Author Topic: What do you think about this article on Vanguard? Concerned mustachian  (Read 1510 times)


matchewed

  • Magnum Stache
  • ******
  • Posts: 4322
  • Location: CT
Re: What do you think about this article on Vanguard? Concerned mustachian
« Reply #1 on: December 07, 2015, 01:14:07 PM »
http://forum.mrmoneymustache.com/investor-alley/vanguard-forced-to-raise-fees/

In short there is such a small chance that Vanguard will raid their customers accounts to pay for a fine now. If anything they'd raise their fees which would give the breathing room for other companies to do the same and you'd still have the same small handful of companies who offer low cost index fund investing. You just might see higher fees.
« Last Edit: December 07, 2015, 01:15:41 PM by matchewed »

Exflyboy

  • Walrus Stache
  • *******
  • Posts: 6240
  • Age: 57
  • Location: Corvallis, Oregon
  • Expat Brit living in the New World..:)
Re: What do you think about this article on Vanguard? Concerned mustachian
« Reply #2 on: December 07, 2015, 01:27:08 PM »
Yes even the version of the article I read said the fund holders would not be on the hook for any back taxes

arebelspy

  • Administrator
  • Senior Mustachian
  • *****
  • Posts: 27889
  • Age: -999
  • Location: Traveling the World
What do you think about this article on Vanguard? Concerned mustachian
« Reply #3 on: December 07, 2015, 01:36:39 PM »
Mod note: Locking duplicate thread. Use matchewed's link to discuss.  Thanks!
We are two former teachers who accumulated a bunch of real estate, retired at 29, and now travel the world full time with two kids.
If you want to know more about me, or how we did that, or see lots of pictures, this Business Insider profile tells our story pretty well.
We (rarely) blog at AdventuringAlong.com. Check out our Now page to see what we're up to currently.