Sorry, but I couldn't find this topic using search... but my search skills are pretty lame.
All of my investments are at Vanguard, and I'm becoming concerned about having all of my eggs in one basket -- not because I think Vanguard will "fail" but because I'm concerned about account lock-out (it has happened before: for 40+ years I have styled my name as "J. Mortimer Prufrock" rather than "Jehosephat M. Prufrock" which has led to difficulties on occasion, post 9-11).
Thus I have decided to put some investments at Fidelity. My first roadblock is that at Vanguard, everything is in Vanguard funds, so I'd have to sell them, take the cap gains hit, and move cash to Fido. Not good.
However, I will soon have a significant chunk of new cash to invest from a real estate sale, and I'd like to put that at Fido. My thought is to buy iShares ETFs rather than Fidelity funds, so that I have future flexibility to move assets among institutions.
Is this "right thinking?"
Thanks!
All of my investments are at Vanguard, and I'm becoming concerned about having all of my eggs in one basket -- not because I think Vanguard will "fail" but because I'm concerned about account lock-out (it has happened before: for 40+ years I have styled my name as "J. Mortimer Prufrock" rather than "Jehosephat M. Prufrock" which has led to difficulties on occasion, post 9-11).
Thus I have decided to put some investments at Fidelity. My first roadblock is that at Vanguard, everything is in Vanguard funds, so I'd have to sell them, take the cap gains hit, and move cash to Fido. Not good.
However, I will soon have a significant chunk of new cash to invest from a real estate sale, and I'd like to put that at Fido. My thought is to buy iShares ETFs rather than Fidelity funds, so that I have future flexibility to move assets among institutions.
Is this "right thinking?"
Thanks!
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