Im currently looking for options to start an Investment portfolio. I am considering speaking with Charles Schwab and JP Morgan. Can you guys provide me with any reviews, suggestions, other options to take this forward.
Thanks in advance.
- You will probably pay at least 2-3%, and potentially get assigned to someone junior. You may want to consider one of those automated online investment services, although the problem is that they don’t necessarily trade in and out of positions as the market moves up and down. Another alternative is just to buy a low cost S&P 500 mutual fund. Tough to beat the S&P. You will get a better deal in a personal wealth manager when you have $500K plus.Jun 13 1
- Don’t fuck around with individual stocks. Or advisors. VTI 100%. Low cost index. 3 fund stick with it. Coz every fund will have its day and rebalance
- LinkedIn rTxv02Fidelity has ETFs that have expense ratios of zero—totally free investments. Vanguard Admiral Shares charge a few basis points and Schwab charges about the same. Create a diversified portfolio using these with an allocation that works for you, depending on age, risk tolerance, etc. (i.e. more equities and tech if you’re ok with riskier investments and volatility). Rebalance every quarter or so, and try to move out of stocks and into Treasuries if you think a recession is coming.
- Microsoft no-sqlSo Vti seems like a stock with value 147 which can go up or down. Why put all savings in it? Dividend is 2% which is not great