Investing General Discussion

Araysar said:

how much you holding?

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Not a lot, like 20,000

A friend of mine opened a Fidelity account and transferred all his positions from RH to Fidelity.

When doing this RH charges a $75 fee.

That $75 fee is not happening as an ACH from his linked bank account, or via a bill sent to him by RH. It's showing up as a margin call on his new Fidelity account. A margin call on... nothing?

Have any of you other guys who are trying to move money out of RH had a similar thing happen?

I'm holding 121.5k right now. Im going to ride this rocket to the next galaxy like I did with Tesla.

I just transferred to fidelity. It was pretty painless, I did it from the fidelity side. Sad part is they say it can take up to 10 days...so not sure how long it will really take and I'll update the thread if people care when it's over on whether or not I encountered any issues. There was a line about moving options in there that made it sound like it could be problematic so I left those open in etrade and will close them out later.

Only shitty part was the little cash I had in my etrade account, they wanted a 25$ fee to wire it to fidelity

Khane said:

A friend of mine opened a Fidelity account and transferred all his positions from RH to Fidelity.

When doing this RH charges a $75 fee.

That $75 fee is not happening as an ACH from his linked bank account, or via a bill sent to him by RH. It's showing up as a margin call on his new Fidelity account. A margin call on... nothing?

Have any of you other guys who are trying to move money out of RH had a similar thing happen?

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i feel like i dodged a bullet wanting to put some funny money into a RH account 6 months ago. or at least a headache anyway. fuck that noise.

i should add that i use schwab, don't do anything fancy. they do extended hours and everything seems good enough for me at this point, we'll see how long this lasts.

Locnar said:

I don't think you are, but only the theaters with the very comfortable full recline seats and the latest tech will have a place I think. They'd have to pay ME to sit in a small regular folding-type chair to watch a movie. Oh also, I won't ever go to a movie at night anymore, not with all the joggers on their phones and screaming the whole time.

hmmmm.. maybe the niche for movie theater chains will be small after all...

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Not to mention a lot of people spent the last two stimulus payments on larger TV's and such.

SeanDoe1z1 said:

i feel like i dodged a bullet wanting to put some funny money into a RH account 6 months ago. or at least a headache anyway. fuck that noise.

i should add that i use schwab, don't do anything fancy. they do extended hours and everything seems good enough for me at this point, we'll see how long this lasts.

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RH has been decent with the xfer of money in/out for me. They've never charged me random fees or done shady stuff with my money. The only issue I had with them was the cockblock bullshit they pulled, but that's more than enough of a reason to never do business with them again.

Sanrith Descartes said:

Looks like FB, MSFT, UNH, JNJ and NFLX are propping up the market today. There is a lot of red outside those handful of megacaps.

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Almost all of my watchlist from my scans last night are green today.