tooshy said:ETFnerd said:manuel said:One can certainly trade in and out of a short term bond etf - i'm too shy to say which one - with large volume and small spreads.delayed LOL. I am also too shy to say which one. this one took me a while

I'm not too shy to say I'm confused, manuel said:

<<If you need the 10k back I'd stick with short term bond funds - I'm still too SHY to mention which one. Is verrrry liquid though and yielding about 4% - and should be state tax free.>>

Is there a treasury etf? treasury bond fund? that is better than a plain t-bill order?

I believe he's talking about SHY. Not sure why the obfuscation is needed, it's just a suggested low-volatility bond, there are many out there that don't move very much. This isn't exactly a hot stock tip that needs to be moderated is it?

ETFnerd said:for the purpose of the required equity trades use etf symbol SHY. The yield sucks because of the rising interest rates, but it is good for churning the required trades.I agree, for purposes of churning it might be OK, but still why not just plain vanilla t-bill order for purposes of earning the Apex bonus?

I'm finding it hard to navigate in Ameritrade to learn more about the investment options, without having first signup and join. Fidelity OTOH seems easier to navigate without joining first.

ETFnerd said:Arcanlaw said:I believe he's talking about SHY. Not sure why the obfuscation is needed, it's just a suggested low-volatility bond, there are many out there that don't move very much. This isn't exactly a hot stock tip that needs to be moderated is it?because this is not a bond or bond fund. It is an equity position in a st bond portfolio which qualifies as an equity trade.If that is the case, I stand corrected. I thought Manuel was talking about the secondary market for US treasury bonds.

So SHY profits are state tax free ?

can we do this?

put 10,010 bucks

10 000 in the 8.5% CD for 9 months
and play with your 10 bucks "trading stocks"

end result:
~$11,100 not bad too me

what do you guys think?

SleekWallet said:can we do this?

put 10,010 bucks

10 000 in the 8.5% CD for 9 months
and play with your 10 bucks "trading stocks"

end result:
~$11,100 not bad too me

what do you guys think?What 8.5% CD are you talking about ?

I signed up and started trading. My Account Value seems to be low. It might be that I am being charged the regular $9.95 trade fee for each transaction. Does anyone here know if the fees should not be charged at all, or will they be credited back later on?

Just talked to the rep. Put in the offer code: 504 for this promotion.

micecali said:Just talked to the rep. Put in the offer code: 504 for this promotion.

I called in also and good thing I did.

Here is the deal:
- If you signed up without that promo code, you won't get it unless you call.
- If you have $10k and lose some of it in tradings, you still qualify. Just don't do any wire out.
- You can do 15 trades at any given time within 3 months to qualify. You don't have to do exactly 5 trades minimum per month.
- When they say month, they mean calendar month not 30 days from sign up.

One thing I forgot to ask, which I will tomorrow, is whether no-load mutual funds qualify in the free trades.

micecali said:Just talked to the rep. Put in the offer code: 504 for this promotion.

Where do you put the offer code? There?:

"I was referred by a friend through an introductory letter.

Referral ID___________________"

EricGo said:ETFnerd said:Arcanlaw said:I believe he's talking about SHY. Not sure why the obfuscation is needed, it's just a suggested low-volatility bond, there are many out there that don't move very much. This isn't exactly a hot stock tip that needs to be moderated is it?because this is not a bond or bond fund. It is an equity position in a st bond portfolio which qualifies as an equity trade.If that is the case, I stand corrected. I thought Manuel was talking about the secondary market for US treasury bonds.
So SHY profits are state tax free ?

No. AFAIK dividends are state tax free. Any gains are taxable.

By no means the only, or even the best option. Still relatively high volume and short duration make it a reasonable choice for OPM for 9-10 months. Also has a ER of 15 bps - no record but I'm comfortable with that. YTM from sponser quotes at 4.91.

No hot stock tips from me.