit of having myself come from an academic setting where we had a, you know, I worked in large lab of twenty five plus post office in grad students and experimental researchers at the university of Michigan here and many of them to your point were either coming from physics engineering computer science mathematics about chemistries. That's my actually my background. Doing this computational chemistry type work and being able to understand the different viewpoints and understand what people bring to the table in itself is a very important thing. And having spent a good amount of time, they're realizing that there's no way even as a scientist or let alone a data scientists that you can know at all I think once you can set aside your eagle and realize that that the synergy that can be had with your collaborators can do amazing things. And I think that that's what, you know, having experienced that in the past when as we're building out our team here at TD Ameritrade. I think that's something that we very consciously keep at the top of mine and that we're not hiring the same people over and over again. In fact, my biggest thing is I'm not interested in hiring another Sean, right? What's important is that we have that diversity of experiences and thinking that really helps push the boundaries of what our team can look at for. Sure, I'm not sure I could handle another Hugo data champion. In all honesty. So you actually hiring at the moment right now, we're not, but we're always have openings up and coming in the future. But we also do have a data science team within the company here that also sits here in the office with us, and we're actively looking I'm also part of sort of enterprise wide initiative, which is an AI council. So I serve as a an advisory member of the internal council where we're looking at. How might we apply? It assigns an aspects of official diligence namely deep learning methods to help solve some real problems within the company and for those types of initiatives. I think that we're obviously going to be expanding into that realm. Even more over the next months. And so I'm sure that adding new team members will be a priority. So we'll put a linked to the you'll careers page in the show notes in any other resources that may help people who are interested in of the conversation. Like this great you smoke a bit to your background in scientific research in a lab. I'd love to know just a bit more about your background. And how. Got into data science originally. Yeah. Through maybe going a little bit further back when I was growing up I was actually coming from an Asian family. I thought that it would do me. Well, did venture down a path of becoming a physician and that never really panned out. I went to school for actually was a biology major with the with an emphasis on biochemistry, but I was actually doing that being very data driven. If you will in that, I chose that major because that was the major that had the highest probability of being accepted into a medical school in Canada. But that didn't pan out, but in school growing up, I was always very very good at math. So while doing biology, I actually did a minor in applied mathematics, and I spent a good amount of time doing research some research in computational field or in geometry field where I was exploring protein flexibility, and how that has fix on how proteins bind are different types of liggins and. And once my undergraduate career was coming to a close thinking about what was the next step in? It was recommended to me that I'm hey, maybe you should consider graduate school. And now it's up until that point something that had never considered and but looking into it. It was really a fantastic over opportunity. So I know that you had several I guess past data framed podcast guests such as Sebastian Rasha. Randy Olson who all I went to school at Michigan state. And that's right. That's actually why I went, and maybe a side note is that a Sebastian actually is sort of came after the my time there, I overlapped at the time that the that Randy was at Michigan state too. But it's the Bashan actually worked in a lab that I also rotated in as well. So we have a lot in common tool. And of course, you'll still and Sebastian and Randy roll like Strom members of the pie data community as well. Which is really cool. Yeah. Yeah. Maybe that's definitely that. That's important to us as well. So I I one of the coal. Organizers along with Ben Zayed Linden, Patricia. She choose to here in the community. And we run the high data and Arbor a monthly meet up. It's hosted here in the TD Ameritrade office. And we really spent a lot of time thinking about what the science means. And what value we can bring to the local data signs seen as well. As to some extent the startup scene. In fact, last month, our speaker is a senior legal counsel, and here TD Ameritrade who was invited to give a talk, and she talked about a topic that was titled privacy is isn't dead, which I thought was fascinating. And something that data. Scientists is important for all of us think about it's not so much of a, you know, necessarily putting your head down and crunching the numbers, right? There are people behind the data. Right. And it's important for us to all always consider the privacy aspect, but most Oliva talks are recorded in posted on YouTube. So I invite everybody to go check him out willing to them in the show notes as well. So grad school what happened after grad school during grad school. I did a lot of competition. Work. So I worked strictly in a dry lab. So did computer simulations of like protein DNA interactions some of the largest simulations of its time. Genomic stuff. Right. Right. Right. I think there's some overlap with some of your Michelle Lynn Gila as well. Who did some MDC simulations and? And. Let me if I'm wrong about molecular dynamics is simulating stuff on a really short timescale, but all the interactions, and you need a lot of computing power to do this right absolately. So I feel like a curmudgeon these days, right? Because when when when I was doing computer simulations, which is realistically not that long ago. We were using CPU's right in parallel computing on computers, and it probably took me about six months to year to produce several hundreds of nanoseconds or microseconds simulations, then we're talking about simulation time steps of PICO seconds here. And then now with the, you know, the growth of an usage of GP us people are basically reproducing simulations that Iran, right? But within weeks if not days, so people are maybe spoiled is it an exaggeration. But definitely not. I do have this vision of you being like back in my day. We never had GP us way. Did went got by with block. You know? Right. I love it. Right. So yeah. Grad school, molecular dynamics, then what happened. And so I. That's when I'm booth from Michigan state to the university of Michigan to become a post, doc. So as also in a very similar competition lab in this case of his doing simulations of protein protein, interactions protein are a and what sort of called core screen simulations where you can think about different scales of dynamics. So usually at the at Tom mystic level. You're looking at Adam to 'em at interactions. But would you are able to skill out using a more coarser grain type of model than you're looking at larger enlarge dynamics and being able to study that's always looking at so binding of proteins that might affect transcription? And so during that journey during essentially my entire PHD in post career, I think what people refer to as data science today. I was just referring to to doing science out of necessity arise. So things like applying. She analysis or k means clustering to look at what protein structures look very similar to each other. What are some of those dynamics people you call it machine learning these days? Around my colleagues. It was just a necessity again. Sure. Sure. And so then you transition from academia to industry, right? Yeah. I think a large part of that. I think may perhaps even some something that is not often talked about especially when moving from industry into from academia into industry, right or you in staying in. Academia is what happens when when you start growing up and becoming an adult and need to raise children nothing. It was precisely at the moment that I had a child that. I thought started thinking what is life mean? Right. Has it maybe perhaps existence you'll crisis? But in surpassing about whether or not I want to stay in academia, and also the what was a very competitive environment. In the academic Senate that that I was in start thinking about well, what would it mean to move into industry right into open also open up the options, especially with a funding scientific funding being very very challenging in also realizing too that maybe for the rest of my life. I'm not actually doing science and that probably end up either, you know, teach. Ching which I do enjoy. But also spending majoria my time reading papers and just writing grants and not actually doing fundamental research. I was a little bit depressing for me. And so I was very lucky a post that I had worked with who is now a faculty of the university of Michigan. Doctor Erin Frank who is a close collaborator. He worked with me. And he kind of asked me the question of did you ever consider data signs, and this was back in two thousand fourteen and up until that stage. I actually had never even heard of the phrase before. Right. Even with the digital sort of popularizing that term again data signs, and as I looked into some of the job postings that were out there. And I just kind of thought to myself like I feel like I have ninety percent of these skills that people are looking for in the other ten percent. I would be absolutely interested in learning more about and having so that curiosity, and so that's what I made the change and transition over to industry start looking for jobs out there.
"td ameritrade" Discussed on Biz Talk Radio
"The report, I don't want to miss that. We've got the report somebody wrote me a said does Craig no that the Chinese have agreed to buy all the soybean every day. Yes. Craig knows it better than you can imagine. So yes, Craig knows. I know we heard the president. We saw the reports. So yeah, we're making some headway in these talks is very very encouraging very exciting. So. Yeah. Anyway. Eight four four seven zero seven fifty five thirty three. So here's the deal. We've got the Agra fort I want to give you a little bit. But I I may have to go to a call before the Agra port. So I'm not going to have a lot of time. Just pump you off, but we go to the Agra port. But a man has been holding for a while. I'm gonna do that. But because Kevin Brady congressman Kevin Brady coming out with us in the next segment, and we're looking forward to having a congressman on with their. He is he's one of the good guys in Washington. So we're gonna talk to him that we're gonna get right back to phones. So let me just mention the indices right now dramatically up as I s am manufacturing index came in above expectations. This is another number not even close all these economists haven't had a day to day. But anyway. Well, that's good news, man. What a way to kick off January just keeps getting better and better. That's possible. All right here, we go. Problems. Let me go to Amanda. Hey, amanda. Hey, Dan, I will be quick wedding planning on quitting my job in April. I'm going to have another child dominant. They home take care of the kids don't have. But I do have a 4._0._1._K with my word. And I'm just wondering what's the? With transamerica. Where should I move it? Over already have a Roth IRA, I'm contributing to you and. What four one K? Yeah. Don't leave it there. Amanda, if you can do it. I would like you. Where's your Roth? And it is with Ameritrade TD Ameritrade. Okay. So if you could go to TD Ameritrade and opened up a traditional IRA account. Tell them what you're doing. You don't need any money to do. It just opened the account up. Let them know that you got a rollover from a work for a one K that's coming into it. And I would like you to do that that would be far better for you. And here's what I'd like you to do with. I'm I'm sorry. I'm talking fast. But here's what I'd like you to do with that. I would like you to use that use that portfolio, whatever that money is as part of your more aggressive positions as you follow the asset allocation model, okay? So in your Roth IRA, so so your Mike is you have a micro cap. If you if you've got if you wanna buy a couple of small caps companies, your, you know, your tech your tech companies. Let's see what else maybe tech in healthcare allocations. You could you could be focused on on that that's smaller amount. And I think that'd be a great way to go. I think that would serve you really well because you're not gonna be contributing to that. It's just going to sit there for thirty years or whatever it's going to be. So you might as well be fairly aggressive. Yes, you'll see some some downturns. It's not to say you won't have to manage it a little bit. There may be a couple of positions in there that you know, I put on my cell last or are up significantly and you want to sell out of or are. Just been a dog for years and you want to sell out of moves that money somewhere else. I mean, maybe some management, but for the most part since you're not contributing. I'd rather have. Yes. More risk. But the greatest opportunity to go up as well. That makes sense. Make. Amanda, I wish you all the best. And I want to thank you you and your husband for your commitment for you to take on. Now. The toughest job anybody could take on. And to be a stay at home. Mom. That's awesome. So I wish you all the best. And God bless you. Thank you. Good stuff. Eight four four seven or seven fifty five thirty three eight four four seven or seven fifty five thirty three. Now, we have a line open. But we're gonna we got our Agra poor coming up. And then we we've got an interview just one segment and interview with congressman Kevin Brady, all of you. And Kevin congressmens Brady's district that would be the Woodland's and Conroe Texas. Probably two of our biggest. Areas for the ministry. I'll tell you something if. Texas, arkansas. And virginia. So other big thing. Your biggest. I mean, there's a number states. I mean, we're in every state Louisiana's being a couple of others. But may have we lost those man, they are they are the ministry and wish you are appreciating. So I'm glad we're having Kevin Kevin Brady on great. Great great, great guy. So we thank you for all that speaking of Virginia tomorrow morning, you're going to be there. Richmond. Come on now. Tomorrow morning, nine o'clock. Don't make me work on a Saturday. And you not be there. So come on out. Richmond Virginia area grove avenue, Baptist church grove avenue Baptist church. You can go on our website under vents and pick up the address. So Richmond Virginia. Grove avenue Baptist church. Tomorrow morning, nine o'clock. We're gonna have a great time. Very laid back, come in your pajamas. If you want bring your coffee, so we're going to have a great time. So I hope we see there. I'm speaking tonight snowing. Hope I can get there at their shebab dinner. So here's Greg Haggar with Admiral Boorda, we'll be right back. This is Craig. Financial issues and updates through. February twenty eighth corn laws grown again yesterday. In.
"td ameritrade" Discussed on Biz Talk Radio
"Brokerage fidelity dot com. TD Ameritrade is another one. That's good. But each rate. Yeah. They're all I got some with with the company that I get through we walk inviting gar vanguard has a brokerage. So that's a good one the broker side. There's two there's two sides to van gardens. Fidelity one is mutual fund side one is individual brokerage where you can buy individual stocks are van garwood would be fine. Okay. All right. All right. Thank you. Thank you. All right. Thank you so much. Let me go to Paul Paul's corners from Texas. Paul. Good morning. The morning. I have. AL dot. I don't. Doc. Bankrupty? I'm wondering. This box hang on for a long time. You said PPNL, right? Yep. The. You mean p P and G? P P P and G is the one that's filed for bankruptcy. The wrong term analogy. From my list, you have it for my list..
"td ameritrade" Discussed on Dentist Money
"And I just don't like the fact that you can't be flexible and move and change brokerage account. Like, you're saying see the the brokerage house. Okay. Let's take like TD Ameritrade, for example. So there a brokerage. They make money on whether your money's there or not they make money on your money market deposits. They make money on some of the trading costs. If you see them give like encouraging you to like look at CNBC and download these apps. It's k- keep in mind. Like, some of these brokerages make money when you trade. Yeah. Okay. So the more you trade the happier. They are. So they'd like a lot of they like new free free charts to encourage your trade. Yeah. Like, dude, just as there's a sweet like, here's a look. Because he's candlesticks are candlestick. Yeah. You're gonna love love this just fall into green light red light. Yeah. Follow these in. So that you know, there's some there's some conflict of interest there. But you can pick up and move at any time. Right. You don't like their trade costs move to wab. There's literally like a button you can push. Go to swat, and you open up your name won't even sell anything. It just moves your account all the positions. It doesn't sell in each move to does not cost any money. No, there's no surrender fee for that. Now, just move it. It might cost transfer costs. It might be like thirty bucks or maybe the time. Most of the time because there's nothing sometimes TD Ameritrade will charge. You a small transfer fee for moving your academy, twenty bucks. Yeah. It's not as hand they got, you know, some but most of the time there's not, you know. Yeah. And it's not big enough to deter someone from moving though. Your life insurance companies? Like, yeah, you can have all your money back in do this. It's twenty bucks. I'm Don she. Yeah. But like most of the time it's like, well the first year, you lose all that money. It's gone now. And you'll never get it back. And oh, yeah. Anyway, so you can just move stuff. It's so portable so nice, so easy and that creates competition. Yeah. Because when when consumers have more options, and there's more companies competing for it. And then they know they have to order the other company has to offer better charts and better ten that's why I'm just saying that more for your trade. That's why the insurance company market is not advancing as fast as the rest of the technology in the investment world..
"td ameritrade" Discussed on WIBC 93.1FM
"Study by TD Ameritrade that says that you can predict how much money someone is gonna make by what type of music, they listen to isn't that something that is really interesting. I know I saw this. And I was like. Okay. So this is very interesting to me. So if you wanna make the most money, you got to be a fan of classical music because folks that listened to classical don't even know if it tells you how much money you're going to make it just tells you how much money somebody does may by what kind of music, they listen to like if like ladies, if you're getting ready to date somebody or if you are dating somebody that dude listens to certain kind of music, you could probably tell what kind of income isn't that funny, which means if you're on the prowl, ladies, you want to stay away from the dudes who listen to country because they are lowest on money scale or pop. Yeah. Pop is right behind him. So we've got the list of seven types of music with classical music earning people, the most wealth, followed by electronic music. That's like the EDM. Yeah. And then which is surprising. And then like classical is like an average of one hundred and fourteen. Thousand dollars a year electronic is around ninety two thousand a year. And then rap and hip hop in third just sixty nine thousand dollars a year that's wild then eighties and nineties music is like sixty seven thousand a year, then hard rock fifty five. Then pop sixty one and then country fifty eight in lower..
"td ameritrade" Discussed on The Daily
"The daily is brought to you by td ameritrade when it comes to investing each of us does it our own unique way some of us wanna go it alone others might prefer some guidance regardless of your style td ameritrade is always creating new solutions to help you from their ward winning technology to personalise guidance they have everything you need to invest on your terms visit td ameritrade dot com slash the daily to learn more and get started today so in this time line i six over mozell in june they declared a caliphate from there in july and then what i there was this kind of medina very soon within the first week of their arrival if he's like back or city terms because they began positioning people in traffic circles and they were handing out a pamphlet or flyer to people through the windows of their cars i on loudspeakers and then it was on flyers were news and the pamphlet was something called the charter of the city this is what we have we we abided by and it laid out in a constitution like form both the new rules under which the population would now be governed and you're saying that we are coming here in peace we want you to be equal are to handle their weapons and to to say that repentance their promise to the people their promise was you have lived under these infidel regimes you have seen what a disaster it's been now you're going to see a huge difference with the islamic state corruption is not going to be allowed there are now going to live in a virtuous society and that they are going to see the fruits of that virtue as a result of their citizenship in this caliphate.
"td ameritrade" Discussed on Ask Me Another
"Two support for this empire podcasts in the following message comes from td ameritrade did you know there is a simpler approach to investing driven by tedium mira trades advanced technology with essential portfolios pursuing your financial goals is now automated and easier than ever learn more by visiting td ameritrade dot com slash ask me and other dan what's unique about the human experience and what are we all have in common and guyroger every week on ted radio hour we go on a journey to the big ideas motions and discoveries that fill all of us with wonder find it on npr one or wherever you get your podcasts bloom boom boom boom this is npr's asked me another i'm jonathan golden here with puzzle gruber grape liska now here's your host oh fear a eisenberg john before the break we met our contestants heather and john soon jonathan colton will sing about things with mack in their name is jonathan a mac or epc turns out he's a human being okay with thoughts and some emotions thank you but first this check in with our contestants heather why do you right ya novels because i think it's a really hard for adults to develop a love of reading but for teenagers you can kind of trick them into thinking reading is cool and you can develop a love of reading at that age so what kind of themes in why a novels are you particularly into i tend to write novels about teenagers who fall in love but then it doesn't work out in the end.
"td ameritrade" Discussed on Invested: The Rule #1 Podcast
"Sites that are a little more friendly towards an amateur yellow to say i wouldn't recommend interactive brokers unless you really want to study it and be really careful you know what you're doing they're not looking for your business and and they're they're they want ten thousand dollars minimum before they'll even open an account so there you go the sites are looking more for the amateur investor our sites like td ameritrade schwab and thinker swear are sorry schwab td ameritrade and scott trade uh basically the steffi seattle yet eu trade scott trade now avenue scott trading etrade um but i've been definitely had accounts with schwab in i definitely had accounts with td ameritrade tedium our trade zone by td bank um they have definitely have an interest in mutual funds and assets under management so they're happy to get the amateur investor almost no minimum to open an account there they have lots of free stuff free to look at for for a business information about companies that you're looking at so we use them as a research site regularly and i do have an account opened there there are about i think they're like eight bucks for a trade so not substantially different from interactive brokers pretty different but with the added protection he presumably won't use the correct you might get where you think you get yeah right and then they have that you're doing it i mean if you're doing this investing the way were talking about it you're not making a lot of trades bright so it doesnt really in a gutter themdoes matter to the really little guy like if somebody's coming in here in started this with a thousand dollars yeah then a dos makes a difference member you've when you first started do of stuff i remember you were like splitting up your couple of thousand dollars in the different stocks and each time it was a trade and you had to pay the bucks it's like i know that was right after college and i decided i was going to invest.