Index we Trust - The Economist on Vanguard

[Koogie]

There as an interesting piece in last weeks Economist about Vanguard.

Index we trust
The Economist - World News, Politics, Economics, Business & Finance ... p-index-we

Mostly a general synopsis of its history and structure but some of the statistics about its current inflows and clout were very interesting:

"One dollar in every five invested in mutual or exchange-traded funds (ETFs) in America now goes to Vanguard, as does one in every two invested in passive, index-tracking funds, according to Morningstar, a data provider." (emphasis mine)

It seems Vanguard is now one of the 400 pound gorillas. Thankfully they are still on the side of the little guy.

 

[Katiek]

Thanks for the link!

 

[Totoro]

Meanwhile my broker wants to charge me 0.15% of my vanguard funds simply to hold em for me.

Time to switch brokers ..

 

[Totoro]

“We were conceived in hell and born in strife,” Mr Bogle recalls.

No good deed goes unpunished.

 

[UpAnchor]

It seems Vanguard is now one of the 400 pound gorillas. Thankfully they are still on the side of the little guy.

Hope they don't end up a 400 pound target...

 

[MRG]

Hope they don't end up a 400 pound target...

They've been a target since they launched the first index fund.

 

[travelover]

Meanwhile my broker wants to charge me 0.15% of my vanguard funds simply to hold em for me.

Time to switch brokers ..

Vanguard will NOT send you a birthday card.