Quote:
Originally Posted by alexort
Fidelity overall has MUCH better performance. See for yourself. I'm a financial analyst. Not to sound like I know everything, but I do this for a living. Vanguard does a great job of marketing themselves as the dirt cheap alternative. Both Fidelity and Vanguard are cheap.
Cheap is not everything. It's worth paying a few nickels for better performance over the long run. Fidelity has much better research, performance, and a great website. Not to mention, Fidelity customer service is outstanding. From personal experiences, I know that their back office is fully licensed, so they can talk shop with you.
I've used both. Fidelity is better.
Side note: You can buy Vanguard funds through Fidelity.  |
alexort: Your post confuses me or I confuse myself. You state that "both Fidelity and Vanguard are cheap" but then go on to say "its worth a few nickels for better performance". What do the few nickels add up to be? You also indicate that Fidelity has better performance over Vanguard. So I am interested in learning how you came to that conclusion since there are so many different measurements advanced for a fund's performance?