Quote:
Originally Posted by Dunit35
I don’t have a lot of money in my Charles Schwab account but noticed I’m down 3% for the year on SWISX international index. Should I stop putting money into it? I’m up 13% on SWTSX total stock market. I don’t know a thing about this stuff and have a much better police retirement I pour money into.
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I dunno what your allocation is, but if SWISX is the only equity in the account, I'd pick a different one.
Everybody with a CFA designation suggests diversification into international funds, but every time I look into historic returns, I don't see it. I'd need a pretty compelling reason to look outside the US. There are a lot of profoundly boring stuff I'd love to discuss, but don't want to derail the discussion.
Again, if that's you're only equity in the account I'd look at a total market fund like DaFace posted.
If you're leaning on your pension to fund your retirement, I'd probably reach out and put in a growth fund like SCHG.
I'm partial to the S&P Index funds for a workhorse in a portfolio. Schwabs is SWPPX. I use VOO because the fees are a teensy bit cheaper, but the cost per share is pretty high and Schwab doesn't do fractional shares, so in your case I'd use SWPPX.