Etrade best stock brokerage Automatic recurring investing weekly ETF auto invest, fractional

Etrade stock brokerage now allows automatic dollar cost average investing for ETFs. Learn how to auto invest ETFs with Etrade Auto Invest and do dollar cost averaging. It is free and over 100 ETFs are supported at time of this writing. Try this on Fidelity, Schwab and Vanguard and all you can do is mutual funds. Etrade allows for mutual funds and ETF auto investing. This a great way to do dollar cost averaging and long term investing plans. Etrade supports fractional shares with Etrade automatic investing. ...

July 25, 2023 · 1 min · 121 words · Techfinology

Sofi VS M1 Finance Which Broker is Best?

I compare Sofi Invest to M1 Finance to see which auto invest robo advisor product works best. Both can do auto investing with stocks and ETFs. Sofi can do limit order while M1 Finance cannot. M1 has a very nice modern interface. Sofi has nice capabilities and supports limit orders which is nice but the layout does seem cluttered and requires lots of excess scrolling. ...

July 25, 2023 · 1 min · 115 words · Techfinology

Vanguard vs Schwab vs Fidelity compared. Which online stock broker is best? Interfaces compared

I compared the fees and interface between Schwab, Fidelity and Vanguard. Which one is the best? Vanguard has some of the lowest fees when you factor in hidden fees such as pay for order flow however the interface leaves a lot to be desired.

July 25, 2023 · 1 min · 44 words · Techfinology

Best high dividend yield ETF SCHD or VYM VPU VIG

I compare high dividend yield ETFs to find the best one. Which one has had the best performance over time. Which one has the lowest fees? Will Schwab or Vanguard win? Schwab SCHD has had some very impressive performance that exceeds Vanguard’s performance. The asset allocation for Vanguard seems to be too excessive when compared to Schwab. Vanguard is more like the total stock market whereas Schwab SCHD is more like QQQ in that it has fewer holdings. ...

July 25, 2023 · 1 min · 183 words · Techfinology

Ultra High Rate 10.87% BIZD. Should you add BIZD to your passive income portfolio?

I look at something that is quite rare called business development companies. These companies pay an extremely high yield but are taxed as ordinary income not making them attractive for taxable accounts. Many of these often pay out so much that the value of the company declines over time. Would you invest in these or junk bonds? Business Development Companies have a pretty spotty track record. Unlike S&P 500 or index stocks that all have done fairly well over time, many BDCs have done poorly while some have done well so this isn’t like throwing darts at a board and coming out OK. ...

July 25, 2023 · 1 min · 166 words · Techfinology

Covered Call ETF Shootout. DIVO, JEPI, RYLD, KNG, JEPQ, NUSI, +

Why buy covered calls if someone else will do the work for you? This is the benefit of covered call ETFs. I look at 15 covered call ETFs. Some of them only do a small percentage of covered calls while others do a larger percentage. Some use something called swap agreements that are purchased from other financial institutions. JEPI is one that does this. Some have questioned this because there is not much transparency regarding this. ...

July 25, 2023 · 1 min · 117 words · Techfinology

Best Government Money Market Accounts Ultra Short-term ETFs TFLO, SGOV, USFR

Which US Government money market ETF is best? I look at TFLO, SGOV and USFR. They all offer the safety of US Treasuries but with added flexibility of being able to buy and sell like a stock all for a very small fee. It seems like it is a toss-up between TFLO and USFR but I would say that I do prefer USFR after looking at the interest payments. The interest payments for USFR are much more uniform. TFLO has had some payments that are larger than others. ...

July 25, 2023 · 1 min · 99 words · Techfinology

Floating Rate money market fund ETFs FLOT, FLRN, FLTR, VRIG

Which floating rate interest rate ETF is best. I compared various floating rate treasury and corporate debt ETFs. At the time of the video some of them are paying 5.44% APY. Is corporate debt worth the risk or should you stick with US treasury ETFs? For me, I prefer US treasury ETFs at this point in time. If floating rate corporate debt was paying several percentage points higher then perhaps I would be willing to take the extra risk but heading towards a recession in a rising interest rate environment doesn’t seem like it is worth the risk for a small APY boost over treasuries.

July 25, 2023 · 1 min · 105 words · Techfinology

28 Best High Yield Savings Accounts April 2023

I looked at 28 of the highest yield online savings accounts and review each for fees and restrictions. Which account is the best out of all of these? Fidelity, Baskbank, Redneck bank, Salemfivedirect, UFBdirect, DCU credit union, Valley bank direct, First foundation bank, CIT bank, Wealthfront, Lendingclub, BMO, Sallie Mae, Ally, Synchrony bank, AMEX savings, Varo are all compared. ...

July 25, 2023 · 1 min · 105 words · Techfinology

ChatGPT Picked Stocks for me. How Well Did ChatGPT's picks do?

I used ChatGPT along with GUI based trading platform service Composer to find some stock picks and to edit the trading script for Composer. ChatGPT made some errors with the script but with some playing around with ChatGPT it fixed the issues. The great thing about ChatGPT is stocks can be quickly selected for a variety of different things such as founders in place, market cap and companies in the S&P 500. ...

July 25, 2023 · 1 min · 151 words · Techfinology