Candy Apple 12 Posted November 10, 2023 #1 Share Posted November 10, 2023 (edited) With the stock price dropping, I’m thinking of biting the bullet and finally buying stock to get the OBC for my two upcoming cruises. Does anyone have any experience with using E*trade to buy stock? This might be the easiest way to do it. Any negatives? It looks like it takes three business days to find your account, though. Hopefully the price stays low until then and goes up afterwards. Edited November 10, 2023 by Candy Apple 12 1 Link to comment Share on other sites More sharing options...
ChiefMateJRK Posted November 10, 2023 #2 Share Posted November 10, 2023 Many of us just create an account at a normal brokerage (i.e. Fidelity, Schwab or Vanguard). Which one is best? Well, that will always be a Ford vs. Chevy debate. 🤣 I know nothing about E*trade. 3 Link to comment Share on other sites More sharing options...
phillygwm Posted November 10, 2023 #3 Share Posted November 10, 2023 (edited) 52 minutes ago, Candy Apple 12 said: With the stock price dropping, I’m thinking of biting the bullet and finally buying stock to get the OBC for my two upcoming cruises. Does anyone have any experience with using E*trade to buy stock? This might be the easiest way to do it. Any negatives? It looks like it takes three business days to find your account, though. Hopefully the price stays low until then and goes up afterwards. Sure, while I don't have experience with them, E-Trade is as good as any brokerage, especially if it's just a small account with 100 shares of NCLH. I don't believe they charge commission. For different reasons, I have accounts with Fidelity and Schwab; I know those are commission free. Both are easy to setup and use. When you book your next cruise, you'll print out the form on the NCL website, send a copy of your brokerage statement showing the NCLH holding (blacking account your account number), and you're on your way. Edited November 10, 2023 by phillygwm Link to comment Share on other sites More sharing options...
Candy Apple 12 Posted November 10, 2023 Author #4 Share Posted November 10, 2023 15 minutes ago, phillygwm said: Sure, while I don't have experience with them, E-Trade is as good as any brokerage, especially if it's just a small account with 100 shares of NCLH. I don't believe they charge commission. For different reasons, I have accounts with Fidelity and Schwab; I know those are commission free. Both are easy to setup and use. When you book your next cruise, you'll print out the form on the NCL website, send a copy of your brokerage statement showing the NCLH holding (blacking account your account number), and you're on your way. Thanks for mentioning Fidelity and Schwab. I was not aware of that they were commission free, as is E*Trade. Good to have options. Link to comment Share on other sites More sharing options...
Ellis1138 Posted November 10, 2023 #5 Share Posted November 10, 2023 I've been using E*Trade since 2018. Very easy to buy and sell, the interface is easy to use. I like that I can put in orders like "If this stock goes to 20, but 50 of it". They're definitely a legit broker. 1 1 Link to comment Share on other sites More sharing options...
itsnotjustme Posted November 10, 2023 #6 Share Posted November 10, 2023 I just use Fidelity. Easy and commission free. I suspect you could make the purchase sooner than three days with Fidelity if you do your due diligence. Link to comment Share on other sites More sharing options...
Rare Seas2mountains Posted November 10, 2023 #7 Share Posted November 10, 2023 Do you live in the US? I assume you do since you are interested in an eTrade account. Do you have any retirement savings accounts through an employer such as a 401k, 403b or 457b or an IRA? If so, you may be able to trade shares from funds within the account to purchase 100 shares of NCL. This would mean that you wouldn’t have to create a new brokerage account just for NCL. My NCL shares are in a retirement account. Link to comment Share on other sites More sharing options...
9tee2Sea Posted November 10, 2023 #8 Share Posted November 10, 2023 I purchased mine via trade about 1 year ago. Easy to set up the purchase. I think it took about 2 days for it to appear in my online portfolio. Easy to print out proof of ownership statement that you send to NCL for the OBC ( just follow the instructions on the NCL website) Link to comment Share on other sites More sharing options...
dbrown84 Posted November 10, 2023 #9 Share Posted November 10, 2023 6 hours ago, Seas2mountains said: Do you live in the US? I assume you do since you are interested in an eTrade account. Do you have any retirement savings accounts through an employer such as a 401k, 403b or 457b or an IRA? If so, you may be able to trade shares from funds within the account to purchase 100 shares of NCL. This would mean that you wouldn’t have to create a new brokerage account just for NCL. My NCL shares are in a retirement account. Exactly what I did 1 Link to comment Share on other sites More sharing options...
beachmiker Posted November 10, 2023 #10 Share Posted November 10, 2023 16 hours ago, Candy Apple 12 said: With the stock price dropping, I’m thinking of biting the bullet and finally buying stock to get the OBC for my two upcoming cruises. Does anyone have any experience with using E*trade to buy stock? This might be the easiest way to do it. Any negatives? It looks like it takes three business days to find your account, though. Hopefully the price stays low until then and goes up afterwards. It was E*trade with whom I first bought NCL stock with. But any brokerage company will do Link to comment Share on other sites More sharing options...
Candy Apple 12 Posted November 10, 2023 Author #11 Share Posted November 10, 2023 7 hours ago, Seas2mountains said: Do you live in the US? I assume you do since you are interested in an eTrade account. Do you have any retirement savings accounts through an employer such as a 401k, 403b or 457b or an IRA? If so, you may be able to trade shares from funds within the account to purchase 100 shares of NCL. This would mean that you wouldn’t have to create a new brokerage account just for NCL. My NCL shares are in a retirement account. I looked into this, but it’s not feasible right now. Thank you for the suggestion. Link to comment Share on other sites More sharing options...
Rare destar Posted November 10, 2023 #12 Share Posted November 10, 2023 There a many online trading companies where you can by stocks commission free. Just do a little research 17 hours ago, ChiefMateJRK said: (i.e. Fidelity, Schwab or Vanguard). Which one is best? these are all good. Link to comment Share on other sites More sharing options...
kwokpot Posted November 10, 2023 #13 Share Posted November 10, 2023 (edited) ETrade, which was independent but now owned by Morgan Stanley, is an excellent brokerage platform and it's website and app are easy to use. Absolutely NO DRAWBACKs and they even have a good premium savings account that's currently paying 4.25% Edited November 10, 2023 by kwokpot Link to comment Share on other sites More sharing options...
Rare KKB Posted November 10, 2023 #14 Share Posted November 10, 2023 18 hours ago, Candy Apple 12 said: With the stock price dropping, I’m thinking of biting the bullet and finally buying stock to get the OBC for my two upcoming cruises. Does anyone have any experience with using E*trade to buy stock? This might be the easiest way to do it. Any negatives? It looks like it takes three business days to find your account, though. Hopefully the price stays low until then and goes up afterwards. That's what we have. SUPER easy & free. You send in a screenshot of your 100 shares to get the OBC. Link to comment Share on other sites More sharing options...
Candy Apple 12 Posted November 10, 2023 Author #15 Share Posted November 10, 2023 23 minutes ago, kwokpot said: ETrade, which was independent but now owned by Morgan Stanley, is an excellent brokerage platform and it's website and app are easy to use. Absolutely NO DRAWBACKs and they even have a good premium savings account that's currently paying 4.25% 4.25% for a savings account? Wow! What’s the minimum deposit? Link to comment Share on other sites More sharing options...
kwokpot Posted November 10, 2023 #16 Share Posted November 10, 2023 13 minutes ago, Candy Apple 12 said: 4.25% for a savings account? Wow! What’s the minimum deposit? https://us.etrade.com/bank/premium-savings-account Link to comment Share on other sites More sharing options...
Candy Apple 12 Posted November 10, 2023 Author #17 Share Posted November 10, 2023 8 minutes ago, kwokpot said: https://us.etrade.com/bank/premium-savings-account The 4.25% is as of today. The fine print says rates are subject to change daily. I’ll have to keep the tab open and follow it. Link to comment Share on other sites More sharing options...
ChiefMateJRK Posted November 10, 2023 #18 Share Posted November 10, 2023 23 minutes ago, Candy Apple 12 said: 4.25% for a savings account? Wow! What’s the minimum deposit? I believe that core (cash) money market positions at the major brokerages pay more than that now. Fidelity's was at 4.99% last time I checked. VG often pays a slight bit more. Link to comment Share on other sites More sharing options...
Rare destar Posted November 10, 2023 #19 Share Posted November 10, 2023 32 minutes ago, Candy Apple 12 said: 4.25% for a savings account? Wow! What’s the minimum deposit? Ally is also offering 4.25%, no minimum deposit. Great way to earn interest on your money for your next cruise. Link to comment Share on other sites More sharing options...
richmke Posted November 11, 2023 #20 Share Posted November 11, 2023 I used Schwab. They have many physical locations, which is a plus for me, just in case. Many money market funds you can buy with high rates. Or, easy to buy treasury bills (few days to 1 year) to get +5.40%, but more work to keep invested. Link to comment Share on other sites More sharing options...
ChiefMateJRK Posted November 11, 2023 #21 Share Posted November 11, 2023 8 hours ago, richmke said: Or, easy to buy treasury bills (few days to 1 year) to get +5.40%, but more work to keep invested. 4-week T bills on auto-roll at Fidelity and chill. Current yield curve = 5.53% 😎 No work at all. Link to comment Share on other sites More sharing options...
richmke Posted November 11, 2023 #22 Share Posted November 11, 2023 (edited) 2 minutes ago, ChiefMateJRK said: 4-week T bills on auto-roll at Fidelity and chill. Current yield curve = 5.53% 😎 No work at all. Farther you go out, the higher the yield. 4 week rolls works to minimize watching it. Edited November 11, 2023 by richmke Link to comment Share on other sites More sharing options...
ChiefMateJRK Posted November 11, 2023 #23 Share Posted November 11, 2023 (edited) 21 minutes ago, richmke said: Farther you go out, the higher the yield. 4 week rolls works to minimize watching it. Not really. Resource Center | U.S. Department of the Treasury disclaimer: subject to change on any and all trading days Edited November 11, 2023 by ChiefMateJRK Link to comment Share on other sites More sharing options...
Nicky Mouse Posted November 12, 2023 #24 Share Posted November 12, 2023 I bought mine via Robinhood, easy signup and instant funding. I later transferred them to my Schwab account. Link to comment Share on other sites More sharing options...
firstimer2009 Posted November 12, 2023 #25 Share Posted November 12, 2023 I bought mine through Schwab. Had cash sitting in an IRA account so thought why not. For some reason I am thrilled to get the $100 onboard credit next year. We are not going to upgrade to the Premium Plus so this can pay for my nightly Baileys. 😃 Link to comment Share on other sites More sharing options...
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