Viewing a single comment thread. View all comments

nothlit t1_jaerzkb wrote

Schwab charges a transaction fee to buy Vanguard mutual funds in a Schwab account.

You can avoid this by:

  • Only buying Vanguard mutual funds in a Vanguard account, or
  • Only buying Schwab mutual funds in a Schwab account (SWPPX is the Schwab equivalent of VFIAX), or
  • Buying commission-free ETFs in any account (VOO is the ETF equivalent of VFIAX)
2

cballowe t1_jaf0u5x wrote

Schwab has tons of no-load, no-fee mutual funds that aren't Schwab, none of them are vanguard. The mutual fund screener can help find them if you're looking for a particular strategy.

2