When you input 14bp into a calculator and divide by ZERO bp to find the difference all you get is an “ERROR” message. Lol. If I were Fidelity, I would be running that ad tomorrow. Of course there would be no one to answer the phone tomorrow at Vanguard to explain.vineviz wrote: ↑Sat Aug 11, 2018 8:46 pmHigher and “excessive” aren’t the same thing, you know.UpperNwGuy wrote: ↑Sat Aug 11, 2018 8:11 pmYes, it is excessive.... compared to Admiral shares, compared to Schwab, and now compared to Fidelity.rkhusky wrote: ↑Sat Aug 11, 2018 6:55 pmThe ER for Investor shares is not excessive, it is very reasonable. Paying $14 or less per year is very reasonable for the web site access, basis tracking, tax forms, telephone support, etc., that Vanguard must perform for every account. In fact, I would guess that it doesn't really cover the full cost and the rest of us have to pick up the balance.passiveTiger wrote: ↑Sat Aug 11, 2018 3:47 pm There is a substantial amount of assets in VTSMX. Those people are paying excessively for it, and they can pay much lower elsewhere.
Regards,
John