Investing 102 - Lateral-g Forums

**WSSix** · #1 11-07-2016, 11:05 AM

I've got my Roth at Vanguard and my brokerage account is at Fidelity. Fidelity did handle my 401k but the company moved it. Both have low fees. I'm pleased with both but don't do anything involving Quicken. I do prefer Fidelity's website over Vanguard's for stock research. Luckily, I'm more active on Fidelity so it works out well in that aspect.

ErikLS2 · #2 11-07-2016, 08:09 PM

I have accounts at Fidelity and Schwab, both have very low fees, good websites and top notch service. Don't know about Quicken though.

toy71camaro · #3 11-08-2016, 09:38 AM

I have a Schwab account and a Capital 1 Investor (formerly Sharebuilder) account. Neither have any fees for my brokerage account and my ROTH IRA (which is in Cap1).

Buying shares is a flat rate ($6 or $7), but if you "auto invest" (which happens at close on tuesdays i think) its like $2.

Woody · #4 11-08-2016, 12:58 PM

Of those you listed, I think only Scottrade does not have a direct dividend reinvestment program. They do have a modified dividend reinvestment plan that allows you to accumulate your dividends and reinvest commission free. I have been very happy with Schwab. They will negotiate on commissions depending on how much money you are bringing over to them.

**GregWeld** · #5 11-08-2016, 02:15 PM

Lance --- For me Schwab has the best investing tools. To me it's like the difference between the iPhone and everything else (okay - this gap may have closed in the last couple years but you get the drift)..... I could pick up the iPhone and do EVERYTHING I needed to do without reading a book or being confused...... That's Schwab for me. It's clear - easy to navigate - has ALL of the information I need. Versus let's say my Wells Fargo brokerage account that is so cumbersome and the info on a screen is missing vital "clicks" like Total Return info.... I go to Schwab to see that in two or three click from logging in. BAM! I need that info and sometimes if I want to take advantage of a situation I need that info NOW! So just my .02

sd67 · #6 11-08-2016, 09:05 PM

I like the Schwab tools too. Get out your buy list, Dow futures are down big!

**GregWeld** · #7 11-08-2016, 09:38 PM

Quote:

Originally Posted by sd67

I like the Schwab tools too. Get out your buy list, Dow futures are down big!

It could go down harder if it's a total republican sweep of both houses and the Presidency. That gives him much more leverage to actually do some - note the some - of the stuff he's saying he'd like to get done.

Like you -- I have a boatload of cash and will be a buyer of the stupid sellers..... also known as "the weak hands".