The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/the-low-balance-vanguard-fees-are-a-nuisance-but-22275007.aspx

Subject:  Re: Transfer of Roth IRA Date:  3/28/2005  3:32 PM
Author:  wcfenton Number:  45310 of 76245

The low-balance Vanguard fees are a nuisance, but the new $17 transaction fee through Scottrade would be even more of a nuisance. Right now, my money is in one fund until I meet the minimum account fee to get rid of one of the two $10 annual fees. Vanguard makes dollar-cost averaging much simpler, and I feel more comfortable with Vanguard.
----------------

Another plus associated with your move to Vanguard is that you will eventually invest enough in your account so that you will not have to pay the low-balance fee. If you stayed with ScotTrade, you would have to always pay the transaction fee every time you wanted to add to your Vanguard Fund. So - at least there is a light at the end of the tunnel.

In case you haven't seen it yet, this link explains Vanguard's fees:

http://tinyurl.com/5ad2t

Regards,
Bill (A happy Vanguard member)
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us