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Descant · 10-29-2017, 05:40 PM

I think Ishoot308 was the first poster to actually answer the question from pjard, and give a local name and recommendation. Well Done.

For those who love Vanguard, they have their place. But if I pay them 0.4% fee, every year or I buy an index ETF for a one time charge of $4.95 which is better? Take 10 years, $10,000 x 0.004 is $40 x 10=$400 management fee. The ETF cost me $4.95, once. If it's $1,000,000 that's $40,000 vs $4.95 over ten years.

10-29-2017, 05:40 PM	#31
Descant Senior Member Join Date: Mar 2006 Location: Merrimack and Welch Island Posts: 4,030 Thanks: 1,209 Thanked 1,509 Times in 982 Posts	I think Ishoot308 was the first poster to actually answer the question from pjard, and give a local name and recommendation. Well Done. For those who love Vanguard, they have their place. But if I pay them 0.4% fee, every year or I buy an index ETF for a one time charge of $4.95 which is better? Take 10 years, $10,000 x 0.004 is $40 x 10=$400 management fee. The ETF cost me $4.95, once. If it's $1,000,000 that's $40,000 vs $4.95 over ten years.