My new stock Drip - IP - has the same transfer agent as another one of my Drips, so I could apply directly to the transfer agent. All it took was to fill out an application form and $600. I was expecting a good week or two before the account was created and the check was cashed. So I scheduled a transfer from my savings a couple of days after I mailed the check, not right away.
Imagine my surprise and light horror to find out that the account had been created already, two days after I mailed it. It started a shuffle of money, just in case the check was about to be presented to my bank. My checking account didn't cover it at that exact moment so I moved some money from brick and mortar savings, but only enough to keep that account up at $300. Then I had to check to see if I had a transfer from checking to brick and mortar savings. I did, so that had to be moved.
And then there's the money coming from ING. It shows as having left my account but not in my checking account yet. It should happen within a day or two. Maybe.
I have to tell you, electronic transfers are not what they're cracked up to be. I just know its going to be a fight because you KNOW the bank is going to pick the method that will allow them to charge a fee. Grr.
The transfer of Ameriprise money (grandma's trust) to Vanguard is nearly complete. All that remains is to close the Ameriprise account. It will be nice to get rid of one account - I won't have to monitor it, remember usernames and passwords. Blegh.
Found an unusual storefront on my walk yesterday.
And yes, what's in the window is what you think it is...
Turns out it's an ad agency..
shuffling money around
May 5th, 2008 at 12:33 am
May 5th, 2008 at 12:55 am 1209948914
May 5th, 2008 at 01:00 am 1209949236
May 5th, 2008 at 03:34 pm 1210001660
Who doesn't love a good rubber chicken? Cute pic!