Originally Posted by RyFo18
I only actively manage about 15% of it. My Roth IRA I just send quarterly contributions to, and it's a preset mix of different allocations that money will go to. My 401K I barely even look at besides once year.
As far as stocks, that is the 15% I manage. I just set aside a certain amount of money per check that I get into my Schwab account. Once I hit a certain threshold, I will invest in a new stock. With an $8.95 fee everytime I buy or sell a stock, I make sure that this fee is <1% of my investment.
I would like to do that, but more around the 10% range. I've been looking into online brokers. Any reason you particularly like Schwab?
It sounds better than a casino, imo.