Charles Schwab Mutual Funds - Which is Best for You?

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This video is for entertainment purposes only. I am not in any way acting as an agent or representative of the Department of Defense or United States Federal Government when presenting this information. I am not a legal or financial expert or have any authority to give legal or financial advice. While all the information in this video is believed to be accurate at the time of its recording, realize this channel and its author makes no express warranty as to the completeness or accuracy, nor can it accept responsibility for errors appearing in this video.
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[@JakeBroe]

Thanks for watching everyone! If you found this video helpful, then support my channel by giving it a LIKE and checking out my entire playlist of videos on investing with Charles Schwab! kzbin.info/aero/PLscTZuOqKWIy6s-3LSH2qNiNZW5tNIOMB

[@leslied7964]

Your videos are fantastic! I love how you actually walk us through the Schwab site and break down the information. Thanks for all the work you put into your videos! I've learned a lot!

[@JakeBroe]

Awesome! Thanks for leaving a comment and letting me know you found this video helpful. It really helps out my channel and I appreciate it!

[@YoungArchibald-p8v]

Efren Locks

[@JoanJesse-d2j]

Randall Ports

[@HattieRuvalcaba-b4o]

Donny Lakes

[@ThompsonReginald-s5w]

Monahan Villages

[@zackkargel6814]

Hey Jake I found your channel looking for information about the TSP because I recently joined the Army. Funny enough I saw you again the next day looking up which brokerage to choose to start investing in. I just wanted to say I really appreciate the helpful content, and I just made my first investment! Subscribed!

[@JakeBroe]

Awesome! Welcome to the channel Zack! Great to have you with us!

[@markpepin3003]

Great video! Mutual funds or 100% C Fund TSP? Both Roth IRA. Which would be more beneficial in the long run?

[@JakeBroe]

Hey Mark! "Just my opinion" ... but what people should be doing is putting in enough money to their ROTH side TSP to get the government matching amount (which has to go in the traditional TSP side). Do 100% C Fund for everything. After getting the matching amount, you should be trying to max out your private ROTH IRA which is $6,000 a year. Just do 100% a S&P 500 index fund in your ROTH IRA. If you have more in your budget to put in retirement accounts, then go back to your ROTH TSP. That's my plan.

[@markpepin3003]

Thanks for the speedy reply! Unfortunately I do not get matching TSP, I didn’t opt into the BRS. I’m in the High-3 but I plan on doing 20yrs. Isn’t the C fund pretty much the S&P 500? Why get a mutual fund if TSP C fund does the same thing and what are the benefits? Also do you prefer Vanguard over TD Ameritrade? Thanks Capt! Great content!

[@JakeBroe]

@@markpepin3003 , I personally have a Vanguard and Charles Schwab account, I prefer the user experience of Schwab. Additionally, Charles Schwab now owns TD Ameritrade, so I would just recommend you go with Schwab. The advantages of a personal ROTH IRA over your Gov TSP are a couple. Most among them is you have complete control over your investments, where the TSP only gives you 5 basic funds to choose from. Additionally, any principal you put in to a ROTH IRA is already taxed, so you can take it out at anytime. Anything you earn inside the account has to stay there until you retire, but a ROTH IRA is basically the world's best savings account. It is just your TSP with more control and more flexibility. I made a video about the ROTH IRA, check it out! kzbin.info/www/bejne/oX6an4mCYpd9l5I

[@markpepin3003]

Great! Thank you for the awesome advice!

[@cesarpenailillo6627]

What do you think about tips into the portfolio

[@Ashie10091]

I have 50/50 in SCHD and SCHB.. what else should I add to my portfolio The top ten holdings of SCHD: Pepsi/ups/cocoa cola/ Verizon /3m etc. Schb includes: Apple/Microsoft/Facebook/google/Johnson and Johnson/proctor and gamble etc.. What are your thoughts There are just so much out there and these two funds cover a lot so I’m thinking about what I’m missing (other than international etf but not interested in adding that ) Just looked into SCHG: holds almost 50% in technology so weight heavy in Apple/Tesla/ Microsoft/netflix..I mean this is a growth etf so wondering if I should add this one

[@JakeBroe]

Hey Ashton! SCHB put you in everything, so there isn't anything in America left to add. If you want to start buying individual stocks because there are companies you believe in and have confidence in, that might be your next step. Up to you!

[@Ashie10091]

@@JakeBroe oh so I could use SCHB for my entire investment..so you think that’s wise..it’s diverse enough I suppose then..?

[@Ashie10091]

@@JakeBroe You mention SWPPX for people under 55? I’m 22 and looking for buy and hold scenarios so was thinking I should look into SWPPX? I mean it’s a mutual fund right so isn’t there more drawbacks to that? Thanks in advance for your response

[@JakeBroe]

@@Ashie10091 , yep! SCHB is a total stock market ETF and SWPPX is a S&P 500 index mutual fund. Check out my video on the difference between mutual funds and etfs! kzbin.info/www/bejne/fXvOoHSwbKeMo7c

[@aramtas299]

Having a brokerage account at Charles Schwab I had no idea Schwab has these great mutual funds. Thank you sir!

[@JakeBroe]

Thanks for watching aramtas! I think Schwab is pretty great!

[@alicelemee8349]

Thank you so much for this video Jake! Wanted to shoot you a comment to help with your channel/algorithm. You clearly put a lot of work and time into educating us with these videos and I wanted to thank you. It's so helpful! P.S you would do a really good job as a college professor :) you explain things so clearly!

[@JakeBroe]

Thanks so much for the support Alice! I am just glad there are people out there finding my videos and gaining value from them. Being a college professor would be great, but I do not see that happening in my future. I will just have to settle for KZbin content creator!

[@nunolopes2124]

I'm been watching your coverage of Ukraine. Been a fan since you had 150k subscribers. You mentioned you did finance before. I'm glad I was recommended one of your old videos. Schwab funds seem to be doing terrible compared to S&P500. I was reviewing possible explanations.

[@NelsonAuner]

Great video! Have you considered an in-depth review of auto advisors, including schwab's intelligent portfolios?

[@JakeBroe]

Hey Nelson! I think eventually I will have to make a video about auto advisors. I made one for Morgan Stanley and trashed it for its high fees, but I generally do not see the point of using them. Even if the service is free (like with Schwab), I think anyone under 55 is better off just putting 100% of any money they have (that they won't need in less than a 3 year period) in an S&P 500 index Fund (like SWPPX). Almost every auto advisor I've seen ends up buying some bonds or international stocks and I just don't see the point of buy and hold investors doing that for an extended period of time. If people want to invest for the short term, then they can buy a Bond ETF (like BND). If they are buy and hold for the long term, then should just do an S&P 500 index fund. Just my thoughts. Thanks for the suggestion!

[@LowellFrank-v9p]

Elvie Forge

[@ariashahverdi44]

Wow! Fantastic video and very funny comments 😅

[@JakeBroe]

Thanks Aria! cheers!

[@Kevo-vt5di]

I would like to thank you Jake for spreading your knowledge about mutual funds. You have been a great help to me. Please keep doing a great job 👍

[@JakeBroe]

Thank so much Kevo! I appreciate the support! Cheers!

[@EdnaRussell-z4g]

Eldora Trail

[@akin242002]

SWPPX and SWAGX for me, and using an 80/20 split.

[@JakeBroe]

Solid distribution Mr. Berry!

[@ronaldluc7740]

I am a new investor. What does that 80/20 split ????

[@JoyceCamille-w3p]

Herman Meadows

[@therealsouthernbelles]

❤❤ goodstuff I would love to do a facebook live together so you can explain to my audience

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[@blaineogrady5869]

Great video. Very informative. I was very happy and will continue to watch you channel.

[@JakeBroe]

Awesome! Thanks so much Blaine! Cheers!

[@MegBarnett-k7v]

Hodkiewicz Creek

[@miguelmal]

Thanks for the video! I’d like to hear your thoughts on the fidelity contrafund at some point.

[@JakeBroe]

Hey Miguel! That's a great idea. I plan on making a series of videos on Fidelity soon. I'll look in to it!

[@doublendestruction2756]

How long until you get the mutual fund you buy, I got it in the morning and it is still open at 6pm

[@aclockworkpeon5572]

Great video and explanation. The visual of walking through where to click really helped! You're a good teacher.

[@stevenhuynh491]

question about index fund. I know it'll grow over time and you get dividends each year. But can you sell it after 30 years? is that how people make money from index fund?

[@JakeBroe]

Hey Steven! When you buy an index fund, you are buying a share of a fund that holds shares of other stocks (or bonds). As the value of the funds increase, the value of your shares increase. You sell your shares when you want to cash them out and "make money."

[@joeykim373]

Great video! noticed how you changed one of your wall posters... new scenery haha

[@JakeBroe]

Haha, yep! I keep ordering a couple more here and there. I think they are fun! Thanks Kim!

[@ChicanoPridex08]

I just opened a Roth IRA account and was thinking of a 3 split portfolio of Swppx, swisx, and swagx. Would swtsx be a better option instead of swppx?

[@JakeBroe]

Those two perform about the same being 80% the same! You can't go wrong with either one!

[@juliocoelho5247]

Jake, really good video. I just started with US stocks with Schwab. It is helping me to understand better how US market works. Thanks for the explanation...

[@JakeBroe]

Thanks for the comment and support Julio! I wish you great fortune in your investing!

[@KevinKake_]

Hi is there any way I can switch my option to re invest my dividends? I don’t really see an option on the app and the website?

[@BigManTing79]

if you are using the Charles app there should be three boxes below the order types

[@biggboss1000]

Hey Jake! So I have a question about investing in international stocks 11:50 . I am an USAF Officer (92T0 - pilot trainee) and I already have a Top Secret Security Clearance. I believe you mentioned in other videos that you are a missileer, so I'm guessing you also have a TS. Are we able to invest in international stocks? I heard somewhere that there were certain rules about us officers with TS not being able to invest in international stocks. Maybe I'm wrong, can you clarify this? Thanks!

[@JakeBroe]

Hey Sergio! I honestly do not know this. I currently am not invested in any international stocks, so I have not considered this. I know we cannot be invested in cannabis stocks since it is illegal on the federal level. This is honestly a question for your unit's security manager. They would know for sure one way or the other. I would assume it is fine as long as you disclose it on your SF86 form when you renew your TS. Cheers!

[@biggboss1000]

@@JakeBroe awesome info, thanks!

[@asphaltandtacos]

Thank you for this video! I have learned quite a bit from you. I will definitely be adding Schwab funds to my portfolio. The expense ratios and no minimum investment requirements makes these funds a no brainer.

[@TheDoctaJS]

Thank you for this video! I just maxed out a Roth IRA with Schwab. Went with the 3 fund portfolio strategy of 60% SWTSX, 20% SWISX and 20% SWAGX. All of these funds are terrific, you can’t go wrong with any of them and the returns will take care of themselves!

[@despacito4328]

excellent video! easy to understand and follow! i been with schwab for a while and been buying stocks. recently started investing in etfs and index funds. thanks for the video!

[@JakeBroe]

You are very welcome Death knight! Thanks for the comment and support. Cheers!

[@lenakim6737]

Thank you for your videos! I recently just started to learn about the stock market and your videos have saved me so much time! I cannot express enough how much I appreciate all your videos (liked & subscribed)!

[@JakeBroe]

Awesome! Welcome to the channel Lena! I am glad to have you with us!

[@HieuNguyen-dg9gd]

Can I buy vanguard' s etf if I have Charles Schwab as my broker?

[@JakeBroe]

Hey Hieu! Yes you can! Free to trade any ETF.

[@HieuNguyen-dg9gd]

@@JakeBroe thank you Jake.

[@EvilGenius007]

Perfect video. Loved that you pointed out chasing 1-2 basis points wasn't worth changing brokerages over. Hopefully folks are finding these videos and taking your solid advice.

[@JakeBroe]

Thanks so much EG! I got to be honest, my normal credit card viewers are not watching these videos... lol. I am going to keep making them, because I think this is good information and these will be perennial videos that will draw more people to my channel over time. I've got quite a few videos coming soon that might get repetitive, but I'm trying to create a base of videos that are searchable that can attract more people to channel. Stick with me!

[@averypiper9833]

dude youre the man thank you for clear info

[@JakeBroe]

Thanks so much Avery! I appreciate that greatly! Have a great day!

[@lexifishbaugh4822]

So if I bought $100 worth of each of these, (month one buy $100 in one, month 2 $100 in another etc and then come back around and put another $100 back in the first one and then another $100 in the second one and so on,) would that kind of be a good diversified portfolio and could set me up for retirement?

[@DT-un3bu]

Followed. I was torn between swppx and swtsx. I have a friend who’s dad is with Schwab and told me back then in 2016 that swppx is something I should do. But when I look at swtsx the returns were slightly higher. I went with swppx because I hear it’s good when their is recession? I hope I made right choice. I might do swppx & schb

[@JakeBroe]

Hey D T! Those funds perform nearly identical and are 80% the same stocks. You can't go wrong with either! Both have low fees and broad exposure. You are good with either!

[@tpsu129]

That blanket statement about actively managed funds is plain wrong. Yes, they have higher fees, but those fees are going to someone to managed the fund. Go with them it they can beat the index. Even in your own example, the numbers are clear. .02% for a 9.74%YTD or .99% for a 24.8%YTD

[@Toryboy1807]

"Charles Schwab over here". Phil Leotardo.

[@cap3c187]

Definitely a like and a subscribe from me. Very clear explanation, thank you!

[@JakeBroe]

Awesome! Welcome to the channel Kostiantyn! Great to have you with us!

[@RespectfullyCurious]

I feel that other than the total market fund and s&p500 fund, Schwabs mutual funds are lacking. For example, their international fund feels more like a developed markets fund. Just compare it to something like VTIAX. Fidelity and Vanguard offer better mutual fund options. I usually just buy ETFs in my Schwab account.

[@JakeBroe]

I Alej! I don't disagree with your analysis. I don't currently invest in any international funds, but you bring up a good point. If I add international to my portfolio someday, I might go with a Vanguard ETF (in my Schwab account). Cheers!

[@biyizy]

You can add SCHE for emerging markets

[@RespectfullyCurious]

@@biyizy Correct. I was referring to SWISX since we're talking about mutual funds. Schwab's ETFs are good, that's what I meant by I usually just go with the ETFs instead of the mutual funds since I find they're lacking.

[@Ashie10091]

@@JakeBroe does Charles swab charge a few for adding vanguard or any other brokers etfs to your account with Schawb? I’ve been trying to find Charles swab equivalents for everything because I thought I would be charged for going with any other broker within my Charles swab account

[@JakeBroe]

@@Ashie10091 , Schwab will charge for other bank's mutual funds, but not for ETFs. Every bank's ETFs are publicly traded like stocks and everyone is $0 fee commission trades now on stocks and ETFs.

[@infinityGtd]

I have mutual fund swxxp

[@miguelramos9137]

Great video. Thanks Jake.

[@Tyree.T]

I have a target date fund for 2060 and I follow the S&P 500 (spy) is that good?

[@JakeBroe]

Hey Tyree! If you are buying a fund and are a long term buy and hold investor, then I do not recommend Target Date Funds since they hold bonds and transition you to bonds slowly over time. You are better off and will earn more money in a pure S&P 500 index Fund (like SPY) and then if you plan to use the money in the next 5 years, transition on your own however much you want to bonds (like BND). Cheers!

[@Tyree.T]

Jake Broe Thanks. I’m 23 years old and fidelity told me you should buy target date fund and I was like ok. But that makes sense. And just sell them (spy) when I get closer to retirement age. Thanks again.

[@RespectfullyCurious]

Tyree I’m 24 and have Schwab and Fidelity. I would personally stay away from target day funds. I feel they’re too conservative and too cookie cutter for my taste. As Jake said, even if you only bought a total market fund or an s&p500 fund, you would be better off. Also, don’t buy SPY for long term holds. You can buy a mutual fund or VOO/IVV instead since they have lower expense ratios.

[@Tyree.T]

Alej Thanks a lot

[@Tyree.T]

Should I also buy some QQQ. In your opinion.

[@timbrown6603]

Great video

[@JakeBroe]

Thanks Tim! Cheers!

[@gregaustin7733]

Great video! Can you make a similar video for Fidelity? Or have you already?

[@robertguthrie4113]

I prefer class a mutual funds from American funds better return rates

[@Dgeraci85100]

Is SWPPX a mutual fund or an index fund...?

[@JakeBroe]

Hey David! It's both an index fund and a mutual funds. Mutual funds can either be actively managed or passively managed (being an index). Check out this video to learn more! kzbin.info/www/bejne/fXvOoHSwbKeMo7c

[@Dgeraci85100]

@@JakeBroe Thanks Jake! My next question was: 'what makes it a mutual fund?,' but the video in the link really cleared that up. I enjoy learning from all your posts, keep it up! And thanks again.

[@JakeBroe]

@@Dgeraci85100 , you bet!

[@malithsamaradivakara]

Hi Jake, quick question. I like both SWPPX (S&P 500) Index fund and SWTSX (Total Stock Market) Index Fund. Should I do 50/50 into these, or would it be better to just invest in the SWTSX since it already incorporates the S&P 500 companies, plus more. What do you think? Or should I invest in both? Thank you!

[@JakeBroe]

Hey Malith! Just make it super simple and go with SWTSX!

[@erinberry2778]

This was my question too! Should i invest in both or just focus on the one

[@DT-un3bu]

@@JakeBroe dang I went with swppx :(

[@ziggy3443]

@@DT-un3bu same

[@mohammedbenyamina9993]

So it’s save to invest in charles schwab without losing the principle?

[@dwalker6868]

Thank you

[@JakeBroe]

You are welcome Walker!

[@HT-br1uh]

Do you recommend owning accounts with Schwab, Vanguard, and Fidelity to avoid fees and buy INDEX FUND from them directly.

[@JakeBroe]

If you have ANY no fee trade brokerage account, you can buy the ETF version of all their mutual funds for no fees. Just as good!

[@PhilC_Adventures]

Thank you!! Very helpful!

[@JakeBroe]

Thanks Phil! Cheers!

[@darylreeves3060]

Thank you for this video perfect timing ⏱

[@JakeBroe]

You are very welcome Daryl! Cheers!

[@WellWithChels_]

I just opened a Roth IRA with Charles Schwab and am considering investing in the S&P 500. Is there really not a right time to invest? There’s so much going on with COVID-19 and elections coming up... this is all going to affect the market in some way. Is there anything in particular about a funds performance to look for when deciding to invest?

[@JakeBroe]

Hey Chelsey! If you buy something and sell it in less than a year, then you are a trader. If you buy something and hold it for multiple years, then you are an investor. I really do believe that "time in the market beats timing the market." So if you are looking to make a quick dollar by jumping in and out of the market, I can't guarantee you anything in the age of COVID. But if you buy a simple low cost index fund and hold it at least for a couple years, i guarantee you won't regret it.

[@seal-1994]

Should I choose SWPPX over SWTSX? I see they overlap. And what whould be a great charles schwab large grow index fund.?

[@JakeBroe]

Hey Jose! You can't go wrong with either, but I just lean towards SWPPX because it is less volatile. Basically the same average returns, but less wild swings.

[@jackschwab1661]

You are my hero

[@JakeBroe]

Thanks Jack!

[@waynejoe2127]

good video thanks body

[@JakeBroe]

Thanks Wayne! Cheers!

[@michaelvieira2113]

Well done Jake! Thanks!

[@JakeBroe]

Thanks Michael! Cheers!

[@theanimeaccountant1472]

So what would you recommend a split should be if someone is investing the max 6,000 a year to a roth ira? 60% swppx, 30%swagx, 10%swisx? Just wondering what you think

[@JakeBroe]

Hey Tamarcus! I just go 100% SWPPX for myself. I do not both with small caps, bonds, or international stocks. I am well-diversified across 500 successful American companies and feel secure buying and hold the S&P long term. But, if you want to include some international, that is fine. However, I do not recommend holding ANY bonds in a retirement account where your investment horizon is decades. Cheers!

[@narutobroken]

VTSAX gang 😜

[@JakeBroe]

Haha, VTSAX is a juggernaut!

[@bangbangninergang5133]

How about SWTSX? I have a tsp also 80/20 c and s. Do i need international with SWTSX like a SWISX in a Roth

[@JakeBroe]

You can! Professional advisors will tell you to invest something in international stocks. I personally do not because American companies are so dominant around the world right now. Facebook, Apple, Microsoft, Google, Netflix are all global brands. So I feel like I am still getting international exposure from just the US total stock market index.

[@69FOSTER]

Curious, why do you recommend reinvesting dividends and capital gains instead of taking the cash? Glad I found this channel!

[@BestCBDCenter]

To grow your portfolio faster

[@jacquelineyun5741]

When looking at each index fund of s&p 500 (vang, CS and fidelity) and if top 10 companies is more likely same then why the fund price is so different? Just curious.

[@JakeBroe]

Hey yun! I am not sure what you mean by fund price? You mean the expense ratio? Or the actual share price?

[@whoofit]

I don't mind paying high fees if the performance justifies them. Think T.Rowe.

[@JakeBroe]

Hey Stephen! I don't know much about T. Rowe. I'll have to look in to them!

[@anibelcolonescalera5452]

Are mutual funds for everyone? If I have low investment income is it and options for me? If for example I only have about $100 to invest per month!.

[@JakeBroe]

Hey Anibel! Absolutely! Mutual funds are for everyone. Investing just $100 a month for several years will really add up the more time you give it. Never too late and never too little to start saving and investing!

[@troymaye3417]

I’m looking to invest 10,000 dollars into something I don’t really have to worry about. Is dumping this amount of money into mutual funds a good idea? If so, which mutual funds would you put it into.

[@JakeBroe]

Hey Troy! If you are looking to put $10,000 in to something and hold it long term (5+ years), then I absolutely recommend mutual funds. The S&P 500 mutual fund over the long run averages 9.8% a year. If you bank with Schwab and want to buy their fund, it is SWPPX.

[@003kxe]

Does Schwab allow autoinvesting from a non schwab checking account?

[@JakeBroe]

Hey Kyle! Yes, they do. You can link any checking account.

[@toddalquist3391]

Currently rocking 70% SWTSX, 15% VO, 15% VB ! I like VO & VB to offset how SWTSX is heavily weighted towards large/giant cap

[@JakeBroe]

Hey Brain! That makes sense! You essentially just reduced your exposure to the largest cap stocks by doubling up on the rest of the S&P. A sensible game plan!

[@judithanthony]

I just opened a brokerage account with Charles Scwab. A beginner, so still learning. This was very helpful! Simple yet straight to the point explanation! :)

[@JakeBroe]

Thanks for watching Judith! Best of luck to you with your investments!

[@MillaySays]

thank you! i agree.

[@JakeBroe]

Thanks for the comment M Mal! Cheers!

[@MillaySays]

@@JakeBroe do you think you could ever do a video on Charles Schwab Stock Slice? I find they give investors an opportunity to get into value stocks at a fraction, but maybe I could be wrong about this.

[@JakeBroe]

@@MillaySays yep! I made this video already. Check it out! kzbin.info/www/bejne/gWHKiZiug62VY9U

[@FlintIronstag23]

While I agree That Schwab actively managed funds aren't very good, they offer several thousand other mutual funds that are fee free. Using the Schwab Fund Screener, you can filter out all the funds that aren't Morningstar 5 Star top performers. From there you can see which ones look like the best of the best. Almost of my funds with Schwab are actively managed funds that have beaten their respective indices over the last 5-10+ years. Since they are in IRAs, I don't worry about the possible tax disadvantages.

[@JakeBroe]

Hey Flint! I haven't really looked in to ALL the possible mutual funds from other banks you can buy with your Schwab account. I would just assume Schwab would charge a hefty to fee on all those purchases to discourage people from buying their competitors mutual funds. I'll check out the screener!

[@FlintIronstag23]

@@JakeBroe They wave the purchase fee and any front load on around 4,000 OneSource funds. They will charge a $50 fee if you try to sell them before holding them 90 days though. Vanguard and Fidelity funds are not free since they are two of Schwab's biggest competitors.

[@DS-nu4lz]

Any in particular you would recommend?

[@FlintIronstag23]

@@DS-nu4lz Four fee free funds that I'm invested in that have been doing well: Small Cap: ARTSX Mid Cap: BMGAX Large Cap: FKDNX International: PWJZX Unfortunately I'm maxed out on my 2020 IRA contributions. MSEGX, MACGX, DFCIX, and DBMAX are on my watchlist. I may have to sell some of my existing mutual funds to buy them, but not the four I listed above.

[@StanHasselback]

Excellent explanation and presentation. I've been doing something similar for the last few years with automatic withholds and dollar income averaging. Currently I've come into a little money from an inheritance. I'm trying to decide with the market near an all time highs how to move this into my accounts? I'm older and nearing retirement although I probably don't need to touch any of these funds for at least 5 years. You can't time the market but it is near all time highs? Don't worry my decisions are always my own I never blame anyone for actions I decide to take.. I'm thinking either dump it all in or increase my monthly purchases. Any thoughts?

[@JakeBroe]

Hey Stan! I don't know how much you have recently acquired in inheritance. But I would probably dollar cost average in to the market with it 10% each month over the next 10 months. If there is any kind of flash crash and the market loses over 10/20%, then I would probably move it all in. You are right we are at all time highs, but in the long run it doesn't matter. Time in the market always beats timing the market on a long enough investing horizon. Good luck!

[@StanHasselback]

@@JakeBroe Thanks Jake. It's not enough to quit my day job but everything adds up after awhile. I do keep some powder dry in a Vanguard money market account and when the S&P 500 drops below the the 200 day moving average I increase my monthly deposit a little in VTSAX. So far that seems to have a 1 to 2 percent yearly increase in my return. I may just be getting lucky or my calculations may be off. Since it's the end of the year a video on how you do your rebalancing might be interesting. Glad I found your channel this year, I hope you have a Merry Christmas and a Happy (and prosperous) New Year.

[@JakeBroe]

@@StanHasselback , yep! I have a couple videos planned coming soon on big moves I will be making with my investment accounts. Today's video will be my last on a military finance topic and in 2021 I will be going deep on various investing topics. Thanks for following me!

[@jonb3189]

After the market drops, am taking a serious look at ARKK (Yea not Schwab, I know). Going in this market at this time is a fools game IMO.

[@JakeBroe]

Hey Jon! I think there will be lots of ups and downs the next couple months, but I don't see another massive drop in the markets occurring (like March). Investors are just flooded with cheap cash as interest rates are zero and there is nowhere for the money to go. But who knows! Good luck!

[@RespectfullyCurious]

I run a Vanguard + ARK combo. Good choice.

[@jonb3189]

​@@JakeBroe Check. Your guess as good as mine. To me, w/ all these Republicans w/ Covid, estimated 400,000 Americans dead by January, and 'stand back stand by' I have zero confidence. Now just got a pre-approved mortgage letter. However, my mortgage lender told me this: "We and all other lenders have record levels of loans in process. We have staff that has not taken any vacation all year and will need to start taking time off or will lose it." If you get that key to the alternative universe, please leave the door open for me.

[@tpsu129]

Vanguard is incompetent. They cost me about $20,000 in 2016. I will NEVER do business with them AGAIN.