DISCLAIMER - I am not a Financial Advisor and do not work for any Brokerage Firm. The opinions given are of my own and are not to be used as professional advice. These are my findings and can hopefully help you to make informed decisions on investing. Consult a Broker or Lawyer before making any investment.
What I Love About Vanguard Investments
There are several really good investment brokerage houses. I have used about 10 over my 30 years of investing, and am now using just 3 where I actively manage my investments. This week we will discuss what I love about Vanguard Investments. We did a review on one of the best investments books which is the Little Book of Common Sense Investing by Vanguard founder Jack Bogle. You can read about that book here:
This book clearly points out that it is very difficult to beat the average of the stock market consistently. So using that information, I have concentrated a lot of my investments on ETFs that make up the full market indexes which are listed in that article.
Vanguard Investments Group has been around for a lot of years. They may be the premier brokerage from the standpoint of offering so many good mutual funds and ETFs. Remember though, that you can buy those ETFs at other brokers also.
I review my investments on a bi-weekly schedule, and the thing that stands out is that my Vanguard investments rarely lose any money. They have an excellent group of managers over their funds and ETFs, and while most ETFs are not managed, some are. I will admit that more of my speculative investments (which are never more than 5% of my total portfolio) are invested at Schwab and Fidelity.
So I want to clarify that if all things were equal (same exact investments in each brokerage), there would be little variance in one or the other. I think what we can learn from this is that Vanguard mutual funds and ETFs are excellent. If you are unfamiliar with the varying types of investments, read my articles on the definitions of the main 4.
(Stocks, ETF (Exchange Traded Funds, Mutual funds and bonds.) First 3 are in article one, bonds are in a separate article.
Advantages of Vanguard Group:
Investing recommendation: (Never buy mutual funds with Load fees.)
Disadvantages of Vanguard Group:
So in conclusion, overall Vanguard is a good company. My wife has a Roth IRA there and we intend to keep it.
Advantages / Differences in IRAs:
We will cover Schwab Investments and Fidelity Investments next week and show their pros and cons.
See Vanguard Website
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