Expecting~$200k in cash coming in. Currently I'm with Fidelity. Is it worth the hussle to deposit it in another brokerage to earn the $900 bonus? I'll make the deposit, buy the index fund, let it sit for about three months and then transfer the fund back to fidelity.

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$900 for a couple hours of work? I would do it.

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Why not, free money!

Don’t forget about the taxes on this 900 though.

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Uh, sounds like a lot of paperwork for a couple hundred bucks. I try to eliminate as much admin overhead as I can, but that’s just me

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Make sure to consider the expense ratio of the other brokerage. It’s possible you’ll eat up a lot of that bonus paying higher fees.

I’d do a couple hours work for $900

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If you know you will go through the steps, then go for it!

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I have no idea what the market will do in 3 months, but if you have gains, you should consider that you will be taxed at your marginal rate bc they will be short term gains (which I'm guessing is 35%+ if you're getting 200k cash soon) vs. 15% long term capital gains. If your return is 2.5% in 3 months, then your extra taxes will be more than than the benefit

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As long as it's not one particular brokerage specific that's not available in the other one, my guess.

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