No. of Recommendations: 0
I have another question about opening a Roth IRA and investing in the Vanguard Total Stock Market Fund. Is it better to invest directly through Vanguard or to open up a discount brokerage account and do it there?

I think either option will most likely suit you just fine. Personally, I opted to go directly with Vanguard. Since I was planning to invest in Vanguard funds, I felt it was best for me to go directly with the fund family. I am sure I would have been just as pleased had I gone with a brokerage such as Scottrade.

One thought I had at the time was the chances were greater of my costs increasing with a brokerage than with Vanguard directly. While Scottrade does not currently charge a commission (at least I believe that to be true), that does not mean that will always be the case.

I think you need to go with the choice that makes you feel the most secure and comfortable.

Print the post  


The Retirement Investing Board
This is the board for all discussions related to Investing for and during retirement. To keep the board relevant and Foolish to everyone, please avoid making any posts pertaining to political partisanship. Fool on and Retire on!
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.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! 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.