@Rasec
Concerning Vanguard, the 50k balance in order to get the permanent $7 trades needs to be in Vanguard products, not overall balance held at the brokerage, individual stock holdings do not count. However, it can be an accumulation of different funds/accounts that are under the Vanguard umbrella, i.e., 401k, Roth IRA, Traditional IRA, brokerage account, including any investments that a spouse could have with Vanguard. If those investments excluding individual stock holdings add up to 50k then you get $7 dollar trades, 500k and those trades drop to $2 trades, any balance over 1 million well...you get the picture.
https://investor.vanguard.com/what-we-of...t-a-glance
@anyone out there
I have been looking over my Vanguard account (tax time) and I knew they have the ability of online bill pay, free checking, a visa, ect ect ect but never really thought about using these services. The reason is that I'm extremely happy using two different credit unions, my wife uses Wells Fargo. However, it would be nice to downsize a bit and simplify everything under one or two banking outlets. The only thing is that Vanguard doesn't offer full banking services, no car loans or mortgages, no such services that I'm aware of at the moment.
Does anyone use their brokerage for everything? That would be nice. IMHO.
I also did a re-evaluation on my Vanguard, in other words, I compared it to other brokerages to see if there is a better place to save dollars. I guess call me a creature of habit, the fact I've grown with Vanguard for 20 years and they continue on improving I'll stay for the time being. I'm extremely happy with them but I'll keep one eye open, periodically.
These were the brokers I was checking out, I still like the clean feel of Vanguard, everything works, no hiccups.
http://www.dogsofthedow.com/tdbrokers.htm
Concerning Vanguard, the 50k balance in order to get the permanent $7 trades needs to be in Vanguard products, not overall balance held at the brokerage, individual stock holdings do not count. However, it can be an accumulation of different funds/accounts that are under the Vanguard umbrella, i.e., 401k, Roth IRA, Traditional IRA, brokerage account, including any investments that a spouse could have with Vanguard. If those investments excluding individual stock holdings add up to 50k then you get $7 dollar trades, 500k and those trades drop to $2 trades, any balance over 1 million well...you get the picture.
https://investor.vanguard.com/what-we-of...t-a-glance
@anyone out there
I have been looking over my Vanguard account (tax time) and I knew they have the ability of online bill pay, free checking, a visa, ect ect ect but never really thought about using these services. The reason is that I'm extremely happy using two different credit unions, my wife uses Wells Fargo. However, it would be nice to downsize a bit and simplify everything under one or two banking outlets. The only thing is that Vanguard doesn't offer full banking services, no car loans or mortgages, no such services that I'm aware of at the moment.
Does anyone use their brokerage for everything? That would be nice. IMHO.
I also did a re-evaluation on my Vanguard, in other words, I compared it to other brokerages to see if there is a better place to save dollars. I guess call me a creature of habit, the fact I've grown with Vanguard for 20 years and they continue on improving I'll stay for the time being. I'm extremely happy with them but I'll keep one eye open, periodically.
These were the brokers I was checking out, I still like the clean feel of Vanguard, everything works, no hiccups.
http://www.dogsofthedow.com/tdbrokers.htm