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I don't ever hold the same asset in two different accounts (if one of the accounts is a taxable brokerage account). I am too lazy and too paranoid about the IRS to have the possibility of a wash sale out there. If this were my account, I would use a different broad market fund in my Roth IRA, such as VTI, DFUS, SCHK, ITOT, or SPTM.
I don't fully understand the point of fractional shares. Schwab repriced its ETF shares to around $20-30 a share and I feel that's a wiser choice. SCHD, SCHK ans SCHH are all good places to start looking. If you can't afford a full share of a stock, the wise thing to do is buy an ETF and hold it. I started nearly 2 decades ago setting aside what I could afford, even if its only 25 a month. The habit of consistently investing what you can reasonably afford pays off when you see your dividend paying being enough to purchase even more share.
I'm a boomer and was invested in SCHK for quite a while. I would have stayed in it but weeks ago I liquidated everything and moved into fixed income for the time being. I just couldn't handle the volatility I expected was coming.
I have been 100% SCHK (large cap blend USA ETF) for the past decade and i’m still decades away from thinking about shifting a % into bonds. For you young investors just starting an IRA, don’t be afraid of growth if you have a long time-horizon
i’ve been in SCHK for the IRA since I started the account and hasn’t been pretty this year but has outperformed for years and years
Are your ETFs total market indexes or something else? Assuming that they are held in an IRA, what I'm trying to figure out is, if your have a MF (for example SWTSX) that pays a single annual distribution in December, and an ETF (for example SCHK) that pays quarterly, wouldn't the ETF be more advantageous because an end of year market decline could eliminate the MF distribution, whereas you would already have three quarters of dividends from the ETF in hand? The fees and performance of both of these securities are for all intents and purposes equal, with a slight edge of performance going to SCHK.
I love this advice. Many years ago, when we were not legally old enough to buy lotto tickets, my friend, Kurt, was gifted one by a convenience store clerk. That lotto ticket won Kurt $20. Kurt pocketed $15 and used $5 to buy more. He only ever used a fraction of what he won to continue and, when his luck ran out, he didn't buy any more. Nowdays, my wife and I do that when we fly through Vegas. Set a budget, typically $20 each, with the goal of having fun, but the stretch goal of covering lunch. One time we turned that $40 into $60, other times we either break even or lose it. When we're net positive, we typically take out the principal, the original amount ($20 for each of us) and only use the winnings to play around. Sometimes we allow ourselves to keep it all in, it was $20 each for entertainment, but we typically like to come out ahead and the extra winnings weren't our money to begin with anyways. So, the first strategy everyone needs to know is to go in with a plan. Have a set budget. Do not budge on it at all, not even if it seems like things are going great (because that's when you'll regret not sticking to it). Then, if you go net positive, especially double whatever your budget was, take your initial money out. You won. The worst you can do at that point is to walk away losing all of the money that you didn't have in the first place. Want to feel really good? Take out 1 more dollar than you put in. Now you really did win. Your floor is 1 dollar more than you started with. Now, here's the trick: treat the money that you made as if it was the original that you put in. Don't be stupid with it just because you didn't have it before. Take whatever risk you'd willingly take with your original amount. Shoot, if you really want to nail it, catch lightning, but then put it into a hydroelectric facility. If you nail a large bet like this, take out your principal, put some of the new cash into something stable, JEPI and SCHK are pretty great and not typical reddit choices, and then use the rest to mess around, if I was OP I'd start scooping stuff up as the market is tanking. Everything's discounted and might get more so, but crashes don't happen all at once, so you can ride the waves down. Or, you could just skip this entire comment and YOLO on SPY or VOO or the good small stuff ;)
People will suggest you some common ETF like SPY, VOO, QQQ, IVV to track SP500 but their prices are between 500-600 so you probably feel a little disappointed with how many share can you invest with your few hundred dollars so instead of high price stable ETF. You could look into SCHX or SCHK. They are tracking the same SP500 but 10 times cheaper. The return profit is not too far off from those above. You can use SCHX/SCHK as test drive and its ETF issuer is Charles Schwab can be your broker. They don't really charge you any fee unless you use 1on1 consult. Its thinkorswim app is very good to use. After 10 or 20 years, you will have a small fortune.
> Still wondering why Schwab hasn't made an S&P500 ETF. they have a Russell 1000 ETF, SCHK, which is practically identical if not superior to the S&P 500 over the long-term due to more mid-cap holdings. half of reddit doesn't even know what they're buying, they just buy it because it gets the most upvotes.
I have personally been SCHK and chill for the past 10 years. I'll look at SCHG now too.
Sort of new but I'm thinking of pulling away from stocks over the next few months and building a strong base in my index funds in the medium-term. At least until I get out of grad school (next 7 or so years). Right now my brokerage is: * AMD - 9% of acct, +43% * CELH - 8% of acct, +36.3% * BRK/B - 14.25% of acct, +30.28% * COST - 13.5% of acct, +20% * NVDA - 31.6% of acct, +50% * SCHK - 3.5% of acct, +4.5% * VTI - 18.2% of acct, +18.2% and I have a Roth IRA which is 100% VTI.
Depends on the fund. Proprietary ETFs like FNDX that require more upkeep than mimicking an index charge 0.25%. But then you have more general index funds like SCHK (Schwab 1000) that only charges 0.05%. They also use secondary ETFs from Vanguard and other providers for tax loss harvesting purposes. “Schwab Intelligent Portfolios are designed to be low cost and range in weighted average annual ETF Operating Expense Ratios (OERs) at the portfolio level from 0.02% to 0.19%” https://www.schwab.com/automated-investing/etf-selection#:~:text=Schwab%20Intelligent%20Portfolios%20are%20designed,from%200.02%25%20to%200.19%25.
So just buy a fund that tracks the S&P 1000, such as SCHK
Also SCHK for the largest 1000 companies making 90% of market cap
Never ever get a financial planner or Advisor they are complete rip offs. Mimic Warren Buffets top 10 and that’s all you need to do or pick 3 solid index funds or ETF’s with very low expense fees like VOO, VTI, FXAIX, SCHK etc…
Which broad index funds do you like? VTSAX? SCHK? SCHB? TIA! 😊
SCHK and SCHB are similar index ETFs done by Schwab with low expense ratios and trade around $40/share
The only weakness for Schwab in my opinion is the lack of fractional shares for ETFs. It's the last accomplishment they need. Schwab doesn't even need fractional shares for all ETFs. They could limit it to their brand ETFs only. SCHD, SCHX, SCHB, SCHF, SCHK, SCHG, ...etc.
> with 75% into RFHTX and 25% into the 500 Index Fund. I am not looking to change that allocation unless folks have a compelling recommendation. that allocation has you more concentrated in large US companies. you're increasing your risk. RFHTX is already 68% US stocks, then you're adding more of the same with the S&P 500. https://www.capitalgroup.com/individual/investments/fund/rfhtx#com-mod-holdings-section > As we are moving into Schwab, what index funds or ETFs would make the most sense for the Roth IRAs? Schwab has good options, but you can buy most US ETFs through most US brokerages. you could buy Vanguard, Fidelity, etc, within the Schwab account. but SCHB would give you coverage of most of the US market, SCHF for international large companies and SCHC for smaller international, plus perhaps a bond ETF. full list of Schwab ETFs here: https://www.schwab.com/etfs/invest-in-etfs or you could break it down with SCHK for large/mid US and SCHA if you wanted a heavier small-company stock allocation. >Should we be maxing out Traditional IRAs with the intent to do a backdoor conversion later? probably but check with a tax professional. >What should be done with the cash that we have in our bank’s low-interest savings account? I'd pay down the mortgage. because you would never take out a HELOC at 2.4% and put the cash in a low-interest savings account. and the people who say 'invest the cash because you can beat 2.4% in the market' are using hypothetical market returns. you are not guaranteed to get a return in the stock market. the US market was flat from about 1968-1982.
At google/alphabet's current price of $125.43 per share, for 1.1 million shares, you have: $137,973,000 **First of all, selling any will cause a tax event**, just understand that. If it were me, I would keep 25% in GOOG 25% in AMZN (amazon) 10% in AMAT 10% in JEPI 10% in SCHK 10% in BRK.A And the last 10% would be broken up into a bunch of other small stuff. At this level of investment you can yolo 1% and it's still a powerful move, put 1% into something super safe (I hear that short term US bonds are PRETTY lucrative right now), put a percent into high yield savings, etc. I am not your financial advisor but I was able to live off of my investments for a decade, and that's off of peanuts and no YOLO'ing. GOOG and AMZN just had their splits and are on their way back. Applied materials is always a very solid choice. Great dividend, very stable behemoth of a company. As long as we don't have an apocalypse, AMAT is on top of all of our technology (they do semiconductors, which also includes optics, which is the future of much of our tech). JEPI gives a stable monthly dividend, DRIP that and you'll enjoy compound interest, schk is less frequent but a pretty safe and solid choice. Berkshire Hathaway has been both stable and nimble, providing an absolutely awesomely asinine return for their investors. But, honestly, stick with whatever you're comfortable with. I would not be comfortable with $138,000,000 in a single security. Split that up. You owe Google nothing. Just be aware of the tax implications.
For ETFs, it depends on what they are. SCHB, SCHG, SCHK, or SCHD is still good to hold long-term. Similar Type of ETFs the same. ARKK sell that trash. Stocks, sell unless they are Microsoft, Nvidia, or a value stock with a good balance sheet.
SCHB, SCHK, VOO. There are plenty of broad market ETFs to choose from. Also, get out of your general savings account and into a money market and make over 4%
SCHK crew checkin in. It lets me sleep at night
Schwab 1000 Index ETF (SCHK) , which has an 0.05% expense ratio, tries to reflect the performance of the 1000 Index.
In theory, substantially identical would be swapping out to SPY for VOO as they both track the S&P 500 index. In reality, brokers will only flag it a wash sale if you purchase the identical security. The first scenario would still be a wash sale but the taxpayer would likely have to report it themselves and not rely on the 1099 their broker sends. In your example it would be fine as your swapping funds that aren’t even close to tracking the same index as SCHD. It’s also very easy to avoid the wash sale rules. For example, instead of swapping SPY for VOO, use SCHB or SCHK as they follow different indices but will largely produce the same return due to the cap weighted nature of these products.
Same idea as above, concetrated positions outperform the market in a good enviroment. However i feel more confortable in having both, splitting between some selected long term stocks and some diversified ETFs / ETPs to be more agile in case of market events (like now) Any FA, or Investment Advisor, independently by your risk appetite will advice you for a diversified portofolio. Even a simple batch of 5 or 10 different ETFs, (SPY, QQEW *-for more equally distributed weight-* XLF , XLE , and if you want to keep your "t*ech family feeling*" FANG+) is considered diversified, in comparison to a single stock. (and you can gain from different market enviroment, tech or energy or commodity rallies) It is not really helpful, but the decision mostly depends by you. As the other redditor before, I profited from long term holding on single selected stocks, however i have been lucky on selling before becoming to greed last year. My simple advice is to try different FAs or IAs in different Banks or Asset Managers, so you can have *similar but different views* on your case. Just take in consideration that Bank's FA usually cannot diverge from their Chief Invest. Officer View, and in some cases (Now) they are less agile than other Fund/Asset/Managers, in changing the portfolio composition. Here some similarities between SPY and SCHK (Schwab 1000 Index), just have a look maybe this website could be useful for you. [comparison free](https://www.etf.com/etfanalytics/etf-comparison/SPY-vs-SCHK)
Sounds like a regular brokerage account is what you are looking for. Best ETFs from Schwab for that type of account is SCHB, SCHX, and SCHK, and SCHD.
i have Schwab. i want a place to put money that will grow with the market, and that i can take money out of if needed with minimal fees. is an S&P 500 index like SWPPX better, or a Schwab ETF like SCHK? i really want to be able to withdraw money.
Pretty much any ETF that has a broad market exposure would be required to have exposure to larger capitalization because most of those companies represent the largest portion of broad global market. If you feel your large cap exposure is enough, than look into small or mid cap ETFs. Russell 2000s may be the index you’re looking for, or SCHK if you’re wanting an expanded SP500.
Don't do that for one year of bad returns. VTI is down 18%, so it has had a worse 2022 than SNXFX or SCHK. Look at the expense ratio and long-term returns via portfolio visualizer. The returns are very close. The expense ratio is slightly lower with VTI. Since January 2002 to June 2022, - SNXFX averages 10.01% returns. - VTI averages 10.16% returns.
>. Thinking of getting rid of it and replacing it with VTI or maybe even SCHD. SCHK (schwab 1000 index fund) and VTI are almost exactly identical , VTI has some small cap stocks but the stocks SCHK holds make up over 90% of VTI
Start a custodial account for them with the parents/guardians permission. If approved, just use invest into 1 diverse ETF every month. Examples: SCHB, SCHK, or SCHD are great choices under $100 per share.
If this is because you want to buy Vangaurd ETFs that are expensive per share (VOO, VGT, etc), try to find a comparable from another company that has a lower price. Take VOO, which tracks the S&P 500. A cheaper alternative would be SPLG that trades at $53.66 per share, or since you are using Schwab you might want to do SCHK or SCHB. For VGT, you could try FTEC. Just because everyone talks about VOO or SPY doesn't mean there aren't alternatives that track the same index for a much lower entry point.
So correct me if I am wrong you are asking could schwab offer index funds like (SHCX, SCHK, SCHB) at a lower expense ratio in an effort to try to lure investors away from fidelity and vanguard funds to increase its own stock price, if someone moves from VTI to SCHB , would this in theory increase schwab stock price because both funds hold SCHW but now the expense ratio is going to Schwab vs Vangaurd or fidelity? In theory probably yes, if all investors moved their money from VTI/VOO into schwab funds ;schwab would collect a lot more fees and all things being equal their stock price may increase. In practice however it still cost money to run funds like SCHB/SCHX they still have fees, employees reporting expenses, regulatory fees and filing requirements. At some point if schwab lowered the fees from .03 to 0.01 or even 0.00 they may lose money running the funds what would in turn be a drag on their earnings. Also these fees are so low, if they did decide to drop SCHB fees from 0.03% to 0.01% would that really change investors habits and have them move from VTI to SCHB? For every 1 million dollars invested one may save $200. Now I guess $200 is $200 but as a small fraction for your 1 million invested is it really worth the time and effort to convert the funds? Its sort of like driving across town to get gas 0.01 cheaper, I feel a lot of people would rather pay the extra $0.20 to save the time and effort driving across town. Add to the fact lots of these funds are bundled in retirement accounts where users may not have access to both funds and do not really have a choice to switch , in most retirement (401K) accounts you are given a list of funds, while some may offer competing schwab/vangaurd funds most will usually offer one or the other so dropping expense ratios won't attract new investments in 401k accounts as most users do not have the option to switch.
SPY is great if you want to invest long-term in large cap and run covered call options in the future. Otherwise VOO, IVV, or SCHX are better for large cap long-term investing. VTI, SCHB, ITOT, or SCHK are other great long-term ETF investing.
This is a good place to start where you can find answers to your questions https://www.reddit.com/r/investing/wiki/index/gettingstarted 1. Cryptocurrency is relatively new and doesn't have the proven track record of the stock market. There are over 17,000 different cryptocurrencies and since they are easy to create the number is increasing every day. Unfortunately many of the newer crypto tokens are scams designed to allow the people who create them to run off with other people's money ("rugpull"). The crypto space is unregulated. If you get scammed out of money there is basically nothing you can do. If you choose to speculate in crypto don't gamble more than 5-10% of your money and stick with the larger, more established cryptocurrencies. Avoid any new poopcoin that claims you will go to the moon, become a multimillionaire, and be driving a Lamborghini in a year or two. 2. https://www.reddit.com/r/investing/wiki/readinglist 4. Check out https://international.schwab.com/ https://www.fidelityinternational.com/ 5. To start out rather than picking individual stocks it is probably best to buy shares in a fund that buys a basket of stocks that tracks an index like the Standard & Poor's 500 or the total stock market. Examples are VOO, VTI. SCHB, SPY, SCHK. 6. There is no exact time to buy. You can either put it all in at once (lump sum) or put in equal amounts in per month (dollar cost averaging). A compromise would be to lump sum half and then dollar cost average the other half over 6-12 months.
If it isn't for retirement investing, then jump into regular brokerage account. I highly recommend M1 Finance. Easy automation and fractional shares for ETFs. For the funds to invest into, try 1 of the 3 listed below: A) VTI - Total USA stocks. Large cap 80% , mid cap 15%, and small cap 5%. B) VOO - Top 500 companies on the stock market. C) SCHK - Top 1000 companies on the stock market.
Current Roth ira, around $40k and I'm mid-30s: * 21% SCHK * 22% SCHD * 7.6% GOOGL * 9.7% AAPL * 9% MSFT * 8% NEE * 8% NVDA * 15% TSLA Future contributions will probably go to SCHH and more AAPL GOOGL SCHD, maybe some TSLA if I'm feeling spicy. I guess I don't really have a question, but if anyone has thoughts or perspective
Apple/Google/Microsoft, using fractional shares of course. Otherwise stick to ETFs or Index mutual funds. Examples: FSKAX, SWTSX, VTI, SCHB, ITOT, or SCHK
If the broker has fractional shares for ETFs, invest into VTI and VGT. Don't sell until retirement. If the broker doesn't offer fractional share purchasing of ETFs, invest into SCHK for now. It is under $50 per share and has outperformed VTI in percentage growth over the past 3 years.
I had them starting off. The research material and customer service is good. After those 2 things, Merrill Edge is average. Transactions fees for Vanguard Index mutual funds, their best mutual funds without transactional fees have high expense ratios, and no fractional share purchasing ability for ETFs. It would only be worth it if you were going to switch to ETFs like SPLG or SCHK.
BTW i made this portfolio that i got from a youtuber i modeled it from. ​ 1**5% on the bank/cash/money market account** **15% on 10 - 15 % yearly growth etf’s examples ( snp500, SPLG, SCHK)** **30% on blue chip og safe stocks &\*Stock investment portfolio:** **15% on the bank/cash/money market account** **15% on 10 - 15% yearly growth etf, snp 500** **30% on blue chip og safe stocks, apple, goog, fb, microsoft, etc. above 50 billion mark cap** **40% on growth stocks with high risk and potential,\* tsla, amazon, meta \* example** ​ Is there stuff i need to change in portfolio, any tips, any criticism, anything i need to know to better change this for my age.
TD Ameritrade is a great place to start. All sorts of learning tools, webinars, practice trading, and more. You will need your parents approval & help to setup a custodial account. You will have full ownership of it once you turn 18 years old. Look into opening a Roth IRA once you start working. For a regular taxable brokerage account, look into ETFs. SPLG or SCHK are great low cost choices for examples. FYI...Long-term investing beats short-term trading, but impatient people find it boring. Look into a Roth IRA account once you start working and invest into SWPPX to get started. Also check out the Boglehead community for better long-term investing strategy.
SCHK has a lower expense ratio than VONE, a comparable ETF. Otherwise, these are identical to Vanguard funds in every meaningful way: SCHB = VTI SCHX = VOO SCHG = VUG SCHV = VTV It doesn't matter whether you buy Schwab ETFs or an identical ETF through a different company. Don't overthink it. What symbols do you like better?
Something I always wonder. For comparison I manage my wife's IRA pretty passively. All Index funds; SCHD, SCHA, SCHK and some Vanguard. Hers is up 35% over 3 years. My regular trading account, with way more active trading; options like Put Credit Spreads etc, swing trades, some individual stocks is up 30% in same period. I make bigger instant gains but also make bigger misses. So not bad, but doing a good amount of work for 5% less.
This is a good reminder to people to be careful about which index fund you choose. I don’t use SPY in part because I don’t like the subjective way that stocks get added to the index. I personally use SCHX (or Schwab’s SCHK) because it’s only based on market cap — and doesn’t leave off TSLA, SQ, MRNA, etc. until they are approved by the S&P board. I’m not sure about VOO and which index it tracks.
Hey everyone! I’m 30, living in the US. I am employed and I make ~60k My objective is to watch my money grow. I won’t need the money in the near future. Moderate risk tolerance Only big debt is my mortgage. I have a separate retirement account that I contribute to monthly. I currently have $10.7k invested. $8,700 is spread across VOO, SPLG, SPY, SCHK, SCHE. The remaining $2k is split between AAPL and TSLA. My question is this: Is my portfolio diversified enough? I’m new to investing, so I’m open to advice. I also realize that my money is split across a few S&P 500 indexes. The majority of the money is in the VOO and SPY. I would like to put my money away and let it grow. I am not super interested in day trading. I appreciate everyone’s advice and help!
Hello. I just opened a Schwab taxable account and am looking for thoughts on this portfolio: SCHK - 40% SCHF - 30% SCHD - 10% Individual stocks on bargain* - 20% *After establishing positions in the ETFs above, I plan to slowly DCA into 'undervalued' stocks like CRSR or sectors that dip occasionally, like financials last Friday. Then trade for profit later. Or should I just go 50 VTI / 30 VXUS, 20 stocks
Anyone have thoughts on SCHK vs VOO? Seems to be more diversified no?
Hello. I just opened a Schwab taxable account and am looking for thoughts on this portfolio: SCHK - 40% SCHF - 20% SCHD - 10% Individual stocks on bargain* - 20% *After establishing positions in the ETFs above, I plan to slowly DCA into 'undervalued' stocks like CRSR or sectors that dip occasionally, like financials last Friday.
Since had Schwab has free trades your good to go on VOO, VTI, SPY, etc... ​ A few notes on Schwab's offerings, because I use them for one my accounts and use their ETFs. They do not have an S&P 500 ETF. For some reason they only do a S&P 500 Mutual fund, SWPPX. It has worked great for me an tracks the S&P 500 with near perfection. The expense ratio is 0.02%. On their ETFs they have SCHK, which they define as the top 1000 stocks in the US. It is essentially the same rules as the Russell 1000, but they aren't tracking the Russell 1000. When I compare the returns the Russell 1000, the SCK, and the S&P 500 almost perfectly mirror each other. I'm not sure why they do this, but they are nearly perfect equivalents and they are ultra-low cost.
As of right now the only etf I own is SCHK. It’s very cheap, low cost, and it’s given me decent growth. I do plan on buying a few others but SCHK has been great.
Was looking at SCHK. My other comments say this too but since I'm new to options, I didn't think about someone having to sell you a call at your bid price. I am used to buying shares where it is just immediately executed at that price. To do so would be stupid as you would have an immediate loss. Current price as I write is 41.88 with a 6.55 Premium for a 35 strike, breakeven is 41.55. on the surface looks like immediate profit but you have to get someone to literally sell to you at a loss out of the gate. I think I understand better now.
One etf I’ve liked is the Schaub 1000 (SCHK). Pretty slow growth but it seems to reflect the market pretty well and it’s very cheap.
I had been happy with SCHK and more recently SCHD, super low fees, feel more secure from possible tech instability. Schwab customer, own some 1700 shares SCHD
Start by keeping everything simple through investing in ETFs. You’re probably diversifying for the sake of diversifying. $SCHK and $SPLG are two cheap-ETFs that you can buy with that capital right now that track the indexes.
I transferred a 401k from a company to an IRA and picked QQQ, SMU, SCHA, ARKG, and SCHK as my main etf’s. That was about 2 weeks before the big tech sell offs so I got into all of them just below the ATH and have been red on most since. ARKG is the most red as I was in at around 110 and still has the biggest gap to cover. I hope it rebounds but it’s stock holdings are not nearly as good as the other ETFs but I was trying to balance my portfolio a bit.
When you look at portfolio allocation, do you consider all accounts? My wife and I have two 401ks, one TSP, one Roth, one rollover IRA, one 529, and one taxable account. I have forever been a straight broad market fund/ETF guy with a mix of large, medium and small cap funds. Now I’ve only started contributing money into a taxable account to put some of our large cash position to work. I was thinking about putting money into more volatile and risky (for me) tech ETFs. Should I assess this accounts allocation on its own or consider it across all our accounts even though almost all of them are for long term retirement needs? My taxable account represents 16% of my total liquid assets and retirement assets, and was thinking doing 50% SCHK and splitting the other 50% between ARKK and QQQ.