Quote:
Originally Posted by La lamy
The commission for funds are generally 1 to 5%. Just that makes me cringe, let alone the low interest bonds have brought in these past years. I have just started back into buying my own CDs, being satisfied with the 5.75% I get for a fixed one year.
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All of the Vanguard mutual funds are "no load" funds, which means that there is no commisssion paid to anyone. The Vanguard Short Term Bond Index Fund is an excellent bond fund that has an expense ratio of 0.07 percent, and a current yield of 5.19 percent. The expense ratio is the cost to operate the fund and the published yield is calculated after applying the expense ratio. So, the cost to the investor is less than one-tenth of one percent of the amount invested, which is extremely low. The fund has no other fees.