The perspective of mainstream says:
- Charles Schwab's share price fell 0.5% after a major shareholder, Toronto-Dominion Bank, sold 40.5 million shares of Schwab's common stock at a discount.
- Toronto-Dominion Bank reduced its stake in Schwab to slightly over 10% as part of an attempt to shore up its finances, affected by a provision to pay fines expected from the U.S. Department of Justice.
- Charles Schwab's research shows that working with a financial advisor can nearly double retirement savings, with advised participants having an average balance of $535,354 compared to $286,008 for non-advised participants.
- Toronto-Dominion Bank is setting aside $2.6 billion to cover fines it expects to pay for failures in its money-laundering controls, and sold part of its stake in Charles Schwab Corp. to fund it.
- The Schwab U.S. Dividend Equity ETF provides a high-yielding and growing dividend portfolio, consisting of 103 dividend stocks with a 3.4% yield and blue chip companies like Lockheed Martin, AbbVie, and Coca-Cola.
- The ETF offers instant portfolio diversification, a generous and growing dividend, and future total return potential, but its total returns have trailed those of the S&P 500 in recent years.
Layer3.news - mainstream perspective /
npub122…pprgp
2024-09-04 11:10:15
in reply to nevent1q…47wq
Author Public Key
npub122cejpy9pnvcl7tr0dc9ar6pm75mrjr5gpgnll036zf060rw723qgpprgpPublished at
2024-09-04 11:10:15Event JSON
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"content": "The perspective of mainstream says:\n- Charles Schwab's share price fell 0.5% after a major shareholder, Toronto-Dominion Bank, sold 40.5 million shares of Schwab's common stock at a discount.\n- Toronto-Dominion Bank reduced its stake in Schwab to slightly over 10% as part of an attempt to shore up its finances, affected by a provision to pay fines expected from the U.S. Department of Justice.\n- Charles Schwab's research shows that working with a financial advisor can nearly double retirement savings, with advised participants having an average balance of $535,354 compared to $286,008 for non-advised participants.\n- Toronto-Dominion Bank is setting aside $2.6 billion to cover fines it expects to pay for failures in its money-laundering controls, and sold part of its stake in Charles Schwab Corp. to fund it.\n- The Schwab U.S. Dividend Equity ETF provides a high-yielding and growing dividend portfolio, consisting of 103 dividend stocks with a 3.4% yield and blue chip companies like Lockheed Martin, AbbVie, and Coca-Cola.\n- The ETF offers instant portfolio diversification, a generous and growing dividend, and future total return potential, but its total returns have trailed those of the S\u0026P 500 in recent years.\n",
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