id stringlengths 5 7 | title stringlengths 1 301 | text stringlengths 1 41.8k ⌀ | created_utc float64 1.21B 1.75B | created_datetime stringdate 2008-04-17 15:45:49 2025-07-03 20:13:46 | author stringlengths 3 20 | score int64 0 139k | num_comments int64 0 66.2k | upvote_ratio float64 0 1 | flair stringclasses 894
values | permalink stringlengths 27 93 | url stringlengths 17 473 | subreddit stringclasses 22
values | company stringclasses 505
values |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
152zkey | Disappointed in WF Intuitive Investor Returns vs. simple ETFs in my Robinhood Portfolio | Anyone else have experience with WellsFargo intuitive investor, whole thing has gotten terrible returns, my simple ETFs in Robinhood and Fidelity are way out-performing. | 1,689,689,468 | 2023-07-18 14:11:08 | painter_business | 2 | 1 | 1 | null | /r/ETFs/comments/152zkey/disappointed_in_wf_intuitive_investor_returns_vs/ | https://www.reddit.com/r/ETFs/comments/152zkey/disappointed_in_wf_intuitive_investor_returns_vs/ | ETFs | wells_fargo |
14kfjoa | Brokerage Account for Roth IRA | Any suggestions on a brokerage account for a Roth IRA? I have a e-trade account from like way back in the day. Most of my 401ks are with Fidelity and I have an M1 Account and a Wealthfront for emergency savings. Wells fargo for everyday banking. Now that I type this out I probably need to consolidate some of this s... | 1,687,876,778 | 2023-06-27 14:39:38 | Impossible-Will6173 | 0 | 4 | 0.5 | null | /r/ETFs/comments/14kfjoa/brokerage_account_for_roth_ira/ | https://www.reddit.com/r/ETFs/comments/14kfjoa/brokerage_account_for_roth_ira/ | ETFs | wells_fargo |
12ta268 | The Federal Reserves Internal Turmoil, Recent Economic Reports and How To Profit - The Case for NUGT, UGL, AGQ, and Crypto | Hey everybody, my name’s Christian.
Today I wanted to talk about some of the big news that's come out in the past few weeks. Specifically, the recent employment report on April 7th, the CPI data, the Release of the Federal Reserve meeting minutes from March 21 and 22nd on April 12, the earnings report from major US ba... | 1,682,014,252 | 2023-04-20 18:10:52 | ChristianZahl | 8 | 7 | 0.72 | Industrial Sector | /r/ETFs/comments/12ta268/the_federal_reserves_internal_turmoil_recent/ | https://www.reddit.com/r/ETFs/comments/12ta268/the_federal_reserves_internal_turmoil_recent/ | ETFs | wells_fargo |
103mwnp | Wells Fargo Roth IRA. | Does anybody out there have Roth IRA with Wells Fargo? I’ve had mine for 2 years now and it’s performing perfectly like the market is right now, poorly. Most the etfs in the Roth IRA are ishares/Schwab. I’ve done my due diligence and the holdings are mostly geared towards aggressive growth as I am young. Any opinions o... | 1,672,885,640 | 2023-01-05 02:27:20 | Relevant_Box_2659 | 5 | 3 | 0.86 | null | /r/ETFs/comments/103mwnp/wells_fargo_roth_ira/ | https://www.reddit.com/r/ETFs/comments/103mwnp/wells_fargo_roth_ira/ | ETFs | wells_fargo |
ij3hsg | Rollover brokerage | I have a brokerage account through Wells Fargo. Am thinking of switching over to fidelity or TD ameritrade though since I hear the interface is far superior. Is it free to rollover your investments? Or will I have to sell all my etf holdings and then repurchase them with the new brokerage? | 1,598,747,439 | 2020-08-30 00:30:39 | fockeyluver | 2 | 3 | 1 | null | /r/ETFs/comments/ij3hsg/rollover_brokerage/ | https://www.reddit.com/r/ETFs/comments/ij3hsg/rollover_brokerage/ | ETFs | wells_fargo |
17ayt7r | Confused on what I should be doing next to maximize income/investments? | **Any suggestions on what I should be doing next to maximize income?**
**Me:**
36 years old. Working in the medical field in the Bay Area (California). Single. No kids. Currently renting (3.5k/month). No property owned. Started later in life with contributions to my 401k so still behind where I should be. Currently... | 1,697,656,555 | 2023-10-18 19:15:55 | ComprehensiveBig5515 | 21 | 40 | 0.75 | null | /r/financialindependence/comments/17ayt7r/confused_on_what_i_should_be_doing_next_to/ | https://www.reddit.com/r/financialindependence/comments/17ayt7r/confused_on_what_i_should_be_doing_next_to/ | financialindependence | wells_fargo |
170mwa3 | Financial independence seeker | Hello group, this is my first post, but I have been impressed with the sound advice this group can offer and lack of bashing anonymous strangers.
I am 48 years old. I have 3 children 15,13, and 11. My spouse does not bring in income but homeschools our children.
I have grown weary of my medical sales job and realiz... | 1,696,524,594 | 2023-10-05 16:49:54 | BumblebeeAutomatic79 | 0 | 15 | 0.38 | null | /r/financialindependence/comments/170mwa3/financial_independence_seeker/ | https://www.reddit.com/r/financialindependence/comments/170mwa3/financial_independence_seeker/ | financialindependence | wells_fargo |
16nin6a | Not on same financial page as GF, can it work? | I've been striving for FIRE for years now, always assuming I'd find a like-minded partner... or at least close enough.
But I've found myself in a 5+ month relationship with someone who's in debt and is perhaps financially illiterate (we're both in our mid-30s).
She has student loan debt, a car loan with a 14% inter... | 1,695,208,644 | 2023-09-20 11:17:24 | atlblaze | 257 | 470 | 0.87 | null | /r/financialindependence/comments/16nin6a/not_on_same_financial_page_as_gf_can_it_work/ | https://www.reddit.com/r/financialindependence/comments/16nin6a/not_on_same_financial_page_as_gf_can_it_work/ | financialindependence | wells_fargo |
15jvfjn | A Low Effort Bank & Brokerage set-up for Max Rewards | In general, bank/brokerage perks are pretty "mid." You'll get the best return by moving your securities to different brokerages for sign-up bonuses, also known as "churning". The same applies to credit cards.
Admittedly, churning accounts is not hard, but it creates more admin work than some people want to deal with. ... | 1,691,343,354 | 2023-08-06 17:35:54 | smartaleckio | 18 | 27 | 0.72 | null | /r/financialindependence/comments/15jvfjn/a_low_effort_bank_brokerage_setup_for_max_rewards/ | https://www.reddit.com/r/financialindependence/comments/15jvfjn/a_low_effort_bank_brokerage_setup_for_max_rewards/ | financialindependence | wells_fargo |
ydg6b5 | [4 year update] 38/m/single. $2.3 million. Submitted my resignation letter today. Thank you guys for the encouragement all these years. | Hi, r/financialindependence. I posted about quitting my job in 2018 when I was 38 - I'm 42 now - to travel the world via air and the country via van after living frugally since I started working in my early 20s. Retired with about $2.3 million net worth. Here's the story so far ...
**Year 0**
https://old.reddit.com/r/... | 1,666,733,006 | 2022-10-25 21:23:26 | ihasanemail | 1,532 | 212 | 0.96 | null | /r/financialindependence/comments/ydg6b5/4_year_update_38msingle_23_million_submitted_my/ | https://www.reddit.com/r/financialindependence/comments/ydg6b5/4_year_update_38msingle_23_million_submitted_my/ | financialindependence | wells_fargo |
j6tt1j | My Research on great 401k company matching | Edits:
Thanks ill for your responses and sharing your company and its match for those that did. I received too many messages to add to this list, but I can summarize the overall themes.
Universities seem to have a very high match, sometimes regardless of employee contribution, around 10 to 15%.
A lot of big tech co... | 1,602,087,362 | 2020-10-07 16:16:02 | Forecydian | 327 | 207 | 0.97 | null | /r/financialindependence/comments/j6tt1j/my_research_on_great_401k_company_matching/ | https://www.reddit.com/r/financialindependence/comments/j6tt1j/my_research_on_great_401k_company_matching/ | financialindependence | wells_fargo |
bq8xm8 | Can't manage my own trades due to new job requirements. Which designated broker is the best option? | I took a new job which came with a bit of a surprise and I am less than thrilled to find out I will need to divest myself of the current way I have my self-managed accounts setup.
In order to comply with insider trading prevention rules, I can no longer maintain my self-managed brokerage, IRA, or Roth accounts. I h... | 1,558,214,222 | 2019-05-18 21:17:02 | SquirrellyBusiness | 17 | 46 | 0.73 | null | /r/financialindependence/comments/bq8xm8/cant_manage_my_own_trades_due_to_new_job/ | https://www.reddit.com/r/financialindependence/comments/bq8xm8/cant_manage_my_own_trades_due_to_new_job/ | financialindependence | wells_fargo |
a1miwu | The Father of Index Funds Sounds a Warning on Index Funds | TL/DR: Due to the significant growth of index fund use, voting rights and control of public companies are held by an ever shrinking group of index fund managers (Vanguard, Blackrock, Fidelity, State Street)
[https://www.wsj.com/articles/bogle-sounds-a-warning-on-index-funds-1543504551](https://www.wsj.com/articles/bog... | 1,543,532,808 | 2018-11-29 23:06:48 | cyclonenation04 | 2,232 | 365 | 0.94 | null | /r/financialindependence/comments/a1miwu/the_father_of_index_funds_sounds_a_warning_on/ | https://www.reddit.com/r/financialindependence/comments/a1miwu/the_father_of_index_funds_sounds_a_warning_on/ | financialindependence | wells_fargo |
9iimo5 | What would you do in my situation? | Hello all,
I posted over on r/personalfinance a few days ago and got what some solid advice, but I wanted to see if you guys had any different takes on my situation with the goal of FIRE-ing in mind. We just sold our first house that was a long term (4 year) flip. We walked away from that with $40k (but immediatly put... | 1,537,801,151 | 2018-09-24 14:59:11 | Draketurner | 6 | 32 | 0.58 | null | /r/financialindependence/comments/9iimo5/what_would_you_do_in_my_situation/ | https://www.reddit.com/r/financialindependence/comments/9iimo5/what_would_you_do_in_my_situation/ | financialindependence | wells_fargo |
92ipj8 | You are the last line of defense for your nest egg | [Whistleblowers highlight shady practices in Wells Fargo Wealth Management](https://www.wsj.com/articles/whistleblowers-detail-wells-fargo-wealth-management-woes-1532707096?mod=hp_lead_pos3)
Some choice bits from the article:
> Wells Fargo financial advisers pushed clients into products that generated additional fees... | 1,532,744,980 | 2018-07-28 02:29:40 | rapier7 | 65 | 51 | 0.87 | null | /r/financialindependence/comments/92ipj8/you_are_the_last_line_of_defense_for_your_nest_egg/ | https://www.reddit.com/r/financialindependence/comments/92ipj8/you_are_the_last_line_of_defense_for_your_nest_egg/ | financialindependence | wells_fargo |
5u2far | Transferring from Betterment to Vanguard | A lot of us who have been thinking about transferring from Betterment to Vanguard probably have worries about how hard this process is. I recently started the process based on the discussions here and am sharing below what I'm finding out:
1. https://investor.vanguard.com/account-transfer/. To start the process.
2. Be... | 1,487,100,748 | 2017-02-14 19:32:28 | tricked_by_bettermen | 36 | 18 | 0.81 | null | /r/financialindependence/comments/5u2far/transferring_from_betterment_to_vanguard/ | https://www.reddit.com/r/financialindependence/comments/5u2far/transferring_from_betterment_to_vanguard/ | financialindependence | wells_fargo |
5oegfd | FI planning - or, how do I start off right? | *disclaimer:* I've been a long-time lurker on the subreddit using my main account, but I've chosen to write this post with a throw-away due to the level of detail that I'm including.
**Intro:**
I'm a 21 y.o. finishing my last semester of university in the Southwest U.S. (honors program at a large state school). I cou... | 1,484,610,421 | 2017-01-16 23:47:01 | newfithrowaway | 0 | 2 | 0.39 | null | /r/financialindependence/comments/5oegfd/fi_planning_or_how_do_i_start_off_right/ | https://www.reddit.com/r/financialindependence/comments/5oegfd/fi_planning_or_how_do_i_start_off_right/ | financialindependence | wells_fargo |
4thf40 | Yet another Betterment post | I've been on FI/RE kick lately after first reading about MMM in the NewYorker. It's been fun, but lately I'm finding myself wading in the ocean on this particular topic: Betterment.
I hadn't heard about Betterment until I landed on MMM's post on testing performance with 100k. The ability to easily transfer funds fro... | 1,468,876,283 | 2016-07-18 21:11:23 | pug_walker | 21 | 45 | 0.7 | null | /r/financialindependence/comments/4thf40/yet_another_betterment_post/ | https://www.reddit.com/r/financialindependence/comments/4thf40/yet_another_betterment_post/ | financialindependence | wells_fargo |
3zf1ig | state worker 2015 check in; look back at 10 years of returns. 17 years to go! | I'm 36 and my wife is 35 and we are aiming for retirement at the earliest possible time we are eligible for our state pensions (age 53, in 17 years). In Texas (hers is TRS teacher retirement; my is ERS state employee retirement), that means 2.3% of the annual salary calculated from the highest 36 months. No inflation... | 1,451,918,927 | 2016-01-04 14:48:47 | mikkelibob | 55 | 12 | 0.91 | null | /r/financialindependence/comments/3zf1ig/state_worker_2015_check_in_look_back_at_10_years/ | https://www.reddit.com/r/financialindependence/comments/3zf1ig/state_worker_2015_check_in_look_back_at_10_years/ | financialindependence | wells_fargo |
3tn925 | Bought too much car 1.5 years before discovering FI! To sell, or not to sell... | I bought a 2011 Honda Fit Sport w/ 38k miles for $14k in the bay area 1.5 years ago. It's definitely not a luxurious purchase, but since discovering this sub and setting more aggressive saving goals I can't help but think that I bought too nice of a car.
I have ~$10k currently paid into the car and ~$8k left due to We... | 1,448,072,505 | 2015-11-21 02:21:45 | Maestro4195 | 5 | 31 | 0.56 | null | /r/financialindependence/comments/3tn925/bought_too_much_car_15_years_before_discovering/ | https://www.reddit.com/r/financialindependence/comments/3tn925/bought_too_much_car_15_years_before_discovering/ | financialindependence | wells_fargo |
3qpe2a | FI/RE and 401(k) - Does the company 401(k) plan matter when you choose your job? | I am an HR director at a 30-person company looking to set up a 401(k) for our employees. Since very few of small company employers sponsor a plan, I thought we were already ahead for just offering one. However after getting [lots of feedback](https://redd.it/3qagup) from /r/personalfinance a few days ago and seeing [th... | 1,446,127,747 | 2015-10-29 14:09:07 | Tweefi8 | 84 | 112 | 0.87 | null | /r/financialindependence/comments/3qpe2a/fire_and_401k_does_the_company_401k_plan_matter/ | https://www.reddit.com/r/financialindependence/comments/3qpe2a/fire_and_401k_does_the_company_401k_plan_matter/ | financialindependence | wells_fargo |
3qbzm0 | Summarized Business Insider's Most Important Charts | Summarized the 50+ slides; this should provide a good view of what the street thinks about the markets in aggregate, for the coming future: [link](http://www.businessinsider.com/bi-most-important-charts-october-2015-10)
US Economy: **neutral**
Torsten Slok (Deutsche Bank): economy is stronger than its reput... | 1,445,894,243 | 2015-10-26 21:17:23 | migoboi | 5 | 6 | 0.63 | null | /r/financialindependence/comments/3qbzm0/summarized_business_insiders_most_important_charts/ | https://www.reddit.com/r/financialindependence/comments/3qbzm0/summarized_business_insiders_most_important_charts/ | financialindependence | wells_fargo |
3moi4p | Question about my companies 401k at Wells Fargo Vs Vangaard. | I'm enrolled in my companies 401k plan. They DO NOT match any of my contributions. They never will. It's just how my industry works. So, they chose Wells Fargo to manage the 401k accounts. I don't want to use Wells for my 401k options I'd rather choose the low expense ratio funds that Vanguard offers. (I'm mainly comp... | 1,443,432,241 | 2015-09-28 09:24:01 | mrmortgageguy | 19 | 10 | 0.82 | null | /r/financialindependence/comments/3moi4p/question_about_my_companies_401k_at_wells_fargo/ | https://www.reddit.com/r/financialindependence/comments/3moi4p/question_about_my_companies_401k_at_wells_fargo/ | financialindependence | wells_fargo |
3l95od | [US] About to more than double my annual income, pay off debt, and work on my path. | Hey /r/financialindependence! I've been lurking for more than a year and can't thank you guys enough for the inspiration.
I just [posted a question in /r/personalfinance](https://www.reddit.com/r/personalfinance/comments/3l91rg/us_two_companies_two_benefit_plans_which_to_choose/) about choosing between 2 healthcare pl... | 1,442,457,440 | 2015-09-17 02:37:20 | doubledipper98765532 | 11 | 17 | 0.71 | null | /r/financialindependence/comments/3l95od/us_about_to_more_than_double_my_annual_income_pay/ | https://www.reddit.com/r/financialindependence/comments/3l95od/us_about_to_more_than_double_my_annual_income_pay/ | financialindependence | wells_fargo |
351a2a | Question on Betterment vs. Vanguard | I'm considering moving some money (a self-run IRA through Scottrade, and a managed-by-Wells Fargo account that's of significantly larger size), and I like the style of Betterment, though I'm tempted my other possibilities. Some questions for you
a) Does anyone know if Betterment buys Admiral Shares of Vanguard, or the... | 1,430,896,841 | 2015-05-06 07:20:41 | peterinjapan | 1 | 8 | 0.53 | null | /r/financialindependence/comments/351a2a/question_on_betterment_vs_vanguard/ | https://www.reddit.com/r/financialindependence/comments/351a2a/question_on_betterment_vs_vanguard/ | financialindependence | wells_fargo |
30u2wh | Any advice on the best place to get a personal loan in California? | I am trying to consolidate my credit cards to one payment so that I am not paying so much in interest when all is said and done. I was already rejected by Wells Fargo, my bank because my credit card balances are pretty much mazed. I need about $13,000 in loans. Any advice? Credit unions? Banks? | 1,427,741,200 | 2015-03-30 18:46:40 | Bosswoman89 | 0 | 1 | 0.33 | null | /r/financialindependence/comments/30u2wh/any_advice_on_the_best_place_to_get_a_personal/ | https://www.reddit.com/r/financialindependence/comments/30u2wh/any_advice_on_the_best_place_to_get_a_personal/ | financialindependence | wells_fargo |
2thbhe | So I got pre-approved for $150,000 mortgage, what next? | Fellow Redditors,
I just got pre-approved for a $150,000 mortgage from Wells Fargo. The guy said I could possibly be approved for more since I have very little debt other than student loans (approx $300 per month). However I need some guidance now on what options I could take now...
This would be my first home. I am ... | 1,422,071,475 | 2015-01-24 03:51:15 | BASSLJ | 0 | 3 | 0.47 | null | /r/financialindependence/comments/2thbhe/so_i_got_preapproved_for_150000_mortgage_what_next/ | https://www.reddit.com/r/financialindependence/comments/2thbhe/so_i_got_preapproved_for_150000_mortgage_what_next/ | financialindependence | wells_fargo |
2g4eki | Looking for input – approaching FI/ ER trying to make a plan. | I have been reading the Personal finance and FI section of reddit for a while and I ‘m hoping I can get some pointers.
I’m 41 with a pretty good financial situation for myself.
I’m in a low cost of living area [tx] and I make about 50+ k a year.
I’m putting 15% into the 401k and the company match is 5% for a total o... | 1,410,457,452 | 2014-09-11 17:44:12 | hows_my_fi | 27 | 4 | 0.83 | null | /r/financialindependence/comments/2g4eki/looking_for_input_approaching_fi_er_trying_to/ | https://www.reddit.com/r/financialindependence/comments/2g4eki/looking_for_input_approaching_fi_er_trying_to/ | financialindependence | wells_fargo |
2g097t | Barclays vs. Vanguard investing | A little confused on what to do with some money i have saved up. So I'm a college student and i live with my grandmother for a petty 300$ a month, i have a little over $10,000 saved up but its kind of holding me back. I see the $10,000 and feel secure (even though i know thats not a lot of money), not sure if its becau... | 1,410,358,711 | 2014-09-10 14:18:31 | boredatwork21 | 12 | 9 | 0.7 | null | /r/financialindependence/comments/2g097t/barclays_vs_vanguard_investing/ | https://www.reddit.com/r/financialindependence/comments/2g097t/barclays_vs_vanguard_investing/ | financialindependence | wells_fargo |
2egmgg | It now appears the Wells Fargo might have the best health savings account (HSA) for investing, provided you don't actually use it for any healthcare expenses. Thoughts? | Someone over in /r/personalfinance was complaining about the excessive fees on their Wells Fargo HSA but when I went to have a look I realized that if you are using the account exclusively for investing, it just might be the best HSA out there. Here's the schedule of fees:
https://www08.wellsfargomedia.com/downloads/p... | 1,408,904,989 | 2014-08-24 18:29:49 | DoritosDewItRight | 35 | 42 | 0.82 | null | /r/financialindependence/comments/2egmgg/it_now_appears_the_wells_fargo_might_have_the/ | https://www.reddit.com/r/financialindependence/comments/2egmgg/it_now_appears_the_wells_fargo_might_have_the/ | financialindependence | wells_fargo |
1w3cy9 | 25/m Actually started down the road, any ideas/encouragement would be much appreciated | Alright team, I've started down the road to FI. As of right now - here's my situation, I have a take home paycheck of $5,600.
I am living abroad with an oil and gas company. My US tax burden is taken care of by a 17% tax sharing scheme required of all international employees (If you're from a no-tax country, you sti... | 1,390,623,721 | 2014-01-25 04:22:01 | capt_badass | 16 | 7 | 0.76 | null | /r/financialindependence/comments/1w3cy9/25m_actually_started_down_the_road_any/ | https://www.reddit.com/r/financialindependence/comments/1w3cy9/25m_actually_started_down_the_road_any/ | financialindependence | wells_fargo |
1m8z80 | Wells Fargo - Home Rebate Credit Credit Card | Hey All,
My wife and I have a home mortgage through Wells Fargo, and they keep putting in a flyer in our monthly mortgage statement for the [Wells Fargo Home Rebate Credit Card](https://www.wellsfargo.com/credit-cards/home-rebate/). Do any of you have experience with this? Any feedback that I can gather would be great.... | 1,378,997,592 | 2013-09-12 14:53:12 | casbern | 10 | 6 | 0.78 | null | /r/financialindependence/comments/1m8z80/wells_fargo_home_rebate_credit_credit_card/ | https://www.reddit.com/r/financialindependence/comments/1m8z80/wells_fargo_home_rebate_credit_credit_card/ | financialindependence | wells_fargo |
1jv8oe | Getting a student loan with only 1 semester of college left: should I go with the "no payments til 6 mo after graduation" loan or the "no interest til 6 mo after grad." Loan? | I've handled my money pretty well (22 yo) and have to finally get a loan to pay for my last semester of college this coming fall.
First: My situation
Tuition and rent is roughly $6000 this semester.
I do not plan on making any income this semester (I could get some freelance work if I really needed it, but this se... | 1,375,855,845 | 2013-08-07 06:10:45 | DeathToTheKings | 16 | 16 | 0.73 | null | /r/financialindependence/comments/1jv8oe/getting_a_student_loan_with_only_1_semester_of/ | https://www.reddit.com/r/financialindependence/comments/1jv8oe/getting_a_student_loan_with_only_1_semester_of/ | financialindependence | wells_fargo |
1gjs4n | Student credit cards easier to build credit than regular credit cards? | I'm trying to get a credit card for the first time. I already have a student Wells Fargo checking account. My goal is to build my credit. There are so many types of credit cards offered at the major banks and I honestly can't discern which one to pick. My first thought it to just grab the student credit card account... | 1,371,510,992 | 2013-06-17 23:16:32 | sonlc1 | 0 | 1 | 0.43 | null | /r/financialindependence/comments/1gjs4n/student_credit_cards_easier_to_build_credit_than/ | https://www.reddit.com/r/financialindependence/comments/1gjs4n/student_credit_cards_easier_to_build_credit_than/ | financialindependence | wells_fargo |
1jbq0rd | Here's a legit way to find ideas, the chapter is titled 'Reverse Engineering" | I am including this chapter from the book, "The Craft of Investing" by John Train, because of the frequent requests for ideas.
Sometimes its seems like our subreddit oscillates between "*Is google a good buy*" and "*What are some stocks to buy now*", so perhaps this chapter is quite apt, as it teaches people how to fi... | 1,742,024,624 | 2025-03-15 07:43:44 | raytoei | 50 | 7 | 0.95 | Basics / Getting Started | /r/ValueInvesting/comments/1jbq0rd/heres_a_legit_way_to_find_ideas_the_chapter_is/ | https://www.reddit.com/r/ValueInvesting/comments/1jbq0rd/heres_a_legit_way_to_find_ideas_the_chapter_is/ | ValueInvesting | wells_fargo |
1j6fei5 | 35 pitches found in hedge fund reports this week, each in a one-sentence thesis | Hi, I read the quarterly reports of about 300 hedge funds every quarter, so here are the 35 pitches I've found this week. Most of them would fit into a value portfolio:
**Baron Opportunity Fund on Arista Networks $ANET US**
Thesis: Arista’s AI-driven networking growth and Ethernet transition position it for strong m... | 1,741,434,047 | 2025-03-08 11:40:47 | StockCompil | 60 | 7 | 0.93 | Stock Analysis | /r/ValueInvesting/comments/1j6fei5/35_pitches_found_in_hedge_fund_reports_this_week/ | https://www.reddit.com/r/ValueInvesting/comments/1j6fei5/35_pitches_found_in_hedge_fund_reports_this_week/ | ValueInvesting | wells_fargo |
1j206t2 | Blue Owl Capital: The Next Blackstone? | This week, I’m diving into one of the few SPACs from the 2020-era Lollapalooza in financial markets that has actually worked out: a fast-growing alternative asset manager humbly named Blue Owl that, perhaps, has its eyes set on being the next Blackstone?
At scale, the asset management business can have very, very attr... | 1,740,946,391 | 2025-03-02 20:13:11 | somalley3 | 39 | 28 | 0.95 | Stock Analysis | /r/ValueInvesting/comments/1j206t2/blue_owl_capital_the_next_blackstone/ | https://www.theinvestorspodcast.com/intrinsic-value-podcast/blue-owl-capital-owl-the-next-blackstone-w-shawn-omalley/ | ValueInvesting | wells_fargo |
1j0tvhz | Congrats on surviving this week. How are you coping ? |
——-
Kudos if market volatility bounces off you,
for the rest of us, let me share this short excerpt,
from the little book of value investing by Christopher
Browne (of the Tweedy Browne fame),
this is from chapter 9:
——-
**Chapter Nine: Things That Go Bump in the Market**
Falling prices can be a double-edg... | 1,740,813,224 | 2025-03-01 07:13:44 | raytoei | 14 | 33 | 0.76 | Basics / Getting Started | /r/ValueInvesting/comments/1j0tvhz/congrats_on_surviving_this_week_how_are_you_coping/ | https://www.reddit.com/r/ValueInvesting/comments/1j0tvhz/congrats_on_surviving_this_week_how_are_you_coping/ | ValueInvesting | wells_fargo |
1isbkc6 | 🏦 Wall Street's Crystal Ball: How Accurate are Bank Analysts? [Data Analysis] | # 🎯 TL;DR:
Bank analysts are barely better than a coin flip, but some interesting patterns emerge in their 7,722 total predictions.
# 📊 The Numbers:
**Directional Accuracy** (% of correct predictions):
|Bank|Accuracy|Total Predictions|Error Rate|
|:-|:-|:-|:-|
|Citigroup|54.47%|1,254|107.76%|
|Goldman Sachs|53.09... | 1,739,881,732 | 2025-02-18 12:28:52 | YesterdayShot521 | 11 | 12 | 0.87 | Discussion | /r/ValueInvesting/comments/1isbkc6/wall_streets_crystal_ball_how_accurate_are_bank/ | https://www.reddit.com/r/ValueInvesting/comments/1isbkc6/wall_streets_crystal_ball_how_accurate_are_bank/ | ValueInvesting | wells_fargo |
1hex2n4 | Surprised to see how much stock Wells Fargo (WFC) is buying back. | Wells Fargo bought back 8% of its outstanding stock (diluted) over the last year. WFC was a dog a couple of years ago. [Now near all time high.](https://userupload.gurufocus.com/1868341881197457408.png)
I have some shares from long ago. Glad I held on through the lean time. What's your opinion? | 1,734,282,526 | 2024-12-15 17:08:46 | pravchaw | 5 | 8 | 1 | Discussion | /r/ValueInvesting/comments/1hex2n4/surprised_to_see_how_much_stock_wells_fargo_wfc/ | https://www.reddit.com/r/ValueInvesting/comments/1hex2n4/surprised_to_see_how_much_stock_wells_fargo_wfc/ | ValueInvesting | wells_fargo |
1gup87t | Dataroma Set-It-and-Forget-It Portfolio One Year Update | Hello,
In this post, I'm updating the one year performance of a set it and forget it portfolio of stocks using the top holdings of super investors from the website dataroma. The original post and technique used is here:
[https://www.reddit.com/r/ValueInvesting/comments/15v4iyy/dataroma\_set\_it\_and\_forget\_it\_port... | 1,731,991,366 | 2024-11-19 04:42:46 | IntrepidCranberry319 | 70 | 52 | 0.94 | Discussion | /r/ValueInvesting/comments/1gup87t/dataroma_setitandforgetit_portfolio_one_year/ | https://www.reddit.com/r/ValueInvesting/comments/1gup87t/dataroma_setitandforgetit_portfolio_one_year/ | ValueInvesting | wells_fargo |
1ftx6k1 | Wells Fargo Shares Are Undervalued: Barron's Stock Pick | You can read our stock thesis without hitting our paywall here: [https://www.barrons.com/articles/buy-wells-fargo-stock-price-pick-asset-cap-10edae53?st=zzdZCM](https://www.barrons.com/articles/buy-wells-fargo-stock-price-pick-asset-cap-10edae53?st=zzdZCM)
Summary of our argument below:
>Wells Fargo stock has been a ... | 1,727,811,972 | 2024-10-01 19:46:12 | barronsmag | 0 | 8 | 0.5 | Stock Analysis | /r/ValueInvesting/comments/1ftx6k1/wells_fargo_shares_are_undervalued_barrons_stock/ | https://www.reddit.com/r/ValueInvesting/comments/1ftx6k1/wells_fargo_shares_are_undervalued_barrons_stock/ | ValueInvesting | wells_fargo |
1emli93 | Resources For Investing Analysis | [I will try and keep an updated list of resources here if I get useful feedback](https://www.reddit.com/r/StrategicStocks/comments/1emk4ni/resources_sell_side_reports_and_media/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button).
To be able to make both tactical and strategic buyi... | 1,723,060,240 | 2024-08-07 19:50:40 | HardDriveGuy | 3 | 2 | 0.67 | Basics / Getting Started | /r/ValueInvesting/comments/1emli93/resources_for_investing_analysis/ | https://www.reddit.com/r/ValueInvesting/comments/1emli93/resources_for_investing_analysis/ | ValueInvesting | wells_fargo |
1ebg7kd | Chipotle: “We’re telling our teams, listen, we don’t want you to be skimping on portions,” Hartung said. “If you’re not sure whether to go a little more or a little less, go a little more.” | # Chipotle to Splurge on Bigger Portions to Keep Diners Happy
Daniela Sirtori Thu, Jul 25, 2024
[https://finance.yahoo.com/news/chipotle-sales-beat-market-expectations-201432864.html](https://finance.yahoo.com/news/chipotle-sales-beat-market-expectations-201432864.html)
(Bloomberg) -- Chipotle Mexican Grill Inc.’s... | 1,721,864,347 | 2024-07-24 23:39:07 | raytoei | 49 | 14 | 0.92 | Stock Analysis | /r/ValueInvesting/comments/1ebg7kd/chipotle_were_telling_our_teams_listen_we_dont/ | https://www.reddit.com/r/ValueInvesting/comments/1ebg7kd/chipotle_were_telling_our_teams_listen_we_dont/ | ValueInvesting | wells_fargo |
1eaccwf | Why I’m avoiding CrowdStrike and you should too | Hey folks,
I’ve been thinking a lot about CrowdStrike lately, especially after the colossal IT outage they caused. Here’s why I’m steering clear of investing in them right now.
The outage was a disaster, plain and simple. It didn’t just affect regular businesses but also hospitals and emergency services. Can you imag... | 1,721,752,496 | 2024-07-23 16:34:56 | wirsteve | 59 | 79 | 0.84 | Stock Analysis | /r/ValueInvesting/comments/1eaccwf/why_im_avoiding_crowdstrike_and_you_should_too/ | https://www.reddit.com/r/ValueInvesting/comments/1eaccwf/why_im_avoiding_crowdstrike_and_you_should_too/ | ValueInvesting | wells_fargo |
1ddy1wd | Warren Buffett & Charlie Munger: Unauthorized Accounting Scandals at Wells Fargo | null | 1,718,166,342 | 2024-06-12 04:25:42 | ColBlimp | 4 | 9 | 0.76 | Buffett | /r/ValueInvesting/comments/1ddy1wd/warren_buffett_charlie_munger_unauthorized/ | https://www.youtube.com/watch?v=q-BvNJxzJxM | ValueInvesting | wells_fargo |
1d3sw0b | VSTS (strong buy recommendation) bolstered by heavy cluster insider buys and activist investor (Keith Meister; Carl Icahn's right-hand man; MGM resorts) 16% equity stake. I see an expected turnaround and a 50-80% stoce price increase. | First of all, there are many reasons why I bought into VSTS heavily. Although I will do my best to keep it simple, it will inevitably be long because there are many points we must discuss. Here are the catalysts summarised before going into detail:
1. Panic sell-off was overblown
2. Ratios are way too cheap compared t... | 1,717,034,304 | 2024-05-30 01:58:24 | genteeldon | 26 | 32 | 0.92 | Stock Analysis | /r/ValueInvesting/comments/1d3sw0b/vsts_strong_buy_recommendation_bolstered_by_heavy/ | https://www.reddit.com/r/ValueInvesting/comments/1d3sw0b/vsts_strong_buy_recommendation_bolstered_by_heavy/ | ValueInvesting | wells_fargo |
1cdlg98 | Warren Buffett Built Berkshire. What Happens When He’s No Longer There? - Barron's on MSN |
[https://www.msn.com/en-us/money/savingandinvesting/warren-buffett-built-berkshire-what-happens-when-he-s-no-longer-there/ar-AA1nGYvR](https://www.msn.com/en-us/money/savingandinvesting/warren-buffett-built-berkshire-what-happens-when-he-s-no-longer-there/ar-AA1nGYvR)
Story by Andrew Bary
Warren Buff... | 1,714,138,165 | 2024-04-26 13:29:25 | NoDontClickOnThat | 40 | 20 | 0.85 | Buffett | /r/ValueInvesting/comments/1cdlg98/warren_buffett_built_berkshire_what_happens_when/ | https://www.reddit.com/r/ValueInvesting/comments/1cdlg98/warren_buffett_built_berkshire_what_happens_when/ | ValueInvesting | wells_fargo |
1c75csn | CPRI - +50% arb play | UPDATE 7/9: A few people have reached out for updates. I took a position around $37 a share, which was early. The company had a pretty bad miss on Q1 earnings at the end of May and the stock fell to the 31s. Since then a few analysts have come out in favor of the risk-reward setup and the stock has recovered to the... | 1,713,452,103 | 2024-04-18 14:55:03 | Barf_Covered_Balls | 21 | 29 | 0.9 | Stock Analysis | /r/ValueInvesting/comments/1c75csn/cpri_50_arb_play/ | https://www.reddit.com/r/ValueInvesting/comments/1c75csn/cpri_50_arb_play/ | ValueInvesting | wells_fargo |
18yhggz | WFC stock vs WFCNP | Hello, what is the difference between WFC stock listed on NYSE from Wells Fargo and WFCNP listed on OTC, also from Wells Fargo? | 1,704,386,443 | 2024-01-04 16:40:43 | Worth_Consequence_84 | 2 | 1 | 1 | Stock Analysis | /r/ValueInvesting/comments/18yhggz/wfc_stock_vs_wfcnp/ | https://www.reddit.com/r/ValueInvesting/comments/18yhggz/wfc_stock_vs_wfcnp/ | ValueInvesting | wells_fargo |
18p53cj | The Man Preparing for a Berkshire Hathaway Without Warren Buffett - The Wall Street Journal on MSN |
[https://www.msn.com/en-us/money/other/the-man-preparing-for-a-berkshire-hathaway-without-warren-buffett/ar-AA1lW7qx](https://www.msn.com/en-us/money/other/the-man-preparing-for-a-berkshire-hathaway-without-warren-buffett/ar-AA1lW7qx)
Story by Justin Baer
Berkshire Hathaway’s future chief executive o... | 1,703,336,008 | 2023-12-23 12:53:28 | NoDontClickOnThat | 35 | 8 | 0.91 | Discussion | /r/ValueInvesting/comments/18p53cj/the_man_preparing_for_a_berkshire_hathaway/ | https://www.reddit.com/r/ValueInvesting/comments/18p53cj/the_man_preparing_for_a_berkshire_hathaway/ | ValueInvesting | wells_fargo |
1899g0j | Highpeak Energy | Wondering people's thoughts on HPK.
Thesis is that it is undervalued compared to the recent M&A activity in the Permian basin.
WSJ had a small article about recent M&A in this weekends journal. Oxy and COP have a EV to Forward EBITDA of over 5 and their targets are < 4.5.
Ev/ebitda ttm 4.15
I couldn't get the Fo... | 1,701,540,601 | 2023-12-02 18:10:01 | bodaflack | 11 | 12 | 0.92 | Stock Analysis | /r/ValueInvesting/comments/1899g0j/highpeak_energy/ | https://www.reddit.com/r/ValueInvesting/comments/1899g0j/highpeak_energy/ | ValueInvesting | wells_fargo |
17f1y57 | Is Bank of America (BAC) Undervalued? | Bank of America has been the heaviest hit by the big four banks (JP Morgan, Citi, Wells Fargo, Bank of America) due to their massive exposure to mortgage backed securities and government treasuries. They're currently sitting on (according to their latest earnings presentation) around a $135 billion unrealized loss in t... | 1,698,113,808 | 2023-10-24 02:16:48 | alan13510 | 39 | 42 | 0.82 | Stock Analysis | /r/ValueInvesting/comments/17f1y57/is_bank_of_america_bac_undervalued/ | https://www.reddit.com/r/ValueInvesting/comments/17f1y57/is_bank_of_america_bac_undervalued/ | ValueInvesting | wells_fargo |
16mmfnw | Gray Television (GTN) | Hello, I would like to talk about GTN
So here is my take on the company.
So lets get some basic information out of the way:
Stock price: 7,38$ 09.11.2023 before market open
Market cap: 706m$
Long term debt: 6,3B$
Revenue (ttm): 3,6B (P/S 0,19)
P/B 0,34
Now I wont mention P/E or Free cash flow since my whole post wi... | 1,695,116,140 | 2023-09-19 09:35:40 | Aykazu | 21 | 25 | 1 | Stock Analysis | /r/ValueInvesting/comments/16mmfnw/gray_television_gtn/ | https://www.reddit.com/r/ValueInvesting/comments/16mmfnw/gray_television_gtn/ | ValueInvesting | wells_fargo |
1635mm9 | JPMorgan Chase Analysis and Financial Statements | [https://docs.google.com/spreadsheets/d/1jYmLCJs34NZ68p-Kg6q1uUqXzL6EYC\_IVXlfQzKiPMw/edit#gid=1090612000](https://docs.google.com/spreadsheets/d/1jYmLCJs34NZ68p-Kg6q1uUqXzL6EYC_IVXlfQzKiPMw/edit#gid=1090612000)
I've created a spreadsheet that contains 10 years of data from JPMorgan Chase’s balance sheets and income s... | 1,693,178,736 | 2023-08-27 23:25:36 | Benis_Benis_Benis | 9 | 8 | 0.85 | Stock Analysis | /r/ValueInvesting/comments/1635mm9/jpmorgan_chase_analysis_and_financial_statements/ | https://www.reddit.com/r/ValueInvesting/comments/1635mm9/jpmorgan_chase_analysis_and_financial_statements/ | ValueInvesting | wells_fargo |
15v4iyy | Dataroma set it and forget it portfolio | Hi Everyone,
I'll keep this short as I wrote a longer post that did not work!
The idea is to make a set it and forget it stock portfolio that outperforms the S and P 500. My current idea is to use the website dataroma's top 10-20 most owned stocks. Dataroma is a website that gives you the holdings of 70 to 80 of the ... | 1,692,414,163 | 2023-08-19 03:02:43 | IntrepidCranberry319 | 6 | 26 | 0.8 | Discussion | /r/ValueInvesting/comments/15v4iyy/dataroma_set_it_and_forget_it_portfolio/ | https://www.reddit.com/r/ValueInvesting/comments/15v4iyy/dataroma_set_it_and_forget_it_portfolio/ | ValueInvesting | wells_fargo |
12jr80r | So Which Bank Stock Did Buffett Actually Sell Due to the SVB-Regional Bank Crisis? | [https://www.youtube.com/watch?v=GP1ZaOd4Dtw](https://www.youtube.com/watch?v=GP1ZaOd4Dtw)
CNBC asks why he sold much of his bank stocks, some he had owned for 25-30 years. The question here being posed by Becky Quick is misleading because Buffett takes her comment to mean why he sold much of his bank holdings in rec... | 1,681,316,292 | 2023-04-12 16:18:12 | FastEddie354 | 51 | 25 | 0.96 | Buffett | /r/ValueInvesting/comments/12jr80r/so_which_bank_stock_did_buffett_actually_sell_due/ | https://www.reddit.com/r/ValueInvesting/comments/12jr80r/so_which_bank_stock_did_buffett_actually_sell_due/ | ValueInvesting | wells_fargo |
12hh7ay | How do you determine good/bad companies that are struggling? | Companies like 3M and Wells Fargo are down on their luck. Nobody seems to want to get in on them, other companies go down and everyone wants to jump in.
From what i understand, MMM’s price already priced in the worst case scenario for the lawsuits. What are other factors you guys look for to avoid or invest in an unde... | 1,681,129,375 | 2023-04-10 12:22:55 | _GR1FF_ | 33 | 26 | 0.94 | Basics / Getting Started | /r/ValueInvesting/comments/12hh7ay/how_do_you_determine_goodbad_companies_that_are/ | https://www.reddit.com/r/ValueInvesting/comments/12hh7ay/how_do_you_determine_goodbad_companies_that_are/ | ValueInvesting | wells_fargo |
104vu54 | Why is there such a large discrepancy between net income and free cash flow at health insurance companies like United Healthcare and Cigna? | **Why is there such a large discrepancy between net income and free cash flow at health insurance companies like United Healthcare and Cigna?**
Cigna
Net Income: 6,681,000
Free Cash Flow: 9,578,000
​
United Healthcare
Net Income: 19,922,000
Free Cash Flow: 30,442,000
​
**I've noticed this di... | 1,673,016,088 | 2023-01-06 14:41:28 | Over-Optimized | 13 | 30 | 0.82 | Question / Help | /r/ValueInvesting/comments/104vu54/why_is_there_such_a_large_discrepancy_between_net/ | https://www.reddit.com/r/ValueInvesting/comments/104vu54/why_is_there_such_a_large_discrepancy_between_net/ | ValueInvesting | wells_fargo |
y277bu | Intel Corporation - A Brief Analysis | Good Evening Folks!
*Here i am again doing shenanigans with balance sheets and numbers!* ***I would like to thank everyone last time for replying and giving advices or pointing out mistakes and bs***; you can see the previous posts in another sub [*here*](https://www.reddit.com/r/investing/comments/y0tob8/intel_corp_s... | 1,665,589,174 | 2022-10-12 15:39:34 | YungChaky | 45 | 18 | 0.87 | Stock Analysis | /r/ValueInvesting/comments/y277bu/intel_corporation_a_brief_analysis/ | https://www.reddit.com/r/ValueInvesting/comments/y277bu/intel_corporation_a_brief_analysis/ | ValueInvesting | wells_fargo |
twdyjg | Negative Owner’s Earning Wells Fargo | Hi everyone. New guy here. I created a spread sheet running a modified Owner’s Earnings formula:
[Net Op Cash -Full Capex + (Current Assets - Current Liabilities)] / diluted shares
For Wells Fargo model I ran today, I’m consistently getting negative owner’s earnings. For those also running this model, is this irregul... | 1,649,108,552 | 2022-04-04 21:42:32 | Findingwhatworks | 1 | 6 | 1 | Stock Analysis | /r/ValueInvesting/comments/twdyjg/negative_owners_earning_wells_fargo/ | https://www.reddit.com/r/ValueInvesting/comments/twdyjg/negative_owners_earning_wells_fargo/ | ValueInvesting | wells_fargo |
rd3yaa | Is Warren Buffett right about derivatives as weapons of mass destruction with regards to Tesla. Or is there an EV bubble? | Hello all,
Greetings from London.
I would love to get some opinions on [this interesting piece on the "Tesla-financial complex](https://www.ft.com/content/17f0cd1f-e751-4ddb-b13c-ea4e685b55c0)[" in the Financial Times](https://www.ft.com/content/17f0cd1f-e751-4ddb-b13c-ea4e685b55c0).
I found this article immensely f... | 1,639,124,214 | 2021-12-10 08:16:54 | DrunkMonkeylondon | 97 | 41 | 0.9 | Discussion | /r/ValueInvesting/comments/rd3yaa/is_warren_buffett_right_about_derivatives_as/ | https://www.reddit.com/r/ValueInvesting/comments/rd3yaa/is_warren_buffett_right_about_derivatives_as/ | ValueInvesting | wells_fargo |
pad6qs | Best sharpe ratio banks in the las 12 months | Banks with the price change above 50% with the best sharpe ratio in the last 12 months:
Filters applied in the screener:
Minimum market value: $1B Avg.
Volume: $100K
Minimum Performance: 50%
Industry: All applied banks
Order by Performance: 1 year sharpe
CM Canadian Imperial Bank of Commerce
BMO Bank of... | 1,629,767,483 | 2021-08-24 01:11:23 | jaugusto01 | 5 | 16 | 0.63 | Investing Tools | /r/ValueInvesting/comments/pad6qs/best_sharpe_ratio_banks_in_the_las_12_months/ | https://www.reddit.com/r/ValueInvesting/comments/pad6qs/best_sharpe_ratio_banks_in_the_las_12_months/ | ValueInvesting | wells_fargo |
oeedlq | My value portfolio | I am not going to go deep into why I bought any of these. If you wanna know, just ask.
ACO.X.TO Atco LTD: 6.79% @ 36.66 up 19.9%
* Main business is building structures and developing logistics for worksites.
* Side hustle - they made so much money from selling mobile worksite structures that they decided to purchase... | 1,625,513,135 | 2021-07-05 19:25:35 | valuescott | 31 | 45 | 0.91 | Discussion | /r/ValueInvesting/comments/oeedlq/my_value_portfolio/ | https://www.reddit.com/r/ValueInvesting/comments/oeedlq/my_value_portfolio/ | ValueInvesting | wells_fargo |
nvq55k | The Geo Group is undervalued with price to free cash flow ration of less than 2. | The Geo group is a company that runs private prisons plain and simple. They also have other segments like ankle monitoring, but the point I am trying to make is that the company is oversold because Biden signed an executive [order](https://www.whitehouse.gov/briefing-room/presidential-actions/2021/01/26/executive-order... | 1,623,224,699 | 2021-06-09 07:44:59 | Agitated_Curve2655 | 27 | 85 | 0.66 | Stock Analysis | /r/ValueInvesting/comments/nvq55k/the_geo_group_is_undervalued_with_price_to_free/ | https://www.reddit.com/r/ValueInvesting/comments/nvq55k/the_geo_group_is_undervalued_with_price_to_free/ | ValueInvesting | wells_fargo |
ltt0ou | Taking a Boat to Nowhere – Or How Mr. Market Doesn’t Care About Your Bargain Buy | Everybody likes to get a deal. It's in our nature to gravitate to those things that seem too good to pass up.
The pricing tactics employed by marketers are a testament to this fact and few among us are immune to the effect.
Here's an article that touches on some of these tactics. [HERE](https://www.fastcompany.com/18... | 1,614,447,258 | 2021-02-27 17:34:18 | MitMassUndZiel | 43 | 3 | 0.96 | Discussion | /r/ValueInvesting/comments/ltt0ou/taking_a_boat_to_nowhere_or_how_mr_market_doesnt/ | https://www.reddit.com/r/ValueInvesting/comments/ltt0ou/taking_a_boat_to_nowhere_or_how_mr_market_doesnt/ | ValueInvesting | wells_fargo |
lrzav5 | Munger disagrees with Buffett on Wells Fargo? | [https://finance.yahoo.com/news/munger-diverges-from-buffett-on-wells-fargo-warren-got-disenchanted-205835811.html](https://finance.yahoo.com/news/munger-diverges-from-buffett-on-wells-fargo-warren-got-disenchanted-205835811.html)
Thoughts? I have been investing in Wells Fargo since March 2020. I still think they have... | 1,614,231,474 | 2021-02-25 05:37:54 | Crazrwire999 | 9 | 3 | 0.91 | Discussion | /r/ValueInvesting/comments/lrzav5/munger_disagrees_with_buffett_on_wells_fargo/ | https://www.reddit.com/r/ValueInvesting/comments/lrzav5/munger_disagrees_with_buffett_on_wells_fargo/ | ValueInvesting | wells_fargo |
lolhb1 | Finding mispriced options/leaps | I have been trying to study options lately just to be familiar with them. I am not interested in trading options but learning how options could potentially be a tool that value investors could use. This is particularly true in regard to finding mispriced options.
I read the book "Understanding Options" 2E by Michael ... | 1,613,869,659 | 2021-02-21 01:07:39 | Crazrwire999 | 1 | 0 | 1 | Discussion | /r/ValueInvesting/comments/lolhb1/finding_mispriced_optionsleaps/ | https://www.reddit.com/r/ValueInvesting/comments/lolhb1/finding_mispriced_optionsleaps/ | ValueInvesting | wells_fargo |
lj3woj | Why do folks keep repeating the myth that Warren Buffet never sells stocks? He has consistently gone in and out of stocks throughout his careers. (AAL, IBM, GS etc) | Too often, someone will say that Warren buys and never sells. Most recently, it was said by a respected Bloomberg journalist Erik
Schatzker in his interview with Chamath below. (Link below) Not to pile on this journalist, I hear it on a weekly basis from CNBC to Timbuktu. Anyone know why that is?
['All Things Chamath'... | 1,613,234,402 | 2021-02-13 16:40:02 | hhh888hhhh | 62 | 30 | 0.93 | Buffett | /r/ValueInvesting/comments/lj3woj/why_do_folks_keep_repeating_the_myth_that_warren/ | https://www.reddit.com/r/ValueInvesting/comments/lj3woj/why_do_folks_keep_repeating_the_myth_that_warren/ | ValueInvesting | wells_fargo |
l9rsxh | I own $COTY stock and calls and I think you should too. Stock is a value play with many catalysts. Target $10 to $30 depending in time horizon. | Here is why I bought 400 contracts of $COTY Calls for Feb 19th $7 strike, almost 5% of Open interest. Price target is $10 post earnings next week.
A bit of background first so you can understand the reasoning why I am pretty much all in on calls. Can post pic of my account below for proof. Please do your own due dilig... | 1,612,144,236 | 2021-02-01 01:50:36 | ValueMaverick | 20 | 20 | 0.84 | Stock Analysis | /r/ValueInvesting/comments/l9rsxh/i_own_coty_stock_and_calls_and_i_think_you_should/ | https://www.reddit.com/r/ValueInvesting/comments/l9rsxh/i_own_coty_stock_and_calls_and_i_think_you_should/ | ValueInvesting | wells_fargo |
l8vv0w | Value opportunities in stocks that are still down for the past year | About a year ago today was when coronavirus news was really hitting financial twitter and corporate media in earnest. We know how the market has gone since then. But I was interested to see what big stocks are still not returned to their pre-crisis values. So I ran a TOS screen: stocks in the Russell 1000 that are at l... | 1,612,041,188 | 2021-01-30 21:13:08 | pmchem | 45 | 48 | 0.94 | Discussion | /r/ValueInvesting/comments/l8vv0w/value_opportunities_in_stocks_that_are_still_down/ | https://www.reddit.com/r/ValueInvesting/comments/l8vv0w/value_opportunities_in_stocks_that_are_still_down/ | ValueInvesting | wells_fargo |
kt73w6 | Citi (C) considerably below book value | Citi trades about 20% below its tangible book value -- even cheaper than Wells Fargo which has considerably more headwinds, and well below industry leaders like BoFA and JPM. Justified or mispriced? | 1,610,126,747 | 2021-01-08 17:25:47 | TyeSmall | 1 | 5 | 1 | Stock Analysis | /r/ValueInvesting/comments/kt73w6/citi_c_considerably_below_book_value/ | https://www.reddit.com/r/ValueInvesting/comments/kt73w6/citi_c_considerably_below_book_value/ | ValueInvesting | wells_fargo |
ikqx06 | Rate my portfolio/investment strategy | I thought it would be cool to post my stock portfolio and overall strategy as a means to see what you think I am doing great, what I am doing bad and what I could possibly change for the better. Feel free to post your own strategy on the comments below or PM me and I can offer my insights as well.
I have been investin... | 1,598,988,187 | 2020-09-01 19:23:07 | Crazrwire999 | 3 | 9 | 0.71 | null | /r/ValueInvesting/comments/ikqx06/rate_my_portfolioinvestment_strategy/ | https://www.reddit.com/r/ValueInvesting/comments/ikqx06/rate_my_portfolioinvestment_strategy/ | ValueInvesting | wells_fargo |
fmjtkc | Solaris Oilfield Infrastructure-Please Poke Holes | SOI is the leading mobile proppant management system provide (sand silos) for U.S. Shale drillers. It has 1/3 of the market share. It has no debt, 60 million in cash, an untapped 50M line of credit with Wells Fargo. At the time of Q4 earnings release, it was valued at 550M. It’s current market cap is 145M. Essentially,... | 1,584,816,151 | 2020-03-21 18:42:31 | HumanIncome8 | 1 | 1 | 1 | stocks | /r/ValueInvesting/comments/fmjtkc/solaris_oilfield_infrastructureplease_poke_holes/ | https://www.reddit.com/r/ValueInvesting/comments/fmjtkc/solaris_oilfield_infrastructureplease_poke_holes/ | ValueInvesting | wells_fargo |
ev8itd | BAT – A Wonderful Company at A Wonderful Price (8x PE, 15% dividend yield, 100% ROE) |
*In 1987, Buffett famously stated, "I'll tell you why I like the cigarette business. It costs a penny to make. Sell it for a dollar. It's addictive. And there's fantastic brand loyalty."*
*“The best business to own is one that over an extended period of time can employ large amounts of incremental capital at ... | 1,580,232,634 | 2020-01-28 17:30:34 | investorinvestor | 12 | 2 | 0.71 | stocks | /r/ValueInvesting/comments/ev8itd/bat_a_wonderful_company_at_a_wonderful_price_8x/ | https://www.reddit.com/r/ValueInvesting/comments/ev8itd/bat_a_wonderful_company_at_a_wonderful_price_8x/ | ValueInvesting | wells_fargo |
5wtkm5 | John Stumpf Interview: Wells Fargo CEO survived as peers fell (2012 article) | null | 1,488,347,599 | 2017-03-01 05:53:19 | UnexpectedHanzo | 3 | 1 | 1 | interview | /r/ValueInvesting/comments/5wtkm5/john_stumpf_interview_wells_fargo_ceo_survived_as/ | http://www.seattletimes.com/business/in-person-wells-fargo-ceo-survived-as-peers-fell/ | ValueInvesting | wells_fargo |
1isz698 | 🚀 Wall Street Analysts' Report Card - Who's Actually Worth Listening To? (Contd) | Following up on my previous post about analyst predictions (https://www.reddit.com/r/quant/comments/1ishm8p/wall\_street\_analysts\_report\_card\_whos\_actually/ ), I dug deeper into the data to break down performance between buy and sell calls. The results were quite interesting.
TL;DR: Analysts are significantly bet... | 1,739,947,177 | 2025-02-19 06:39:37 | NoCartographer4725 | 46 | 10 | 0.98 | Backtesting | /r/quant/comments/1isz698/wall_street_analysts_report_card_whos_actually/ | https://www.reddit.com/r/quant/comments/1isz698/wall_street_analysts_report_card_whos_actually/ | quant | wells_fargo |
1ishm8p | 🚀 Wall Street Analysts' Report Card - Who's Actually Worth Listening To? | I did a deep dive into analyst predictions from major banks (2023-2024) and found some spicy data that might help us make better plays. Here's what I discovered:
**TLDR:**
* Deutsche Bank, JPM, and BofA are the most accurate (65%+ win rate)
* Morgan Stanley spams the most predictions (1,287) but only hits 61%
* Goldm... | 1,739,898,363 | 2025-02-18 17:06:03 | NoCartographer4725 | 64 | 25 | 0.89 | Trading | /r/quant/comments/1ishm8p/wall_street_analysts_report_card_whos_actually/ | https://www.reddit.com/r/quant/comments/1ishm8p/wall_street_analysts_report_card_whos_actually/ | quant | wells_fargo |
1c00sdm | New Intern Judgement Worries | I'm interning @ Wells Fargo as a Quantitative Analyst this summer (data science position). A few comments by an overthinking friend made me overthink the following:
1) I have two earlobe studs on each ear and a short hook piercing inside my ear (which is kinda subtle). He said it might be considered unprofessional. Do... | 1,712,690,765 | 2024-04-09 19:26:05 | Broad-Cup-5008 | 29 | 13 | 0.8 | Career Advice | /r/quant/comments/1c00sdm/new_intern_judgement_worries/ | https://www.reddit.com/r/quant/comments/1c00sdm/new_intern_judgement_worries/ | quant | wells_fargo |
rsiczn | Significant Employers of Quants | One Fund To Rule Them All:
Renaissance Technologies
​
Proprietary Trading Shops:
Jane Street
Citadel Securities
IMC
Optiver
Akuna
DRW
CTC
SIG
TransMarketGroup
Old Mission Capital
Five Rings
Radix
3Red
XTX
Ginkgo
Sunrise
Volant
High fre... | 1,640,915,567 | 2021-12-31 01:52:47 | zlbb | 622 | 83 | 0.99 | null | /r/quant/comments/rsiczn/significant_employers_of_quants/ | https://www.reddit.com/r/quant/comments/rsiczn/significant_employers_of_quants/ | quant | wells_fargo |
pwvo7w | Which bank in your opinion will be the best to work for as a quant? | Bank of America or Wells Fargo? | 1,632,793,068 | 2021-09-28 01:37:48 | Present-Yogurt-1998 | 0 | 6 | 0.3 | null | /r/quant/comments/pwvo7w/which_bank_in_your_opinion_will_be_the_best_to/ | https://www.reddit.com/r/quant/comments/pwvo7w/which_bank_in_your_opinion_will_be_the_best_to/ | quant | wells_fargo |
1lpl2tq | Wall Street’s “smart money” is loading up on bank stocks | U.S. hedge funds made their biggest net purchases of bank stocks in nearly a decade last week, Goldman Sachs data show, driving financial shares to record highs. Investors are banking on planned regulatory relief—including lighter capital and leverage requirements set to take effect in the second half of 2025—to spur l... | 1,751,425,138 | 2025-07-02 02:58:58 | Proud-Discipline9902 | 0 | 1 | 0.38 | null | /r/economy/comments/1lpl2tq/wall_streets_smart_money_is_loading_up_on_bank/ | https://www.reddit.com/r/economy/comments/1lpl2tq/wall_streets_smart_money_is_loading_up_on_bank/ | economy | wells_fargo |
1lk2huj | Consumers are feeling the pressure of a stagnant labor market | Consumers are feeling worse about the labor market outlook.
In June's Consumer Confidence Survey, 29.2% of respondents said jobs were "plentiful," down from 31.1% in May. Meanwhile, 18.1% of consumers said jobs were "hard to get," down slightly from 18.4% in month prior.
These may seem like mere details, but this... | 1,750,848,706 | 2025-06-25 10:51:46 | Zestyclose-Salad-290 | 29 | 3 | 1 | null | /r/economy/comments/1lk2huj/consumers_are_feeling_the_pressure_of_a_stagnant/ | economy | wells_fargo | |
1li9x5w | Tesla’s $44 B CapEx Spend Spurs Cash-Flow Warning | [Tesla (TSLA-US)](https://www.marketcapwatch.com/company/tesla-marketcap) revealed it’s invested roughly **$44 billion** in capital expenditures through early 2025—over **$10 billion** in FY 2024 alone and an **$8 billion** projection for 2025. While these outlays fuel growth in AI and autonomous driving, analysts warn... | 1,750,661,854 | 2025-06-23 06:57:34 | Proud-Discipline9902 | 5 | 0 | 0.78 | null | /r/economy/comments/1li9x5w/teslas_44_b_capex_spend_spurs_cashflow_warning/ | https://www.reddit.com/r/economy/comments/1li9x5w/teslas_44_b_capex_spend_spurs_cashflow_warning/ | economy | wells_fargo |
1lcnnby | Hidden Rare Earth Licenses: Is Tesla Being Targeted? | According to Reuters, China recently issued rare earth licenses to suppliers linked with three major U.S. automakers last week—but Tesla was left out. Amid persistent trade tensions and CEO Elon Musk’s outspoken foreign policy, questions are rising about whether Tesla is being deliberately sidelined to favor China’s lo... | 1,750,063,117 | 2025-06-16 08:38:37 | Proud-Discipline9902 | 38 | 8 | 0.9 | null | /r/economy/comments/1lcnnby/hidden_rare_earth_licenses_is_tesla_being_targeted/ | https://www.reddit.com/r/economy/comments/1lcnnby/hidden_rare_earth_licenses_is_tesla_being_targeted/ | economy | wells_fargo |
1kwturi | U.S. manufacturing wages are both too low and too high, posing an obstacle to reviving such jobs. What should be done to fix the problem? 🤔 | If restoring manufacturing means bringing employment to its 1979 peak, numerous obstacles stand in the way, economists at Wells Fargo Securities found in an analysis published recently. One of the most important factors:
U.S. manufacturing workers are paid well compared to those in other countries, meaning companies h... | 1,748,368,258 | 2025-05-27 17:50:58 | Choobeen | 5 | 7 | 0.73 | null | /r/economy/comments/1kwturi/us_manufacturing_wages_are_both_too_low_and_too/ | https://www.investopedia.com/a-paradox-for-u-s-manufacturing-pay-is-too-high-and-too-low-at-the-same-time-11739582 | economy | wells_fargo |
1ksta7h | Trump's tariffs won't lead to a resurgence of U.S. manufacturing jobs, Wells Fargo analysis says | null | 1,747,926,955 | 2025-05-22 15:15:55 | SscorpionN08 | 31 | 1 | 0.91 | null | /r/economy/comments/1ksta7h/trumps_tariffs_wont_lead_to_a_resurgence_of_us/ | https://www.cnbc.com/2025/05/22/trump-tariffs-wont-revive-us-factory-jobs-wells-fargo-analysis-says.html | economy | wells_fargo |
1kr4s96 | Moody's downgrades JPM, BofA and Wells Fargo after US credit rating cut | null | 1,747,747,448 | 2025-05-20 13:24:08 | JustMyOpinionz | 3 | 1 | 0.8 | null | /r/economy/comments/1kr4s96/moodys_downgrades_jpm_bofa_and_wells_fargo_after/ | https://www.reuters.com/markets/us/moodys-downgrades-jpm-bofa-wells-fargo-after-us-credit-rating-cut-2025-05-19/?utm_campaign=trueAnthem%3A+Trending+Content&utm_medium=trueAnthem&utm_source=facebook&fbclid=IwZXh0bgNhZW0CMTEAAR59mJW6zI2u7jNd2y5tL39fxMlgIz-5b7zIAHx0J_eEF0F5jvs-BtDUbbg6bw_aem_rJwFnuJFTA03uOf1EQ-XsA&sfnsn=... | economy | wells_fargo |
1jy7801 | $11,858,200,000 in Delinquent Loans Hit JPMorgan Chase, Bank of America, Wells Fargo, Citigroup and Goldman Sachs As Sour Debt Surges: Report | null | 1,744,549,618 | 2025-04-13 13:06:58 | thinkB4WeSpeak | 12 | 2 | 0.83 | null | /r/economy/comments/1jy7801/11858200000_in_delinquent_loans_hit_jpmorgan/ | https://dailyhodl.com/2025/04/12/11858200000-in-delinquent-loans-hit-jpmorgan-chase-bank-of-america-wells-fargo-citigroup-and-goldman-sachs-as-sour-debt-surges-report/ | economy | wells_fargo |
1jumt82 | If The Bottom Falls Out of the Commercial Real Estate Market, Huge Bank Failures Are Imminent! | null | 1,744,141,938 | 2025-04-08 19:52:18 | GroundbreakingLynx14 | 1 | 2 | 1 | null | /r/economy/comments/1jumt82/if_the_bottom_falls_out_of_the_commercial_real/ | economy | wells_fargo | |
1js7yz4 | 34. Weekly Market Recap: Key Movements & Insights | **Tariffs Trigger Financial Chaos: Markets Suffer One of the Worst Drops in History**
The financial markets faced a turbulent week as the White House unveiled a sweeping new tariff policy, triggering widespread volatility. Investors are now bracing for a critical week ahead, with key economic data and corporate earnin... | 1,743,872,229 | 2025-04-05 16:57:09 | Market_Moves_by_GBC | 2 | 0 | 1 | null | /r/economy/comments/1js7yz4/34_weekly_market_recap_key_movements_insights/ | https://www.reddit.com/r/economy/comments/1js7yz4/34_weekly_market_recap_key_movements_insights/ | economy | wells_fargo |
1jk064i | Wells Fargo says home sales aren't far off from levels seen in the wake of the Great Recession | null | 1,742,952,182 | 2025-03-26 01:23:02 | lurker_bee | 8 | 1 | 0.76 | null | /r/economy/comments/1jk064i/wells_fargo_says_home_sales_arent_far_off_from/ | https://fortune.com/2025/03/24/home-sales-great-recession-wells-fargo/ | economy | wells_fargo |
1ik5ywy | Foreign firms can operate in Canada, but it’s far from easy especially Telecom and Banking | The claim that "American banks, are not allowed to do business in Canada" - though false - does speak to a broader frustration with restrictions on competition in Canada.
According to Bloomberg, Foreign firms can operate in both sectors, but it’s far from easy.
A US company can enter Canada’s telecom sector but is... | 1,738,963,038 | 2025-02-07 21:17:18 | PrestigiousCat969 | 3 | 0 | 0.67 | null | /r/economy/comments/1ik5ywy/foreign_firms_can_operate_in_canada_but_its_far/ | economy | wells_fargo | |
1ij39dk | I’m updating my 2025 stock market predictions . . . Sell, Sell, Sell !!! | ERROR: type should be string, got "https://preview.redd.it/1uteonddzihe1.jpg?width=1280&format=pjpg&auto=webp&s=5df3ca01ef45da11e06abaa90c5e221f5a4551a5\n\n***Photo above*** *- \"Hey, I just had an idea . . . \"* \n \nA few weeks ago I predicted that 2025 would be a down year for US markets. Not “crash of 1929” down, but a retreat driven by irrational exuberance and growing problems rolling over the balance of our world-crushing $36 trillion national debt. (The USA has borrowed more than the next 10 nations combined). \n \nI’d like a do-over on that prediction. There ARE some stocks I’d sell, if I actually owned them (full disclosure – I probably do, as part of an S&P 500 index fund). But I don’t believe I own any of these companies individually. Why am I taking the opposite view of that $100 million dollar talking head Jim Cramer? \n \nBecause government price controls are about to be debated in the Senate. (see link below). \n \nIf I asked you to name the Senate’s most clueless, least financially savvy member, a lot of readers would get this right. Yep, Bernie Sanders. He’s an independent, or socialist, or student activist helping Castro harvest sugar cane in Cuba, depending on what day you look at him. He thinks banks ought to be restricted – by law – from charging more than 10% interest. But just for 5 years, until the economy is destroyed, and a democrat can occupy the White House. Bernie isn’t proposing a permanent cap. \n \nWhat happens if he gets his wish? (don’t worry, he won’t) \n \n**An immediate sell off on US bank stocks.** Wave goodbye to Chase, Bank of America, Citibank, American Express, Wells Fargo, Capital One . . . I guarantee that these are prominently included the index weightings. They immediately exit the credit card business, and more than half their earnings evaporate as well. \n \n**In this “everything must go” scenario, what’s next?** Big box retailers like Best Buy, Home Depot, Lowes, Amazon, Target, WalMart. That’s where we buy our refrigerators, washing machines, and QLED televisions. On credit. Nobody pays cash for these things unless they’re an NFL starting quarterback, or is spent 18 months on an “Era’s Tour” which grossed over $1 trillion. \n \n**I’d sell the big appliance makers themselves**, but I think those things are all made overseas now. Samsung, LG, Haier, Bosch, Sony . . . Whirlpool (which also owns the Maytag brand now) is still a US corporation, but they’re pretty far down the sales list. Whirlpool currently is operating at a net loss already. Nobody goes to Best Buy and asks “show me the latest Whirlpool refrigerator”. \n \n**Airlines, Hotels, and Cruise ships**. These all get charged to credit cards. My last hotel stay (in Eastchester NY) was over $500 for one night at a two-star “Springhill Suites”. There was an 8% room tax included, plus a mandatory $25 parking fee. $39 for breakfast for 2, since there were no alternatives in walking distance. So I’d be selling Marriot, Hilton, and Wyndham. American Airlines, Delta, Southwest, and United. Enterprise, Avis, Hertz . \n \n**I’d sell Disney,** Vail Resorts, MGM Grand, Caesars Entertainment, Carnival Cruises, Royal Caribbean. \n \nYou might also want to get rid of anything to do with bathroom remodeling, kitchen remodeling, new decks/patios, roofing replacement, HVAC replacement, furniture . . . \n \nOkay, okay . . . I realize that I actually HAVE just defined what a stock market crash and recession look like. But as I said, nobody takes Bernie Sanders seriously. Not even Bernie himself. If he did, he'd have made this proposal during the Biden administration. \n \nI’m just sayin’ . . . \n \n[**Sens. Hawley, Sanders Propose 10% Cap on Credit Card Rates | Newsmax.com**](https://www.newsmax.com/finance/streettalk/credit-card-interest/2025/02/05/id/1197899/)" | 1,738,850,631 | 2025-02-06 14:03:51 | baltimore-aureole | 0 | 0 | 0.22 | null | /r/economy/comments/1ij39dk/im_updating_my_2025_stock_market_predictions_sell/ | https://www.reddit.com/r/economy/comments/1ij39dk/im_updating_my_2025_stock_market_predictions_sell/ | economy | wells_fargo |
1igta9a | Wells Fargo Survey: Commercial Business Sentiment Reaches its Highest Level in Four Years, Following the Election | null | 1,738,600,632 | 2025-02-03 16:37:12 | ColorMonochrome | 0 | 0 | 0.5 | null | /r/economy/comments/1igta9a/wells_fargo_survey_commercial_business_sentiment/ | https://www.schwab.wallst.com/research/public/news/viewStory?YYY20_mOoh8sgX6mmr3LhHKMxHZLHtRFG2/qBxI9fyFIWOGzSvSrDoVZwqpImZQFvLP3asqG8T4Icl8wK73vuIDG5Xy9nxSTmsD+jzLf+NwQWC6E0Ti6Qi5pgrHrqplDm8aIULiqKVDdfa1Io=&a=1 | economy | wells_fargo |
1i1bpq6 | JPMorgan faces internal revolt over RTO mandate—now talk of a Wells Fargo-style labor union is reportedly spreading | null | 1,736,876,590 | 2025-01-14 17:43:10 | lurker_bee | 43 | 7 | 0.93 | null | /r/economy/comments/1i1bpq6/jpmorgan_faces_internal_revolt_over_rto/ | https://fortune.com/2025/01/14/jpmorgan-internal-revolt-rto-mandate-wells-fargo-labor-union/ | economy | wells_fargo |
1hzpd8e | 📈 Market Capitalization Growth of the Four Largest U.S. Banks (2000–2024) | null | 1,736,696,563 | 2025-01-12 15:42:43 | EconomySoltani | 5 | 0 | 0.86 | null | /r/economy/comments/1hzpd8e/market_capitalization_growth_of_the_four_largest/ | economy | wells_fargo | |
1htf4ve | OMG – I’m completely evil. I use some of most America’s “most hated brands”. Do you? | 1,735,999,811 | 2025-01-04 14:10:11 | baltimore-aureole | 0 | 0 | 0.11 | null | /r/economy/comments/1htf4ve/omg_im_completely_evil_i_use_some_of_most/ | https://www.reddit.com/r/economy/comments/1htf4ve/omg_im_completely_evil_i_use_some_of_most/ | economy | wells_fargo | |
1hpq2rg | Good news everybody. We will all save BILLIONS on bounced checks! | ERROR: type should be string, got "https://preview.redd.it/ri5wnvihb0ae1.jpg?width=474&format=pjpg&auto=webp&s=b39485af2ff46f34d821204947dbe3227902534f\n\n***Photo above -*** *Welcome to Braavos. The Iron Bank is that giant building on the left. Make sure you understand what their fees are before you open an account.* \n \nHere’s a term people outside the financial services industry seldom hear: “Unbanked”. It’s a clever way of saying someone hasn’t got any of the following: checking account, savings account, debit card, credit card . . . \n \nThe unbanked mostly didn’t achieve this by choice. They were put on blacklists, because they have repeatedly overdrawn their checking accounts, passed bad checks, forged checks, or attempted ATM fraud. I could keep going, but there a LOT of ways you can get on the banks' $hit list. Then they won’t open any more checking or savings accounts for you. \n \nThe unbanked are the people you see paying cash for their groceries and gasoline. You might think they’re economically secure, because they have a couple hundred dollars in a wallet or purse. You’d be wrong. That $200 is all the money they have in the world. Until the next payday, or government check. \n \nThe legion of the unbanked is about to expand. A LOT. President Biden has a going away present for everyone. The white house is going to limit overdraft fees (for paying checks when your account is empty) to just $5. See link below. \n \nThis is going to be great. As long as you actually have a savings account. Today overdraft fees can be $19, $29, $39. Call your bank and find out for sure. If you get hit with a $29 fee and pay it, the bank figure’s you’re a decent risk, despite overdrawing your account. If you can’t (or won’t) pay it, they close your account. You are now unbanked. You’re on the list. Any bank using the list won’t open an account for you. A credit union might. Some credit unions use the holy list, some don’t. Call around. But prepare to be unbanked. And find the nearest check cashing service at the “bad mall” across town. That’s where you will get your paycheck turned into cash, so you can go to the grocery store. Check cashing fees vary . . . but most are in the 5% range. A $500 payroll check could cost you $25 to cash. \n \nIf banks are limited to $5 overdraft fees, a bunch of them (the big money center banks like Chase, Citi, B of A, Wells Fargo) are just going to say “eff it” when customers bounce a couple of checks. Put you on the list. You will be unbanked. Now you can start paying 25 bucks to cash your check at the place next to the liquor store. \n \nAre we having fun yet? \n \nThere are no good options here. $29 is a LOT for an overdraft fee. But signing an agreement to have the bank dishonor your checks when your balance is too low makes you a pariah with everyone who has your check bounce. Your apartment complex will probably assess a late fee if your monthly rent check bounces. \n \nSome brainiac is going to immediately suggest “Tell Biden to stop those damn check cashing fees. Limit THOSE to a max of $5 too.” Which would immediately cause 90% of the check cashing stores to close. Some places – like McDonalds – WILL pay burger flippers and cashiers with prepaid debit cards. You get this every two weeks, just like a paycheck. But some of those have fees too. \n \nI wish I had better news. I don’t like overdraft fees, check cashing fees, late fees, overlimit credit card fees, monthly account fees, annual fees. I also don’t like personal income taxes, social security taxes, Medicare taxes, sales tax, liquor taxes, gasoline taxes, cigarette taxes, highway tolls, 911 service surcharges on my cellular bill. Airport boarding fees. Parking fees. And why isn’t cable and internet free? The freakin' wires have been there for years and years . . . \n \nWe live in a nation where 20% of Americans didn’t finish high school. Where the average reading level is 5th grade. Where adding 4 plus 7 is challenge for some people because it’s more than 10 fingers. Long division is a mystery. If you can balance your checkbook and read the bank's service agreement, thank a teacher. \n \nI’m not asking . . . or expecting . . . some future president to restore unlimited overdraft and late fees. But the outgoing administration lives in a fantasy world where people aren’t expected to have basic math skills, or repay their student loans, or save for the future. And nobody will be able to live on social security alone, even if it survives. \n \nI’m just sayin’ . . . \n \n \n[**The Biden Administration is ‘cracking down’ on banks by imposing a $5 cap on overdraft fees, says Americans could save billions in ‘excessive junk fees.’ Will Trump kill the policy?**](https://www.msn.com/en-us/money/other/the-biden-administration-is-cracking-down-on-banks-by-imposing-a-5-cap-on-overdraft-fees-says-americans-could-save-billions-in-excessive-junk-fees-will-trump-kill-the-policy/ar-AA1wEGGa?ocid=BingNewsSerp)" | 1,735,573,753 | 2024-12-30 15:49:13 | baltimore-aureole | 0 | 1 | 0.13 | null | /r/economy/comments/1hpq2rg/good_news_everybody_we_will_all_save_billions_on/ | https://www.reddit.com/r/economy/comments/1hpq2rg/good_news_everybody_we_will_all_save_billions_on/ | economy | wells_fargo |
1hiomvk | CFPB Sues JPMorgan Chase, Bank of America, and Wells Fargo for Allowing Fraud to Fester on Zelle | null | 1,734,715,005 | 2024-12-20 17:16:45 | HellYeahDamnWrite | 9 | 1 | 0.92 | null | /r/economy/comments/1hiomvk/cfpb_sues_jpmorgan_chase_bank_of_america_and/ | https://www.consumerfinance.gov/about-us/newsroom/cfpb-sues-jpmorgan-chase-bank-of-america-and-wells-fargo-for-allowing-fraud-to-fester-on-zelle/ | economy | wells_fargo |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.