No. of Recommendations: 0
To; motley Fool's retirement site author
Re: Vanguard funds
In a recent column you said you opened an IRA with Vanguard. I have had good luck with Prime Cap and Health- specialized- for my daughter who is 25.
What were your Vanguard choices?
Janus Funds also have low cost equity funds but when you use Vnaguard's cost comparison charts- over the long haul- Vanguard always yields more with less cost- There is a fallacy here someplace with these calculations- Do you know what it is?
Thank you
No. of Recommendations: 0
Greetings, Hudson12, and welcome. You asked:
<<In a recent column you said you opened an IRA with Vanguard. I have had good luck with Prime Cap and Health- specialized- for my daughter who is 25.
What were your Vanguard choices? >>
You'll find them listed in the very first column announcing the Retiree Portfolios at http://www.fool.com/specials/1999/sp991206retireports.htm. As to why these were purchased, see the side piece at http://www.fool.com/retirement/bonds/bonds01.htm.
<<Janus Funds also have low cost equity funds but when you use Vnaguard's cost comparison charts- over the long haul- Vanguard always yields more with less cost- There is a fallacy here someplace with these calculations- Do you know what it is?>>
I don't know what funds you're comparing, but the easy answer is Janus has higher expenses than Vanguard.
Regards..Pixy