Join Early Retirement Today
Reply
 
Thread Tools Display Modes
Old 04-09-2010, 06:57 AM   #21
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,067
Quote:
Originally Posted by bbbamI View Post
So...we met with the Fidelity rep today. That office was VERY busy.

We found out we could buy VWIAX for a fee of $75. There would be no other fees associated with this fund from Vanguard. We can buy any type of fund online with the IRA account and no paperwork has to be filled out. I guess I was used to the old days of paperwork flying around for a month.

We got a bit sidetracked and we didn't discuss VWIAX much, but she did recommend that we take a look at OAKBX, PTTDX and PLDDX. All of these funds hover around .85% er. We're also going to look into ETFs.

As far as 'status' goes, she said that no longer applies to Fidelity.

We have a lot of homework to do.
You could probably do a combination of these funds or etf's to come up with something similar to Wellesley, but I would just pay the $75 fee and be done with it if you like Wellesley's profile.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
Dawg52 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 04-10-2010, 04:40 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,294
Quote:
Originally Posted by Dawg52 View Post
You could probably do a combination of these funds or etf's to come up with something similar to Wellesley, but I would just pay the $75 fee and be done with it if you like Wellesley's profile.
I took your advice and that's what I did today. How much do I owe you?
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 04-10-2010, 06:05 PM   #23
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,008
Hey wait - I thought I gave you that advice! LOL!

I own a few transaction fee funds, and that's what I do - put in a big chunk. And then once it's in there it stays in and I enjoy the low ERs.

Audrey
__________________
Retired since summer 1999.
audreyh1 is offline   Reply With Quote
Old 04-10-2010, 07:47 PM   #24
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Dawg52's Avatar
 
Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
Posts: 9,067
Quote:
Originally Posted by bbbamI View Post
I took your advice and that's what I did today. How much do I owe you?
$75.
__________________
Retired 3/31/2007@52
Investing style: Full time wuss.
Dawg52 is offline   Reply With Quote
Old 04-10-2010, 09:14 PM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,294
Quote:
Originally Posted by audreyh1 View Post
Hey wait - I thought I gave you that advice! LOL!
Audrey
Quote:
Originally Posted by Dawg52 View Post
$75.
Well I suppose I'll split the difference...the checks are in the mail!

I just hope now that I'm a pssst owner, the fund doesn't tank...
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Check out FNMIX
Old 04-11-2010, 09:31 AM   #26
Recycles dryer sheets
 
Join Date: Nov 2008
Posts: 126
Check out FNMIX

Check FNMIX. Its performances are better than VWIAX. I just put a small amount in this fund.
Any other similar fund, please let me know.
rsingh6675 is offline   Reply With Quote
Old 04-11-2010, 10:02 AM   #27
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,294
Oooh...I just took a look at that fund. It looks appealing and a little dangerous. I might have to put a few bucks there...thanks.
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 04-11-2010, 10:17 AM   #28
Thinks s/he gets paid by the post
DblDoc's Avatar
 
Join Date: Aug 2007
Posts: 1,224
Quote:
Originally Posted by rsingh6675 View Post
Check FNMIX. Its performances are better than VWIAX. I just put a small amount in this fund.
Any other similar fund, please let me know.

These two funds are extremely different. Why would you compare them?

DD
__________________
At 54% of FIRE target
DblDoc is offline   Reply With Quote
Old 04-11-2010, 10:27 AM   #29
Thinks s/he gets paid by the post
Helen's Avatar
 
Join Date: Oct 2004
Location: Portland
Posts: 2,038
I appreciate this thread. I have a Vanguard account, but there is a Fido office downtown. I think I am going to take a day off w*rk and check it out.

I find the Vanguard website confusing and my partner is not into finance so the face to face would make her more comfortable.

I didn't know the $75 transaction fee was the only extra cost to owning Wellesley. Wellesley was one of the reasons I wanted to stay with Vanguard.

Thanks for all the info.
Helen is offline   Reply With Quote
Old 04-11-2010, 11:56 AM   #30
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
bbbamI's Avatar
 
Join Date: Dec 2006
Location: Collin County, TX
Posts: 9,294
Helen, I am the type of person that needs face to face to understand some things. I'm able to ask questions and I can repeat what they say to me (in my own terminology) to make sure I understand their answer. I know I could possibly receive incorrect info from any source; but if I gather info from this forum, a Fido rep, and their website with the same conclusion, I feel I can go forward with confidence.

I no longer nod my head in understanding when I truly do not comprehend a subject.

Arm yourself with questions...it's your money and your future.
__________________
There's no need to complicate, our time is short..
bbbamI is offline   Reply With Quote
Old 04-11-2010, 03:07 PM   #31
Thinks s/he gets paid by the post
Helen's Avatar
 
Join Date: Oct 2004
Location: Portland
Posts: 2,038
Thanks bbbami. The more I think about this the more it sounds like a good idea. I'm going to be mostly index funds and Wellesley and I can do that from either Vanguard or Fidelity. I think Fido's index funds are even cheaper than Vanguard's.
Helen is offline   Reply With Quote
Old 04-21-2010, 05:08 PM   #32
Confused about dryer sheets
 
Join Date: Mar 2010
Posts: 1
As a newcomer here, please forgive me if this is covered in a faq somewhere, but I think my question does seem appropriate for this thread: Does Fidelity add any "uplift" to the Expense Ratio on a Vanguard Fund, or just the $75.00 transaction fee on the purchase? i.e. if Vanguard indicates an ER of .08 (for example), is that what you will pay via Fidelity also?
NowRetired is offline   Reply With Quote
Old 04-21-2010, 05:20 PM   #33
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
audreyh1's Avatar
 
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,008
Just the $75 up front to buy shares. After that it is just like owning it though Vanguard - same expense ratio*. No charge to sell shares. No charge for automatic reinvestment of shares.

So if it is a one-time buy-in type deal, it's not so bad.

* One key point though - you can only buy the regular Vanguard shares. Vanguard has available slightly lower cost "Admiral Shares" for direct customers who have enough $$ invested through Vanguard. These Admiral Shares are not available through Fidelity.

Audrey
__________________
Retired since summer 1999.
audreyh1 is offline   Reply With Quote
Old 04-22-2010, 06:24 AM   #34
Full time employment: Posting here.
 
Join Date: Feb 2008
Posts: 920
In similar situation, invested in several Vanguard funds thru USAA brokerage. It is really nice to have your investments at Vanguard pop up on the USAA accounts page with the rest of our crap insurance, banking, etc.

However we recently initiated some transfers of funds to Vanguard proper as we've figured out that with some rearranging we can get admiral shares, something you can't do if held thru brokerage.
tuixiu is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Fidelity Freedom Fund 2015 BillNOVA FIRE and Money 0 08-20-2008 04:39 PM
Recommendations on Vanguard Fund for ROTH transfer SingleMomDreamer Young Dreamers 8 07-30-2007 10:34 AM
Fidelity 4 in 1 fund rpow53 FIRE and Money 1 07-02-2007 07:40 PM
Please help me pick a Fidelity Mutual Fund ADJ FIRE and Money 18 11-13-2006 08:43 AM
New Fidelity Fund JPatrick FIRE and Money 4 10-11-2005 08:00 AM

» Quick Links

 
All times are GMT -6. The time now is 03:04 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.