Charles Schwab Intelligent Portfolios Review [Is it really amazing?]
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- Опубликовано: 10 сен 2024
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In this Charles Schwab Intelligent Portfolios Review, we tackle the roboadvisor from all angles. There's a lot to love about this platform from Charles Schwab, particularly the lack of a management fee for the service. Since Betterment and Wealthfront are some of the most popular roboadvisors, we go through an in-depth comparison between the two companies. For the exact sections, please see the timestamps here:
1:36 How roboadvisors work
6:30 Charles Schwab Intelligent Portfolios Fees
7:20 Wealthfront vs Charles Schwab Fees
14:25 Charles Schwab Intelligent Portfolios ETFs
18:40 Charles Schwab Intelligent Portfolios Tax Loss Harvesting
24:00 Charles Schwab Intelligent Portfolios Rebalancing
26:00 Accounts offered by Charles Schwab Intelligent Portfolios
28:40 Understanding Charles Schwab Intelligent Portfolios cash allocation.
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Disclaimer: These are the ideas and opinions of the video creator. The video references opinions and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice as I am not licensed to give investment advice.
Thank you! I almost fell for the $300/$30 fees. Thank you very much for the breakdown.
It's $30 per quarter, not month
Can I take my investments from Schwab intelligent account and manage them myself or it’s not allowed and I must liquidate to move my assets out of the account?
Your video was on the top when i search for Schwab Intelligent portfolios and how I came over on the first place . I think you can capitalize on this by making an update between 10 to 20 min.
Appreciate the feedback! I'll probably do an updated one in 2021 and make it more concise.
Can you get the Premium Portfolio and decline the advisory portion of it? Or should I just get the regular Intelligent portfolio if I do not want the advisory? I mean, are they both the same product and one just includes advisory??
On your explanation of the cash allocation, you seem to be saying that they use it to invest. But then it's not cash. I don't understand what you are saying.
I think they keep money in cash so they can sweep it and make money from it - the hidden fee.
And correct me if I'm wrong, but tax-lost harvesting doesn't matter with qualified accounts, right?
Excellent and very thorough. Thank you!
Great thanks so much daydreamer!
Good Video Robbie. Thank you!... I am a regular user of Schwab services at this point. However, not their Intelligent Portfolios service.
Thanks for sharing! For some investors I think it can be a good fit. Just depends on the person and how they invest. Thanks for watching!
You need to do a video on how robo advisors are doing this year ..did they saved the users from a decline or they did good bad neutral ...
Nice idea RG. I would need to find some research about it. I can look. Since each roboadvisor is different it's hard to tell. I can also poll my subscribers to see how they have done.
@@RobbieMoney2hello, could you run a poll for this year please?
Thanks!! Very informative
Hi Robbie, this video was extremely informative and convinced me to open an intelligent portfolio w/ Schwab. I am currently invested in a assortment of Schwab MF and ETF's (literally my first doing it)But I feel an Intelligent Portfolio make work better for my novice experience. As I applied for the portfolio, it asked if I should enroll an existing Schwab account "The entire balance of the account you are enrolling will be invested in Schwab Intelligent Portfolios." Do you recommend I do so? Thank you, I appreciate any advice!
Yes, you are buying into a diversified portfolio. This is a long term, 3-5 years, thing if you’re investing in growth/aggressive stocks. There is no financial planner in the world who can effectively diagnose where /when to buy/sell….a computer is not emotionally affected.
You should do an update on this: the real reason they hold 6% cash is because they make a lot of money on your cash. Never understood why you have to have cash in a retirement fund that isn’t gonna be touched for years.
Thats the reason don’t charge you a fee
Is there any way to adjust the ETF's or portfolio with ETF's or individual stocks that I want on my portfolio?
Hi thanks for watching! To my knowledge there isn’t a way to adjust which ETFs you will have. But I’m not 100% sure so you may want to do further research. 👍
great video
22m worth around 73k, stocks, reits and cash including cars and shit that doesn’t make me money probably closer to 80k
Is fdic insured? Cause Betterment is insured.
Is this still valid?
Why would you let a computer manager your money and your future? I have an investment portfolio with Charles Schwab with 61 different holdings. I hand picked each holding and I decide how many shares I want to purchase with each. I can look out for myself better than anyone else (or a computer). No ETF for me, no min deposit and no fees. I have free trading.
I have a trust that refinanced mortgages for lower rates and monthly payments. We want to invest the difference automatically every month.
Any other ideas?
Thanks Robbie. Are you concerned with the amount of cash they allocate to the portfolio?
Never mind. I finished the video and you stated your thoughts on this toward the end.
Invest to multiply the money 💰
No it's $30 per quarter not per month
Schwab is buying out Ameritrade so I wonder if my ameritrade acct will transfer to schwab?
Hi Lee! According to Schwab it will automatically transfer. But not for quite some time. I talked about that in this video I made about the acquistion of TD Ameritrade by Schwab. ruclips.net/video/5ssryKYCOVY/видео.html
Thanks for watching!
Cash? I don’t put money in brokerage to manage cash, Schwab uses cash in this portfolio to lend money to cover costs / make money. Schwab is not parking part of your portfolio in cash for you!
I look at this differently, JB Runner. Cash is an asset class and it allows Schwab to take more or less risk within it's portfolio mix based on the weight. Also, cash beat most asset classes so far this year. More cash in 2022 lead to better returns.
I have a trust that refinanced mortgages for lower rates and monthly payments. We want to invest the difference automatically every month.
Any other ideas?
Hey Gregory! Sounds like a good idea to invest the monthly savings by doing a refinance. Can’t think of anything else but good luck investing the difference!
Hate the music in the background. It’s too busy for the subject.
Thanks for the feedback!
Could you do this but for Fidelity ??🤔
Hey Alfredo thanks for the comment. I don’t have a Fidelity acct but I could do a comparison of the Fidelity and the major brokers. I’ll look into doing that at some point in the future. Thanks for the comment!
could you send me a referral link?
Hi Bruno! Thanks for watching. This link may work but it depends what account you end up opening. Hope you can get the bonus! www.schwab.com/public/schwab/nn/refer-prospect.html?refrid=REFERMQ8R8GNZ
@@RobbieMoney2 I want to open a taxable account and use the intelligent portfolio! Let's see if it works
@@brunogodinho8584 great hope it works out for you, Bruno! Good luck.
Overkill. An S&P500 index fund or ETF is all one needs for long term investing.
If you’re 20. Yes. If you’re 60. Nope
@@RobbieMoney2 Even 60 year old folks have long term investments. If not for themselves then for their heirs.
Agree that older folks have long term investments. But the statement was that an S&P 500 ETF is “all one needs”. While a portion of a portfolio may be in an S&P 500 etf the portfolio should be asset allocated and have other less volatile ETFs/investments as well.
@@RobbieMoney2 My initial statement was "an S&P 500 index fund is all one needs for long term investing" not "all one needs". What you did is the classic taking a statement out of context. You must be a journalist. This is why no one trusts the media anymore.
@@nickv4073 you just went from a discussion about ETSs to me being a journalist and not trusting the media. And I’m out of context 😂😂😂😂😂😂😂