Schwab Fractional shares : r Schwab - Reddit Schwab slices, allowing you to buy s p stocks by the dollar rather than the share, is a gimmick to me since you cannot sell in the same manner You can only sell full shares, your total fractional holding, or a combination of the two
Schwab stock slices and fractional ETF shares. : r Schwab - Reddit Schwab stock slices and fractional ETF shares Why does Schwab not yet offer fractional share trading under $5 of more than just 500 stocks and no fractional trading of ETFs like Fidelity, M1, Webull, and Robinhood do? Is this coming at some point? Seems like they will be left behind on this front soon
Question about Brokerage Starter Kit : r Schwab - Reddit So I'm a new Schwab member and I did the Schwab Starter Kit It gave me $101 dollars to use for investing in stock slices I was under the impression they automatically use that money to buy the stock slices, but apparently I have to buy them manually since nothing has changed on my account Should I just use that $101 on the top 5 S P stock slices as the starter kit intended, or can I use it
Stock Slices Experience? : r Schwab - Reddit The biggest downside with Schwab Slices is the limited inventory I don't know why they chose to limit it only to S P 500 companies I understand that's 500 biggest companies but that leaves a ton of potential investments unable to be made via slices
Schwab Stock Slices : r Schwab - Reddit Has anyone heard any news about possibly adding additional stocks to this list beyond the S P500? Maybe ETFs? Schwab is really starting to fall behind in this area and it’s starting to feel like they don’t really care I like their platform, but the bucket FidFolios at Fidelity are so much better and I’m starting to get tempted to move
Stock Slice : r Schwab - Reddit My only complaint is that $5 is the minimum needed to get one slice whereas with Robinhood (once you activate fractional slices) allows you to buy as low as $1 and they allow you to decide if you want to buy in dollar amounts or in share amounts which is convenient Unlike Schwab where you can only buy in dollar amounts
Stock Slices (Fractional Shares) - Let’s get a move on Schwab - Reddit Schwab Slices is vastly inferior to the Fidelity fractional share offering At Schwab you can only buy the S P 500 stocks and you can only place market orders Fidelity allows you to buy almost any stock or etf and to place fractional limit orders during the trading day
Fractional shares : r Schwab - Reddit Schwab does let you buy fractional shares, but only in the context of reinvesting dividends from an ETF you own So it's something they're already able to do The real answer is that a significant percentage of Schwab's profits come from uninvested cash, and fractional shares make it easier to invest cash
Initial thoughts on Schwabs Stock Slices? : r stocks - Reddit Initial thoughts on Schwab's "Stock Slices"? Saw a BusinessWire article this morning (linked below), and I'm looking forward to being able to get in on some stocks that I otherwise would not be able to afford as a whole