Schwab Intelligent Portfolio Review: My 1-Year Results vs. Other Robo-Advisors [j3ivF9aagaD]
I'm reviewing Charles Schwab's Robo-Advisor called "Schwab Intelligent Portfolio" after funding one over a year ago. I'll also review some other options including Vanguard's Digital Advisor, Betterment, SoFi, and Wealthfront. tl;dr I like Schwab’s Intelligent Portfolio for its ease and diversification. In this video, you'll get a brief introduction to: •Get a brief introduction into automated investing or robo-advisors •Understand how they can be beneficial •Look at the pros and cons of Schwab's Intelligent Portfolio •Learn a few other robo-advisor options and what to consider when choosing one. If you're looking for a great book about personal finance, check out The Art of Spending Money by Morgan Housel. It's a must read wen it comes to framing up how we spend money. Link here: --- FTC DISCLOSURE --- I earn from qualifying purchases through the link. This helps support the channel at no extra cost to you. Chapters 0:00 Introduction: Schwab and other Robo-Advisors 00:32 What are robo-advisors and why can they be useful? 2:12 One consideration 3:01 Schwab Intelligent Portfolio introduction 3:21 How to answer the questionnaire 4:15 Schwab fees 4:35 Overview Schwab investments 5:45 Schwab ETF fees 6:20 Automated Rebalancing 6:44 Asset Allocation 7:40 Performance over the year 8:40 Recommendation 9:54 Other Robo-Advisors 11:20 Conclusion Reminder that you can achieve a simple, cost-effective Asset Allocation: US Equities (VTI) = 40% International Developed Equities (VEA) = 25% Emerging Market Equities (VWO) = 20% Inflation Hedge / Energy and Commodities (VDE) = 10% Deflation Hedge / Bonds (VGLT) = 5% Asset Allocation Video: Diversification Video: Remember that you'll need to use your brokerage account to purchase and hold these ETFs for you. Disclaimer: This video is for informational purposes only and should not be construed as financial advice. It's important to conduct thorough research or consult with a qualified financial advisor before making any investment decisions. The information provided in this video does not guarantee any specific financial outcomes. Past performance is not indicative of future results.