3. Start Investing
Now that you know your goals and have planned your investment mix, the next step is to put that knowledge and planning into action and start investing. For long-term investing, waiting for the right moment to begin investing rarely works best. Starting early, and investing what you can regularly, usually takes you a lot further than waiting—because you generally can’t make up for lost time.
Open an account.
Schwab can help you get started with the right accounts quickly and easily. Find the right account.
Fund the account.
Deposit money into the account. Schwab clients, see your funding options. (Login required)
Choose your investments.
Pick actual investments to fit your plan. .
- Easy to invest small amounts regularly. Invest as little as $100, as often as you like— bimonthly, monthly, or quarterly.
- A wide selection of funds. Every fund on the Schwab Mutual Fund OneSource Select List® is eligible for investment. They’re all free of load fees and transaction fees and have been analyzed by the professionals at Schwab.
- Convenience. If you like the automatic nature of a 401(k) plan, automatic investing can work the same way for your brokerage accounts, in combination with Direct Deposit or regular online transfers.
- The power of dollar-cost averaging. With automatic investing, you buy more when the price is lower, and buy less when the price is higher.
- No set-up fees. There’s no fee to set up an Automatic Investment Plan. Pause or cancel your plan at any time with no penalty.
If you have more questions or need help getting started, call us at 800-435-4000.
1. The $1,000 minimum required to open an account is waived if you set up an automatic monthly transfer of $100 through direct deposit or Schwab MoneyLink or open a Schwab Bank High Yield Investor Checking account linked to your brokerage account.
2. Source: Schwab Center for Financial Research with data from Morningstar, Inc. Inflation rate is based on an increase of 2% per year over a 30 year period.
The information on this website is for educational purposes only. It is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, consult with a qualified tax advisor, CPA, financial planner, or investment manager.
The information here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The type of securities and investment strategies mentioned may not be suitable for everyone. Each investor needs to review a security transaction for his or her own particular situation.
Schwab’s short-term redemption fee of $49.95 will be charged on redemption of funds purchased through Schwab’s Mutual Fund OneSource service (and certain other funds with no transaction fees) and held for 90 days or less. Schwab reserves the right to exempt certain funds from this fee, including Schwab Funds, which may charge a separate redemption fee, and funds that accommodate short-term trading.
Trades in no-load mutual funds available through the Mutual Fund OneSource service (including Schwab Funds), as well as certain other funds, are available without transaction fees when placed through Schwab.com or our automated phone channels. For each of these trade orders placed through a broker, a $25 service charge applies. Schwab reserves the right to change the funds we make available without transaction fees and to reinstate fees on any funds.
Charles Schwab & Co., Inc., member SIPC, receives remuneration from fund companies participating in the Mutual Fund OneSource