Ally invest account reddit 2021. The website and app got riddled with bugs.

Ally invest account reddit 2021 Chat is worthless and takes like 3 minutes to respond to a single line. I logged into my account and the stock is clearly still there. I've had Ally bank accounts and managed my own trading and IRA accounts on Ally invest for a number of years now (started off with Zecco who was acquired by TradeKing who in Ally is ok but I experienced the most access issues. If you have multiple Ally liquid accounts, internal transfer works. Aggregate Bond Fund AGND 0. The SwissBorg App is a crypto wealth management platform where 630k+ users buy, sell and earn on 40+ digital assets, 16 fiats, across 5 exchanges, and all in one app. Also if you ever need a checking account Ally has one while Marcus does not and you can request free checks. On Thursday, it failed due to old stocks from years ago (no longer even stocks) still being listed on my Ally account. Get (and give!) advice on investment portfolios and financial planning goals for retirement (401k, Roth, IRA, HSA) and taxable investing accounts, particularly stock and bond mutual funds and ETFs - learn tips for tax efficiency and other account optimization strategies. One thing I really love is I put most of my money in my savings account and use my checking for paying bills. As I looked at moving over it it seems like I've got a few options and I would love to hear the thoughts of this community on what the best option is. You will have to sign up for an Ally Invest account and then you can transfer from Ally Bank (savings) to invest. Ally Invest acquired a company called Tradeking, which was rebranded as Ally Invest. I'm going to be investing a good amount of money soon and I was wondering if there was a benefit of switching to a more traditional online brokerage account like Vanguard or Fidelity. The Market Maker Ratio held for Ally thereafter with Wolverine stepping in at times. I set up the Ally investment account, and waited until I was ready to start investing to add funds. Ally also offers investment accounts and interest bearing checking . 05% US Bond Aggregate WisdomTree Yield Enhanced U. Meriwest has a Premier Savings account (up to 2. then I might go ahead and go that route. And Ally Invest provides additional securities coverage of up to $37. On May 31, 2023, Reddit announced they were raising the price to make calls to their API from being free to a level that will kill every third party app on Reddit, from Apollo to Reddit is Fun to Narwhal to BaconReader. i am usually a brick and mortar bank user, but i see online savings is giving 2% interest on a savings account?whereas all my brick and mortar institutions are . I think today was the final straw. That's not correct. 14 votes, 24 comments. I have spent about two hours on the phone with Ally Invest. Hey, thank you for your response. M1 lets you earn, invest, spend, and borrow all on one financial platform. If you don't need fancy features, and are OK doing your investing through ETFs, and use Ally Bank for checking/savings, and value near-instant transfers to & from your bank account, then use Ally Invest. For your security, do not post personal information to a public forum, including your Coinbase account email. I have not made an account with proxyvote. Ally is for investing for a separate goal. I don't have any experience with them halting trades on my end, but I haven't been with them through a squeeze either, it is commission free unless its an OTC order then they charge a fee Ally Financial has long been a leader in the online savings and checking account world, and now it has dipped its feet into the world of robo investing. However, most of my day trading investments are done on Webull and Coinbase, and it doesn't support either of those yet sadly. They have been giving vague ' we're working on an issue ' notifications. com Changing your password At least one transfer in or out of your account. Back in 2016, Ally purchased TradeKing, a popular stock brokerage. 5% are the online options like CIT, SOFI, Ally, Lending club, safe? Received this letter today, I'm thinking scam. I already have a Roth IRA and 401k both through Fidelity. If you're 4-5 years out, why not just sink that money into mutual funds? You'd be well past the 1yr short term gains mark (for taxes). This is insane, I love it, I love you all. This is the only communication I have seen from Ally regarding the technical issues that have caused many our of accounts to… We are a team of finance and technology experts dedicated to improving the crypto industry by making it fun, fair and community-centric. So apparently the tax lot allocation method I chose (HIFO and LIFO) sometime in 2021 was only for online viewing purposes and not for actual tax reporting. Really all the Robo investing account does it sit there earning a "management" fee and burning through whatever meagre gains or interest it might As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. EDIT 2: The link and message about broken snapshots ONLY appears on mobile web, and my account still doesn't load properly. Investment services at Ally Invest includes Self-Directed Trading, Automated Investing, and Personal Advice products at among the industry’s lowest fees. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning… Now the excess money from my paychecks goes into my Brokerage account. Most of the "best of" lists I'm seeing online seem to point to Fidelity as the best for stock trading, but I'm curious if Ally is good for this as well, and what the differences might be. One of their agents finally told me that they consider Ally "a millennial bank" unlikely to pay out any leads for their retirement services, so they don't really care to fix issues with them. My app account was still active but when trying to check my balance in the account it was GONE. Aggregate Bond Fund AGGY 0. Secondly, they sandbag the hell out of closing something as simple as a No Penalty CD. Its 1% on up to 3000 in purchases a month. 10% APY, making Amex the better choice for growing account balances at a faster rate. After review, I do see that Ally Bank has made the decision to end our banking relationship with you and close your banking accounts. You need to make a call to Ally to unenroll. Thanks! Nov 22, 2024 · Meanwhile, Ally offers a high-yield savings account rate of 3. The fees were $115 and you had to have it in cash in your investment account at time of transfer Lastly I see we're at over 400k accounts now. Aggregate Bond ETF AGG 0. I've been meaning to leave after that but haven't. If you just invest a few extra dollars then Ally is probably fine. Ally Invest makes you manually adjust the tax lot for both 1099 and again on the Maxit platform which makes it visible on the realized G/L screen. Clown fiesta. 5 million. It's more bare-boned than Vanguard but it still offers the basics. As a small investor who doesn't buy a lot, I'm finding that some of my stock dividends are getting eaten up faster than I like as this also falls under "cash movement" now. In the Bay Area, Meriwest, Star One, and Patelco all have free checking and high yield accounts. Banking customers also receive FDIC insurance for up to $250,000 in deposits. 1% APY), I am not happy about this lengthy outage on the invest side. To be safe, they block the account until you can call in, they ask certain questions and verify everything is okay. After only three attempts with Ally Help & hours of searching Reddit, I finally figured out how to transfer my GME shares from Ally Invest to Computershare. I ran into investing account issues as did just about everyone at the end of January. They’re both great. Other accounts & holdings that took the same hit - even employee retirement plans with very conservative approaches - have recovered to pretty much the 2021 highs and in some cases considerably more. hi, i was looking to put some money into a high yield interest savings account. If you need to deposit cash occasionally , I think Alliant is probably the better choice, but I'd suggest reading though this section of the banks and When I follow the link in my email from Ally, it brings me to a proxyvote page with the following message and a field. I DRSed my entire portfolio that was not in my retirement account. Been dealing with Ally Invest account issues for 4+ days. Ally always takes a while to get someone on the phone and once you do they never know anything and always transfer. So while it's still restricted by the overall IRA contribution limits and is not owing any tax on any interest earned inside it, it's not going to be growing like it 25 shares of GME disappeared (probably purchased Thursday morning at the first dip 25@$265) and my account is locked. I have emails exchanged with PC's tech staff from 2017 assuring fixes in a few days, yet here we are four years later and no progress. Recently I transferred my taxable account from Vanguard to Schwab. Comdirect Currently I do all of my investing with Ally. 28% Interest Rate Strategies It does a good job of tracking my Vanguard retirement accounts and Schwab brokerage account, and I was able to add my Robinhood account as well. e. My Ally invest account has been closed for nearly 3 months but it still shows up at the top of my snapshot page when I open the app. Ally closed my account as "dormant" because of no activity. Ally Invest is a great all-around brokerage account because of its $0 minimum and commission-free trades on stocks, bonds, mutual funds, options, and ETFs. *Ally Invest, the broker, who froze GME buying on January 28, 2021, routed customer orders through 3 Market Makers: Citadel / G1X / Virtu. A giant thank-you to Daniel, the customer service rep who took the time to ask someone for the right answer before sending me off on another wild goose chase! Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Does it make any sense to open an Ally investment account for the sake of handling my Vanguard ETF? I use a separate source to fund my TD account for trading, and I'm sort of skeptical about linking another account. Apex clearing the trades - firm who sent PCO notice to 100s of brokers. Come to find they closed my account around the June 2021' timeframe. I'm trying to figure out what you do on the Ally Invest side to park cash when you don't have it in the stock market. S. I'm unsure if I'll use the robo-advisers due to cost, plus I have some experience with investing, and I don't mind actively managing. For my investment account I mostly buy vanguard funds and would recommend the same for anyone who doesn’t have the time to Oct 10, 2024 · Yes, as a member of the SIPC, Ally Invest's brokerage customers are protected up to $500,000 against the company's failure. It’s annoying and I’m curious if there is anyway to remove it from the home page manually or if I’m stuck with it being there like that forever Cant access anything, bank accounts or investment accounts. Yes Gone. I have my investment account with them. TLDR: Creating an investment account, and I'd like to know your experience with Wealthfront, Ally, and/or M1. I'm considering opening a savings account with Ally, and I figure it would be nice to have as many services with one bank as possible. My transfer was completed 10 days ago and mine is 23XXXX. The caveat is that it is a cash account, not margin, which means that you need to comply with the 'free ride' rule; i. Which I spent 6+ hours on hold in order to do. I have had some luck with new external accounts allowing expedited EFTs right after I add them, but the steps above should work since I learned them from a customer support chat session over a year ago. IT WAS EARNING INTEREST FOR GODs SAKE, isn't that what a savings account is for? Looking to open a taxable investment account soon. Check your emails for this offer: Ally Invest is offering a $100 bonus when you open an Ally Invest self-directed trading account or Robo portfolio and complete the following requirements: Open an Ally Invest Self-Directed Trading account or Robo Portfolio using the links on this page by 12/31/2024 The setup transfer may need to be done for each Ally account, each external account, and in each direction (outgoing $/incoming $). , if you sell one stock, and buy another within 2 days with those proceeds, then you must hold the second stock for three days to allow the trade to settle before selling it. 5%APY vs 0. Fast forward 6 years and those stocks took off and I made a bunch of money. So now what, I have to contact the "unclaimed property" as Ally has turned the money over to the STATE. Ally Invest #3: Enrolling in Ally's Securities Income program requires meeting certain requirements and completing an opt-in form. Team, if you have an Ally Bank/Invest account close immediately. To make matters worse, I was supposed to receive 2 dividend payments in my investing account (JPM and T) which have also not been credited. 85% APY and checking account rate of 0. Thanks! I initiated a full account transfer request to Vanguard on Monday. I do like the idea that using Ally for investing sounds seamless when I need to transfer money to fund accounts. When I call to do my Fidelity XXX transfer I'll ask them that their transfer times are looking like now and make an update. 50%) I basically split my emergency fund - half easily reachable in a high yield account and half in the Ally Invest account Welcome to the Ender 3 community, a specialized subreddit for all users of the Ender 3 3D printer. I was thinking of setting up an online savings account and couldn't see any benefit to opening a savings account instead of a Money Market account. Is this typical of other brokerage platforms? At Vanguard I was able to select the tax lot I wanted to sell at the time of sale. Found out that in June of 2021, Ally closed my account as a dormant account with no activity. The reasons I use Ally for my "hub" bank: It lets you do ACH transfers for free, it lets you link to lots of other banks, it has really high mobile check deposit limits, it gives you free checks whenever you want, it has a debit card linked to the Allpoint network (which is in almost every gas station and pharmacy), and it reimburses up to $10 a month in out of network ATM fees. It does have the real Apex return address, however. So I called Ally Bank. Here, enthusiasts, hobbyists, and professionals gather to discuss, troubleshoot, and explore everything related to 3D printing with the Ender 3. I had an options assignment on my trading acct on Friday, and while my shares were called away, no funds were credited, and they’ve restricted the account from trading on top of that. If you have a case number for your support request please respond to this message with that case number. Very simple. However, my account was remained restricted from trading activity. Issues include, delayed/pending cash transfers, website errors, intermittent account access, unable to submit (or cancel) trades, and more. There is a need to update the purchase lot in BOTH places. I have a discrepancy with my 1099 and what is shown on the Ally Invest website. This is a great place for beginner and advanced investors to share knowledge! I just transferred a couple accounts from Ally Invest to Fidelity and got a messages that stated if Ally provides cost basis information it could take up to 15 days to get updated. Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Or maybe it was someone in Bulgaria trying to take over your account. Bond return rates aren't great right now. I'm looking to change to another broker. But, if anyone speaks highly of the managed portfolios, I'd love to hear your thoughts. If you are willing to use your debit card 10 times a month and have direct deposit, LMFCU is good for 3% on balances up to $15k. And they are accepted everywhere! Plus they have auto loans and more accounts. While I appreciate their savings account is paying 5 to 10x more than others (0. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. I got a TD Ameritrade account as they had access to better research tools though I do most of my investing in Vanguard. Looks like Ally is the right choice for me. I have some ETFs in mine still, but looking to get away from it. Not a huge deal, but I have better results with Fidelity and Vanguard. High yield checking accounts is where it’s at, I recommend T-Mobile Money with minimal to no effort at all for 1%, which is higher than most high yield savings account. Only issue I have with ally is the mobile widget and iwatch view , but that’s minor To open an account with Ally Bank or Ally Invest: You have to be a citizen or a legal permanent resident of the United States You must be at least 18 years old You must have a Social Security number to open an Ally Invest account For bank accounts, you can use your Social Security number or your Taxpayer Identification number This is a very long-running issue in Personal Capital. I realize it is a different division. But I've heard people having issues with Ally Invest and that their investing platform isn't as well fleshed out as their banking one. They have a feature where they'll automatically deposit it into your savings account too so that neat 19M subscribers in the personalfinance community. This is the straw that broke the camel's back. Sorry this is not a specific stock question, but certainly related. Actually, Ally Bank and Ally Invest are apparently two different entities. Any confirmation on this??? Been down since market open. So 2 weeks on, still no access. My account locked up this afternoon, I couldn't trade, couldn't see the values of anything in my account, only ticker symbols. Apparently Ally might charge $125 for a failed DRS transfer, so might lose out on that but that would be a cost I could eat without When the federal interest rate goes up (2021 at the earliest), I assume the wealthfront APY will also go up a bit , but I doubt it will surpass competitors as they are trying to transform this cash account into more of a checking account with interest so they don’t have to compete with savings competitors like ally, citi, alliant, etc. Ally has a free service that will take (in $100 increments) what is needed to cover a debit from checking (if checking drops below $0), out of savings. Not a fan of Ally’s investment option. They said all hands on deck working on it (since yesterday). A regular bank cannot offer investment accounts, but could still put an IRA wrapper around a regular savings account, or sometimes using CDs. After calling customer service(45 min wait), they also had no clue and no notes other than the account will be closed. My equity positions are shown, but my cash on hand simply showing $0. They got a new 1099-DIV directly from Apex Clearing, yesterday, and it matches the latest corrected 1099-DIV visible in my account. They offer managed and self-service investment options. The logo in the upper left looks like it is printed from a crappy inkjet and the TM is cut off. Vanguard is boring but stable in my experience. Think about whether you need these two features which ally does not support -fractional stock trades -free mutual fund trades I'm so frustrated with Ally at this point. Otherwise, go with one of the big brokerages. Ally Invest: Sync broken five years as of last week. Chase is the best bank account to me. Does anyone have any experience with them? Are the indifferent from other similar brokers? I’ve already opened an ALLY account and have money in a savings account and a checking account with it as well as a debit card I can use. as I was hanging up I said "I… Advertisement Coins ally_to_fidelity + fidelity_to_CS < ally_to_CS. If you have a savings account with Ally Bank, one option is a certificate of deposit (CD) but I believe you have to tie up your money for one year or so. It offers peer-to-peer money transfer, bitcoin and stock exchange, bitcoin on-chain and lightning wallet, personalised debit card, savings account, short term lending and other services. Ally also messed up my 1099s last year and I didn’t get a correction until April. I've been using Ally Invest for many years to purchase stocks, but since around 2021, they've started charging $4 for any cash movements on the account. Dec 29, 2023 · Ally Invest $100 Bonus. IT WAS EARNING INTEREST FOR GODs SAKE. Posted by u/azentropy - 2 votes and 1 comment Posted by u/holybell0 - 4 votes and 9 comments As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Has anybody else done a transfer from Ally and did they provide the cost basis info to Fidelity? I've been using ally invest for managed and taxable investment accounts. They've got a message on it saying snapshot is broken for invest accounts (bullshit), but the message has a link so you can access your invest account. The request to close investment accounts itself does not result in any other accounts being closed. ALLY INVEST SECURITIES Enter Your 4-Digit PIN Maybe it was you on vacation, and you just fat-fingered your password a few times when checking hour account from the hotel. Got a message on the Ally app stating they had technical issues and all GTC were cancelled! WTF Ally. I have all 3 with ally, they are my main bank. An IRA brokerage account can be traded just like any other cash account. Is the brokerage account fuckery resuming? Logging onto your account page at Ally. Edit 7: Some CRAZY Shit going on. Does anyone out here has experienced this kind of situation? Thanks. Why would you invest your money with clowns like this? Outages, locked accounts, erroneous margin calls, wrong holdings/activity, expiring options you can't sell. Get your shit together! View your Snapshot (shows all account). Avanza #2-1: "Everyone is included automatically", with an option for manual opt-out of the program. This unofficial subreddit is a good place to ask questions about the app, discuss developments, and share ideas with others. Using its technology, Ally created Ally Invest, an online stock broker that ranks consistently Apr 21, 2021 · VictorStarr wrote: ↑ Wed Apr 21, 2021 11:30 pm I have no experience with Ally Invest but potentially you can have comparable or better bonus with more established brokerage. Commission-Free ETFs | Ally Invest ® Fixed Income Expense Ratio Fund Symbol Category iShares Core U. They cited no reason, except that Ally Invest is not the best broker for me and they have made a business decision to close my account. I'm an Ally customer and have nothing with Schwab, FYI. Consolidate investment accounts into Vanguard, Fidelity, or Schwab and use a separate account at Ally, Alliant, or another bank or credit union that meets your needs for checking and savings. The only downside to Ally is that you can only transfer $10k a month, and that was a lesson I . Ally Bank: Broken for three months earlier this year. 05% of interest, they make up in their cashback checking account. Also I find the Ally app slightly better. The interest rate is down and isnt as high as, say, Alliant CU but they are extremely competitive with ally, and what they lack in . I think this is honestly going to come down to the nature of your investing. What happens to my retirement account if Ally goes under? Because it is the investment portion does it also go down? I have Ally for my bank and Fidelity for my 401k. Not a high yield savings. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. This sub (r/cashapp) is for discussions regarding Cash App. Using its technology, Ally created Ally Invest, an online stock broker that ranks consistently high for a lack of fees, no account minimums, 24/7 customer service and trading options. N26 bank Europe /r/number26bank has gone dark indefinitely in protest of reddit's recently announced API policy change. Mods are active, so please make sure to read the rules before posting. Join our community, read the PF Wiki, and get on top of your finances! When I call Ally, I either get hung up on completely, or wait for 1 hour+ and have to disconnect. Plus when you actually need your money from ally they always make up some bs to not transfer funds or something. Like 4chan found a Bloomberg Terminal. I like the stock, but this morning my invest account is down “We can’t show these accounts right now” while I still have access to my savings account. For Managed Portfolios, there are no fees for management, but 30% is held in cash (which earns about the same interest rate as an Ally Savings account - currently . Ally is claiming their "clearinghouse" is having issues. I made several trades that day, and I received emails confirming the trades. I've been with Zecco/TradeKing/Ally for over 12 years. That's a shitload of new accounts in the past 10 days. Yes, I have submitted many support tickets. I would like to close my WF completely and transfer all of my money into ALLY to avoid the ghastly WF fees however my only concern is that since there are no physical banks I won’t be able to get cash This subreddit is a public forum. This is likely what your partner has. I originally had an account with Tradeking, and ever since ally took it over, it just got so much worse. 12% US Bond Aggregate WisdomTree Negative Duration U. The reason I use Ally more is because there’s no limit to how many external accounts you can add so Ally is my hub account. I’ve been using them for years and With ally you can open a self managed investment account and get better returns on your savings though they do have high-ish interest for their saving and checking accounts. I’ve heard fidelity and vanguard are down too. It's referencing stock I own with Ally and the value shown from at least a few weeks back. Marcus the limit is 4. 25%) and Smart Rewards checking account Star One matches Ally on savings rate and has a $120 bonus available Patelco has a tiered money market that pays higher rates for smaller deposits (up to 2%) My app account was still active but when trying to check my account it was GONE. I have a TradeKing account that Ally Invest bought, so I had some penny stocks in their. The website and app got riddled with bugs. If you’re experiencing an issue with your Coinbase account, please contact us directly. But my Ally account showed it was closed. So I have a question about Ally bank being on the list of troubled banks. I am switching EVERYTHING to Marcus Upon contacting Ally via live chat, I was told the following: Thank you for your patience. M1 is made for those looking to build their wealth using powerful automation and topflight rates. So I called them. Calling customer service and successfully authenticating your account Signing and returning one of the dormant account notices (this is hit or miss) I have both. I had a GTC in the other day and was expecting a nice, low position upon market open the following day. Let's check it out in our Ally Invest Cash-Enhanced Managed Portfolio review. The only way I could sell them was to place a phone call, and pay a $300 over the counter trade charge. I can’t access my Ally invest account (again). Keep at it you beautiful apes 15M subscribers in the wallstreetbets community. I was able to get on the phone with Ally this evening and during the phone call they were able to deliver the 100 GME shares to my account from the call. I was considering Ally invest for the taxable account, as there is a bonus for new accounts and I already bank through them for savings and CDs. Service went totally down hill. It says “Account closed” in red and there’s no money in it. Ally Financial has long been a leader in the online savings and checking account world, and now it has dipped its feet into the world of robo investing. I transferred the money from the savings, but I still needed to wait the day for it to process. Hey everyone. I completely hate using it now, and plan to move everything I have to Fidelity. Hi all. 05% to 0. Would this still work when before opening Ally's Tax Manager page, it had a notice that: "The tax lot allocations you submit through Maxit Tax Manager are for display purposes in Ally Invest and don't directly modify any tax reporting on your 1099-B. The 1099-DIV imported from Apex Clearing (Ally Invest) is not matching 1099-DIV from Ally Invest. Ally has a better apy for now even though all savings are low at the moment . Apparently because I opened an account while abroad (in the UK) they thought I was a fraudster and immediately locked both my invest accounts. The next day, I received the email transfer was complete. And didnt tell me because "then the fraudster would know if you were a fraudster so we had to wait for you to call us". Some days transfers would fail out or the entire invest view would take ages to load. ssjpny lcug oyhc rrhrx aobnrpmns ghognhi ydssg qgavd irasf xrlkvbr