UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next
Author: billjam Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 76078  
Subject: Re: Vanguard Funds For Roth IRA Date: 6/23/2004 8:35 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
I've had retirement accounts with Vanguard for more than 15 years and generally felt they were a good company. As a new investor to Vanguard, however, you should be aware of changes in the company since John Bogle was pushed out.

The most recent change has been to their corporate bond funds - they don't have any anymore. These funds are being hybridized with the restriction to invest 80% in corporate bonds being dropped. Investors will not know what the mix is but it could include large percentages of GNMA and treasuries. This change was made without a shareholder vote and has upset many investors who specifically wanted a way to own a diversified portfolio of corporate bonds.

Probably not important to your current investment strategy but I believe it typifies growing problems with Vanguard. OTOH they are still a great place to find very low cost mutual funds, especially index funds.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Post of the Day:
Value Hounds

Netflix Riles Investors
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement