Thanks for watching! They do have a cash management account! They also have a banking arm for a traditional checking account if you want. Look into what they call “everyday cash” for their brokerage and retirement accounts!
As someone who travels for work and leisure, Schwab is the winner for me. Also their walk-limit feature is great for option buying. However, Fidelity is better for the cheap long-term investing (zero fee mutual funds). Especially in a taxable account due to fractional shares for all ETFs and stocks. Also Fidelity has the 2nd fastest order execution speed in the industry if someone chooses to day trade on their desktop app.
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Outstanding information young man. Keep providing great content . Thank you…
Great video--well-researched, well-produced and helpful. Thanks!
I’m glad you liked it and found it helpful! Much appreciated!
Schwab has a checking account available not a cash management brokerage account
Thanks for watching! They do have a cash management account! They also have a banking arm for a traditional checking account if you want. Look into what they call “everyday cash” for their brokerage and retirement accounts!
As someone who travels for work and leisure, Schwab is the winner for me. Also their walk-limit feature is great for option buying.
However, Fidelity is better for the cheap long-term investing (zero fee mutual funds). Especially in a taxable account due to fractional shares for all ETFs and stocks. Also Fidelity has the 2nd fastest order execution speed in the industry if someone chooses to day trade on their desktop app.
Great insights! I hope you’re taking advantage of those travel rewards. That could be a big benefit with that credit card they offer!
The first?
I think number one for order execution speed is interactive brokers
@@elliothm8370 It was Lightspeed, but recently IBKR and Fidelity passed them up.