So I'm thinking about combining all my investment accounts. I think I want to put them all in Vanguard, but I'm not sure if it is possible.
I currently have two stock/brokerage accounts at Scottrade.
A stock/brokerage account and target fund at Trowe.
A defunct 403(b) account from teaching at some place called Empower Retirement? (used to be at Valic AIG, but my former employer switched companies this year.)
A traditional ROTH at Vanguard.
Almost forgot - another stock account at Cap One - formerly Sharebuilder.
And then of course the accounts I have with my new employer. (These I plan to leave alone.)
The 403b and the TROWE target fund I think can be moved over with no problem. It's the stock accounts I'm not so sure about.
I want to consolidate these accounts as much as possible for two reasons - 1- ease of tracking/accounting, and 2 - less maintenance fees eating into profits.
I know I need to just call Vanguard and ask if it's possible to move stock only accounts over to them, but I seem to think about these kinds of things on the weekend or after business phone hours.
I don't want to sell my stock holdings, just move them to another ... holder? I'm not even sure if that is possible??
Anyway, I have this on a reminder note for the August business days I'll have off to call and get the ball rolling on as much as I can.
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Oh get this! I just got a message from J of airbnb fame ... the "friend" found an apartment and doesn't need her room after all. Too bad, so sad. :roll eyes:
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I've been on a bit of a junkfood binge the past few days. All that stuff I bought Thursday ... I had thought about returning some of it before I actually ate it ... Oh well. It was a good reminder that I actually like how I feel *without* eating all that junk *much* better than the opposite.
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I cashed out Bing for a $5 AGC yesterday. Today I am within less than 600 SBs of my second $25 Paypal for July. (Ngage is back ... which can be "watched" while doing stuff in another window at the same time ...)
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I've set my fitbit sleep thing on sensitive this last week. It sure has shown me why I'm so tired! For example, last night out of 6 hrs 30 minutes "asleep" 85 minutes of that time was "restless" or moving enough to shake the fitbit. Other nights had less hours of "sleep" with roughly the same restless minutes. I wish I could figure out how to change this. Consistent exercise doesn't seem to be the answer. Eating better doesn't seem to be the answer. (the little hours sleep / restlessness are similar for before Thursday's junk food binge - so really made no difference.)
Getting TO sleep isn't the issue - it's once I'm asleep that there are multiple periods of restlessness, and then waking up at WAY too early hours (WAY before my alarm is set, and not being able to go back to sleep very well.)
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This coming week my sleep issues are probably not going to be helped much ... Monday and Wednesday evenings I'm signed up to help out at the local VBS. Tuesday night I'm doing a parking garage shift from 8 p.m. - ?? And of course Sunday and Thursday nights are NE's nights. Somehow I'm going to fit in regular exercise into that schedule.
$ Thinking/Consolidation, Sleep
July 18th, 2015 at 06:39 pm
July 18th, 2015 at 07:39 pm 1437248342
If consolidating accounts with different providers [403b, Cap One, Scottrade, Trowe] the danger is triggering fees, Capital gains and Income Tax scooping up their share. I'd review other people's experiences discussed on Boggleheads.com, discuss your desired outcome and expect it to take longer than seems reasonable. It helps if you can list what percentage you want in what specific holding like 403b in their Target Fund 2035 for example.
I'd leave the process to experienced Vanguard staff who likely do millions of switches.
just my unedited opinion
July 18th, 2015 at 07:43 pm 1437248604
My income is low enough that I don't think I need to worry about capital gains taxes. But yes, I will be waiting to see what the Vanguard person has to say to see how possible this even is to do.
July 18th, 2015 at 08:33 pm 1437251584
July 18th, 2015 at 08:42 pm 1437252133
July 18th, 2015 at 11:11 pm 1437261077
July 18th, 2015 at 11:16 pm 1437261372
That was what I wasn't sure about with Vanguard - I know they have index funds, etc., but didn't know if they did individual stocks (i.e. brokerage.) I can hardly wait til August 17! (the first business day I'll have off where I won't be traveling, and so will have time to get this going.
July 19th, 2015 at 01:16 am 1437268584
July 19th, 2015 at 01:19 am 1437268790
July 19th, 2015 at 01:21 am 1437268868
July 19th, 2015 at 01:50 am 1437270655
Carol - Ah! I might be able to make that work - as long as I managed to call before six my time - days I don't go to the gym might work
July 19th, 2015 at 03:04 am 1437275057
July 19th, 2015 at 03:06 am 1437275167
July 19th, 2015 at 03:34 pm 1437320070
July 20th, 2015 at 01:15 pm 1437398141
Vanguard is a great choice, but as far as I know, they don't offer checking accounts and credit cards, and Vanguard uses its own index funds that is not compatible with others unless other companies are buying Vanguard funds to begin with.
It's because of that, that's how I ended up with Fidelity, but I understand Schwab offers similar services as well. There may be others, but that's all I know.
July 21st, 2015 at 10:17 am 1437473853
Tabs - I'm not worried about consolidating checking accounts or credit cards right now.