October 29, 2014
What is benefit of going to Vanguard.com to invest your money?
What is benefit of going to Vanguard.com to invest your money?
Vanguard offers no load index fund that you pay a very small fee to invest in. It allows you to easily diversify your investment so you have a lower risk of loosing your money and a greater risk of making money.
Vanguard offers the best products at the best price, they have index funds that usually out preform the managed accounts at a much better cost. You can buy funds for as low as .05% a year. Compared to other investment firms Vanguard is out for the customer the most. It is a not for profit company that will pass the savings on to you. Vanguard does not ask you constantly to try out there most expensive accounts instead of there cheep index funds, they do offer managed funds but they do not push you to them.
The Haag brothers came in with some very good answers. Let me add to their comments.
Vanguard is the largest mutual fund company in America with over 3 Trillion dollars under management. They provide the average investor a chance to invest at a very low cost using those very cheap index funds, while paying no commissions (avoid the helpers along the way).
Keeping those costs low will ultimately increase your return over time in some very big ways. Start exploring this company today and consider the possibilities of owning markets (stock and bond markets) all over the world at a cost of under .2% (some people can get that cost under .1%).
You can see a list of recommended index funds by hitting on the investing basics tab on this website. Explore!