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#11
05-11-2006, 04:31 AM
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Re: Investment Plan
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[ QUOTE ] - I am also going to use firsttrade and invest in the vanguard index 500. The rest of what I have goes in there. [/ QUOTE ] Noob question and potential hijack: If he is investing in an vangaurd index fund, isn't the best play to just go str8 to the Vangaurd website==>minimize fees? [/ QUOTE ] There are no fees using Firstrade to pick up mutual funds, meaning he can diversify funds as needed. 
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#12
05-11-2006, 12:48 PM
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Re: Investment Plan
[ QUOTE ]
[ QUOTE ] - I am also going to use firsttrade and invest in the vanguard index 500. The rest of what I have goes in there. [/ QUOTE ] Noob question and potential hijack: If he is investing in an vangaurd index fund, isn't the best play to just go str8 to the Vangaurd website==>minimize fees? [/ QUOTE ] This is also a good idea.
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#13
05-11-2006, 01:38 PM
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Re: Investment Plan
[ QUOTE ]
[ QUOTE ] [ QUOTE ] - I am also going to use firsttrade and invest in the vanguard index 500. The rest of what I have goes in there. [/ QUOTE ] Noob question and potential hijack: If he is investing in an vangaurd index fund, isn't the best play to just go str8 to the Vangaurd website==>minimize fees? [/ QUOTE ] This is also a good idea. [/ QUOTE ] It depends on your intent... you will generally have more flexibility in a regular brokerage account, than you will opening an account at a mutual fund site. If your long term intent is solely to drop some funds into a family of funds, then there might be some benefit to just going with them.
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