Well, I've been contemplating moving my assets out of Vanguard. Don't get me wrong, I LOVE VANGUARD, they are the only mutual fund company that works like a credit union and I'm a big fan of credit unions for various reasons. However, I'm thinking about closing my last non 401k mutual fund, Vanguard U.S. Healthcare Fund. It has been great to me over the last 20 years; although, aside from 401k plan mutual funds they kind have run their course for me as an individual investor, DGI investments are for the foreseeable future. Not only do I prefer the hands on control of investing in quality individual stocks with our money, I enjoy reading about the companies I invest in such as articles, financials and the company's web site. It's like a hobby. I know, I better pick up gardening or fishing, maybe bike riding again! Something to get me out of the house more lol.
My Vanguard trades are $7 as long as I have an "x" amount in Vanguard investments, without the last VG fund in my account, those $7 trades go away causing the account unfeasible to maintain due to trade costs. Let's put it this way, the extra cost would drive me insane.
Doing research, it's come down to two brokerages, Merrill Edge and Fidelity. I was really leaning towards ME until I looked at Fidelity and WOW was I impressed with their changes/updates!! My company's 401k account is with Fidelity and I do have an inactive brokerage with them making the move to have everything under one house again very appealing. Seeing all investments except for bank accounts is a really nice feature that helps my financial planning, imho. Sure, I'd be going from $7 trades to $7.95 dollar trades but Fidelity's layout and research tools are bar none, very impressive. Having said that, getting an "x" amount of free trades through ME is also very impressive, because I do enjoy saving a dollar! A dollar saved is a dollar earned.
I never used anything other then Vanguard and Fidelity (old platform), I've been with both for 20 years.
I would be moving two accounts from Vanguard, one brokerage and one ROTH IRA.
Having only used the old Fidelity platform years ago what are your opinions on ME and or Fidelity?
I know a few of you guys use ME but haven't heard anyone talking about Fidelity.
Thank you in advance!!
My Vanguard trades are $7 as long as I have an "x" amount in Vanguard investments, without the last VG fund in my account, those $7 trades go away causing the account unfeasible to maintain due to trade costs. Let's put it this way, the extra cost would drive me insane.
Doing research, it's come down to two brokerages, Merrill Edge and Fidelity. I was really leaning towards ME until I looked at Fidelity and WOW was I impressed with their changes/updates!! My company's 401k account is with Fidelity and I do have an inactive brokerage with them making the move to have everything under one house again very appealing. Seeing all investments except for bank accounts is a really nice feature that helps my financial planning, imho. Sure, I'd be going from $7 trades to $7.95 dollar trades but Fidelity's layout and research tools are bar none, very impressive. Having said that, getting an "x" amount of free trades through ME is also very impressive, because I do enjoy saving a dollar! A dollar saved is a dollar earned.
I never used anything other then Vanguard and Fidelity (old platform), I've been with both for 20 years.
I would be moving two accounts from Vanguard, one brokerage and one ROTH IRA.
Having only used the old Fidelity platform years ago what are your opinions on ME and or Fidelity?
I know a few of you guys use ME but haven't heard anyone talking about Fidelity.
Thank you in advance!!