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Message
re: Vanguard or Ameritrade
Posted on 5/15/14 at 4:01 pm to ThatsAFactJack
Posted on 5/15/14 at 4:01 pm to ThatsAFactJack
quote:
Should I go with Vanguard or Ameritrade?
Have you checked the commission fees? What does it tell you?
quote:
FKINX
Why? That fund got hammered in 2008/2009, plus you pay a load and relatively high expense ratio. Maybe you should open the account at Vanguard and use a combo of VEIPX +(VWEHX or BCOIX) to replace FKINX. No loads, significantly lower expense ratios, less risk. I am being a voice of reason here, there is nothing magic about FKINX and most of the junk bonds it owns are more risky than what VWEHX. Then perhaps one would ask themselves if now is a good time to invest new money in junk bonds. You are on your own with MAIN.
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