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Foolish like a Fox said:
I think "trading" is becoming a major concern for Vanguard, since it can be conducted online with no resistance

I just checked their website, and the Capital Opportunities Fund requires a 25,000.00 minimum, I didn't see how to check on a holding time but am going to look for it on the different funds. Their PRIMECAP Fund is closed to new investors.

Likewise, the Vanguard 500 (VFINX) cannot be exchanged online at all. You have to send the paper exchange form to Vanguard.

I guess you probably mean for non-retirement account investors. With my Keogh, I can transfer between their own funds over the phone. Meowiz
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