Beginner's Guide To Charles Schwab Online Brokerage - Products
AAA
  1. Beginner's Guide To Charles Schwab Online Brokerage - Introduction
  2. Beginner's Guide To Charles Schwab Online Brokerage - Basics
  3. Beginner's Guide To Charles Schwab Online Brokerage - Products
  4. Beginner's Guide To Charles Schwab Online Brokerage - Research
  5. Beginner's Guide To Charles Schwab Online Brokerage - Guidance
  6. Beginner's Guide To Charles Schwab Online Brokerage - Trading
Beginner's Guide To Charles Schwab Online Brokerage - Products

Beginner's Guide To Charles Schwab Online Brokerage - Products

By Free

The products channel of the Schwab site is a good starting point if you're looking for an overview of what Schwab offers, or for more information on a specific financial product. As you become more familiar with the site, you might find that you access many of the functions available through the product channel in a more direct manner. For instance, instead of going to the products channel, then selecting stocks and then looking at information on stock research, you might eventually find it easier to either go through the research channel or else simply enter the ticker of the stock you're interested in and access the research directly. However, when you're new to the Schwab site or if you are looking for information on a product you're not familiar with (for instance, if you often trade stocks through Schwab but are looking into insurance products for the first time) you might find the product channel useful.

Figure 2 - Products Homepage



The products channel is a particularly good source for non-investment products such as insurance, banking and charitable giving. For example, if you click on the life insurance tab under the products channel, you'll find a lot of information on different types of life insurance, which ones might be best for you, and what you should consider prior to purchasing. You can also get quotes on life insurance from various Schwab partners through an online form.

Banking products include traditional savings and checking accounts as well as home mortgages. The savings and checking accounts are offered directly through Schwab and work just like any other bank accounts you might find (they are FDIC insured, etc.). One of the benefits of having a bank account at Schwab is that (assuming you already invest through Schwab) you can consolidate your financial relationships and cut down on paperwork. On the other hand, one of the drawbacks is that Schwab doesn't have as wide of a branch system as say Citibank, and so you may have to do more of your banking either online or through the mail.

While checking and savings accounts come directly from Schwab, mortgages are offered through an affiliation with Quicken Loans. As with any other online loan provider, you can find a variety of types of loans such as ARMS, 30-year fixed-rate, 15-year fixed-rate, etc. Schwab's website also offers a variety of mortgage calculating tools to help you figure out how big of a mortgage you can afford, whether it is cheaper to own or rent, and whether it make sense to refinance your home. You'll also find a lot of information on what to expect from the process of purchasing a home, securing a mortgage, and financial considerations prior to embarking on the process.

For those with a charitable bent, Schwab also offers access to a variety of charitable giving tools through its product channel. These include guidance and assistance on setting up your own charitable foundation, as well as assuring that any donations that you make are tax-deductible.

Beginner's Guide To Charles Schwab Online Brokerage - Research

  1. Beginner's Guide To Charles Schwab Online Brokerage - Introduction
  2. Beginner's Guide To Charles Schwab Online Brokerage - Basics
  3. Beginner's Guide To Charles Schwab Online Brokerage - Products
  4. Beginner's Guide To Charles Schwab Online Brokerage - Research
  5. Beginner's Guide To Charles Schwab Online Brokerage - Guidance
  6. Beginner's Guide To Charles Schwab Online Brokerage - Trading
Beginner's Guide To Charles Schwab Online Brokerage - Products
RELATED TERMS
  1. Execution Only

    A trading service that is restricted to execution of trades only, ...
  2. Bid Wanted

    An announcement by an investor who holds a security that he or ...
  3. Hindsight Bias

    A psychological phenomenon in which past events seem to be more ...
  4. Paper Trade

    Using simulated trading to practice buying and selling securities ...
  5. Growth Of 10K

    A graph that shows the change in value of an initial $10,000 ...
  6. Financial Exposure

    The amount that one stands to lose in an investment. For example, ...
  1. What are the differences between a systematic investment plan (SIP) and a recurring ...

    Differentiate between a recurring deposit and a systematic investment plan, or SIP, within an investment account, and learn ...
  2. What are the benefits and costs (or risks) of a systematic investment plan (SIP)?

    Discover the advantages and disadvantages of using a systematic investment plan; you may lower your average cost, or you ...
  3. What are the main differences between a systematic investment plan (SIP) and mutual ...

    Reduce your average cost per share on mutual fund investments using the dollar-cost averaging strategy by way of a systematic ...
  4. How do I calculate earnings per share with simple capital and complex capital structure?

    Learn the difference between simple and complex capital structures and how the structure affects a company's calculations ...
comments powered by Disqus
Related Tutorials
  1. Investing For Safety and Income Tutorial
    Bonds & Fixed Income

    Investing For Safety and Income Tutorial

  2. American Depositary Receipt Basics
    Economics

    American Depositary Receipt Basics

  3. Stock Basics Tutorial
    Investing Basics

    Stock Basics Tutorial

  4. Beginner's Guide To J-Trader
    Trading Systems & Software

    Beginner's Guide To J-Trader

  5. Beginner's Guide To CQG Integrated Client Trading Platform
    Trading Systems & Software

    Beginner's Guide To CQG Integrated Client Trading Platform

Trading Center