I suppose you can buy etfs through another broker but whatever you do don't get a broker account with vanguard. They do not want you to trade. The minute you start trading you are confronted by a system so confusing and slow to update you have to wait a week to figure what went through. If you try to contact anyone either they can't speak English or they pretend they can't. They'll be sure to include long paragraphs about various securities regulations that have little or nothing to do with what you ask them. It makes you wonder about the mutual fund side of the company. If someone told you put all your money here and never take it out would you be suspicious?
i was with vanguard for many years, no problems, great service. i did recently switch everything to schwab because their trading platform offers so many more options. i still invest heavily in vanguard ETFs however; high volume index trackers that get the job done.
I disagree. I have been with vanguard since around 1979. i have bought stocks, etf's, mutual funds and muni's. there was never a problem. the brokers are not foreign (you may be mistaken by southern accents?). however, the fee for a trade is too high compared with other brokers. but, once you have over 1 mill. They drop the fee significantly.
U need to research 'fine print' before trading with V. brokerage, overall I give good rating however, early, I learned that they DO discourage anything that looks like 'flipping' stocks. OOPS, one time..who knew? They will 'shut U down' for ONE year if u are deemed frequent trader (two or three flips in years time)
been a brokerage customer 10 years and 17 years with ira abnd 401k accts. lowest cost etfs plus trade them FREE!!!! All stocks 7 bucks. Never spoke to a foreign voice ever! Retired now and clipping coupons mostly. just a great place to stash your money
I am a Senior Citizen and I use the Vanguard brokerage for everything I buy and sell ...do you realize that you go online with Vanguard.com and buy and sell yourself ...you make your own decisions. You must be doing something wrong.
The only discouragement to trading is on the mutual fund side where some funds have an exit fee if one trades too often but that is normal. I have never had a Vanguard professional who wasn't a primary English speaker who was understandable to my 73 year old ears. I do all my own ETF trading online and never had any difficulties and when I sell covered puts and deal with a brokerage rep they are always very helpful. I have never been disappointed with my Vanguard responses. I don't think they need customers like the one complaining. He must be a very high maintenance person.
Buffett wrote a column encouraging people to buy stocks, but what is implied is that he sold all this stocks in his personal account sometime during the boom. This is the part that Vanguard and others always ignore. They want you to buy and hold so it's easy for them but in order to make money you do have to sell sometime. To claim like Bogel does that holding forever is borderline fraud. We've seen some major companies collapse in the last few weeks and I wouldn't be surprised if Vanguard takes a similar fall at some point. It's inevitable that their arrogance will catch up.