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If you're going to the effort of switching from 0.01% to market rates, you might as well go straight to Vanguard and get 5.2% and pay essentially nothing in oth
by loeg 2y ago
If you're going to the effort of switching from 0.01% to market rates, you might as well go straight to Vanguard and get 5.2% and pay essentially nothing in other fees. I don't think there's much in the way of compelling reasons for retail investors to select IB.
- bluecalm 2y agoI am in Europe so no Vanguard money funds for me (they need to publish KID and for tax reasons they need to be accumulating) but I have chosen one from Blackrock.
- cube2222 2y agoThere’s a ton of Vanguard ETFs in Europe that are accumulating. I believe in the US Vanguard has a retail service too, so you don’t need a broker as the middleman.