TD
Toronto Dominion Bank
stock NYSE

>Also, you’re saying it like it’s a bad thing and it isn’t. Having several S&P funds is just redundant and not necessary but having several ones doesn’t cause any significant difference in returns compared to investing in just one of them.
It doesn't affect returns, but it adds needless complexity to a portfolio, making it harder to monitor and manage. That certainly isn't a good thing.
>The other problem could be that it becomes a little harder to see how much of your portfolio is the S&P.
Agreed.
>Also, beginners (or anyone) shouldn’t just jump onto a fund especially if it’s recommended on reddit because there’s a ton of junk and meme funds recommended every single day. If they’d literally just read the names of the ETFs, VOO, SPY, IVV and others, they’d see that they’re all in the S&P so it’s redundant. But instead they just blindly invest which they should never do.
I couldn't agree more. But they do those things when all they see is "VOO and chill", "VOO and chill", "VOO and chill", VOO VOO VOO VOO VOO. Pretty soon they must think there is something wrong with them if they *don't* buy VOO.
>Also, Schwab is just one portion of the tons of brokerages available out there including Robinhood, Fidelity, Vanguard, WeBull, Interactive Brokers, Think or Swim, TD Ameritrade
Schwab acquired TD Ameritrade in part to get the thinkorswim platform, so all of those former TD Ameritrade clients also can't buy fractional shares of ETFs. It really isn't a big deal at Schwab because there are always alternatives to high share price ETFs. But for beginners at Schwab who think they *must* buy VOO or VTI, specifically, by name, because everyone on reddit tells them to, it's an issue. It isn't an issue if they use Fidelity, Vanguard, or Robinhood.
>So if you say SCHG, only Schwab users will understand and people using all these other more popular brokerages might not understand it.
SCHG, and even more so SCHD, are pretty well known beyond Schwab clients.
>That’s why VOO is mentioned exclusively.
I don't think that's the reason, as I explained in other comments.
>Also, vanguard is quite a big brokerage and company and provides a wide array of ETFs too. So people who get into VOO might also be inclined to check out their other variety of ETFs
I'm sure that's Vanguard's hope. Vanguard collects $444 million per year collectively from VOO shareholders, so if they buy VTI too that's even more money in Vanguard's coffers.

Beginners buying several different S&P ETFs is their problem. You can also argue that if most people said SPY instead of VOO, they’d also see VOO and VTI somewhere else that’d again lead to them buying several funds of the S&P. Also, you’re saying it like it’s a bad thing and it isn’t. Having several S&P funds is just redundant and not necessary but having several ones doesn’t cause any significant difference in returns compared to investing in just one of them. The other problem could be that it becomes a little harder to see how much of your portfolio is the S&P. Also, beginners (or anyone) shouldn’t just jump onto a fund especially if it’s recommended on reddit because there’s a ton of junk and meme funds recommended every single day. If they’d literally just read the names of the ETFs, VOO, SPY, IVV and others, they’d see that they’re all in the S&P so it’s redundant. But instead they just blindly invest which they should never do.
Also, Schwab is just one portion of the tons of brokerages available out there including Robinhood, Fidelity, Vanguard, WeBull, Interactive Brokers, Think or Swim, TD Ameritrade and others. So if you say SCHG, only Schwab users will understand and people using all these other more popular brokerages might not understand it. That’s why VOO is mentioned exclusively. Also, vanguard is quite a big brokerage and company and provides a wide array of ETFs too. So people who get into VOO might also be inclined to check out their other variety of ETFs.

Hala, thanks for the explanation. Madali naintindihan ano basis ng mga TD or digital bank rates.

I am quite surprised by how many investing folks are still blind with what is the “market doing” of interest rates in the Philippines. Especially, when two recent posts concerning interest rates came up:
·       [https://www.reddit.com/r/phinvest/comments/1ply62g/best\_time\_deposit/](https://www.reddit.com/r/phinvest/comments/1ply62g/best_time_deposit/)
·       [https://www.reddit.com/r/phinvest/comments/1plijez/bsp\_interest\_rate\_cut/](https://www.reddit.com/r/phinvest/comments/1plijez/bsp_interest_rate_cut/)
May I present to you the BVAL (Bloomberg Valuation) benchmark which represents the latest market rates for interest rates. The BVAL is basically derived from market trades of government/Trreasury bonds in the secondary market.
 
Where can you use BVAL?
·       Benchmarking Time Deposit Rates: when TD rates being offered to you by your traditional bank is way lower, it is basically sub-optimal. On the other hand, if your digital bank is giving you interest rates way higher than BVAL, it could mean that the rate is likely to be promotional and not likely to stick for long.
·       Benchmarking Treasury Bills and Corporate Bonds: Typically BTR also use the short-term BVAL rates as reference during auctions (3-month BVAL for 91-day Tbill, 6-month BVAL for 182-day bill, 1-year BVAL for 364-day bill). For corporate bond issuances, the gap between the BVAL and the rate offered often indicate the credit risk for the issuer company (paging Double Dragon 8.008% with almost 2.5% spread over BVAL)
·       Benchmarking Loans: Banks and lenders typically put higher spread over BVAL rate due to the higher risk from individuals. You will be shocked to find out how much spread over BVAL that car leases/financing offers.
 
How does it look like?
BVAL rates are expressed in percentage per annum (p.a.) and always available at the PDS website: [https://www.pds.com.ph/](https://www.pds.com.ph/)
As of December 12, 2025, the latest market rates are as follows:
|**Tenor**|**BVAL Rate Today**|
|:-|:-|
|1M|4.6673|
|3M|4.8683|
|6M|4.9989|
|1Y|5.0583|
|2Y|5.2463|
|3Y|5.3899|
|4Y|5.5242|
|5Y|5.6397|
|7Y|5.8259|
|10Y|6.0266|
|20Y|6.3883|
|25Y|6.3847|
 
For [https://www.reddit.com/r/phinvest/comments/1ply62g/best\_time\_deposit/](https://www.reddit.com/r/phinvest/comments/1ply62g/best_time_deposit/) : The 4.10%-4.20% time deposit offered to you is just about right. As you can see from the latest BVAL rates, current rates until 1-year only offers max of 5.0583%. And the gap is the bank’s margin while quite large is nowhere bad and still at par with market.
With the 1-year rate currently going just up to 5.0583%, this also explains why many digital banks were forced to reduce their high-yield savings rate this year. Last December 29, 2024, the 1-year rate is at 6.1776%, which is a large drop of almost 1.12% year-to-date. Main reason: BSP has cut interest rates by 1.25% year-to-date following Thursday’s decision.
 
For [https://www.reddit.com/r/phinvest/comments/1plijez/bsp\_interest\_rate\_cut/](https://www.reddit.com/r/phinvest/comments/1plijez/bsp_interest_rate_cut/) : I hate to be bringer of bad news but since longer-term rates (wherein most home loans are anchored) are more influenced by inflation than BSP rate cuts, it will lilkely remain at that level or even a bit higher since inflation is gonna go up next year. BSP estimates: 2025 – 1.6%, 2026 – 3.2%.
 

My husband (43m) and I (42f) have started saving much more aggressively in the past few years with a goal to take special early retirement at age 55 if we want to at that time. We are both educators in the Philly burbs and have PSERS class TD pensions (7.5% of gross contributions). Looking back, we didn’t take other investments as seriously due to our pensions being the foundation of our retirement, but have refocused our goals to be able to have options once are kids (12 and 9) are through school.
I spent the afternoon playing around with a Google spreadsheet to estimate what our pensions payouts would be at that time.
I will have 31 years in the system with a pension worth 75.5% of my FAS (three highest years) and my husband will have 33 years in with a pension worth 81.5% of his FAS. Combined, our pensions are estimated to be \~240k a year starting in 2039. This number would go up the longer we have in maxing out at 87.5% of FAS if age 60 or 35 years of service.
With this goal in mind, I have upped my pre-tax investments significantly in the last two years. I will be able to start maxing my Vanguard 403b plan (70% VTSAX/30% VTIAX) in 2026 and also have an employer contribution. My husband is currently contributing 8% of gross to his Vanguard 403b (100% VFIAX) with a plan to up this to 12% by 2027. He recently switched to traditional from Roth to help lower our AGI.
Combined, our 403b’s should have over 7 figures by the time we’re both 55 factoring in future contributions and an estimated 7% return. We are also maxing our Roth IRAs, contribute weekly to a taxable brokerage, and contribute monthly to our two kids’ 529s. In total, we’re saving +35% our gross income between investments and other savings goals at the moment.
Are we setting ourselves up correctly for this goal? Currently, our annual fixed expenses are \~$72k and likely to go up as our kids enter high school. We have a modest mortgage payment compared to our monthly net income at 2.75% interest with an estimated payoff date of 2045, so we will still have a mortgage payment at that time. However, I believe our expenses will drop significantly in 2039 as our kids will be grown and (hopefully) through college/trade school at that time. PA does not deduct state income tax from pensions, which would also be a savings along with no more contributions or FICA.

i miss the old TD app
i tried using ToS app but it's just too busy, too much going on. i mainly trade on desktop anyway but i just dont care for the UI

Very very few traders can quit their day jobs because they are successful traders over time. I tried it and lost almost $350,000 in 2024.
I stopped dollar cost averaging for 17 years prior and building up my personal wealth back then as I grew bored and wanted more. I made $16,000 my first day of day trading and $40,000 the first month. I quit my day job, used my money plus every major bank credit card at the time I got $10,000-$20,000 cash advances deposited that into my day trade account plus on top of that I used TD Ameritrades day trade margin….taking my $350,000 past $1,000,000 day trade margin.
It was nothing to trade with $500,000 on a single trade.
Anyway after the first 30 days I thought I was super duper great. Then it all fell apart.
I went back to dollar cost averaging after bankruptcy. My bankruptcy was under the old bankruptcy laws that changed in October 17, 2005, (BAPCPA) just one day after my federal bankruptcy was approved. When I was day trading in October 2024 I was watching the legislation on this bill and new it was make it or break it.
I chose to bail with a loss vs getting pinged under the newer law. It was a calculated risk. I knew full well precisely what was legal at the time, what I could risk and what the law exactly stated as I read the law before quitting my day job. I knew my escape plan before I ever started.
Long story short I received over $350,000 in short term capital carry forward write offs which I am still using today on longer term swing investments under one year. I also have $45,000 of long term carry forward write offs. This year my balance is $277,000 of which I will write off $65,000 in short term profits and will add only about $1200 in total short term losses.
I still do day and swing trade but my bulk is long term dollar cost averaging. My two vehicles are $SMH and $ACHR.

BPI has special TD sa Trust Dept nila. May monthly payout un almost 4% net.

I go with Maya as well. Just the TD since it has max 1M limit. Ung personal goals kasi, while the 8% is attractive, until 100k lang. You can also potentially reach 15% p.a for one month on your savings, pero super hassle i-reach. At gagawin mo yun buwan-buwan.
Regardless, 6% p.a. for six months with cap at 1M is already attractive for your ef.

Back in 2021, Robin Hood was a new app-based broker that was trying to get market share, so they were offering free $1000 margin for people to start trading immediately if they opened an account without waiting for cash to clear. If you opened a new trading account with a traditional non-app broker, it could take two weeks for you to wire money to that brokerage and wait for it to be confirmed before you could trade. With the pandemic giving everyone $1200 checks in the US (and checks of varying sizes in countries across the world) Robin Hood got caught with their pants down when FOMO on GME's pump happened and market makers increased the amount of margin that brokers needed to back their trades (to prevent default). Market makers like Apex required brokers to show increasingly larger amounts of proof of cash before allowing them go through with a trade, but Robin Hood was running the free margin game and letting people trade before their cash cleared, and didn't have enough to cash on hand back new trades as the price kept going up.
If you had a TD Ameritrade or Schwab account, the buy button wasn't turned off. They had plenty of money to keep trading even when Robin Hood's buy button was turned off. It was only experienced by people with newer, smaller brokers that were using Apex as their clearinghouse and buys were halted when their tiny broker couldn't afford to back their trades when the price was ~$300 and their cash transfers from the bank were still waiting to clear.
Also, if you're holding because of 2021's 'turning off the buy button corruption', you won't get rich even if your conspiracy was real, because Robin Hood is still fine after all that mess. If there's another MOASS of the same size (which there won't because there isn't free pandemic money being thrown around worldwide, plus Robin Hood isn't offering free instant margin trading anymore because of 2021), what's to stop them from turning the buy button off again when it shoots up, leaving you a bagholder?
It's like saying "this casino is rigged!" while still keeping your money with the casino hoping that they're going to give you the next jackpot.

I remember having to call TD to place GME trades for me. Those were weird times.

Oh alright that makes sense, I don’t get why articles would frame it like “GameStop and AMC trading restricted by TD Ameritrade, Schwab, Robinhood” if that’s just a normal thing that all of the brokers do with volatile stocks, or if like Fidelity and Chase and the rest all did it. Was Robinhood alone in blocking it entirely?

I had 10k ready to deploy into MSOX to average down.. waiting for TD to do journal over to USD... fuck... was cueing for $3.75.. damn I missed the whole pop. I am looking to add that on Monday or Tueday on any weakness. my average is like $27..

Is it true that Schwab did the same thing as Robinhood back during the GME craze years ago? I’ve been doing my research on brokerages and was warned by people to avoid Robinhood for what they did years ago to restrict trading, and to avoid any other broker who’d do the same. I thought with everything everyone was saying that RH was alone, but the articles I looked up all listed Charles Schwab, Robinhood, and TD Ameritrade as the three brokerages that did this (and I think TD was bought by Schwab). It’s so hard to believe though given Schwab’s positive reputation and how differently people talk about it compared to Robinhood. Is there more nuance to this? Maybe misinformation or a misunderstanding of what Schwab actually did? Did people forgive Schwab more easily for some reason, like for a public apology or some sort of reparations?

I do both too.
I'm heavily focused on 3 funds (QQQ and 2 mutual funds with TD). All 3 of them give either monthly or quarterly dividends, but QQQ and one of the mutual funds is focused significantly more on growth than dividend yeild.
Personally I love seeing dividend payments flowing into my account, but pound for pound growth tends to out perform dividends over time.

MP2: decent rates (6-7% range), 5 year lock in period, tax free earnings
Digital Banks (gross rates and PDIC insured naman)
Maya: 10% capped at 100k
Maya Time Deposit Plus: 6%, forgot if may cap but yung maganda sa TD na toh is u can keep adding money before your TD matures
Banko by BPI: 5%, capped at Php 1M
Ownbank: rates vary depending on how long, check their site or lemoneyd.com

If they went back to the 3% rollover match I’d do it. Not for 1% because gold takes $60 out of that right away anyway. Wonder if they’ll offer the 3% rollover offer again this year.
I have also heard they have really bad customer service. I currently have Schwab, used to be TD which I love due to ToS platform. 1% is def not worth losing that wonderful platform. Idk thoughts?

hindi, sa metrobank kaka-open ko lang kanina ng online TD 4.125%, less than 30k, 1 month lang