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Old 06-07-2007, 05:50 PM   #21
Thinks s/he gets paid by the post
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Location: Mid Hudson Valley
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For many years I had multiple brokerage accounts. Now just VG. Trying to keep it simple...

In a panamax down by the river.
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Old 06-09-2007, 08:52 AM   #22
Full time employment: Posting here.
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Join Date: May 2007
Posts: 544
I'm just getting started with this ER stuff so I expect things will change as I learn more ~ especially about indexing, etc.

I currently use two brokerage accounts - Ameriprise and Wachovia.....but as I am listening to those here that "follow a different path ".....I DID just open a MM account with Vanguard with the expectation that (as I learn) I will move other funds there as well..... you see....I AM listening

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Old 06-09-2007, 10:53 PM   #23
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Join Date: Dec 2006
Location: Florida
Posts: 249
Just one for convenience, if you are under the $500K limit or whatever for insurance. The odds of anything bad happening are very small, but having a 2nd account at a different brokerage would diversify you from embezzlement or brokerage bankruptcy or similar risks. Most investors are quite competent to wipe themselves out, no help needed from the broker...similar to a gambler in the casino! Good luck.
I've got nothing against an honest day's work, provided that someone else does it.
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Old 06-10-2007, 06:07 AM   #24
Give me a museum and I'll fill it. (Picasso)
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Join Date: Feb 2005
Location: Central MS/Orange Beach, AL
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Fidelity here. I do have some money with PenFed but only use Fido for brokerage services.

Retired 3/31/2007@52
Full time wuss.......
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