Reddit Posts
Should I strictly invest in the S&P 500 for retirement
Rate of return from Dec. 2019 to Nov. 2023 is -10%. What can I do from here?
How can I tune my portfolio in the future or now to help keep up good growth?
Can I still buy mutual funds if I broke the PDT rule?
New 2 investing. Schwab Traditional IRA. In 2021 I contributed 6k and will do again this year. It’s down 10%, how should I invest/change my options/investments? Any advice?
Roth IRA (Charles Schwab): Sell All/Buy Another Mutual Fund
My investing strategy during these scary times -- Is it really this easy?
What's the ultimate difference between VFIAX and SWPPX?
How do you decide when to sell a position? Am I a fool for never taking profits?
Is SWPPX Any Good? It's What I'm Completely Invested In At The Moment
Just Started Investing For The First Time, Have Some Questions
Schwab S&P 500 Index Fund (SWPPX) vs SPY?
Why does SWPPX(SP500 tracing) perform less well than SP500 Index?
Mentions
BRk is just a different index not quite volatile as SWPPX but both will hit the floor when bad news comes out.
When I had a Schwab account I used SWPPX for S&P 500. Fractional shares/dollar purchase amounts are easy with mutual funds at Schwab, plus you get one of the lowest expense ratios around.
You can't buy fractional ETF shares with Schwab (they have "stock slices", but not for ETFs). You can with Fidelity (and I don't know about Vanguard since I don't use them). You'll have to either 1. use mutual funds for it (SWPPX), 2. buy SPYM, which has a much lower share price, or 3. use a different brokerage.
Shucks man. I learned my lesson with FSELX being risky. I put it back to VOO and SWPPX. I feel you totally on this one for sure. The stock market can feel like a scam sometimes my man.
It feels so good to see this when I think my long term $200 loss in SWPPX is massive, thank you
Invest in the following: SWPPX or VOO and SCHG. Stop wasting your money on advisors. The best 500 companies in the United States.
VOO and SWPPX are effectively the same thing in different containers: S&P 500. The S&P 500 is included inside of the US total market (which SWTSX is). You could go with just SWTSX as your US stock allocation. What about international coverage though?
Do you have income? If so, get a ROTH IRA! I started my son a custodial Roth at 14 and the he got a brokerage account a few years ago. He is only 22 and has himself very well positioned. VOO, SPY, SWPPX have done very well by him. He has also been in Apple and Amazon stock for 8 years. I commend you for starting early! I didn't have anyone to guide me growing up so I made sure my kids were educated.
MF trade once a day and are updated once a day. ETFs trade through out the day and are updated every second SWPPX has not updated for the day, you are looking at Friday numbers on SWPPX not todays It will update in a few hours
The proposed action of selling all other mutual funds ($FNCMX$, $FAWTX$, $VTTSX$, $SWYNX$) and consolidating into $SWPPX$ (Schwab S&P 500 Index Fund) within your Roth IRA is overwhelmingly a positive move, as the primary pros are simplicity and cost savings, and the main con taxable capital gains is completely eliminated since all selling and repurchasing occurs inside a tax-advantaged retirement account. You are correct that there is significant overlap, particularly with the Nasdaq-focused $FNCMX$, and consolidating removes the drag of higher expense ratios (like $FNCMX$'s $0.29\\%$ and the Target Date funds' $0.08\\%$ vs. $SWPPX$'s very low $0.02\\%$), leaving you with a clean, low-cost, US-stock-only portfolio that aligns with your current focus. While you will lose the automatic bond and international stock exposure provided by the target date funds ($VTTSX$/$SWYNX$), which could increase overall volatility, this is a conscious strategic trade-off for simplicity and lower operating expenses that many investors are comfortable with, and it fully capitalizes on the Roth IRA's ability to transact tax-free.
SWPPX is the S&P500, so a good core holding but probably shouldn’t be 100% of your portfolio. It’s generally smart to have mid caps, small caps, and international too.
I Invest all of my children's Roth IRAs in $SWPPX. Max it out every year, set it and forget it.
Nitpicking here, but you can DCA into SWPPX any dollar amount. SWPXX has a 1 basis point lower expense ratio than VOO, but of course you lose the intro-day trading feature that VOO has.
I’m up roughly 100% on a combo of swtsx and vti for about $25000 (long term) in my Roth IRA. I’ve since turned on auto-contribute $7k/yr into swppx. Thoughts on selling SWTSX and VTI and buy MSFT (more aggressive) this one time to sit for 20yrs. So basically my Roth IRA will be a combo of the MSFT and SWPPX.
I use SWPPX from Schwab for my fund.
It is certainly not artificial, and declining NAV is absolutely against my religion. I don't do covered calls or any other derivatives, and dividend coverage needs to be sustainable. I hold a diverse portfolio of growth funds (SWPPX, VT), bonds (high-yield, municipal, other), real estate, BDCs, utilities and Infrastructure, energy MLPs, health sciences, telecommunications, and various other diversified holdings. It's a mix of ETFs, mutual funds, CEFs, BDCs, MLPs, and individual equities. My yield changes of course and that 7.39% was yesterday. You know how it works. Valuation goes up, yield goes down, and vice versa. But what does not fluctuate much is my income. Yes, companies raise or cut dividends, but they are almost all managed dividends so they don't fluctuate much. Decades ago I rejected the so-called "4% rule". I sell something only when I need to rebalance or as conditions dictate. It's worth hanging out in r/dividends for a bit. There's a lot of nonsense being promoted in that subreddit too (it's Reddit, after all) but it's a different mindset and a different type of investing. The danger is what you seem to already know - excessively high yields and declining NAV. It's important to stay away from obvious yield traps and choose wisely. And a 7.39% yield is not that high for a well-managed dividend portfolio.
I'm a few years older than you. Started saving for retirement around 42. I'll start by saying anything you put away is better than nothing, and it doesn't have to be complicated. I would suggest reading, ***"The Psychology of Money"***, by Morgan Housel. Not an investing book perse, but a good primer on how to be a rational investor. I believe you should absolutely start with an IRA. Whether you go Traditional or Roth would depend entirely on your marginal tax rate. You can open an IRA account with Schwab, Fidelity, etc fairly quickly. As of 2025, you can contribute up to $7,000 per year. **Important** - self managing an IRA is pretty simple, but you have to transfer the money into the account and *invest the money*. You may wish to explore a a Self-Employed 401K plan too. However, the IRA is the simplest starting point, in my opinion. Low-cost, broad index funds/ETFs have been demonstrated over time to be the easiest way to invest. This involves buying funds that track things like the S&P 500, the total US market, international markets, etc. Examples of tickers for the S&P 500 are VOO, IVV, or SWPPX. I would suggest reading, ***"The Little Book of Common Sense Investing"***, by John Bogle. Whole Life Insurance is not a way I would personally go. High cost/fees. Traditionally, lower returns on investment. Really more suitable for very high income earners, in my opinion. Cryptocurrency is not a way I would go personally with retirement savings. Extremely speculative. Highly volatile. Difficult to understand. Basically, how many people do you know who gamble at casinos and get rich? That is investing in crypto for novice investors. You do need to get some idea of how much money you *need* in retirement, then how much money you *want* in retirement. You can set up a log in with the SSA to find out what your estimated Social Security benefits would be at retirement. There are calculators online that will help you estimate your needs. I personally like this one: [Financial Mentor - Retirement Calc](https://www.financialmentor.com/calculator/best-retirement-calculator). Fair warning, it can be a little titchy on a smart phone browser.
Use a random number generator and somehow tie that to a random stock in the SP500. Invest $100 into that stock at open, and close at the end of the day. Whatever money is left at the end of the day, put that into SWPPX or another cheap SPY derivative.
Schwab is very highly recommended around here. SWPPX is perfectly fine. The important thing is to be consistently investing in low cost index funds. The differences between those funds is negligible.
Can I ask why I never see SWPPX on these set it and forget it lists? W some obvious differences isn't it pretty similar to some other funds that track the S&P500? I ask bc I have a Schwab acct where I DCA money into SWPPX every week, but that weekly amount is about to go up (a lot, like x10 or more). Should I stay the course w SWPPX or get a vanguard acct? I see EVERYONE suggesting VTI and VOO and NO ONE suggesting SWPPX and I don't understand why that is.
Fidelity and Schwab have comparable mutual funds with lower expenses vs vanguard ETF. SWPPX Schwab S&P500 has an expense ratio of 0.02% FXAIX fidelity s&p500 has an expense ratio of 0.015%. I think you are confusing active vs passive what has nothing to do with ETF vs mutual funds.
You are confusing active vs passive. SWPPX Schwab S&P500 has an expense ratio of 0.02% FXAIX fidelity s&p500 has an expense ratio of 0.015%. The Lowest expense index funds are mutual funds. Fidelity also has 0% expense funds. Not that this really matters as savings a couple basis point is not going to change the outcome
If I'm understanding what your OP is saying, I think a point may need to be made. You're saying 3.75% APY. But that's the cash back rate, yes? So that would only apply for the year that the money goes into the account. What are you going to do with the cash after that? Leave it as cash? What does Robinhood do with uninvested cash? I assume a cash sweeps or something. So what's the APY for their cash sweeps? VOO/SPY/FXAIX/SWPPX are all fine S&P 500 index funds.
To me, this is more psychological and emotional than anything else. This has all been happening for decades and decades now. What Powell indicated isn't new. Overvalued is just the number. The SP500 index at 6600 is high... are we really waiting for it to drop to 2200 before diving in? Schwab just split their SWPPX mutual index fund from $100 to around $16 - that made more people "feel" like it's affordable and people jump in - that's a good thing. SPY/VOO - follow suit, folks! The psychology behind this is fascinating and social media has exasperated things - what is happening in the market is what always happens. Just Dollar Cost Average and things will be OK unless America itself collapses (and if THAT is what holds you back from investing, this isn't the sub for you). Jack Bogle was right. DCA the Index... and chill.
Probably easier to just buy a mutual fund equivalent instead, like SWPPX or FXAIX or whatever the native fund is at your brokerage.
Continuing to buy SWPPX for my long term plans, but my current gambling stock is ROOT.
You don't have to direct index to tax loss harvest. If you were invested in say VOO, you could sell VOO and turn around and buy SWPPX or FXAIX. They all track the same index, but they are ran by different companies, and to date no one has stated an instance where the IRS has considered this kind of trading as "substantially identical". Also when you directly own stocks, you receive all of the associated investor literature and notifications of meetings and all that. Imagine having to deal with all of that for lots of companies. Maybe most of that can be sent to you digitally, but I know for the few that I currently get I personally find them annoying. I'm not interested in voting or any of that. I just want the companies to keep making money and being profitable.
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.
Just in investment $25 weekly or $50 biweekly. Investing $5 a day accomplishes nothing, you are just making things overly complicated for zero reason. SCHX is basically equivalent to VOO and it's $25 a share, or just use Schwab S&P500 index funds SWPPX. And probably just invest in the SCHX or swppx. They hold all the stocks that are in SCHD and QQQ. It holds both dividends and growth stocks . So then adding a dividend fund , and a growth fund really doesn't do much because all those stocks are inside SCHX or swppx anyway.
You just do it. Go to any financial website that offers charting and look up SPY/VOO/FXAIX/SWPPX (doesn't matter which) and zoom out as much as possible and look at the trend. Also, it **is not** impossible for investors to beat the market growth rate. It is difficult for most investors to on average beat the market growth rate **consistently long term**. No one should be under the impression that they cannot beat the market occasionally, but the point is how often you are likely to do it along with how much time and effort is involved, and long term how much, if any, you come out ahead. Your time is valuable. If you end up spending a large amount of time doing your own investing and you either do not long term beat the market returns, or you get close to them, then you have to ask if your time was spent wisely.
If you find Warren Buffet's idea seems compelling to you then buy SWPPX, or an ETF like VOO. He does not advocate a global index fund. If you want to do that, then fine, but it is a totally different thing. FYI, PRSCX has outperformed SWPPX +441% to +286% the past ten years.
I do use SWPPX and for fractional shares, I use BRK.B as an etf substitute.
Geez, I keep hearing peeps complaining about not being able to buy fractional shares on Schwab. so why not just use another brokerage? It's so easy to setup and you can request of your assets "In Kind' to be transferred to the new account. SWPPX is fine, FXAIX. You want something more aggressive, you'll need to look at a large cap growth fund. There's actually more ETF options than mutual funds I think. SPLG, IVV, VOO, SPY, SPYG, SCHG, TCHP to name a few large cap growth. VOT for mid cap growth, etc.
As a 23 yo, you want growth first and for most for the next 30+ yars. SWPPX is the S&P 500 index fund no? I would just go full head on in the Roth IRA and the brokerage account with either SPYG or SCHG which both are similar. Then in your early 50's start transitioning your Roth growth investments into dividend funds and/or stocks.
True, but I was thinking initially that it would be better for SWPPX to be in my Roth IRA and to have a separate brokerage account for just ETFs Cause I was also thinking to have something a bit more liquid for personal use Do you think it be better to then transition from SWPPX to a full SPYG in my ROTH IRA and to do say, a SCHG in a brokerage for something more liquid?
Why not just go with SPYG or SCHG in your Roth IRA and skip the SWPPX mutual fund. At 23 dividends from mainstream ETFs won't move the needle. Just buy some individual stocks for dividends. Altria (MO) 6.5%; TRIN 12.5%; GOF 14.5% yields. Good luck investing and make sure to use a Fintech app such as Webull that gives you 4.0% plus 4.1% match from a promo.
You can open a custodial account for your son at Fidelity. At 13 he can have his own student account at Fidelity. My kids all have brokerage accounts at Fidelity (two custodial, one student) and custodial Roth IRAs at Schwab. They are 12, 13, and 16. For their brokerage accounts, they choose what to invest in. We subscribe to Morningstar's Stock Investor and ETF Investor newsletters, and we will look at different stocks and ETFs with them from there. Sometimes they also just choose a company they like (my oldest chose Pepsi because she drinks Pepsi). They continuously have money going into the account because they are required to save 15% of any money we pay them (chores, etc). For their Roth IRAs, I put everything into SWPPX. Self employment is considered earned income, so every time they pet sit for someone who pays them, mow their grandpa's lawn, ref a soccer game at a local field, etc, I track that in a spreadsheet for their income. If they make a contribution to their IRA I will match it, but I also add a little here and there as I'm able equally for each kid. My goal is to have $5k in each account by the time each kid is 20.
You can Google the question “what happened to Schwab mutual fund SWPPX today and AI will give you the answer in simple terms. There was a 6 to 1 stock split today. The value of each share goes down, but your number of shares goes up proportionately so the value of your holdings is not affected. Breathe easy.
I nearly had a heart attack when I saw SWPPX dropped that much.
I'm happy to help but you will need to be a bit more specific about what you are seeing. How many shares of SWPPX did you own prior to 8/15? What is your cost-basis prior to 8/15? And who is your broker? What does it say today?
No - A split does not change the value of the holdings. It's effectively an accounting change. For example - assume you own 100 shares of an asset that is worth $6 per share. That means you have $600 worth of the stock. Let's say that the company did a corporate action to forward-split the shares 6:1 similar to what occured with SWPPX. That means that for every share owned - you get 6 shares. But the value of the shares will adjust downwards by 6 times. So now - instead of 100 shares, you own 600 shares, but each share is now worth $1. You still own $600 worth of the stock. Make sense?
JP Morgan is fine for what you're doing. I'm with Schwab but sometimes I wish I was with Chase because I already have a checking account with them. Having everything in one place must be kinda nice. How did you go about picking those funds? Assuming you're young, I'd just invest in VOO from now on. I think like half of those are Bond funds, which you don't really need at your age. SWPPX and VOO are the same thing.
That explains the problem you're having. In the case of SWPPX, the stock split means they issued 6 times as many shares of the stock as they had before, and the price reduced to 1/6th of what it was. For every 1 share you had, you WILL receive 5 additional shares, and each are worth less, so it will work out to the same total value as you had before. Schwab will send those shares to Chase, and Chase will add them to your account, but it may take a few days before they show up.
I should have included this but here is what my portfolio looks like: VOO TCIEX VBTLX AGG SWPPX - someone mentioned something about Charles Schwab and a stock split. I’m new to this not sure what that means FPADX CBFVX
New here. If I go to Charles Schwab I’m assuming they’ll offer a similar service? I want to leave them to manage it. Appreciate the tip I should have included this but here is what my portfolio looks like: VOO TCIEX VBTLX AGG SWPPX - someone mentioned something about Charles Schwab and a stock split. I’m new to this not sure what that means FPADX CBFVX
I should have included this but here is what my portfolio looks like: VOO TCIEX VBTLX AGG SWPPX - someone mentioned something about Charles Schwab and a stock split. I’m new to this not sure what that means FPADX CBFVX
I should have included this but here is what my portfolio looks like: VOO TCIEX VBTLX AGG SWPPX - someone mentioned something about Charles Schwab and a stock split. I’m new to this not sure what that means FPADX CBFVX
I should have included this but here is what my portfolio looks like: VOO TCIEX VBTLX AGG SWPPX - someone mentioned something about Charles Schwab and a stock split. I’m new to this not sure what that means FPADX CBFVX
I should have included this but here is what my portfolio looks like: VOO TCIEX VBTLX AGG SWPPX - someone mentioned something about Charles Schwab and a stock split. I’m new to this not sure what that means FPADX CBFVX
Mine was showing the same, showing a $400k gain between SWPPX and SWMCX. It self corrected on Schwab pretty quickly. Was originally showing the new shares but not the adjusted NAV. Closing bell on Friday and it finally updated the NAV correctly. Threw me, cause I wasn't aware the splits were happening, so had to do some research and figure out what the hell just happened.
What do you have in your portfolio? SWPPX had a 6:1 stock split that will make it look like you lost money until they get the shares to you
Long puts can make sense as u/Doodl3s described. But a collar would be a lot more complicated if you are trying to hedge VFIAX/SWPPX positions. A collar in your situation is a synthetic short futures construction. You can use a short combo instead - ie write an otm call and buy an otm put. But the same problem remains - you have to understand how to manage the short call leg. And if you have never traded options before - many brokers are not going to let you write any spreads with naked call legs. If you use long puts - the usual challenge is choice of strike and expiration - that really will depend on your market thesis and/or hedging drag that you are willing to deal with - and that is a personal choice.
Where I'll agree is that I think Schwab could have done a better job with communication regarding the split. That said, I am going to hold on to the shares of SWPPX that I own.
As stated the SWPPX S&P500 Index Fund split 6 for 1, and the SNXFX S&P1000 Index Fund split 10 for 1.
SWPPX is an index fund. You 100% can buy fractional shares of SWPPX
I am going to brazenly rip off Warren Buffet by saying that if you liked SWPPX at $100 NAV you should love it at $16 and change NAV (I believe the NAV post split on Friday was $16.63)
I’m sitting here trying to figure out what’s going on. I only own SWPPX in one account that also has Palantir. I thought PLTR dropped like a stone at first. Not certain why it shows a loss without the corresponding split. Doesn’t seem like a “trivial” tech issue. I don’t mean that we lost the money. Just that they should have the process down a lot tighter!!!!
I received no notices in either of my accounts that hold SWPPX and SWTSX. I did not receive any emails regarding splits, either. So frustrating and disappointing.
You didn't lose any money. Simply put, like for a stock split, the number of shares you now own has gone up by the factor of the split and the NAV has gone down by the factor of the split (6:1 in the case of SWPPX, 7:1 in the case of SWTSX, and 10:1 in the case of SNFNX). The market value remains the same, thus you did not lose any money. Make sense?
Thanks for the info, I had been wondering what the hell happened when I saw that my SWPPX position dropped \~83% today and now I know. For the curious, it appears a split for a mutual fund works a lot like a stock split in terms of the number of shares you end up with is increased by the factor of the split and the NAV is reduced by the factor of the split (6:1 in the case of SWPPX, 7:1 in the case of SWTSX, and 10:1 in the case of SNXFX) while the market value remains the same.
The reason the Schwab S&P 500 Index Fund (SWPPX) appeared to "plunge" today, on August 15, is because it underwent a 6-for-1 share split.
Holding just SWPPX or both would give you greater weighting in large cap USA stocks. It's a you question as to if that is desired, and in what ratios.
So then do you think i should sell all of my SWPPX for SWTSX? Is there no benefit for holding SWPPX specifically?
The overlap is with SWPPX being a subset of SWTSX. If you held SWISX and SWTSX you would hold international ex-USA large cap equities and all USA equities.
I hold SWISX, SWPPX, and SWTSX in my Roth IRA. Is that a good lineup? I’ve heard of there being overlap, but then shouldn’t everyone just hold international funds? Can someone explain to me the right thing to do with my portfolio please?
In an uncharacteristic burst of luck, I bought NVDA in 2010 and 2015. This has been life-changing for me, and I still believe in this company as much as I ever did. You're not going to have that luck buying it now, but at a quick glance I see that 65 analysts still rate it a "strong buy." My advice: jump in with both feet. That said, there are a lot of good mutual funds with large positions in the stocks you mention. Maybe better diversification in places like SWPPX, QQQ, or IOO?
How old are you? Put together a total for all your monthly expenses and give yourself a 6-8 month emergency fund to sit in a HYSA. Start with 10-20k to invest in since you're new to investing and put most of it in VOO or any SP500 index fund. You should consider this specific investment as a long term investment. Look into ETFs or mutual funds like SWPPX if you don't want to touch individual stocks. You should consider opening a Roth IRA as well for tax free investing towards your retirement.
Not sure if this is right place to put this. I'm finally starting out investing and using retirement accounts. I've done a bunch of research. I've got about a 32 year time horizon. I've never really asked for advice about this stuff. Here is my allocation: Roth IRA (represents 40% of my total portfolio): 35% FNILX (broad large cap) 30% XMMO (mid cap momentum, overweighted here because I can't get this in my other accounts) 15% AVUV (small cap value) 15% FZILX (broad international, developed and emerging) 5% AVDV (international small cap value) Roth 403b (represents 20% of my total portfolio): 65% VIIIX (S&P index) 15% DFFVX (small cap value) 20% VTSNX (broad international, developed and emerging) Roth 401k (represents 40% of my total portfolio): 65% SWPPX (S&P index) 15% DFFVX (small cap value) 10% SWISX (broad international, developed) 10% DCEFX (broad international, emerging)
>ETFs have big tax advantages They are not really big , for market weighted index funds they usually can avoid a lot of taxable gains distributions. I think I calculated it SWPPX (An S&P500 index fund) and it was a few dollars per 100k So yea its an advantage , but its not something I would really worry about
Not all mutual funds have loads, fees, and high costs. SWPPX, for example, has an expense ratio of 0.02%. Just stay away from the high-cost ones, unless of course those higher costs are yielding a greater return.
If you eventually want to setup recurring buys, you can buy an index fund thru a brokerage that does auto buys. I use Schwab and buy SWPPX which is their S&P 500 index fund. They have “automatic investing plan” so you can buy weekly, monthly, etc. You can open a 529 or a custodial account, just be sure to understand the difference between them.
SWPPX seemed really great to me too. Cheaper than VOO and excellent performance
Yeah, basically the Schwab funds themselves are largely sane, cheap index funds, but most of the catalog is high-expense ratio stuff. SWPPX is great.
Just some terminology what may be a moot point Most of Vanguard funds have 2 share classes , they have an ETF version VOO and a Mutual fund version VFIAX . Note they are the "same" fund just one share class is organized as an ETF VOO and one is a mutual Fund VFIAX For long term investing it really does not matter what one you buy, however VFIAX may not be offered at all brokerages . Or you may get charged a fee if you try to buy VFIAX at schwab or fidelity . However at schwab or fidelity you can buy VOO , and holding VOO at schwab or fidelity or RH is the same as holding VOO directly at vangaurd So really for longer term investing it really makes no difference if you open a vangaurd account and buy their MF VFIAX through the vangaurd brokerage , or simply buy VOO through RH (or any other brokerage) Also vangaurd funds are well known and lots of people know their popular funds or tickers, so sometimes when people say "Buy VTI/VOO" they really mean just buy some total market fund or S&P500 fund Fidelity and schwab will offer very similar funds like SCHB or SWPPX that are essentially equivalents to VTI or VOO and the returns will be near identical Now some people hate the vangaurd brokerage website or app , its designed to be simple and boring . Its great for people who just want to contribute $XXX a month/quarter/year and buy index funds. Its not really designed for "trading" or doing research into companies (although they do have some tools) and they will restrict some funds that do not fit the vangaurd style of investing (think some 3x leveraged long or short fund) However some people miss the point, being simple and boring is the entire point. Brokerages like RH want you to trade , buy/sell as often as possible. It will give you all sorts of alerts and breaking news , you can sign up for their news letters the snack that will give daily market updates, my cynical view is all this is to encourage you to trade more, and its been shown on average the less you trade , the better you do. So in the end there is really little difference if you buy VOO on Robinhood or setup a brokerage with vangaurd and buy VOO, or if you buy a different S&P500 fund like IVV or SWPPX, however the vangaurd site does have an advantage of being very simple and extremely boring what may or may not fit your style
For voo, it just so happens that Schwab has an SP500 mutual fund that is excellent. It’s cheaper than voo, it tracks the index well, Morningstar gives it 5 stars. And you can invest as little as a dollar I think. SWPPX. I also have one share of voo to always see how they compare. ( I’m neurotic that way) Otherwise, Schwab tries to keep its ETF prices low. It recently stock split a bunch so they are in the $20s, like SCHG, it’s large growth ETF. However, I know your pain and if there are certain ETFs you really want fractions of, I would recommend Fidelity. I know Schwab offers fractional shares for all the SP 500 stocks. I don’t think they’ve expanded that (?) There are some expensive stocks too that aren’t in stock he SP 500
What's wrong with SWPPX? It mirrors and actually slightly outperforms VOO over the past 12 months. I have my portfolio set to transfer $2300 every two weeks to my brokerage and it automatically buys $1150 of SWPPX (same as VOO) and SWTSX (Same as VGT) every other Friday. Schwab isn't very user friendly and it takes a bit of digging and setting up to get it all squared away but once you do your investments go on autopilot and you just sit back and let it run.
Manually buy a set number of whole shares on my pre-planned schedule; re-evaluate every few years how the portfolio balance is doing and then adjust future buys accordingly (for ETFs like SCHB, SCHD, SCHF, SCHH, et cetera). Or just set up auto buy of a mutual fund (like SWPPX).
SWPPX if you’re at Schwab. Same thing.
As others have said I do $580/mo into my Roth IRA into $SWPPX (right under 7k for the Roth IRA limit this year). Basically do an auto transfer of $580/mo from your checking account into your ROTH IRA and then set up automatic buys each month of $SWPPX for the same amount. Just make sure you allow a couple days between transfer of funds from checking to ROTH IRA and ROTH IRA purchase of $SWPPX. I do bank transfer on the 5th of every month and $SWPPX auto purchase on the 10th of every month. Easy peasy.
SWPPX AND SWISX, they’re mutual funds, so you can setup automatic investing. Most vanguard funds have Schwab mutual fund versions. Edit: Adding There are tons of No fee-no load mutual funds on Schwab, I just invest in mutual funds instead of etfs. They’ve been on autopilot for years now.
SWPPX is the same as VOO though…
SWPPX AND SWISX, they’re mutual funds, so you can setup automatic investing. Most vanguard funds have Schwab mutual fund versions.
Voo cheer leaders are those do not know much about investment. We have had many bull years when these tech stocks like Amazon, Apple, FB, Tesla and last year was AI did exceptionally well. The supporters did not live through the recessions where these leveraged tech leaders became tankers. In reality these 7-8 tech stocks were driving 8% of S&P 500 stocks momentum. It works similarily during a down cycle and have tanked -30% or even more in a bad year. Microsoft tanked and did poorly for 16 years and finally recovered. Intel is at a fraction of its peak never recovered. When people talk about Voo many don't even know SWPPX etf has similar if not slightly better return with even a lower expense ratio. Why, they really just follow others and do not understand stock market well being new.
Yep, Im pretty sure I can do an in kind transfer. But once my SWPPX positions are moved yo WF, I assume they have to be liquidated in order to use their S&P500 Direct roboasvisor for the TLH benefits. Liquidation at that point would be a taxable event, no?
Into my bank account would be a safe choice, but lets assume you weren't already considering that. FXAIX is a solid, safe choice to park that money. Just keep in mind that FXAIX is good if Fidelity will be your long-term brokerage, whereas SWPPX is the same for Schwab. Not that you can't buy one in the other, but you may face some fees down the road when you look to port those shares over to another brokerage. As for FXAIX or SWPPX, they're very comparable, but usually the broker's own mutual fund is cheaper in fees than another's, so you may want to look at that too.
Just set up a schedule to deposit 200 every week into SWTSX/SWPPX.
Hello, I am very new to investing, I had my first financial advisor meeting with Charles Schwab yesterday and learned a lot. I have funds in an IRA rollover account from ESOP stock that I sold. Yesterday I invested 21% in money market to have some liquid in case I need to pull from it. Invested 15% in a CD at 4.3% And was planning on investing 54% in SWPPX (Schwab S&P 500) and 7% in SWISX (Schwab International). I see that the S&P is at an all time high today. I wasn't sure if I should invest today or hold off for a potential drop when the tariff pause ends July 8-9th? Or invest half (27%) today and save the other half in case it drops? Thanks in advance for any advice? (45 y/o, income SSDI, horizon 15 years, no major debt except car loan $16,800, housing with family, one child, single mom).
I was all in on SWPPX (Schwab S&P index fund) for the past 3 years, and converted 90% of it to SWVXX (Schwab Money Market) out of panic after the massive dip in early April. What would you do in this situation? Would you stay in the money market for another dip, or move back into the S&P 500?
Over the past 6-months I've whittled down my portfolio to just two funds: SWPPX (S&P) and SCHG. I retire in 10 years and the only change will be more of a tilt to S&P annually.
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
Unless you run into a vangaurd fiasco the capital gains distributions have always been minor When downturns happen and investors are selling so there are outflows , well the market is down the fund manager can sell lots with gains and offset them by selling lots with losses. Reddit makes a huge deal about this when in practice its usually a very small deal. I think I calculated it on SWPPX and its like averages $7 per 100k invested over the past 15 years $7 is $7 but its not going to make or break anyone
Here is some information. There are ETFs and mutual funds that track the S&P 500. Popular S&P 500 Index Funds (including ETF equivalents): Vanguard S&P 500 ETF (VOO): A very popular ETF tracking the S&P 500 with a low expense ratio. iShares Core S&P 500 ETF (IVV): Another popular ETF tracking the S&P 500, also with a low expense ratio. SPDR S&P 500 ETF Trust (SPY): The oldest ETF in the U.S. and a widely traded fund that tracks the S&P 500. Schwab S&P 500 Index Fund (SWPPX): A mutual fund with no minimum investment and a very low expense ratio. Fidelity 500 Index Fund (FXAIX): A mutual fund with no minimum investment and a low expense ratio. ETFs vs Mutual Funds https://www.schwab.com/etfs/mutual-funds-vs-etfs
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.
Why would you need to do this? Just use SWPPX which allows autoinvest and is the same thing as having fractional VOO. Also, I use Fidelity for my 401(k) (because I don't have a choice) and their services overall are garbage compared to dealing with Schwab. I've stayed with Schwab for 30 years and moved all my other accounts over to them as a result of their stellar service.
Just use SWPPX at Schwab if you just want to invest in an S&P 500 tracking fund. Minimum investment is $1. And SWPPX expense ratios are lower than VOO if that's important to you.