No. of Recommendations: 0
I have a CD ladder at my credit union. I also have IRA and after tax mutual fund accounts at Vanguard large enough to qualify for Voyager status. So I was quite interested when you pointed out that CD's were available thru Vanguard. Possiblt an opportunity to consolidate and simplify my investments.

BUT, rates aside, Vanguard commissions on CDs seem excessive to the point of prohibitive.

Purchase commission, If below 50K is $5 per thousand, with $50 minimumf

$50K and above is $3 per thousand, with $500 maximum.

At best, on a one year, you are giving up 30 basis points just to buy the darn thing.

Am I missing something?
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