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URL:  http://boards.fool.com/bad-vanguard-experience-20144794.aspx

Subject:  Bad Vanguard Experience Date:  1/13/2004  11:34 AM
Author:  billjam Number:  38500 of 78166

I'm just about ready to transfer my Vanguard IRA into my Fidelity IRA after the last few days.

I have a program to re-allocate my portfolio over the next 12 to 18 months. Thought I'd dollar-cost average the transactions. Surprise! Vanguard only allows 2 online or telephone transactions per year in 500 Index fund (and several other index funds). Only way to do it is to send written instructions each time. No limit on number of transactions but no control over timing either given the variable of mail service.

So I sent the first letter of instruction. Clearly identified the funds involved by name