FREE ETF's : Low cost US-PP

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frugal
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FREE ETF's : Low cost US-PP

Post by frugal »

Hi,

on which brokers can we make a US-PP (Harry Browne type) without paying any commissions?

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Re: FREE ETF's : Low cost US-PP

Post by dualstow »

In Vanguard, I pay no fees to trade their own ETFs, so EDV (zeroes), and VOO(S&P 500) or its mutual fund equivalents, VFINX/VFIAX.
I do pay to trade gold and SHY, though. Real treasuries trade for free.

In Fidelity, I pay for all trades except treasuries.
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ozzy
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Re: FREE ETF's : Low cost US-PP

Post by ozzy »

With Fidelity I use these commission-free funds:

ITOT  (S&P Total U.S. Stock Market) STOCK MARKET
FSBIX (Fidelity Spartan treasuries) CASH
TLT  (20+ Year Treasury Bond) BONDS
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Re: FREE ETF's : Low cost US-PP

Post by Pointedstick »

Schwab lets you make a totally commission-free portfolio in the following manner:

Stocks: SCHB
Bonds: TLO or individual bonds
Gold: SGOL
Cash: SCHO or individual bonds
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WildAboutHarry
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Re: FREE ETF's : Low cost US-PP

Post by WildAboutHarry »

TD Ameritrade has a selection of commission-free ETFs (VTI, TLT, etc.).
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Re: FREE ETF's : Low cost US-PP

Post by dualstow »

ozzy wrote: With Fidelity I use these commission-free funds:
...
TLT  (20+ Year Treasury Bond) BONDS
You trade TLT commission-free at Fido? I pay $7.95 per trade there. Maybe that is out of date, though. I haven't bought or sold it for a long while.
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Re: FREE ETF's : Low cost US-PP

Post by WhiteDesert »

dualstow wrote:
ozzy wrote: With Fidelity I use these commission-free funds:
...
TLT  (20+ Year Treasury Bond) BONDS
You trade TLT commission-free at Fido? I pay $7.95 per trade there. Maybe that is out of date, though. I haven't bought or sold it for a long while.
Fidelity now permits trading both TLT and SHY without commission.

https://www.fidelity.com/etfs/ishares

The list includes several funds that could be used for the stock component well enough, so you could easily build a four ETF PP at Fidelity where three of the four components trade for no commission. I suppose I should explore that option and possibly replace VTI.

-WD
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Re: FREE ETF's : Low cost US-PP

Post by dualstow »

ah, it's all coming back to me now.
I think we had an iShares thread when this was made official.
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Re: FREE ETF's : Low cost US-PP

Post by clacy »

You can pretty much invest in the PP pretty much commission free at the following:

TDameritrade
Vanguard
Scottrade
Schwab

Most of those have one market or so that you do have to pay commissions for, but for the most part any of these US brokers will work well for the PP.
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Re: FREE ETF's : Low cost US-PP

Post by Pointedstick »

clacy wrote: You can pretty much invest in the PP pretty much commission free at the following:

TDameritrade
Vanguard
Scottrade
Schwab
I would strike Scottrade and replace it with Fidelity. Scottrade's assortment of commission-free ETFs was always rather paltry and it looks like they've recently gotten rid of their program entirely.
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Re: FREE ETF's : Low cost US-PP

Post by frugal »

Pointedstick wrote: Schwab lets you make a totally commission-free portfolio in the following manner:

Stocks: SCHB
Bonds: TLO or individual bonds
Gold: SGOL
Cash: SCHO or individual bonds
Schwab is the only one that has the 4 assets for free, correct?

Is it Schwab the right choice?


Tks
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Re: FREE ETF's : Low cost US-PP

Post by Xan »

You've asked this question frequently for a long time.  Have you been avoiding the PP for all these months/years holding out for the perfect broker?  Just bite the bullet and pick one.  Did you realize that you can switch brokers quite easily at any time?
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Re: FREE ETF's : Low cost US-PP

Post by clacy »

Pointedstick wrote:
clacy wrote: You can pretty much invest in the PP pretty much commission free at the following:

TDameritrade
Vanguard
Scottrade
Schwab
I would strike Scottrade and replace it with Fidelity. Scottrade's assortment of commission-free ETFs was always rather paltry and it looks like they've recently gotten rid of their program entirely.
I have accounts with Scottrade, Vanguard and TDameritrade, and I really tend to like Scottrade the best.  They don't have free ETF trades, but they have thousands of commission free mutual funds.  I also do a fair amount of trading in my VP (half of my assets) and they have reasonable commissions for trading ETF's and stocks ($7). 
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Re: FREE ETF's : Low cost US-PP

Post by frugal »

Xan wrote: You've asked this question frequently for a long time.  Have you been avoiding the PP for all these months/years holding out for the perfect broker?  Just bite the bullet and pick one.  Did you realize that you can switch brokers quite easily at any time?
I do have a EUPP
This will be my foreign account
How do you easily change broker?

tks
clacy wrote:
Pointedstick wrote:
clacy wrote: You can pretty much invest in the PP pretty much commission free at the following:

TDameritrade
Vanguard
Scottrade
Schwab
I would strike Scottrade and replace it with Fidelity. Scottrade's assortment of commission-free ETFs was always rather paltry and it looks like they've recently gotten rid of their program entirely.
I have accounts with Scottrade, Vanguard and TDameritrade, and I really tend to like Scottrade the best.  They don't have free ETF trades, but they have thousands of commission free mutual funds.  I also do a fair amount of trading in my VP (half of my assets) and they have reasonable commissions for trading ETF's and stocks ($7). 
thank you
at the end they will all be similar I guess
I'm looking for passive investing, but one day active investing may come, if i find a system :)
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Re: FREE ETF's : Low cost US-PP

Post by Pointedstick »

frugal wrote:
Xan wrote: You've asked this question frequently for a long time.  Have you been avoiding the PP for all these months/years holding out for the perfect broker?  Just bite the bullet and pick one.  Did you realize that you can switch brokers quite easily at any time?
I do have a EUPP
This will be my foreign account
How do you easily change broker?
By opening an account at the new brokerage and initiating an ACH transfer of the funds from the old one to the new one. Easy as pie.
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
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Re: FREE ETF's : Low cost US-PP

Post by frugal »

SCHWAB as a VISA CARD that I can use in EUROPE

a broker with possibility to pay bills is NEW for me !

Fantastic feature, instead of withdraw we can spend brokers acc money with VISA card.

Did you know?
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frugal
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Re: FREE ETF's : Low cost US-PP

Post by frugal »

MangoMan wrote:
frugal wrote: SCHWAB as a VISA CARD that I can use in EUROPE

a broker with possibility to pay bills is NEW for me !

Fantastic feature, instead of withdraw we can spend brokers acc money with VISA card.

Did you know?
They have had this feature for a long time. The best part for you is that there are NO foreign transaction fees, which is not a common feature of US bank cards.
;)

yes Schwab has free ETFs and FREE VISA CARD !

for now can't find better
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Re: FREE ETF's : Low cost US-PP

Post by foglifter »

frugal wrote:
MangoMan wrote:
frugal wrote: SCHWAB as a VISA CARD that I can use in EUROPE

a broker with possibility to pay bills is NEW for me !

Fantastic feature, instead of withdraw we can spend brokers acc money with VISA card.

Did you know?
They have had this feature for a long time. The best part for you is that there are NO foreign transaction fees, which is not a common feature of US bank cards.
;)

yes Schwab has free ETFs and FREE VISA CARD !

for now can't find better
Fidelity Cash management account offers free Visa debit card, free checks, free ATM withdrawals (ALL ATM fees are automatically reimbursed), free billpay, FDIC-insured core account. The mobile deposit app is terrific.

Also, Fidelity offers Amex credit card with unlimited 2% cashback to ANY Fidelity account.
"Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep in reserve."
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Re: FREE ETF's : Low cost US-PP

Post by frugal »

foglifter wrote:
frugal wrote:
MangoMan wrote: They have had this feature for a long time. The best part for you is that there are NO foreign transaction fees, which is not a common feature of US bank cards.
;)

yes Schwab has free ETFs and FREE VISA CARD !

for now can't find better
Fidelity Cash management account offers free Visa debit card, free checks, free ATM withdrawals (ALL ATM fees are automatically reimbursed), free billpay, FDIC-insured core account. The mobile deposit app is terrific.

Also, Fidelity offers Amex credit card with unlimited 2% cashback to ANY Fidelity account.
hi

yes I need VISA debit card to spend in EUROPE the possible profits of US-PP
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Re: FREE ETF's : Low cost US-PP

Post by foglifter »

frugal wrote:
foglifter wrote:
frugal wrote: ;)

yes Schwab has free ETFs and FREE VISA CARD !

for now can't find better
Fidelity Cash management account offers free Visa debit card, free checks, free ATM withdrawals (ALL ATM fees are automatically reimbursed), free billpay, FDIC-insured core account. The mobile deposit app is terrific.

Also, Fidelity offers Amex credit card with unlimited 2% cashback to ANY Fidelity account.
hi

yes I need VISA debit card to spend in EUROPE the possible profits of US-PP
Oops, I missed the Europe part. ???
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Re: FREE ETF's : Low cost US-PP

Post by frugal »

But they told me that it works in EUROPE without any fees :)
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Re: FREE ETF's : Low cost US-PP

Post by babysquirrel »

Merrill Lynch has a credit card and offers 30 free ETF trades per month as long as you keep 50K+ balance.
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Re: FREE ETF's : Low cost US-PP

Post by escafandro »

frugal wrote: But they told me that it works in EUROPE without any fees :)
Can you put a link to this information?
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Re: FREE ETF's : Low cost US-PP

Post by frugal »

escafandro wrote:
frugal wrote: But they told me that it works in EUROPE without any fees :)
Can you put a link to this information?
email them pls
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