Schwab's Troubles Continue: Is It The End Of The Schwab Era? | What's Happening With Schwab Bank?

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Buying At Par, Above Par & Below Par Different Types Of Bonds Wrap-Up 2. The Risks Of Bond Investing Seven Key Bond Risks Credit Risk Interest Rate Risk Reinvestment Risk/Call Risk Inflation Risk Liquidity Risk Currency Risk & Country Risk Bond Risk Mitigation Strategies Wrap-Up 3. US Treasuries Overview What Are US Treasuries Why Invest In Treasuries Where Can You Buy Treasuries How Are Treasuries Taxed Wrap-Up 4. Treasury Bills What Are Treasury Bills (T-Bills) When Do T-Bill Auctions Happen Where Should You Buy At Auction Auto-Roll When Buying At Auction Where To Find Recent Auction Results High Rate vs Investment Rate Reopening Auctions Cash Management Bills (CMBs) Buying & Selling On Secondary Market Wrap-Up 5. Treasury Notes & Bonds What Are Treasury Notes & Bonds When Do Auctions Happen Buying Treasury Notes & Bonds Auction High Yield vs Interest Rate Floating Rate Notes (FRNs) Treasury Zeros (STRIPS) Wrap-Up 6. TIPS (Inflation-Protected) What Are TIPS When Do TIPS Auctions Happen Nominal vs Real Yields Negative Yields How Do You Adjust TIPS For Inflation Taxes On Phantom Income Secondary Market Liquidity Wrap-Up 7. I-Bonds (Inflation-Protected) What Are I-Bonds How Does I-Bond Interest Work I-Bonds vs TIPS The Annual I-Bond Limit Wrap-Up 8. Agency Bonds The Universe Of Bonds What Are Agency Bonds How Are Agency Bonds Taxed Treasuries vs Agencies Who Might Want To Consider Agencies Yield-To-Call & Yield-To-Worst Where Can You Buy Agency Bonds Wrap-Up 9. Municipal Bonds Our Bond Universe Gets More Complex What Are Municipal Bonds How Safe Are Munis How Are Munis Taxed The De Minimis Rule Social Security & Medicare Premiums Treasuries, Agencies & Munis Who Might Want To Consider Munis Wrap-Up 10. Corporate Bonds Our Bond Universe Is Complete What Are Corporate Bonds How Safe Are Corporates Corporate Bond Hierarchies Five Key Features Of Corporate Bonds How Are Corporates Taxed Treasuries vs Corporates, Etc. Who Might Want To Buy Corporates Wrap-Up >>>>>>>>>> Here is the overview for Bond Masters: 1. Stocks vs Bonds Historical Performance Are Bonds Really Less Volatile Why Invest In Bonds Accumulation vs Decumulation Allocation of Stocks vs Bonds Wrap-Up 2. Which Bonds Might Be Right For You Treasuries & Other Types of Bonds Nominal vs Real Yields Inflation vs Non-Inflation-Protected Taxable vs Tax-Advantaged Accounts Wrap-Up 3. Bond Ladders & Other Bond Strategies Normal vs Inverted Yield Curve What Is A Bond Ladder 5 Important Bond Laddering Questions Laddering When Rates Are Rising Laddering When Rates Are Falling Laddering When Rates Are Uncertain What Is A Bullet What Is A Barbell Wrap-Up 4. Holding to Maturity vs Selling Early Why Hold to Maturity When To Sell Early Before Maturity Tax Implications Of Selling Early Wrap-Up 5. Individual Bonds, Bond Funds, Etc. Why Buy Individual Bonds Why Buy Bond Funds Bond Fund Considerations Key Bond Fund Concepts CDs vs Treasuries Other High-Yield Investments Wrap-Up 6. Our B.E.S.T. Model Portfolios By Age Our B.E.S.T Model Portfolios By Age Model Portfolios In The Industry B.E.S.T Model Portfolio Difference How Much Do You Need To Retire? How I Use The Rules of 100, 110, & 120 B.E.S.T Model Portfolios (20s) B.E.S.T Model Portfolios (30s & 40s) B.E.S.T Model Portfolios (50s & 60s) B.E.S.T Model Portfolios (70s+) Wrap-Up 7. The Decumulation Phase What Is The Decumulation Phase? Bear Markets & Recessions What Can You Do In Bad/Bear Markets Decumulation Tax Considerations The 4% Rule The Bucket Strategy The Flooring Approach Jen’s Bucket Strategy With A Twist Wrap-Up >>>>>>>>>> SOURCES & FOLLOW-UP VIDEOS FOR TODAY'S VIDEO: Schwab Q1 2024 Update: https://youtu.be/dRuieAoZ9PE Schwab Money Market Funds: https://youtu.be/Sydo00hfmJo How To Buy T-BIlls On Schwab: https://youtu.be/mPWiEDlVwsI www.google.com/finance/quote/SCHW:NYSE finance.yahoo.com/quote/SCHW/history/ www.aboutschwab.com/investor-relations www.schwab.com/cash-investments www.schwab.com/money-market-funds banks.data.fdic.gov/bankfind-suite/financialreport… >>>>>>>>>> Thanks for visiting our personal finance channel! We hope this content will help fast-track your financial journey! Everyone's financial journey is different. 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I am a Schwab and Fidelity customer and active trader. What is frustrating with Schwab is they don’t automatically move money from their money market to cash available to trade and if you sell it will not take effect until the next day. What compounds the frustration is that I place limit orders which may take several days to execute and in some cases won’t execute at all therefore losing interest on that money. Fidelity on the other hand allows you to place a trade and will automatically move the funds from their money market therefore you get interest up until the trade settles.

I’m invested with Schwabs CDs . It’s fdic protected . Not worrying about it

Running out of options for brokerage diversification...

I love my checking account at Schwab. I like the fact that they reimburse ATM fees and as you mentioned good customer service. I have a brokerage account with 20k in it so I’m well below the limit. I hope they can solve their issues because I would be sad to move away from them.

Thanks for this video. DO NOT,.. repeat,.. DO NOT move your account to Schwab. I moved an IRA account to them from Fidelity a couple of years ago. I trade pretty actively,... stocks, options, treasuries,.. in it and so real time updates to every column in the account screen is pretty critical. And over the last few months their account screen updates don't reflect accurate balances, stock & option prices, bids and asks,.... And this was before the Microsoft data center problem the end of last week. It cost me a couple thousand dollars in option losses last week. On Thursday and Friday when the real SHTF,... when even my JPM account wasn't operating properly, I had to go to Robinhood, where I have a small trading account, to verify quotes, bids and asks. I just could not count on Schwab's summary and especially the order placement and verification screen to provide accurate prices, bids and asks. I brought this up to Schwab when I originally found columns not reflecting accurate pricing updates and balances a couple of months ago. They told me their IT department would check into it. A few weeks later they even sent out a message to all clients that their IT was working on this issue. It wasn't fixed before the MSFT ordeal and it was exacerbated during it. I'm moving out of Schwab. Probably going back to Fidelity. Or maybe to CitiGroup, who because they don't have any brick and mortar branches in Texas pays 5% or so on cash balances,.. or they did when I thought about moving from JPM to them last year. Although Robinhood is is childishly wonky,.. it has some good points,. like it pays 5% on uninvested cash,..it's ok for trading options,.. which seems to be its focus,....it shows option orders on the account summary page while. it buries stock orders in a too inconvenient to track screen. And then you have to cancel the order and recreate a new to change the order... I don't even know if you can trade bonds,.. which I use my JPM account for mostly,... so it's no Fidelity. But I am definitely moving out of Schwab.

Jennifer, welcome back! So happy to see you looking healthy and full of energy. :) Thank you for the heads up on Schwab.

I’m a happy Schwab customer for more than 30 years.

It sounds to me that the banking side has grown so much that it has become a bit of a liability for them. So, they are doing the responsible thing and shrinking it back down to an easily manageable size. That will probably be better for Schwab in the long run.

Jennifer: Thanks for your take on the situation. I have been averaging down and buying more Schwab stock this week. I think the drop in share price is overblown and once the fed begins its cutting cycle, I expect the stock to rebound nicely. That said, i could be wrong. I have been a loyal Schwab customer for decades and have seen Schwab go through a multitude of ups and downs. I'm staying the course.

Thanks for the heads-up on SCHW. You really did tell what you think... I cannot grasp how someone can leave more than $100 in a brokerage/bank account that pays 0.45%. Personally ,it requires some work and planning on my part to transfer money from another online bank, which pays 5%, to SCHW, although it is worthwhile. I like the fee reimbursement on the ATM and the commission free Tbills purchased at auction; I stay below the SIPC limit and I am not planning to buy the SCHW stock anytime soon... In conclusion, 🤩Jennifer, you are always the best!

Most of my money is with Schwab. I’m an option trader who migrated from TD Ameritrade and love Think or Swim. I also have Fidelity, but don’t trade options in that account. Another great Schwab feature is that I can have money in SWVXX, while at the same time sell cash secured puts. I consider it “double dipping”.

Schwab has this statement regarding assets over SIPC limits: Does Schwab have any additional protections for client securities beyond those provided by SIPC? Yes, in addition to SIPC, Schwab clients receive an extra level of coverage through "excess SIPC" insurance protection for securities and cash. This helps ensure claims will be covered in the event of a brokerage firm failure and funds covered by SIPC protections are exhausted. Schwab's Excess SIPC program has a $600 million aggregate (meaning the most the program will pay for the Excess SIPC portion of the losses). Commodity interests, futures contracts and cash in futures accounts are not protected by SIPC.

Man I hope this isn't the end. My TD Ameritrade accounts just got converted to Schwab 3 months ago. I don't want to switch again.

One thing I noticed looking into Schwab checking accounts is you can't do international wires which is a drawback.

Thank you

I moved $1M from my Fidelity IRA to Schwab to get their $2500 xfer bonus offer. Now they're stuck there until Apr'25 if I wanna retain that bonus

You can't invest checking account $ into anything, because its used to pay bills...

The video is defending interesting and useful What I don’t understand is that. Say you are someone with substantial assets at Schwab investment in mix of stocks, etfs etc, 5-10m And you don’t invest into Schwab stock. What risk are you assuming by staying with Schwab?

Schwab bank did the same thing most other banks did with purchasing long term lower rate US Bonds.