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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Molson Hart‏ @Molson_Hart 28 May 2019
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      Stupid question alert: 1. Apparently, it's possible to buy stock directly from a company, bypassing a brokerage account. Is that practical? The benefit is avoiding a brokerage fraud? I know about SIPC. 2. If you buy a stock directly from a company how do you prove ownership?

      4 replies 0 retweets 0 likes
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    2. Molson Hart‏ @Molson_Hart 28 May 2019
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      Do you get something in the mail? A piece of paper or something? https://www.sec.gov/fast-answers/answersdriphtm.html …

      2 replies 0 retweets 0 likes
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    3. Molson Hart‏ @Molson_Hart 28 May 2019
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      Great article found by @realHiltonHart https://www.thebalance.com/rehypothecation-investment-disaster-357232 …pic.twitter.com/DhNztHtw8G

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    4. Molson Hart‏ @Molson_Hart 28 May 2019
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      Hello @Vanguard_Group @Vanguard_FA, Are accounts opened with your brokerage, by default, cash or margin accounts? Thank you.pic.twitter.com/Po0bFyHLnM

      2 replies 0 retweets 0 likes
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    5. Vanguard‏Verified account @Vanguard_Group 28 May 2019
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      Replying to @Molson_Hart

      Our brokerage accounts are opened as cash accounts. If you'd like to add margin trading capabilities, you'd need to fill out some additional forms. You can learn more about how to do that here: https://vgi.vg/2WriEWV .

      1 reply 0 retweets 1 like
    6. Molson Hart‏ @Molson_Hart 28 May 2019
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      Replying to @Vanguard_Group

      Thanks. Does that mean that securities in my Vanguard cash account cannot be used as collateral for loans that Vanguard takes out?

      1 reply 0 retweets 0 likes
    7. Vanguard‏Verified account @Vanguard_Group 30 May 2019
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      Replying to @Molson_Hart

      We don't use clients' securities, whether held in a cash or margin account, as collateral.

      1 reply 0 retweets 0 likes
      Molson Hart‏ @Molson_Hart 30 May 2019
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      Replying to @Vanguard_Group

      Thanks for the reply. According to Vanguard Brokerage's terms of service you have the right to do that. Am I getting something wrong? Source: https://personal.vanguard.com/pdf/v718.pdf pic.twitter.com/Vnn8dsBoWG

      9:26 AM - 30 May 2019
      1 reply 0 retweets 0 likes
        1. New conversation
        1. Vanguard‏Verified account @Vanguard_Group 30 May 2019
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          Replying to @Molson_Hart

          Please give one of our brokerage specialists a call at 800-992-8327 from 8am-8pm ET M-F.

          1 reply 0 retweets 0 likes
        2. Molson Hart‏ @Molson_Hart 30 May 2019
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          Replying to @Vanguard_Group

          I did already, they were unable to answer the question I had. I also sent a secure message (no response yet).

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          3. End of conversation

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