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Originally Posted by bosco
Vanguard is cheapest IF and ONLF IF you buy Vanguard funds. If you buy other companies' funds, ETFs, individual stocks, there are cheaper alternatives. Not only that, but FIDO has cheaper index funds than Vanguard, just not as many of them.
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Completely agree, but one thing to note, Vanguard seems to be better at tax-managing their funds. It always seems to beat Fido at after-tax returns by a few hairs even with the cheaper expense ratio.
Quote:
Originally Posted by bosco
If you use Wells Fargo's Wellstrade, for example, you can still use Vanguard for free AND buy other things as well.
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Keep in mind, this is for balances over $25k. If you are starting out and don't have this amount available, you will pay $20 per trade. If you really need to buy some stocks and forgo all the good advice, look into a discount broker like TD Ameritrade.