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Author: TMFPixy Big gold star, 5000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75339  
Subject: Re: Help Date: 1/21/2000 4:05 PM
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Greetings, Sureyerrite, and welcome. You asked:

<<I am going to rollover my company 401K to an IRA
and will be including stocks as well as funds.Is there
any downside to opening the account with a discount
broker as far as mutual funds go?>>


Yes, if the broker charges a fee for a no load fund in particular. For instance, Vanguard no loads sold through a broker tend to have very high fees because they want you to buy directly with them. And if you do, there is no fee for purchase, which means more of your money goes to work for you. Also, brokers don't necessarily offer the fund you wish to purchase.

Regards..Pixy
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