Re:Schwab Removes U.S. Stock, ETF and Options Commissions
by SteveNuts on Wednesday October 02, 2019 @09:22PM
(#21142662)
I'm curious, do they have an option for automated/recurring investments? Like can I set an account to purchase an ETF on a schedule?
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Re:Schwab Removes U.S. Stock, ETF and Options Commissions
by hughes on Wednesday October 02, 2019 @09:31PM
(#21142707)
Short answer: Yes.
Long answer: You can set up automated transfers to your investing account. In order to set up automated investments, you must submit a paper form, which can trigger recurring purchases from your account's cash balance, or from direct deposit.
Re:Schwab Removes U.S. Stock, ETF and Options Commissions
by hrez on Thursday October 03, 2019 @02:32AM
(#21144314)
Peper form, really. Is there anybody else from big boys that would allow to define a basket of ETF's and auto-invest deposited money to it fee free? I know only of m1finance.com
For some reason nobody does that. Vanguard can sort of do it with mutual funds only.