u/oofgadzooks

I have two checking accounts with Schwab.

A few days ago, I initiated a cash transfer from one Schwab checking account to another Schwab checking account. This always happens instantly or at least by the next business day.

This time, the cash never transferred. Two business days go by, and still nothing. The transfer is still pending. I need this to pay bills.

I asked Schwab about this, and they told me that there was an issue with cash transfers a few days ago. They have no idea when this will be fixed.

So right now, my cash is locked up in the account pending to be transferred.

Is anyone else experiencing this?

Am I overreacting or is this a major issue? A bank is unable to let customers transfer cash, it gets held up and have no idea of when it'll be fixed.

Update: Thank you to the Redditor who suggested I call.

I had originally talked to Schwab via the website chat, and they gave me no way to solve this. The person who I talked to over the phone suggested I cancel the transfer and resubmit it. It worked.

Schwab has always been great and they have been the best bank I have ever used. This was definitely a hiccup on their part. I received no notification. My payments could have all bounced if I had not happened to check and spot this.

What's been your experience with them? I've paid for and followed three so far.

One Substack influencer has a portfolio tracker that includes a huge number of stocks that no normal trader can realistically follow, due to the size of the portfolio needed and the amount of time required to trade them. But of course, they don't tell you.

Another Substack influencer tracks their trades with funny math. They don't account for the cash in their portfolio and only show gains based on the active trades, completely ignoring the cash they had on the sidelines. This makes their portfolio gains look much better than if they had actually accounted for the cash. They also don't show how much they buy or sell. My portfolio doesn't match theirs, and the numbers just make no sense.

Another Substack influencer just gives their predictions; if a trade goes their way, they look right and talk about how they predicted it all along, until it doesn't, and everything they've been saying is wrong. Their new posts just make more future predictions, and it's hard to believe them given that they were just wrong and failed to provide any timely direction.

Has anyone actually found Substack influencers who are good, rather than just happening to trade at the right time? Do you perform better than the S&P? Do you find Substack influencers helpful?

If I had just stuck with the S&P or the Nasdaq, I would be doing a lot better than following these influencers.