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I want to open an IRA with Vanguard, but don't have the $10,000 minimum to open an account.

Last time I checked, Vanguard's minimum for IRAs was $1,000 which isn't that high, IMO. I think most discount brokers would require at least $500 at a minimum for an IRA account.

You do realize that if you bought say, the Vanguard Total Stock Market that there are $20/year in fees until you get up to $10,000 right? There is a custodial and an account maintainence fee. Some people find these really annoying and may be enough to make the discount broker option worthwhile if the transaction costs are low enough.

I know it makes sense to open an IRA with that particular fund family, but I also want to have an IRA that is invested in CD's, stocks. I assume it would be better to open such an IRA with a discount broker?

Possibly. There is a question for how small of a CD do you want to allow and how much would the broker charge for such a transaction? Would the IRA get hit with inactivity fees and what custodial charges are there are also worth investigating, IMO.

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