I use both Fidelity and Schwab. In my opinion, I lean more toward Fidelity for my investments. I feel like it's more user-friendly and easier to navigate. However, I use Schwab for the tools and for more in-depth analysis.
When you say you use Schwab for tools - do you mean for research on certain stocks / ETFs? I'm assuming yes since you lean more towards Fidelity for investments? Just curious what you're using for any portfolio tools (performance, etc)?
I use fidelity and it is super easy to use and and has great customer service I also like the fact that they have index fund with zero fees when you sell.
Do you use their portfolio / performance tools at all? How do you like them? I've been looking around but since my account is so new and I don't have hardly any positions it's not very useful for me right now
@@mattderron there portfolio is pretty good but they definitely don’t have some niche features that other portfolios have I think you would enjoy fidelity but for filming videos it’s probably not the best but there mobile app is really good
@@mattderronthere portfolio analysis is probably not best for your TH-cam videos but there mobile app is very good I’ve used qualtrim by Joseph Carlson to review my portfolio and I like that
Investing based on short turn "rotations" are short-term focused, it's a form of timing the market. The financial TV shows have to find something to talk about every day and every hour, and short-term events come in handy for them. Election and interest rate are just noises.
I moved to Fidelity from M1. I never looked back afterwards… I like Chase but they were not able to provide me fractional shares back then. Fidelity pays dividends faster
Matt, I have both Schwab and Fidelity. ETFs at Schwab and stocks at Fidelity. I'm happy with both. I have both because I like to diversify my holdings and brokers.
Would love to hear about your perspective on real estate. Not something you actively invest in, prefer REITs, single-family rental empire, commercial, syndication deals/multi family?
I'll start with the fact that I'm not very knowledgeable in real estate other than my own personal residential experience. I also prefer REITs for exposure to real estate, I wouldn't ever want to be a landlord or deal with the physical property, even if it could get me better returns. I think REITs are great for RE exposure. That being said, my knowledge of it is limited to basics like "when rates are up they tend to struggle since cost to borrow/expand goes and and interest cost for debt on the books potentially goes up. In terms of RE sectors, again...very limited knowledge from me. It's basically just what I learn from reading 10ks or strategy slides from specific companies (O, PSA, SPG, etc). I've shied away from REITs up to this point because I was focused on qualified dividend payers and thought there were better opportunities - but part of it is also that I don't feel as confident in researching them and picking them compared to more traditional businesses, based on my personal experience. Sorry that was a very long way to say "I don't know" and probably doesn't help. 😂
Buying more every two weeks according to which ETFs in my portfolio are most undervalued or most skewed from their allocation targets. However, if we keep heading south, I will reduce my heavier-than-usual cash position and buy the dip! With rate cuts being on the horizon and Trump tax cuts looking likely over the next four years, there are a lot of tailwinds ahead. I wouldn’t bet against the market for long, personally! I took the 1% bonus Robinhood was offering to switch brokerages. I can verify the bonus hit as soon as the accounts transferred. Wouldn’t recommended for high volume active trading, but for passive investing it’s great and light options trading is no problem. Customer service has gotten much better as well.
That's cool, I've used Robinhood in the past just to try it out but it's not for me. The interface doesn't work with my brain, I'm probably too old for it lol. Plus, they don't have all the account types I need anyway, so it doesn't matter. Glad you're able to take advantage of their promotions though, I'm curious to see how all that turns out for them. I know they are getting a lot of people transferring over, so hopefully their business model is sustainable however they designed it. Agreed on tailwinds, even though people keep saying the market is too high I don't expect it to be down for very long.
@@mattderron agree completely man. The interface is not even close to a professional trading platform like E-Trade, Interactive Brokers or TOS. But I’m doing less trading and more buy and hold now anyway, so it’s no big deal for the next couple years. I’ll switch back once the lock up period is over. I have my Solo 401K with E-Trade still. I’ll likely go back there as long as they have competitive transfer incentives. Robinhood is making their money through stock lending (similar to M1). You’re opted in by default and have to opt out manually if you don’t want to participate. They’re making a lot more than 1% on lending than the 1% bonus they’re paying on most accounts because the average RH investor either doesn’t know any better or is happy to opt in.
thanks for the insight Matt...much appreciated...interesting time of the year for sure.....I am sitting tight right now after a few portfolio adjustments....
@@mattderron finally took small positions in NVDA and CMG after stock splits..like the financials and growth stories of both...took positions in REIT ETF and Small Cap ETF...figured I can get coverage of those markets via ETF vs. adding additional individual stocks that I have to track...rates will come down regardless of who gets into Oval office and that is benefit to both of those markets...kept other holdings I had....large caps, strong balance sheets and dividend earnings..
I think sitting tight could be a smart play. I think rate cuts will make the market take a bullish run, look at Oct ‘23 through Feb’24. The election is the wild card to me, idk how the market is gonna react. Then there’s the Geopolitical angle, which can heavily sway NVDA, AAPL, and other companies tied to China/Taiwan. I’m gonna sight tight and watch things unfold. Which is hard to do, especially if some of my favorite stonks fall to a wonderful price.
Solid video, fun topics to consider. I am a cautious investor and I think watching the market until Sept/Nov might be the smart play. IF the Fed cuts the rate the market will probably be bullish, look at how the market reacted to the Fed announcement at the end of Oct in 2023. The election is the wild card to me. Pair that with how Americas relationship will be with China/Taiwan during that time. I disagree with the guy at @4:24 - he’s on TV, and I’m not so consider that. But I think earnings won’t hold a candle to investors reacting to rate cuts and/or the election results. People will overreact and the volatility in the market will start. Earnings matter to long term, level-headed investors that pay attention to those numbers. For me personally, I’m going to wait. And hope I’m not missing the bus. The market could go on a strong bull run, but I gotta invest the best/smartest way I can for me. Keep stacking wins. Peace. 😎✌️
Agreed, for me I'll be watching earnings and let that determine if my stocks are doing what I expect. But I think they'll be a ton of volatility as well
I have everything with Schwab, almost. Lol. I personally love it so far. With us just starting in retirement this year Schwab has been nice with there debit card. No ATM fees or foreign transaction fees.
Hi Matt, I can't wait to see the earning on our stocks. I am not sure what kind of disaster a trump 2.0 might bring to the world in general. For the investment file, my plan at this point is just to keep the stocks and ETFs we have and if the market plummets buy and if the market goes crazy just hold. My "theory" is that if the market goes crazy it will be like a dumpster fire and then quiet down, if it plummets it will recover in time. Either way, I think the international market (I am invested via Footsie) will react quite differently than the USA market. I am in Canada so our portfolios are held in a Bank (CIBC) offering very minimal services but free.
@@mattderron From what I could find, it is Blackrock's Cover Call Income ETF. (I could be wrong) I like it as a small income position that could help. Thank you!
No such thing as how to approach stocks in certain year. Macro does not matter. Stock should just be view as partial ownership of business. Like Peter Lynch said, if you take flavor of the day approach to stock, you will get mediocre results.
I have accounts with both Schwab and Fidelity. I like the fact that Fidelity gives me over 2% when I park my cash there. This prompts me to make investments there more often, especially during market dips. .
I separate peoples personalities from the president and pick who I think will do a better job. Being "Nice" doesn't mean a country will be run well. As to what the economy will do? I don't care other than I'll just keep investing in assets, since they'll usually rise in value while every day items generally just get more expensive overtime 🤷. I just think trying to predict is also somewhat worthless. I mean my gosh the stock market earlier this week dipped hard out of tech due to some comments on the Taiwan situation. The reality is if you just think logically we will need semiconductors regardless of presidents so freaking out and selling out of those positions I find to be a questionable move. (In any case people should do there own research and if needed hire an advisor)
To be fair it's only with the one unique account type which is probably one of those "we don't have the UI developed to take your contribution digitally and store your legally required data with the transaction" but still...it's annoying lol
I use Fidelity, I'm a huge fan.
I have used Fidenlity for my 401k/IRA since 2001. very good.
I use both Fidelity and Schwab. In my opinion, I lean more toward Fidelity for my investments. I feel like it's more user-friendly and easier to navigate. However, I use Schwab for the tools and for more in-depth analysis.
When you say you use Schwab for tools - do you mean for research on certain stocks / ETFs? I'm assuming yes since you lean more towards Fidelity for investments? Just curious what you're using for any portfolio tools (performance, etc)?
Can a Robinhood account be switched over to an existing Fidelity account?
Pretty sure the answer is yes if you do an asset transfer, assuming the accounts are of the same type
I use fidelity and it is super easy to use and and has great customer service I also like the fact that they have index fund with zero fees when you sell.
Do you use their portfolio / performance tools at all? How do you like them? I've been looking around but since my account is so new and I don't have hardly any positions it's not very useful for me right now
@@mattderron there portfolio is pretty good but they definitely don’t have some niche features that other portfolios have I think you would enjoy fidelity but for filming videos it’s probably not the best but there mobile app is really good
@@mattderronthere portfolio analysis is probably not best for your TH-cam videos but there mobile app is very good I’ve used qualtrim by Joseph Carlson to review my portfolio and I like that
Investing based on short turn "rotations" are short-term focused, it's a form of timing the market. The financial TV shows have to find something to talk about every day and every hour, and short-term events come in handy for them. Election and interest rate are just noises.
I use fidelity and I have zero complaints! Sophisticated yet presented simply. Love it.
Awesome!
I moved to Fidelity from M1. I never looked back afterwards… I like Chase but they were not able to provide me fractional shares back then.
Fidelity pays dividends faster
Matt, I have both Schwab and Fidelity. ETFs at Schwab and stocks at Fidelity. I'm happy with both. I have both because I like to diversify my holdings and brokers.
Would love to hear about your perspective on real estate. Not something you actively invest in, prefer REITs, single-family rental empire, commercial, syndication deals/multi family?
I'll start with the fact that I'm not very knowledgeable in real estate other than my own personal residential experience. I also prefer REITs for exposure to real estate, I wouldn't ever want to be a landlord or deal with the physical property, even if it could get me better returns. I think REITs are great for RE exposure.
That being said, my knowledge of it is limited to basics like "when rates are up they tend to struggle since cost to borrow/expand goes and and interest cost for debt on the books potentially goes up. In terms of RE sectors, again...very limited knowledge from me. It's basically just what I learn from reading 10ks or strategy slides from specific companies (O, PSA, SPG, etc).
I've shied away from REITs up to this point because I was focused on qualified dividend payers and thought there were better opportunities - but part of it is also that I don't feel as confident in researching them and picking them compared to more traditional businesses, based on my personal experience.
Sorry that was a very long way to say "I don't know" and probably doesn't help. 😂
Buying more every two weeks according to which ETFs in my portfolio are most undervalued or most skewed from their allocation targets. However, if we keep heading south, I will reduce my heavier-than-usual cash position and buy the dip!
With rate cuts being on the horizon and Trump tax cuts looking likely over the next four years, there are a lot of tailwinds ahead. I wouldn’t bet against the market for long, personally!
I took the 1% bonus Robinhood was offering to switch brokerages. I can verify the bonus hit as soon as the accounts transferred. Wouldn’t recommended for high volume active trading, but for passive investing it’s great and light options trading is no problem. Customer service has gotten much better as well.
That's cool, I've used Robinhood in the past just to try it out but it's not for me. The interface doesn't work with my brain, I'm probably too old for it lol. Plus, they don't have all the account types I need anyway, so it doesn't matter.
Glad you're able to take advantage of their promotions though, I'm curious to see how all that turns out for them. I know they are getting a lot of people transferring over, so hopefully their business model is sustainable however they designed it.
Agreed on tailwinds, even though people keep saying the market is too high I don't expect it to be down for very long.
@@mattderron agree completely man. The interface is not even close to a professional trading platform like E-Trade, Interactive Brokers or TOS. But I’m doing less trading and more buy and hold now anyway, so it’s no big deal for the next couple years. I’ll switch back once the lock up period is over.
I have my Solo 401K with E-Trade still. I’ll likely go back there as long as they have competitive transfer incentives.
Robinhood is making their money through stock lending (similar to M1). You’re opted in by default and have to opt out manually if you don’t want to participate. They’re making a lot more than 1% on lending than the 1% bonus they’re paying on most accounts because the average RH investor either doesn’t know any better or is happy to opt in.
Like first, then watch :)
Nice!
💯%
thanks for the insight Matt...much appreciated...interesting time of the year for sure.....I am sitting tight right now after a few portfolio adjustments....
Nice! What kind of adjustments did you make (if you don't mind sharing)?
@@mattderron finally took small positions in NVDA and CMG after stock splits..like the financials and growth stories of both...took positions in REIT ETF and Small Cap ETF...figured I can get coverage of those markets via ETF vs. adding additional individual stocks that I have to track...rates will come down regardless of who gets into Oval office and that is benefit to both of those markets...kept other holdings I had....large caps, strong balance sheets and dividend earnings..
Awesome, love it!
I think sitting tight could be a smart play. I think rate cuts will make the market take a bullish run, look at Oct ‘23 through Feb’24. The election is the wild card to me, idk how the market is gonna react. Then there’s the Geopolitical angle, which can heavily sway NVDA, AAPL, and other companies tied to China/Taiwan.
I’m gonna sight tight and watch things unfold. Which is hard to do, especially if some of my favorite stonks fall to a wonderful price.
@@december25guy well said and I share same thoughts...
i use robinhood and I like it
Solid video, fun topics to consider. I am a cautious investor and I think watching the market until Sept/Nov might be the smart play. IF the Fed cuts the rate the market will probably be bullish, look at how the market reacted to the Fed announcement at the end of Oct in 2023.
The election is the wild card to me. Pair that with how Americas relationship will be with China/Taiwan during that time.
I disagree with the guy at @4:24 - he’s on TV, and I’m not so consider that. But I think earnings won’t hold a candle to investors reacting to rate cuts and/or the election results. People will overreact and the volatility in the market will start. Earnings matter to long term, level-headed investors that pay attention to those numbers.
For me personally, I’m going to wait. And hope I’m not missing the bus. The market could go on a strong bull run, but I gotta invest the best/smartest way I can for me. Keep stacking wins. Peace. 😎✌️
Agreed, for me I'll be watching earnings and let that determine if my stocks are doing what I expect. But I think they'll be a ton of volatility as well
Fidelity is great!
I have all my accounts with Fidelity
I have everything with Schwab, almost. Lol. I personally love it so far. With us just starting in retirement this year Schwab has been nice with there debit card. No ATM fees or foreign transaction fees.
Their banking product is pretty good for sure
Fidelity for me, I find it easier to navigate than Schwab.
Hi Matt, I can't wait to see the earning on our stocks. I am not sure what kind of disaster a trump 2.0 might bring to the world in general. For the investment file, my plan at this point is just to keep the stocks and ETFs we have and if the market plummets buy and if the market goes crazy just hold. My "theory" is that if the market goes crazy it will be like a dumpster fire and then quiet down, if it plummets it will recover in time. Either way, I think the international market (I am invested via Footsie) will react quite differently than the USA market.
I am in Canada so our portfolios are held in a Bank (CIBC) offering very minimal services but free.
Can you review IVVW? Thank you love the content!
Thank you, I can put it on the list, but I've never heard of it at this point. Is there something you like about it?
@@mattderron From what I could find, it is Blackrock's Cover Call Income ETF. (I could be wrong) I like it as a small income position that could help. Thank you!
Fidelity is wonderful for me
No such thing as how to approach stocks in certain year. Macro does not matter. Stock should just be view as partial ownership of business. Like Peter Lynch said, if you take flavor of the day approach to stock, you will get mediocre results.
Think or swim for the win
Hey Matt, are you open to collaborations rn??
Great video
Thank you!
I have accounts with both Schwab and Fidelity. I like the fact that Fidelity gives me over 2% when I park my cash there. This prompts me to make investments there more often, especially during market dips. .
For sure the cash yield / automatic sweep is nice
Open a fidelity Bloom account and park your money there, it pays 4.97% +_. Immediate transfer to brokerage account for trades.
I use fidelity
I separate peoples personalities from the president and pick who I think will do a better job. Being "Nice" doesn't mean a country will be run well. As to what the economy will do? I don't care other than I'll just keep investing in assets, since they'll usually rise in value while every day items generally just get more expensive overtime 🤷. I just think trying to predict is also somewhat worthless. I mean my gosh the stock market earlier this week dipped hard out of tech due to some comments on the Taiwan situation. The reality is if you just think logically we will need semiconductors regardless of presidents so freaking out and selling out of those positions I find to be a questionable move. (In any case people should do there own research and if needed hire an advisor)
I do the same, personality isn't a big factor to me. Similar to "valuation" - I'll look at it, but it's not my primary consideration 😂
M1 finance is perfect for you
Doesn't look like they have HSAs or small business 401ks though?
A cheque?? They still use cheques?? Wtf!! I haven't used cheques in about 20 years. You definitely need a new broker.
To be fair it's only with the one unique account type which is probably one of those "we don't have the UI developed to take your contribution digitally and store your legally required data with the transaction" but still...it's annoying lol
Maybe Google should buy Crowdstrike now lol
lol I missed this 😂
If the market survived WWII, it can survive WWIII.
Wtf fake ass news at 9:42, PANW has 6.2B in Annual Revenue 😤
Hmmm, yeah I'm not sure what that's about 🤷🏻♂️
@@mattderron 🤷♂️
Schwab hasn’t done me wrong
Was waiting for someone to chime in that they liked Schwab lol It's been pretty one-sided so far
@@mattderron Yea I saw that haha fidelity is nice too but Schwab does literally the same thing if not better
@@prodigygetgud7921their UI just feels really ugly to look at maybe it’s a good thing idk
IBKR, accept no substitute.
Best I could tell they don’t have HSAs or Small Business 401ks though
@@mattderron you can't do much fun stuff with those account types anyway.
first
Mommy get your cookie 🍪
As a 1000000% anti Melanias husband I’m hoping this is not true..