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Subject:  Re: Vanguard vs Discount Broker Date:  8/30/1999  11:32 AM
Author:  FoolishLikeaFox Number:  13543 of 101506

Other than the direct costs of the trades, what other things should I take into account when choosing between Vanguard or a Discount Broker ?

Go to the Vanguard site and carefully read the prosectus. Last time I checked, there were major restrictions on exchanges in Vanguard index funds (to prevent excessive trading). For instance, moving funds from the Vanguard 500 fund requires a written exchange form.

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