Marotta’s 2018 Schwab Gone-Fishing Portfolio

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A gone-fishing portfolio has a limited number of investments with a balanced asset allocation that should do well with dampened volatility. Its primary appeal is simplicity. But a secondary virtue is that it avoids the worst mistakes of the financial services industry.

This portfolio uses all Schwab no-transaction fee exchange traded funds. Each broker has a different transaction fee to buy and sell stocks. Each broker also often has a list of ETFs for which they waive the transaction fee. Schwab has over 200 funds as part of their Schwab ETF OneSource. We selected our gone-fishing portfolio funds from only this list.

We recommend this gone fishing portfolio for accounts hosted at Charles Schwab. We also have custodian-specific portfolios for Vanguard and TD Ameritrade as well as our default Marotta’s 2018 Gone-Fishing Portfolio.

You can read about the changes from last year in our article “Marotta’s 2018 Gone-Fishing Portfolios.”

Photo by Caleb Jones on Unsplash

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President, CFP®, AIF®, AAMS®

David John Marotta is the Founder and President of Marotta Wealth Management. He played for the State Department chess team at age 11, graduated from Stanford, taught Computer and Information Science, and still loves math and strategy games. In addition to his financial writing, David is a co-author of The Haunting of Bob Cratchit.