Charles Schwab-Mutual Funds I just invested in!
Hello Wealth fam! I hope everyone is doing well😀
I recently opened up an account with Charles Schwab and invested $100/bought shares of 4 Index-Mutual funds- putting $25 each in: SWPPX, SFREX, SWTSX, & SNXFX (& also selected to reinvest dividends & capital gains). I chose these 4 because the 1st tracks the S&P500 index; the 2nd invests in real estate companies worldwide; the 3rd aims to replicate the entire US stock market & offers broad diversification; and the 4th invests in the 1,000 largest US companies/large segments of US market. I learned about the funds through the Wealth Twins Youtube videos...
This week I plan to automate funds in these new accounts and look into buying ETFs (that I'll also select to reinvest dividends/capital gains).
What do you think of this (any suggestions/words of wisdom or caution)? I welcome it all as I want to learn/grow!
Thanks!
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Adeola Ogunsanya
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Charles Schwab-Mutual Funds I just invested in!
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