Go Back   CDN Business Directory > Main Category > Financial Planning

 
 
Thread Tools Display Modes
  #1  
Old 06-27-2007, 09:05 AM
Richard
Guest
 
Posts: n/a
Default Re: Fidelity Versus Schwab?

On Mon, 25 Jun 2007 19:19:10 -0500, "Mark Freeland"
<BnetOnewsX[at]sbcglobal.net> wrote:

- quote -

> "Richard" <rlewando[at]yahoo._dot_com> wrote in message
> news:m9h083lv8dofp8jqqkl99h2t99eprsb8vl[at]4ax.com...
> > Fidelity is a little better on the bond side as their minimums are
> > lower and yields appear to be a bit better.

> Is this still true? I know it was a year or two ago when I last checked,
> but Schwab just changed its pricing (again), so that their mark-up is lower
> than Fidelity's - this should result in better yields.
> http://www.aboutschwab.com/press/rel...ase_id=1014329
> (Schwab - $1 mark-up as of July 1?)
> http://personal.fidelity.com/product...nds.shtml.cvsr
> (Fidelity - $1.50 for munis, $2+ for corporates)
> Mark Freeland
> BnetOnewsX[at]sbcglobal.net


Thanks for the new info on Schwab. The commissions may be different
and changing and pricing may be different, but the bottom line net YTM
is what I check. My statement is based on what I see and buy over the
last few months for new offerings: CDs, Agency paper, corporate. I
think that if you check both sites you can always find an example of
what you say is correct. But in the end, I'm satisfied with my
choice. We'll see how they are on July 1.

 
Old 06-26-2007, 12:19 AM
Mark Freeland
Guest
 
Posts: n/a
Default Re: Fidelity Versus Schwab?

"Richard" <rlewando[at]yahoo._dot_com> wrote in message
news:m9h083lv8dofp8jqqkl99h2t99eprsb8vl[at]4ax.com...
- quote -

> Fidelity is a little better on the bond side as their minimums are
> lower and yields appear to be a bit better.


Is this still true? I know it was a year or two ago when I last checked,
but Schwab just changed its pricing (again), so that their mark-up is lower
than Fidelity's - this should result in better yields.

http://www.aboutschwab.com/press/rel...ase_id=1014329
(Schwab - $1 mark-up as of July 1?)

http://personal.fidelity.com/product...nds.shtml.cvsr
(Fidelity - $1.50 for munis, $2+ for corporates)

Mark Freeland
BnetOnewsX[at]sbcglobal.net

  #-1  
Old 06-25-2007, 11:21 PM
Richard
Guest
 
Posts: n/a
Default Re: Fidelity Versus Schwab?

On Mon, 25 Jun 2007 04:08:27 -0500, cineman74[at]gmail.com wrote:

- quote -

> Hi all,
> I'm looking for some advice. I'm looking to start up an IRA and it
> seems that the #1 and #2 for online brokers is Schwab and Fidelty,
> respectively, although it seems those two could even be flipped. I
> thought I would do some reasearch to make a choice between the two,
> but as a novice, I'm finding it hard to find some definitive sites
> that would compare both. I just want to figure out the layman's ins
> and outs and the important differences that exist. Both houses seem
> sort of neck in neck. Anyone here have a preference for one over the
> other or know a well-regarded site/source that would at least offer
> authoritative a review of both?
> Thanks in advance for your assistance,
> BL


I've got accounts at both.

Schwab's one stop shopping for mutual funds is much better than
Fidelity's with respect to fees, hold periods and back office. Some
load funds show up as no-load on Schwab. Trades show up early that
same evening.

For stocks they are the same.

Fidelity is a little better on the bond side as their minimums are
lower and yields appear to be a bit better. What Schwab posts as the
interest rate is available for only one offering, whereas Fidelity has
many at that rate.

So my preference is Schwab for equities, and Fidelity for bonds and
CDs.

Hope this helps

 

Tags
fidelity, schwab, versus
Similar Threads
Thread Forum Replies Last Post
Re: Fidelity Versus Schwab?
Ron Rosenfeld: On Mon, 25 Jun 2007 11:22:46 -0500, BreadWithSpam@fractious.net wrote: >Could you be a bit more specific about this? I recently >opened an...
Financial Planning 2 06-30-2007 10:21 AM
Re: Fidelity Versus Schwab?
Tad Borek: cineman74@gmail.com wrote: > I'm looking for some advice. I'm looking to start up an IRA and it > seems that the #1 and #2 for online brokers is...
Financial Planning 1 06-25-2007 11:20 PM
A plea from a financial novice-schwab or not to schwab
humblejohn@anonymous.to: My wife has a charles schwab custodian account which generates about $10m in fees for Charles. My problem is that once the asset classes are set up...
Financial Planning 1 05-27-2005 06:00 PM
Schwab fees
HW \Skip\ Weldon: I've heard rumblings that Scwab is increasing the fees to smallish investors. Does anyone have any specifics on this? -HW "Skip" Weldon...
Financial Planning 5 09-16-2003 12:52 PM



Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

All times are GMT. The time now is 09:32 AM.