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Re: Rebalancing YES, Schwabbery-Robbery NO
Posted: Tue Apr 30, 2013 3:33 pm
by frugal
rocketdog wrote:
frugal wrote:
For US-PP I think we can make free cost ETF portfolio in SCHWAB, right
You could get a free (no commission) PP at Schwab:
SCHO = Cash
SCHB = Stocks
SGOL = Gold
TLO = Bonds
Average expense ratio is 0.16%. If you wanted to add some foreign stock exposure, you could swap out some of the SCHB and replace it with SCHF.
rocketdog
rocketdog
rocketdog
what is the difference between this Schwab ETF's and the standard traditional HB-PP-US ETF's (SHY+VTI+TLT+GLD)?
tks
Re: Rebalancing YES, Schwabbery-Robbery NO
Posted: Thu May 02, 2013 3:53 pm
by rocketdog
frugal wrote:
rocketdog wrote:
frugal wrote:
For US-PP I think we can make free cost ETF portfolio in SCHWAB, right
You could get a free (no commission) PP at Schwab:
SCHO = Cash
SCHB = Stocks
SGOL = Gold
TLO = Bonds
Average expense ratio is 0.16%. If you wanted to add some foreign stock exposure, you could swap out some of the SCHB and replace it with SCHF.
what is the difference between this Schwab ETF's and the standard traditional HB-PP-US ETF's (SHY+VTI+TLT+GLD)?
No major differences, except that they're all commission-free at Schwab. I would only add a caution that TLO is
much more thinly traded than TLT, so if spreads are a concern then you might want to suck it up and pay the commission for TLT. TLO is probably also a bit less "pure" than TLT as far as the duration of their bond holdings. So consider that as well before deciding.
Re: Rebalancing YES, Schwabbery-Robbery NO
Posted: Thu May 02, 2013 4:02 pm
by Pointedstick
Schwab also lets you buy bonds with no overt commission in amounts as low as $1,000, so buying those instead of TLO or TLT is pretty easy, too, even for small portfolios. TDAmeritrade, by contrast, has a $5,000 minimum which makes it much harder to buy a few here and there over time unless your regular contributions are pretty huge.