Join Early Retirement Today
Thread Tools Display Modes
Newbie Vanguard EFT question
Old 04-24-2008, 10:39 AM   #1
Full time employment: Posting here.
Ronnieboy's Avatar
Join Date: Feb 2008
Posts: 748
Newbie Vanguard EFT question

O.K., I am a newbie and I was under the impression that if I purchased Vanguard EFT's through my account at Vanguard on their website, there wouldn't be any commission fees. Isn't that was Vanguard is famous for, low expense ratio and (I thought) no commission on their own EFT's.

I was just about to purchase some VTI and in doing some reading it seems there is a commission. I just want to confirm this with anyone else on this board who has purchased VG EFT's and make sure it just isn't my eyes going buggy at this point

Ronnieboy 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 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 04-24-2008, 11:48 AM   #2
Gone but not forgotten
Join Date: Jan 2007
Location: Sarasota,fl.
Posts: 11,447
Yes they have brokerage commisions
Moemg is offline   Reply With Quote
Old 04-24-2008, 12:35 PM   #3
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
If you want 100 free commissions per year, then open a PMA at WellsFargo and keep $25K there in investments. Not only can you purchase all the ETFs you want, you can even purchase Vanguard mutual funds without a commission. The WF PMA is so good with free everything, you can even ditch your current checking account.
LOL! is offline   Reply With Quote
Old 04-24-2008, 03:17 PM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
clifp's Avatar
Join Date: Oct 2006
Posts: 7,733
What you can do is purchase the Vanguard Total Stock market fund commission free.
In general you are better off purchasing the funds rather than ETF especially if you have 100K or more an can purchase the lower cost admiral fund. Vanguard has a handy calculator to let you see which is cheaper the ETF or the fund.

Vanguard brokerage charges relatively high commissions ~$25 vs ~$10 for most major discount brokers. So if having an existing broker I'd stick with them to buy the Vanguard ETF, if you simply want to invest money in say the total stock market as long term investment open an account with vanguard and the fund.
clifp is offline   Reply With Quote


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
Pension Question, Newbie on Forum Porkenstein Other topics 5 07-22-2007 03:19 PM
Calculating FIRE date / portfolio (newbie question) Webzter Young Dreamers 7 07-02-2007 12:17 PM
Newbie question(s)! devo Young Dreamers 1 07-01-2006 10:56 AM
Newbie question getwet Young Dreamers 5 06-13-2006 06:09 PM
Newbie question about MPT (Modern Portfolio Theory) Van FIRE and Money 6 05-10-2006 07:09 PM

» Quick Links

All times are GMT -6. The time now is 04:25 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.