I read this about Vanguard fees: "Additionally, for no-transaction-fee funds, Vanguard Brokerage Services imposes a $50 redemption fee for all sales within 60 calendar days of the trade date of the most recent purchase."
https://personal.vanguard.com/pdf/vbsfreq.pdfIt's dated 2016, but is this a current policy in 2018?
Over at Fidelity, if your last purchase was a thousand dollars or less, then you can sell it the very next day without penalty. However, if the last purchase was over $1000, then you have to wait only 30 days to sell without violating their trading agreements.
60-day Vanguard redemption period seems like a very long time if one needs to tax harvest immediate losses, and I've never heard any Vanguard clients mention this, especially the $50 fee. Maybe they just eat the $50 fee to harvest. That's why I'm asking if it's a current policy? Thank you for feedback.