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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: temco2 who wrote (34300)	11/22/2024 10:42:07 PM
From: research1234	Read Replies (1) \| Respond to of 34328

Neither Fidelity nor Schwab charge fees for IRA maintenance.

To: temco2 who wrote (34300)	11/23/2024 9:49:04 AM
From: Logain Ablar	2 Recommendations Recommended By Sisyphus temco2 Read Replies (2) \| Respond to of 34328

Hi temco2: I'm at Schwab, it is less expensive than Merrill, both in straight fees plus ML has its own separate fund fees if you diversify into them that will be less then the Schwab fund fees. Not sure if I can help with diversification as I'm pretty much in equities although I'll be raising more cash into January. At Schwab I park my cash in SNSXX, their Treasury MM. Dividend stocks include: PBR/A, GUKYF, PTALF in the oil space. LUGDF & EDVMF in the gold mining space. No bonds or intermediate to long term bond funds as I don't think the risk is priced into the space considering our national debt and deficit. There are others on this thread who can steer you to some safer dividend paying stocks. Good luck, Tim

To: temco2 who wrote (34300)	11/23/2024 10:51:18 AM
From: E_K_S	2 Recommendations Recommended By Markbn temco2 Read Replies (1) \| Respond to of 34328

Always good to check what Vanguard offers as they are/have the lowest fees in the industry as well as the largest mutual fund holdings (in size). I too hold most of my retirement and taxable accounts w/ Schwab. I do maintain about 35% of my retirement accounts at Vanguard mainly using 3 of their mutual funds. I also have a Vanguard brokerage account where I can hold individual securities. I would say that Vanguard's managed mutual funds (Dividend Appreciation & Real Estate Index Fund ) have worked well for me. A balance of growth & dividend yield. Vanguard Dividend Appreciation Fund (VDADX) 5-Year Total Return: 12.5% annualized 2 3 . Current Annual Dividend Yield: 1.65% 3 . Vanguard Real Estate Index Fund (VGSLX) 5-Year Total Return: 11.9% annualized 4 . Current Annual Dividend Yield: 3.14% 4 . These funds are designed for investors seeking income through dividends and exposure to real estate, respectively.

To: temco2 who wrote (34300)	11/24/2024 10:49:53 AM
From: Thehammer	2 Recommendations Recommended By Kip S temco2 Read Replies (1) \| Respond to of 34328

A 401k is a different animal from an IRA although they functionally are similar. The fees for maintaining the 401k will not exist if you transfer it to an IRA at another firm. Some firms charge a fee for IRA accounts but often waive it for large accounts. They may have a host of other fees though for other services. Any EFT's or derivative investment within the IRA will charge a management fee for running the fund. Always good to understand this before you invest. Many brokerage firms will baby sit the process for transferring assets from a 401k to their IRA. The process is called ACATS. There are industry mandates on how quickly the old firm must deliver the assets to the new firm (I think 3 days) . Merrill may charge a fee for doing this, but the new firm may absorb it if you ask. You implied a self-directed IRA in that you decide the investments but there are also managed accounts were the firm will manage (or utilize an outside management company) to direct the investments. They definitely do charge a fee for this. Good luck!