Vanguard Brokerage Account

I do. I have only deposited a stock certificate in there so far, but no actual trading. I like how it fits into the normal account view I'm used to.

It's really easy to open one. I had a question about having the MM fund as the sweep acct, since I didn't want to commit the 3K to open it. Turns out you can open it and leave it at zero until you put cash into buy or receive cash from a sale. I just called Vangyard and they took care of everything Over the phone in about 5 min.

I opened one when I opened up my Vanguard account. I haven't transferred anything to it yet. I didn't realize they did a free dividend reinvestment program. All of my stocks are currently in my scottrade account, but I don't really like how the dividend reinvestment works at scottrade (FRIP = Flexible Reinvestment Program).

The main thing that I noticed about Vanguard's brokerage account is the commisions/fees. The first 25 trades only cost you $7, but they are $20 after that (for anyone that has less that $50k in Vanguard funds).


Vanguard Brokerage Services commission and fee schedules

Vanguard Brokerage Dividend Reinvestment Program

What are the trade fees?

I have both with Vanguard. I highly recommend both. With the brokerage account, it is easy to buy and sell stocks on line and the fees are very low. They also provide good research resources. If I knew 20 years ago what I know now, I would have all my investments with Vanguard.

I've only had one for a year, my 16k did not earn me but like 62 cents. I think I'm doing something wrong?

quote:

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money market

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that's it

my wells fargo guy told me it's a very slow growth brokerage account.

i really think i want to do something else with it.

I have a Vanguard brokerage account, 401K, and IRA. I love them.

And, it's definitely about what you hold inside the brokerage account. My rate of return YTD is 12% and 14% since inception in my brokerage.