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Subject:  Re: Index fund v Index shares for IRA Date:  2/2/2000  9:59 AM
Author:  brucedoe Number:  18618 of 88100

I believe that Vanguard charges a $10 service fee to buy an index fund. Also you have to do it by letter. If you have less than $10,000 of VFINX, I believe you also pay a $10 annual fee on top of the 0.19% management fee. Because QQQ uses the dividends to offset expenses, they may not have a management fee. Also you can get discount brokers that charge less than $10/trade. I'm winging this so you ought to get the prospectus and check it out.

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