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Isn't it equally likely the opposite - your comment presumes that Vanguard is using money from passive to prop up active, whereas it could also be that money fr
by no-name-here 7mo ago
Isn't it equally likely the opposite - your comment presumes that Vanguard is using money from passive to prop up active, whereas it could also be that money from active is already being used to lower fees on passive?
- benjaminklick 7mo agoAnd what happens if active fails? Then passive would take the hit even though people go with Vanguard specifically for the low-risk passive.
- david-gpu 7mo ago> And what happens if active fails? Then passive would take the hit What specific concern do you have in mind? Are you aware that the corporate structure of Vanguard is that it is the funds who own the company, not the other way around? https://corporate.vanguard.com/content/corporatesite/us/en/corp/why-vanguard/sets-us-apart/ownership.html https://corporate.vanguard.com/content/corporatesite/us/en/c...
- red-iron-pine 7mo agowhy would the passive funds collapse? or the business? why would the active funds fail? if you have 1.1 million in the bank you can afford to take $500 to poker tables