Anonymous
10/18/2013 18:35
Subject: Investments with Schwab
Schwab is great when you're DIYing it, but steer clear of managed accounts regardless of provider unless you're willing to open a vein.
Anonymous
10/18/2013 17:18
Subject: Investments with Schwab
No I don't have a managed account-- the bulk of my $ is in mutual funds elsewhere but I use Schwab for a few stocks and ETFs plus a rollover IRA.
Anonymous
10/18/2013 16:19
Subject: Investments with Schwab
Anonymous wrote:I think Schwab is a very good option for cheap brokerage-- their prices are reasonable and they have good service.
That said, buying any mutual funds through a brokerage is usually not the best way to go. Often there are commissions if you go through the brokerage instead of the mutual fund company. Sometimes they will be commission-free but not generally.
I have a mutual fund account with Vanguard and a brokerage account with Schwab, fwiw.
This is OP. Thanks for info. Reason for being at Schwab is I recently had a bit of inheritance and this is where my relative had a brokerage account, so I opened an account there for my distribution. Is your brokerage account a managed account?
Anonymous
10/18/2013 13:41
Subject: Investments with Schwab
I think Schwab is a very good option for cheap brokerage-- their prices are reasonable and they have good service.
That said, buying any mutual funds through a brokerage is usually not the best way to go. Often there are commissions if you go through the brokerage instead of the mutual fund company. Sometimes they will be commission-free but not generally.
I have a mutual fund account with Vanguard and a brokerage account with Schwab, fwiw.
That said, buying any mutual funds through a brokerage is usually not the best way to go. Often there are commissions if you go through the brokerage instead of the mutual fund company. Sometimes they will be commission-free but not generally.
I have a mutual fund account with Vanguard and a brokerage account with Schwab, fwiw.
Anonymous
10/17/2013 22:26
Subject: Investments with Schwab
Buying direct from vanguard is cheaper.
Anonymous
10/17/2013 21:56
Subject: Investments with Schwab
I'd like opinions on buying some funds through Schwab. How do they compare to other brokerages in your opinion re: fees, options, service, etc? Any insights much appreciated.