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RedCelicaGT
1/2 + 1/4 + 1/8 + 1/16 + 1/32 + 1/64
posted: Apr. 12, 2012 @ 7:57p
"Account must remain open with minimum funding required for participating in the offer for 9 months, or TD Ameritrade may charge the account for the cost of the cash awarded to the account. "
MitchFlorida
Senior Member
posted: Apr. 12, 2012 @ 8:04p
E-Trade has a similar program . . 2 months free trades with a 6 month commitment. I will switch back to Ameritrade in September. And then it is back to E-Trade in 9 months . . I'm sorry but $1.600 is $1.600.
tzeric
Member
posted: Apr. 12, 2012 @ 10:50p
1600 on 250k in 9 months is .85% annualized.. incredible deal?? -- really??
johnmayer
Member
posted: Apr. 13, 2012 @ 1:07a
An other companies doing a good CashBack sign up bonus when you invest 10k-20k? I'll never see 250k in my life.
ipickuppennies
Member
posted: Apr. 13, 2012 @ 2:59a
tzeric said: 1600 on 250k in 9 months is .85% annualized.. incredible deal?? -- really??
Yes, you're being rewarded for simply parking investments with them, i.e. Ameritrade is buying your business. This is not a bank account. Don't you get it?
MitchFlorida
Senior Member
posted: Apr. 13, 2012 @ 4:56a
tzeric said: 1600 on 250k in 9 months is .85% annualized.. incredible deal?? -- really??
Do me a favor, big spender. Send me $1600 to me via Pay Pal. Yeah, I thought so.
Obviously, the bonus is on top of what you can earn in your account, which was over 10 percent for me last year.
aleck
Senior Member - 1K
posted: Apr. 13, 2012 @ 7:40a
This is pretty obvious, but still wanted to point out that you'll be hit with a 1099 for the $1000.
Still, if you happen to have $250K in another brokerage, this is a no brainer good deal. Especially if you do a lot of trades. Definitely worth the 30 minutes it will take to apply for an account and do a transfer.
psychoslowmatic
Dismembered Member
posted: Apr. 13, 2012 @ 7:51a
This offer is valid for IRA's, some of these brokerage offers aren't.
rpi1967
Serene Member
posted: Apr. 13, 2012 @ 1:25p
ipickuppennies said: tzeric said: 1600 on 250k in 9 months is .85% annualized.. incredible deal?? -- really??
Yes, you're being rewarded for simply parking investments with them, i.e. Ameritrade is buying your business. This is not a bank account. Don't you get it?
No he does not but he has a lot of FW company. This type of silly comment is present on all stock brokerage deals. For those with investments in stocks, these are great deals.
Americans who believe that Social Security funds should not be individually invested in US stocks believe that this country has no future.
Onenote
Member
posted: Apr. 13, 2012 @ 2:04p
aleck said: This is pretty obvious, but still wanted to point out that you'll be hit with a 1099 for the $1000.
I did this before with TDAM and if the bonus is less than $600 there is no 1099. So only transfer $100K and get the $500 tax free.
ipickuppennies
Member
posted: Apr. 13, 2012 @ 3:19p
Onenote said: aleck said: This is pretty obvious, but still wanted to point out that you'll be hit with a 1099 for the $1000.
I did this before with TDAM and if the bonus is less than $600 there is no 1099. So only transfer $100K and get the $500 tax free.
All earnings, however paltry, are taxable. OTOH, a bonus deposited directly into a tax-advantaged account amounts to a "dividend" which should not be subject to tax.
rpi1967
Serene Member
posted: Apr. 13, 2012 @ 4:39p
ipickuppennies said: Onenote said: aleck said: This is pretty obvious, but still wanted to point out that you'll be hit with a 1099 for the $1000.
I did this before with TDAM and if the bonus is less than $600 there is no 1099. So only transfer $100K and get the $500 tax free.
All earnings, however paltry, are taxable. OTOH, a bonus deposited directly into a tax-advantaged account amounts to a "dividend" which should not be subject to tax.
Bonus deposited in a traditional IRA is taxed when it is eventually withdrawn.
MitchFlorida said: whodini said: OP, what kind of trading do you do?
Why does it matter?
It's an even better deal for regular options traders, if they are paying typical option commissions. Probably a good idea for existing customers to contact Ameritrade before getting another (new) account. Also I believe Ameritrade only allows one margin account per customer.
stevento
Member
posted: Apr. 14, 2012 @ 9:07a
there's also an offer of 25K AA Miles with $50K deposit. I'm just signing up with a new portfolio manager who custodies at Ameritrade. As per rep, I would have to open two different types of accounts (individual and joint, for example) to qualify for both offers.
charly
Senior Member
posted: May. 7, 2012 @ 1:36a
stevento said: there's also an offer of 25K AA Miles with $50K deposit. I'm just signing up with a new portfolio manager who custodies at Ameritrade. As per rep, I would have to open two different types of accounts (individual and joint, for example) to qualify for both offers.
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