Quote:
Originally Posted by Tyson
Just use Vanguard. They have thepowest expense ratios in the business. Some of my Admiral ratios are .18 of a percent.
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cheap also means other intangibles not working well with Vanguard. Their paper reports suck. They have one nice feature on their web site, BUT, they want long term investors and not anyone who looks like a short term trader. They shun short term traders. .
And historically they wanted to sell only their own products, even if the new ETFs were more liquid, they want to sell just their ETFS.
Cheap also is relative to performance, higher returns with higher expense ratios can still net out better than just cheap. I do not like working with Vanguard, in either 401K, IRA or taxable accounts, from experience.