Quote:
Originally Posted by pavulon
I have a Roth IRA account with an Edward Jones broker. I don't shuffle money around in it and every time I encounter the guy, he will only offer me American funds products (I know they pay him to do that). I'm tired of paying him to get paid by them.
For something like this, are there down-sides to pulling this money and trying a Vanguard Roth? What am I missing?
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By dealing directly w/ Vanguard you give up the expensive hand holding of a local broker
For most people a simple 3 -5 fund Vanguard account will do fine
you should have at least a bit of feel for what your asset allocation ought to be, it will depend on your assets, age, goals etc. place your assets appropriately in a few of Vanguards Index funds