When the school bell rings, did you know that more than 15 million kids are on their own with nothing to do and nowhere to go? That’s why at exactly 3:00 p.m. on July 31, Charles Schwab Foundation will join Boys & Girls Clubs of America to help kick off BGCA's first-ever Great Futures campaign on Twitter and LinkedIn. The goal? To bring awareness to this important time of day and help ensure that more kids have a safe place where they can reach their full potential.
At many employers across the country, June marks the arrival of summer interns. At Schwab, our interns started last month and I can feel the buzz of excitement in the air as these students from diverse backgrounds, locations, and majors meet each other for the first time.
Reggie Jackson. Cal Ripken Jr. Johnny Bench. These were the first trades I ever made. I was eight years old and hooked on trading. Eventually my interest would advance from trading baseball cards to trading stocks, but those early years of swapping and holding cards featuring my favorite baseball players helped me develop an investing strategy that I continue to follow today.
The 4th of July is about more than fireworks and lighting up the grill -- it's a time to reflect on the meaning of independence. For many Americans, the stress of debt and other financial responsibilities can feel like a loss of freedom. Fortunately, there are steps you can take to prioritize these competing obligations to put yourself in control of your financial future.
We see it all around us…people engaging, asking the tough questions, demanding quality, value, and accountability. People taking ownership of their lives. It's the hallmark of today's modern consumer.
When it comes to managing your hard-earned money, should it be any different? At Schwab, we believe in an approach to wealth management that reflects those same values.
Bond pricing is not a subject that gets a lot of attention. You're not going to hear Oprah talk about it, nor is it likely to be the subject of Michael Lewis' next book. But it's a subject that warrants attention because as the population ages, more people are adding individual bonds to their investment portfolios. The price they pay for those bonds directly impacts the yield they earn, but too many individual investors are getting a raw deal when buying bonds because they are kept in the dark about the fees they're paying; And I believe that must change
Congratulations, Class of 2014! You've earned that college degree, but you still have a few important lessons to learn. Lesson #1: now is the time to start saving for your retirement. I know it may seem a lifetime away, but the earlier you start, the easier the path to a comfortable retirement can be.
On May 21st, 37 Schwab employees in Denver put a smart twist on corporate volunteerism. A Schwab Volunteer Week pilot program, the Denver Skills Marathon was a half-day "flash consulting" event in which highly skilled Schwab employees lent their professional expertise to help local nonprofits address critical business challenges in the areas of HR, marketing, and technology. A similar event was held in San Francisco on May 20th.
It seems that as a society, most of us and not just the young are suffering from a severe lack of financial literacy. Young adults, middle-aged adults, older adults, men and women across the spectrum of education and wealth are all included. And unfortunately, the stakes have never been higher: No one is going to step in and take care of us. No one else will pay our overdue credit card bills, force us to save for retirement, or keep us from living beyond our means. We've got to do those things for ourselves.
The previous blogs in the Snag Your Dream Job series have highlighted best practices and guidance on how to land a great career at your target employer. I hope that this series has helped many of its readers do just that! While brainstorming what topic to tackle next, I thought of a recent interaction with a prospective candidate at a networking event. The candidate had a great resume, but as our conversation developed he did and said a few things that caused me to think, "l'm not sure this person is a great fit for Schwab." Fortunately, I had the opportunity to provide direct feedback right then and there, which I hope the candidate implemented during his next conversation with a recruiter.
Investing involves risk, including possible loss of principal.
The Charles Schwab Corporation provides a full range of securities, brokerage, banking, money management, and financial advisory services through its operating subsidiaries. Its broker-dealer subsidiary, Charles Schwab & Co., Inc (“Schwab”), Member SIPC, offers investment services and products, including Schwab brokerage accounts. Its banking subsidiary, Charles Schwab Bank (member FDIC and an Equal Housing Lender), provides deposit and lending services and products. Schwab Advisor Services™ serves independent investment advisors and includes the custody, trading, and support services of Schwab. Independent investment advisors are not owned, affiliated with, or supervised by Schwab. Schwab Retirement Plan Services, Inc. and Schwab Retirement Plan Services Company provide recordkeeping and related services with respect to retirement plans. Brokerage Products: Not FDIC Insured • No Bank Guarantee • May Lose Value