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Old 11-26-2007, 11:05 AM
DesertCat DesertCat is offline
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Join Date: Aug 2004
Location: Pwned by A-Rod
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Default Re: BFI November [censored] thread

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Why does everyone recommend Vanguard for index funds? Fidelity's expense ratio is 0.10% to Vanguard's 0.19% from what I can tell.

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I will admit my reasons are partly laziness. I don't want to spend my time researching index fund providers. I can send a newbie to Vanguard and know they will do fine and not get ripped off. I am actually a fidelity customer, but have never considered their funds. They are a good company but my experience has been they are higher commission, and higher fees than the discounters. Sounds like you found an exception.
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