SWLGX
SCHWAB U.S. LARGE-CAP GROWTH INDEX FUND
Mentions (24Hr)
0.00% Today
Reddit Posts
Mentions
I’m looking for what I’ll call feedback, not advice. Advice feels like I’m asking someone to tell me what to do, and that’s not really where I’m at. I mostly just want to type this out, see how it sounds outside my own head, and get some reactions, good, bad, or “have you lost your mind?” I’m 38, married, with a blended family and two kids. The loose goal is to step away from full-time work by 12/31/2035, which also lines up with when our house should be paid off. I’m very aware I’m financially far from that right now, but after a lot of conservative back-of-the-napkin math, and yes, some help from ChatGPT, I genuinely think being financially independent by then, roughly $1.3M across accounts, is doable. This is where I’m hoping for feedback on my investment approach. I’ve spent a lot of time reading, listening to podcasts, going down article and Reddit rabbit holes, and I keep coming back to a variation of the Swensen Model. I’m not under any illusion here. Swensen ran a private institutional endowment and had access to options I’ll never touch in my lifetime. I get that. That said, I really like the bones of the model, especially the diversification patterns, and I wanted something that feels a little more intentional than pure set it and forget it, without drifting into day trading or constantly fiddling with things. A little more context about me, because this probably matters. I’m extremely risk tolerant. Big dips don’t scare me at all, and honestly, red days tend to get me more excited than nervous because I see them as buying opportunities. I also know myself well enough to know that if I’m not involved, I won’t stick with it. I budget every single day, not because I have to, but because I genuinely enjoy it. I’m not looking for a set it and forget it portfolio. What I want is a plan that gives me something to look at and engage with, something I can check in on quarterly, rebalance, and make sure the percentages stay where I want them from a diversification standpoint. Watching the numbers move around doesn’t bother me at all. For reference, the original Swensen Model allocation was roughly 30% domestic equities, 20% REITs, 15% inflation-protected equities, 15% government bonds, 15% developed market international equities, and 5% emerging market international equities. What I’m considering looks more like this: 60% domestic equities, 10% REITs, 5% Treasury inflation-protected securities, 5% government bonds, 15% developed market international equities, and 5% emerging market equities. That 60% domestic allocation would be split evenly between large cap, mid cap, and small cap. Specifically, 20% large cap using SWLGX, 20% mid cap using SWMCX, and 20% small cap using SWSSX. Treasury inflation-protected securities would be held in SWRSX, government bonds in SWAGX, developed international markets in SWISX, and emerging markets in SCHE, mainly due to the lower expense ratio compared to SFENX. Thanks to anyone who made it all the way through my slightly erratic rant. I genuinely appreciate you sticking with it, and I’m looking forward to reading whatever feedback you’re willing to share!
Pretty solid start for 3 months in, but you’ve got some overlap. SWTSX already covers large caps like SWLGX, and SWISX + SCHE gives a slight tilt abroad but still leaves you heavy on the US. PLTR and IBIT are just pure bets, so know they’ll swing hard. Personally, I’d simplify and focus on broad exposure first. Check this breakdown of your allocation: [https://www.insightfol.io/en/portfolios/report/ee02071325/](https://www.insightfol.io/en/portfolios/report/ee02071325/)
SWLGX *is* basically an S&P 500 clone - so selling it for SPY doesn’t really change your exposure, but it might increase your expense ratio slightly. You’re just swapping wrappers, not strategy.
Ok I'm thinking about these changes based on everyone's feedback: Bucket 1: 5% in swvxx/vmfxx/spaxx (wherever my accounts land after consolidation) and 5% VTIP Bucket 2: 40% VOO/FXAIX/SWPPX 20% FFTWX/SCHD/VTV 5% SCHF Bucket 3: 30% SWLGX As retirement nears I'll shift percentages from Bucket 2 to Bucket 1 and reduce percentages in Bucket 3 as well.
SWLGX Tanked 87% on Friday. What happened here?? I can't find any info.
You are using the wrong comparisons though. Anyone can make things look good by picking and choosing using wrong correlations. The correlations between FAGAX and QQQ are only .87. But if you look FAGAX has beaten QQQ the last 3 years and is up over it YTD also. But that’s not even the right comparisons. You should be comparing FAGAX to like SWLGX (.94 correlation) or VIGAX (.93 correlation). For a comparison of NASDAQ and tech of QQQ, you need to use ONEQ (.99 correlation).
I'm looking more towards growth and value funds. Also want to add about 20% international into it. In other accounts I already hold SCHG and SCHD (For a little bit of diversification). Im Looking to get out of SWISX for a comparable international ETF SWPPX/SWLGX/FXAIX/FSPGX maybe for more SCHG or a decent large/mid cap value index fund. Open for any recommendations on ETFs to research. I've researched many already but any more input I can get it welcomed and appreciated. Dave
Mine are for retirement as well. But it's cash in my ROTH as of this evening so having it sit as cash doesn't give me much return possibility. I hold ETFS as well as FXAIX, FSPGX, [SWISX](https://client.schwab.com/SymbolRouting.aspx?symbol=SWISX), [SWPPX](https://client.schwab.com/SymbolRouting.aspx?symbol=SWPPX) and [SWLGX](https://client.schwab.com/SymbolRouting.aspx?symbol=SWLGX) depending on where the retirement accounts are held.
Well I imagine each brokerage is different but for Schwab I contribute the max to my normal IRA on the first business day of the year. I think it's $7000 for 2025. I wait until the funds settle and there is an option in the sub-menus, I have to google where to find it every year, to roll over your IRA contributions to a Backdoor Roth. I don't buy anything until the rollover is complete which takes a few days since during the rollover you have to pay taxes on any gains and I like to keep things simple. Once the rollover is complete I dump half into SWPPX and half into SWLGX (Schwab's mutual fund VOO and VGT equivalent) and call it a day. Wash, rinse, repeat next year.
I understand this may seem complicated, but keeping goals compartmentalized is what got me from negative net worth and not able to put my hands on $500 and 30+k in credit card debt in 2013 to a paid off house and millionaire (barely) status in 2024 on a modest income with zero debt and living a comfortable middle American lifestyle. Instead of seeing one huge account, looking at several smaller accounts with a specific purpose lets my mind know I can't go out and spend like crazy. It's basically the Dave Ramsey envelope method except with investment accounts instead of envelopes. I'm a small business owner and at the end of the day whatever my percentage of gross profit is, I spend about 8 to 10 minutes at the end of the day dividing that money up among investments and HYSAs for wants, needs, utilities and taxes. (Basically a "profit first" type of setup) Even if it's just $15-30 per account a day, the incremental increases are hardly noticeable, but the aggregate effect comparing year over year is rewarding in itself. Leftover funds are moved at the end of the year to help fund our IRAs, SEPs and HSAs so I only keep about 30-40k of "play money" in those accounts. I'm DCAing 5 days a week which is why I use Betterment and Schwab's $1 minimum mutual funds like SWLGX, SWPPX and other diversified sector funds. It's psychological and most of my friends do think it's weird. That's fine- not one of them aren't in debt and a couple of lost jobs (paychecks) from bankruptcy living beyond their means. I could quit today at 50 and live comfortably on $3k a month indefinitely due to my "weird" strategy. I have expertise in a few areas, investing and saving isn't one of them- but this method has proven to work for me and definitely isn't for everyone. Also, not every account would be exactly identical- how hard I have my foot on the gas depends on the purpose and timeframe of the account.
hi everyone, a few weeks into learning about investing in general and would appreciate if anyone had any input or ways I could improve where I started or if it looks pretty good. I’m fortunate to be able to invest or save basically ~3k month for the next year or so (no 401k through work). My plan was to put about $600 into my Roth IRA, $2000 into a MMF at Schwab (SNSXX), and the $400 or so left into a taxable account every month. Below is what I’m invested in for each. I have everything in a Schwab mutual fund as I like being able to invest partial shares. I like the idea of having a somewhat simple portfolio to start but I also want good growth as well as I’m just about to turn 24. I really appreciate any input/advice on this as I’m still a newbie and learning. Thank you. Roth IRA - SWTSX (60%) SWLGX (25%) SWISX (15%) TAXABLE - SWPPX (70%) SWLGX (10%) SWISX (10%) SFENX (10%) MMF - SNSXX (100%)
Maybe i was smart to sell most of my SWPPX, SWLGX last week, and a good amount of my VTI a month ago lol
TSLA is down & TSLZ is up so my portfolio isn't down very much, and i ran my 2nd half marathon distance yesterday finishing under 2 hours, and got given today off work for Eid Life is good in my lil bubble Now, what to do with this cash i have from selling SWPPX and SWLGX last week lol
SPY if you want S&P 500 and plan to trade options. VOO or SPLG if you want S&P 500 and plan to just hold. They have lower expense ratios. I think SCHG is a better alternative to SWLGX. If I’m targeting more growth than the S&P then I’d rather just have a higher concentration of the good performers from the S&P. Concentration build wealth, diversification preserves it.
SPY > SWLGX but if those were your only two options but if not I’d opt for a TDF or VT. If you must only invest in the S&P 500 then swap SPY for VOO or SPLG if possible
Definitely not "**SWLGX Schwab US Large-Cap Growth Idx**". If you don't want to do a total market mutual fund stick with the SP500 option.
Expensive stocks vs Cheaper stocks in Roth IRA Can someone give me advice on if it's better or worse to buy high prices stocks such as GOOG, APPL, JPM, COST, etc which are very high cost stocks vs cheaper stocks like WMT, CSCO etc. For context I am putting over 50% into SWPPX and SWLGX, I also have a pension and maxed out Roth TSP, so I'm looking at my Roth IRA as more a place to be able to perhaps take more risk in it. I'm 41 and only just started my Roth IRA. So my thinking is for example is it better to buy 2 shares of stock A at $200 per share or 8 shares of stock B at $50 per share, or no difference? I'm smart financially but not the best at stocks and in my brain it seems like stocks inherently have a ceiling and so lower stock of a strong company is better than higher stock of also a strong company. TIA
And just to be clear, I cannot stress for new investors to but ETFs or mutual funds that track large indexes. Think VOO, SPY, VT, VTI, SCHB, and for our dividend friends, SCHD, SPYD. Growth? QQQ, SWLGX, VGT.
SWLGX has all of the issues I mentioned above regarding picking a US stock fund instead of a TDF. Plus, it might be overvalued right now, so it's even worse. www.bogleheads.org/wiki/Getting_started has some great free resources to learn about investing. After a few hours reading the articles, and, especially, watching the Bogleheads Philosophy videos, most beginners can learn how to get better results than most professionals. Bogleheads is named after John Bogle, founder of Vanguard. I retired at 57 years old. Investing doesn't have to be complicated or costly to be successful; simple & inexpensive is most effective. I invest 100% in total-market, index-based, low-cost mutual funds. Specifically, I use mostly Vanguard's Total Stock Market, Total Bond Market, Total International Stock Market, & Total International Bond Market funds. I've been investing this way for 35+ years. It's effective, simple, & inexpensive. My asset allocation (ratios of the funds mentioned) is based on my need, ability, & willingness to take risks. Market conditions are not a factor. Vanguard's investor questionnaire (personal.vanguard.com/us/FundsInvQuestionnaire) helps me determine my asset allocation. I prefer mutual funds, but ETFs could also work well. The differences are usually trivial for a long-term investor, especially if they're the Vanguard funds I mentioned above. Actually, the Vanguard funds I mentioned above have both traditional mutual fund shares & ETF shares; they both represent a piece of the same fund. The funds I use comprise Vanguards target date funds and LifeStrategy funds; these are excellent choices for many investors. Using the component funds allows some flexibility that can have tax benefits, but also creates the need for me to rebalance them periodically. Expense ratios are slightly higher than for the components but are well worth it for many investors. Other companies have funds similar to the ones I own that would work well. I prefer Vanguard because they've been the leader in this type of investing for decades & because Vanguard's customers are also Vanguard's owners. I hope that helps! I'd be happy to help w/ further questions. Best wishes!
Thank you for the comprehensive reply! I don't understand most of it, but I'm glad that this seems to be a safe bet. I am also someone who holds onto stuff even when the market crashes (unless it's a truly bad investment I'm losing money on). What are your thoughts on something like SWLGX? Based on the graphs, it looks like it has had slow and steady growth over the past few years. It also looks like over 99% of its holdings are US based, and it's pretty much a stock-based account. It's currently at around $119 a share, so I could get about 10 shares with my cash on hand.
You're misinterpreting what it is saying. You're looking at it's risk score vs its category but these funds are in different categories. If you look at the overall portfolio risk score, Morningstar gives SWTSX a 73 and SWLGX a 77, indicating that the large growth fund is riskier...
Yes, it’s a taxed account. My IRA with Schwab I’m doing 100% into SWPPX and in this account, my personal account. I’m doing half in SWPPX and half now in SWLGX as I’m young and want to be a bit more aggressive with large growth funds.
Take your $700k and put $200k into a high-yield money market account. You should be able to achieve 5% interest on this easily. That’s about $800 a month in interest income. You should be able to live off of this, without touching the principle balance, between your employment income and interest income. Take the remaining $500k and put it into a a S&P 500 fund (SWPPX) and a Large Cap Growth fund (SWLGX). 90/10 percent or 80/20 percent or 70/30 percent mix is good. Things you should not do: - Do not loan anyone money. - Do not be swindled by others asking you to “invest” in their business idea. - Do not buy an expensive new car. - Do not keep more than a couple hundred dollars in your wallet and do not flash your cash.
Check out the past performance of those four funds. Scroll down to Growth of $10,000 in the link below. [https://totalrealreturns.com/n/SWPPX,VMACX,DSCGX,SWISX](https://totalrealreturns.com/n/SWPPX,VMACX,DSCGX,SWISX) The mutual funds have the advantage of very low minimum purchase amounts - $1 - and all except DSCGX can be enrolled in Schwab's Automatic Investing Plan for automatic purchases of as little as $1 as often as weekly. I would change your allocations, and replace SWISX with SWLGX (Schwab ® U.S. Large-Cap Growth Index Fund). SWPPX 40% SWLGX 20% VMACX 20% DSCGX 20% [https://totalrealreturns.com/n/SWLGX,SWPPX,VMACX,DSCGX](https://totalrealreturns.com/n/SWLGX,SWPPX,VMACX,DSCGX) BTW, if you are under 50 years old don't put any money in a bond fund.
No. I never have uninvested cash in my brokerage accounts. Even when I had a few dollars in my old TD account, I would put it in SWLGX.
I have about 25 years until I can withdraw my Roth IRA. I've got a plan to max that out and have been doing it the last 2 years. My portfolio is balanced on 21.8% SWPPX, 32.5% SWLGX, 16.5% FSMD, 9.4% FENY, and 19.7% BKIE. My unrealized gains on SWLGX/SWPPX are around 30% each. It seems the advice is to always invest in VOO - which is what I did when I moved a portion of my savings from a HYSA to a taxable brokerage account. But VOO for the past 5 years has only beat the S&P by like 2%-3% whereas SWLGX has beat it by almost 50%. I was considering realizing my gains on my mutual funds and investing in VOO but that doesn't seem like the best idea. I'm fairly new to this - can someone explain why I shouldn't dump the VOO in my taxable brokerage account for SWLGX and SWPPX? I have a good emergency fund so I wouldn't need to liquidate my taxable brokerage unless the apocalypse happened, which I mean could happen - it is an election year.
I have about 25 years until I can withdraw my Roth IRA. I've got a plan to max that out and have been doing it the last 2 years. My portfolio is balanced on 21.8% SWPPX, 32.5% SWLGX, 16.5% FSMD, 9.4% FENY, and 19.7% BKIE. My unrealized gains on SWLGX/SWPPX are around 30% each. It seems the advice is to always invest in VOO - which is what I did when I moved a portion of my savings from a HYSA to a taxable brokerage account. But VOO for the past 5 years has only beat the S&P by like 2%-3% whereas SWLGX has beat it by almost 50%. I was considering realizing my gains on my mutual funds and investing in VOO but that doesn't seem like the best idea. I'm fairly new to this - can someone explain why I shouldn't dump the VOO in my taxable brokerage account for SWLGX and SWPPX? I have a good emergency fund so I wouldn't need to liquidate my taxable brokerage unless the apocalypse happened, which I mean could happen - it is an election year.
My preference is large cap growth funds that have been returning higher returns than the S&P500 like VIGAX, SWLGX, FSPGX, or SCHG.
The retirement year funds are usually 5 year period and not 1 year, but any case what you are suggesting is weird/inefficient. These target date funds are usually made up of the SP500, an international equity fund, a bond fund and fourth equity fund of some type. The percentage in each adjusts each year with the bond fund being a low percentage at the beginning and a high percentage at the end. If you want to be aggressive then just go with a S&P500 or IMHO a large cap growth fund (SCHG, SWLGX, VUG, VONG, etc).
\#10 is likely VFFSX which is a straight S&P500 fund with a low ER (0.01%). The 10 year return for the SP500 is 12.03% (MAFOX 13.26%). In comparison for 2022 it was down -18.13% (MAFOX -38.06) and it 2023 it was up 26.28% (MAFOX 52.69%). Past performance is not an indicator of future performance of course. But if you want to be aggressive than a large cap growth fund is that choice. This has been my personal investment choice over the last 10 years (VIGAX, VUG, VONG, SWLGX) and I have been happy with that choice.
If you have Schwab, why are you buying funds with such high expense ratios? SWPPX is 0.02% and SWLGX is 0.035%. The expense ratio may be lower in your 401k, but it is 0.71% for TRBCX in a non-401k account. Over the past 10 years, SWLGX has significantly outperformed TRBCX.
Reason 1: SWPPX has outperformed SCHB since inception. Reason 2: You can just rebalance towards SWTSX and SWLGX, and have better investing efficiency. This assumes your broker is Charles Schwab. If it is with E-Trade, you can buy fractional shares of those ETFs with E-Trade.
Small cap value, IJS, have a good long-term track record. No growth expected, but stability and dividends. For growth, you are better off with large cap growth ETFs (SCHG or VUG) or index mutual funds (VIGAX, FSPGX, or SWLGX). As you mentioned, sucessful companies leave Small cap growth funds and end in large cap growth funds. Thus, large cap has outperformed the the S&P 500 over a rolling 20 and 40 year period. You can back test this on portfolio visualizer to verify.
Large cap growth is dominating 2023 YTD. SWLGX 14% FSPGX 14% IWY 15% VUG 17% SCHG 17% QQQ 20%
Hi all, I would like some advice regarding my current portfolio split. I am in early 20s and I have: Roth IRA (75/25) (VTI/VXUS) Trad. 401k (85/15) (WFSPX [S&P Track], VSMAX [Small Cap]) Taxable Brokerage (70/30) (SWTXS [US Market], SWLGX [US Large Cap]) I think my Roth and 401k are okay, but I am wondering if I should add something else to my taxable brokerage account. I wonder if I should have more mid caps or international exposure. I would like to hear y'all's thoughts. Thanks.
Hi all, I would like some advice regarding my current portfolio split. I am in early 20s and I have: - Roth IRA (75/25) (VTI/VXUS) - Trad. 401k (85/15) (WFSPX [S&P Track], VSMAX [Small Cap]) - Taxable Brokerage (70/30) (SWTXS [US Market], SWLGX [US Large Cap]) I think my Roth and 401k are okay, but I am wondering if I should add something else to my taxable brokerage account. I wonder if I should have more mid caps or international exposure. I would like to hear y'all's thoughts. Thanks.
Start with a few core steps. 1) Get a job that pays $50k or more. 2) Contribute to your company 401k or 403b match if your employer offer it. Either in the S&P 500 or a Target Date fund. 3) Get a free checking account. 4) Build up emergancy fund for 3 months of routine expenses in a high yield savings accounts (Discover, Capital One, or Amex) 5) Open a Roth IRA with Fidelity or Charles Schwab. Then try to max out your Roth IRA annual deposit. For 2023, the IRS has the depisit limit at $6,500. Invest into a Total USA fund and Large cap growth. Automate your investment monthly, and keep investing until your early 50s. Schwab: 70% SWTSX and 30% SWLGX. Fidelity: 70% FZROX and 30% FSPGX Additionally, use cash back credit cards to add more money into either into the Roth IRA or regular taxable brokerage account. For the regular taxable brokerage account invest into a Total USA ETF. Either VTI or SCHB.
Too much work. Just add a low expense ratio Large cap growth ETF or index mutual fund. They outperform SPY over any 10+ years of investing. Below are a few: \- VIGAX (index mutual fund) \- FSPGX (index mutual fund) \- SWLGX (index mutual fund) \- SCHG \- VUG \- IWY
In short, no. They are great near retirement with less volitility. Not while you are building wealth. For building wealth long-term (until your mid 50s) with Charles Schwab, you are better off with these 3 primary choices below: - SWPPX (S&P 500) - SWTSX (Total USA fund) - SNXFX (Schwab 1000 fund) You can supplement it with international exposure (SWISX) or large cap growth (SWLGX). Max 30%.
Depends on the account. For an IRA: 1) A 70/30 mix of SWTSX & SWLGX for high risk/return. Just make sure you have 20+ years to retire. 2) 100% SWLVX if you want to be conservative. For a taxable brokerage account: 1) 70% SCHB and 30% SCHG for risky picks. 2) 100% SCHV to play it conservative.
TD Ameritrade is now basically Charles Schwab, so Schwab funds. Below is a solid diverse allocation to work with for the next 20 years: * SWTSX (Total USA) 70% * SWISX (International developed market) 15% * SWLGX (Large Cap growth) 15% In your mid 50s, switch out SWISX & SWLGX with SWLVX. The other option is to replace SWLGX and SWISX with SWAGX in your mid 50s.
Depends on the fund.b TD Ameritrade now has Schwab aindwx mutual funds for tax protected accounts. No fees and $1 minimum to start for funds like SWTSX, SWPPX, SWSSX, or SWLGX.
In a Schwab Traditional IRA: - SWPPX 50% - SWLGX 25% - SCHD 25%
60/20/20 60% SWPPX (S&P 500) 20% SWLGX (Large cap growth) 20% Google
Looks good. Just replace bonds and small cap with SWTSX. You don't need bonds until your 50s. SWTSX is already has small cap exposure. Below is the new allocation: Schwab Total Stock Market Index Fund® (SWTSX): 62% Schwab International Index Fund (SWISX): 24% Schwab ® U.S. Large-Cap Growth Index Fund (SWLGX): 12%
I just rolled over an old 401k into my IRA and now I have to invest it. I haven't looked at my IRA for a while, so I just wanted to see if I should change anything. Appreciate any feedback on funds or percentages. Age: 36, USA Employed, 165k/yr Objectives: Retirement savings Time Horizon: Until retirement, so another 30 years or so Risk Tolerance: The IRA is for long term growth, so I'm focusing on stable ETFs Holdings: About 600k spread between various other retirement and managed accounts. IRA Holdings: Schwab Total Stock Market Index Fund® (SWTSX): 48% Schwab International Index Fund (SWISX): 24% Schwab ® U.S. Large-Cap Growth Index Fund (SWLGX): 12% Schwab US Small-Cap ETF (SCHA): 10% iShares Core U.S. Aggregate Bond ETF (AGG): 4% Question: Should I just divide the rollover between these to maintain the current balance? Buy something else? Change the weighting?
Neither due to sky high expense ratios. Check for an S&P 500 fund in the 401k selection. If it isn't available, check for a low expense ratio Target Date fund. Focus any additional investing money after the employer match towards maxing out a Roth IRA ($6k annual deposit max) because you have a far wider selection of low costing funds. Fidelity or Schwab are great choices for Roth IRAs. Schwab: - 70% SWTSX for Total USA fund. 0.03% expense ratio. - 30% SWLGX for Large cap growth. 0.035% expense ratio. Fidelity: - 70% FSKAX for Total USA fund. 0.015% expense ratio - 30% FSPGX for Large cap growth. 0.035% expense ratio.
If you are working, open a Roth IRA with either Fidelity or Charles Schwab (travelors & investors). Tax free gains in retirement. Fidelity's 2 fund portfolio for a 10+ year old: - FSKAX 70% - 30% FSPGX. Schwab's version: - SWTSX 70% - SWLGX
Moderate growth. Usually a Total USA fund and Large cap growth for 20 years. Below are some index mutual fund example for a Roth IRA: - Fidelity: 70% FSKAX and 30% FSPGX. - Schwab or TD Ameritrade: 70% SWTSX and 30% SWLGX. - Vanguard: 70% VTSAX and 30% VIGAX.
TD Ameritrade is great for Roth IRAs with Schwab funds. Start with index mutual fund "SWTSX". It's a total USA fund. Once you have around $10k, you can diversify into either SWISX for international exposure or SWLGX for large cap growth.
1) Get a part-time job this summer. You need a stable income source to get started. 2) Learn google digital marketing online this summer. It's a free course and you can learn to make freelance money. It is also aligned with your business marketing goals. [GoogleDigitalMarketing](https://grow.google/certificates/digital-marketing-ecommerce/?utm_source=gDigital&utm_medium=paidha-eng&utm_campaign=sem-bk-dm-exa-glp-br&utm_term=google%20digital%20marketing%20certification&gclid=CjwKCAjwquWVBhBrEiwAt1KmwrkcBbmUKHEQ__j0dXJuUJ9_nqfKwqa_SSXAcFaLMSldCaUkT5oENhoCpZMQAvD_BwE#?modal_active=none) 3) Open a Roth IRA account with Charles Schwab, so you can have an international investing account. Invest into 2 index mutual funds for growth: 70% SWTSX and 30% SWLGX. Invest monthly for the next 20 years. Investing rarely will make you a millionaire over night or in 5 years. You have a better chance with a freelance career or real estate. You can become a millionaire in 20 years and retire in you mid to late 40s.
With Fidelity: - FSKAX (Total USA) - FTIHX (International) - FSPGX (Large cap growth) With Schwab: - SWTSX (Total USA) - SWISX (International Developed market) - SWLGX (Large cap growth) With M1 Finance or SoFi: - VTI (Total USA) - VXUS (International) - VUG (Large cap growth)
A 70% Total USA fund and 30% large cap growth fund. Below are some examples for a Roth IRA: - SWTSX and SWLGX with Schwab. - FSKAX and FSPGX with Fidelity. - VTI and VUG with M1 Finance. Another choice if you have $10k in savings is VTSAX and VIGAX with Vanguard.
I highly recommend Fidelity for newbies. Charles Schwab if you live on a coast and like to travel outside the USA. Both have apps and a website. Start with a Roth Individual Retirement Account if you make less than $129k per year. The max annual deposit is $6,000 for 2022 according to the IRS. Below are some example funds to invest into for the long-term. Fidelity: FSKAX, FTIHX, and FSPGX. Schwab: SWTSX, SWISX, and SWLGX. There is a lot more to it, but this should suffice to start. Look into the Boglehead community for best practices.
Growth until you turn 51. Most stable growth in a broad fund and aggressive growth to supplement it. Examples: - 70% into VTI and 30% into VUG (Via M1 Finance) - 70% into FSKAX and 30% into FSPGX. - 70% into SWTSX and 30% into SWLGX.
My wife and I work for the same company. This company contributes 3% to our 401K no matter what and matches an additional 5% dollar for dollar. Currently we both invest 11% from our paycheck then add the 8% from our company our total percentage is 19% each. We both also have Roth accounts that we max the 6k limit on ever year. Personal facts are she is 27 y/o and I am 30 y/o and our 401k’s are through Vanguard. We have a couple kids that we do not have to pay childcare for yet and have no debt besides home loan. My goal is to have us both max out our Roth and 401K contributions in the next 5 years and maintain it until we retire. My goal is to retire by 54 y/o and she would stay in the work force for another 4 years after that. Is that goal to farfetched and should I be putting other money away in different accounts? Roth is through Charles Swab and is in SWPPX (50%), SFLNX (25%) and SWLGX (25%). Vanguard is in target retire 2055 (25%), VIIX (30%), VMCIX (30%), and VSCIX (15%). Currently balance of our portfolios is 183K. Our combined gross salary for 2021 was $147k
Open a regular taxable brokerage account with Charles Schwab. They are great for USA expats. Invest most of it into SCHB and the rest into SCHG. Once you start working, then open a Roth IRA and repeat the investing stlye with Index mutual funds (SWTSX and SWLGX). Also look into "Investopedia" website for definitions of a Roth IRA, ETF, and Index mutual fund.