Talk of The Villages Florida - View Single Post - Who feels it necessary to keep their securities distributed among several brokerages?
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Old 09-12-2023, 11:40 AM
manaboutown manaboutown is offline
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Quote:
Originally Posted by retiredguy123 View Post
I use Vanguard Investments and Fidelity Investments. Stock, bond, and money market mutual funds. No individual stocks or bonds.
I use Vanguard, too. For both historic and recent reasons I will not use Fidelity. I use Ameriprise too because I have had several entity accounts with them going back to their 1980s days as Olde Discount. They charge a small brokerage fee but I rarely buy or sell.

The book I cited reveals how ridiculously high various fees were charged retail customers before May Day 1975 when discount brokers started to come into the picture.
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