Do you invest with more than one mutual fund company?

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coldman
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Do you invest with more than one mutual fund company?

Post by coldman » Thu Mar 22, 2012 1:54 pm

The more I have looked into investing with other mutual fund companies the better Vanguard turns out to be all the time. The expenses from almost every other company kill your profits. Do you invest with more than one mutual fund company? Do you only buy investment products through Vanguard? I think it is the only place I should shop for mutual fund products. Please share your thoughts. :moneybag :moneybag :moneybag :dollar

livesoft
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Re: Do you invest with more than one mutual fund company?

Post by livesoft » Thu Mar 22, 2012 2:01 pm

Our 401(k)s and 403(b) do not have Vanguard funds, so we have to use other mutual fund companies.

Even so, Vanguard does not have a small-cap emerging markets fund which is something I definitively want to own.
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tludwig23
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Re: Do you invest with more than one mutual fund company?

Post by tludwig23 » Thu Mar 22, 2012 2:07 pm

Vanguard does not accept Profit Sharing Plans, so mine is at Fidelity. Fidelity does have a few good, low cost index funds (under the Spartan name). I use them for TSM and Intermediate Gov't Bond. For most else I buy the Vanguard ETFs, except TIPS, which I buy as individual 30 year bonds since Fidelity charges no commission.
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dbr
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Re: Do you invest with more than one mutual fund company?

Post by dbr » Thu Mar 22, 2012 2:13 pm

Sure, other companies can have acceptable alternatives depending on what is available in various retirement plans or for certain needs.
Examples could include stable value funds in 401K's, the PIMCO targeted duration TIPS ETF's, state specific muni bonds at Fidelity for states Vanguard does not address. In my 401K there are excellent investment trusts covering a variety of asset types that are from, for example, State Street Global Advisors, that are cheaper than any offering from Vanguard and seemingly well managed, as well as other funds from various sources.

ilmartello
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Re: Do you invest with more than one mutual fund company?

Post by ilmartello » Thu Mar 22, 2012 3:39 pm

Ishares has some good low cost index etf's

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Ice-9
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Re: Do you invest with more than one mutual fund company?

Post by Ice-9 » Thu Mar 22, 2012 3:46 pm

Like Livesoft, my employer did not select Vanguard for our workplace retirement accounts.

My 401 plan is with Fidelity. I use one Spartan fund with 0.07% er, as well as their self-directed brokerage to access Vanguard and iShares ETFs along with a couple of individual TIPS and CDs.

My 457 plan is with ING, which offers some inexpensive SSgA commingled index funds. The S&P 500 fund and the Total Bond Market fund are both 0.10% er. The ING self-directed brokerage option was far more expensive to use than Fidelity's, so I decided to just go with the SSgA index funds there.

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bob90245
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Re: Do you invest with more than one mutual fund company?

Post by bob90245 » Thu Mar 22, 2012 4:10 pm

Re: Do you invest with more than one mutual fund company?

We are talking about options at your sole discretion, right? Because I don't have a choice of mutual fund company my employer offers.

But in both my taxable accounts and traditional and Roth IRAs where I place funds with high distributions, they are with Vanguard.
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cheese_breath
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Re: Do you invest with more than one mutual fund company?

Post by cheese_breath » Thu Mar 22, 2012 4:41 pm

I use two, Vanguard and TIAA-CREF. My only money in TIAA-CREF is in their 3% guaranteed TIAA traditional investment. (I got in before they reduced the rate guarantee.) I'm currently earning around 4% in the traditional IRA and a little more than 3% in the Roth IRA. If it wasn't for this investment option I would transfer everything to Vanguard.
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rob
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Re: Do you invest with more than one mutual fund company?

Post by rob » Thu Mar 22, 2012 5:09 pm

I have always used Vanguard (mostly) and Bridgeway (for the micro cap "index" fund) but in the past have heavily used Fido, Schwab and UNFORTUNATELY Putnam for 401K plans (current 401K is private funds). I did have accounts in TIAA-CREF for my kids but moved them to Vanguard to simplify things a little.
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mickeyd
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Re: Do you invest with more than one mutual fund company?

Post by mickeyd » Thu Mar 22, 2012 5:34 pm

Vertually 100% of my investable assets are in VG index funds with an AA of 60/40.

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Van
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Re: Do you invest with more than one mutual fund company?

Post by Van » Thu Mar 22, 2012 5:39 pm

NO. All Vanguard. Occasionally, it kind of worries me, having all my eggs in one basket. No lost sleep, however.

Sam I Am
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Re: Do you invest with more than one mutual fund company?

Post by Sam I Am » Thu Mar 22, 2012 6:08 pm

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peppers
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Re: Do you invest with more than one mutual fund company?

Post by peppers » Thu Mar 22, 2012 6:47 pm

Vanguard IRA's and FIDO 401k.
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stevewolfe
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Re: Do you invest with more than one mutual fund company?

Post by stevewolfe » Thu Mar 22, 2012 6:49 pm

Vanguard and T. Rowe Price.

jginseattle
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Re: Do you invest with more than one mutual fund company?

Post by jginseattle » Thu Mar 22, 2012 6:50 pm

Yes. Fidelity and Vanguard.

scrabbler1
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Re: Do you invest with more than one mutual fund company?

Post by scrabbler1 » Thu Mar 22, 2012 11:04 pm

Mostly with Fidelity but a small amount with Dreyfus. When I was working, my 401(k) was with Principal Financial Group (before I rolled it into a Fidelity IRA).

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White Coat Investor
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Re: Do you invest with more than one mutual fund company?

Post by White Coat Investor » Fri Mar 23, 2012 12:17 am

Schwab and Bridgeway.
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Re: Do you invest with more than one mutual fund company?

Post by Grt2bOutdoors » Fri Mar 23, 2012 7:56 am

Vanguard,TRowePrice and Fidelity. Retirement is at an institutional investment manager with private label collective funds, super low institutional pricing.
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bru
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Re: Do you invest with more than one mutual fund company?

Post by bru » Fri Mar 23, 2012 8:06 am

Yes. Years ago I purchased two funds at T. Rowe Price. Lazily I have left them there until last year when I sold one, so one remains. Similarly I purchased a Scudder fund probably two decades ago. It is now known as DWS. Fidelity has my Rollover IRA, although I did transfer a portion to Vanguard.

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Re: Do you invest with more than one mutual fund company?

Post by hazlitt777 » Fri Mar 23, 2012 7:23 pm

I'm lucky enough to be able to keep everything at Vanguard. The only exception is my employers plan...but there I only use the S&P 500 vanguard fund and compensate by adjusting my other investments to get the bond exposure I want. It is working for now. I really don't like the bond funds my employer's plan offers.

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