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I advised her to go this way because Scottrade allows setup for only $500 vs. Vanguard requires $3000. Scottrade also has no maintenance fees. So for her, just starting out, Scottrade seemed the best way to go.

Actually, Vanguard only requires $1000, for retirement accounts. And the maintence fees for accounts smaller than $10,000 are taken out of the dividends, so you're not avoiding paying them by going with Scottrade.


TW
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