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Old 08-06-2012, 02:46 PM   #21
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Originally Posted by Onward View Post
Does your balance often drop below $10,000? If so, what happens to your admiral shares? That's the issue that's kept me from converting to admiral.

The minimum is $50k and I don't ever go below that. My understanding is that if you go below the admiral amount that Vanguard will notify you at some point to either buy back up to the minimum requirement or that you will be converted to investor shares.
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Old 10-05-2012, 10:03 PM   #22
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woohoo!! I just checked my online banking and the $$$$ from sale of my townhouse has magically appeared in my checking account.


Now to see if the little yellow housie passes inspection.....Monday's the day.

P.S. What's the FDIC limit nowadays? I'm wondering if I need to split the bucks between two banks.
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Old 10-06-2012, 12:03 AM   #23
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Originally Posted by kyounge1956
woohoo!! I just checked my online banking and the $$$$ from sale of my townhouse has magically appeared in my checking account.


Now to see if the little yellow housie passes inspection.....Monday's the day.

P.S. What's the FDIC limit nowadays? I'm wondering if I need to split the bucks between two banks.
Wonderful! I am so happy for you.

(I think it is still $250K, for a single person, but good idea to check on that.)
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