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No, I despise their stock feature. It was just easy to set up, but is fundamentally terrible in every aspect. The rub is I have a bunch of stock with them from
by donatj 2y ago
No, I despise their stock feature. It was just easy to set up, but is fundamentally terrible in every aspect. The rub is I have a bunch of stock with them from the start of the pandemic and am pretty sure there is no way to move it to another service without triggering a taxable event.
So I guess I don't care in that I don't care enough to lose money on switching, or complicating my taxes even further by utilizing multiple investment firms.
- radicalcentrist 2y agoThey have an option to do an ACATS to another brokerage account. They do not mention specifically, but it looks like this would be considered a stock transfer "in kind" which should not be considered a taxable event. https://old.reddit.com/r/Fidelity/comments/la7tj6/can_someone_help_me_transfer_stocks_from_cashapp/ https://old.reddit.com/r/Fidelity/comments/la7tj6/can_someon... https://cash.app/help/5026-transferring-stock-to-another-brokerdealer-acats https://cash.app/help/5026-transferring-stock-to-another-bro...
- donatj 2y agoOh interesting! Thank you kind stranger