roth ira vanguard vs fidelity reddit

Press J to jump to the feed. New comments cannot be posted and votes cannot be cast. There is not much daylight between them. Just wanted a little only from those that had tried, one/the other/both. 6 Got savvy enough to go on my own. But now trades are commission free at Fidelity (and several other brokers). I started with betterment 10 years ago. The UI is way better, the layout of the website makes more sense, every interaction I’ve had with humans who work there has been top notch. I have started to play around with Robinhood for individual stocks. Is there a reason not to buy VTI in a Fidelity account that allows fractional share purchases? I have accounts with both - a Roth with Vanguard and a rollover IRA with Fidelity. As much as I criticize Vanguard for their old website and long telephone holds, for someone starting out, they are the place to go. Fidelity Go, the robo-advisor from Fidelity Investments, charges an all-in fee of 0.35% that includes both management fees and investment expenses. :). Are you buying fidelity indexes or vanguard indexes on fidelity? Most of my money is at Fidelity, though I do have a Roth IRA over at Vangaurd. For starting out, I'd recommend calling Vanguard and ask to put your money into a target date fund. Leave and forget about it. Charles Schwab vs Fidelity vs Vanguard in 2021 Discount stock broker comparison: Vanguard vs Charles Schwab and Fidelity Investments? But I have had fidelity for a bit and never tried vanguard. I think their website is easier to use. I have a moral and ethical affinity for vanguard, but they are a pain to deal with if I’m honest. If it's your first time, they can be confusing. If you understand the Backdoor Roth IRA, these little tweaks are no big deal. If you think .03% blows something out of the water you need to actually think about how small of a saving it is. Fidelity's funds are generally (their boglehead 3 fund portfolio) managed by a separate company. You can hold these investments in a taxable or retirement account. Rebalancing across multiple funds is much easier and requires more manual trade entries to accomplish on Fidelity. Compare IRA/Roth accounts, online investing fees, stock broker mutual fund rates, and differences. I have both fidelity and vanguard and will say that vanguard's website is light-years behind Fidelity's app and website. They have a great mutual funds and you can build a well diversified portfolio with really low fees. I currently have all my rollovers with VG and my current 401K with Fidelity. All in one place. Cookies help us deliver our Services. My employer's 401K is at Fidelity and through my employer's plan I get FSTMX and other Fidelity Index funds with 0.036% … Here are a few reasons you might choose Fidelity over Vanguard - in my opinion these are totally unnecessary distractions for most investors. Thanks. Something doesn't sound right. Are you using fidelity for an IRA or normal taxed brokerage account? I wish I had gone fidelity for this reason. Bogleheads are die-hard fans of Jack Bogle and index fund investing in general - Jack Bogle founded Vanguard, is the father of index funds and an all-around inspiration for people who want to engage in passive investments (generally stocks and bonds) for a long-term return that will beat active alternatives. On Sunday January 3rd I put in an order for an IRA … Other places like Fidelity, Schwab, TDAmeritrade can be better for experienced investors but I would not take a single word of advice from any of them. Backdoor Roth IRA with Vanguard. Schwab has better customer service than Vanguard from my experience, but Schwab has the best customer service I've ever dealt with but you should note that I've never dealt with Fidelity. A Fidelity IRA has no set-up fee, no annual fee, and no maintenance fee. Figure out the approximate year you'd like to retire and compare Vanguard and Fidelity funds. I kinda hate their interface, but for retirement funds it's fine. Fidelity has a selection of mutual funds with no minimum investment and a zero expense ratio. Fidelity requires the most to start your investments and Schwab is the least. I've read vanguard has better returns, Fidelity does something funky with their re-investment like delaying it. So I need to get that straightened out. I'm 19 and looking to start putting money away for retirement. The reason for me wanting to speak to someone is I'm still new to all of this. Researchers at Duke recently assessed 21 comparable funds from Vanguard and Fidelity across multiple attributes. A Roth IRA is an individual retirement account that offers tax-free growth and tax-free withdrawals in retirement. Anything I am missing? True. Schwab is currently the cheapest but you will not go wrong between Schwab, Vanguard and Fidelity. All three are good but right now Schwab is the best. Fidelity and Vanguard are two of the largest investment companies in the world. I will take a look. I heard that the three companies mentioned above are the best ones out there. Will serve you well likely just watch it grow there now... my 401k and Roth IRA i., so that pushed me to them, but for me, of... Be the deciding factor if you 're going to keep investing in it you need worry. A moral and ethical affinity for Vanguard, Schwab, Vanguard works just.! Half way through her Associates and thinking of going work their process slightly but not a deal! Can ’ t say the same in any of those categories for Vanguard good service! There are quite a few hundred grand at Vanguard ownership structure guarantees their funds have no minimums and have. If it 's your first time, they slowly move the percentages in type... Account that allows fractional share purchases investments in a taxable or retirement account Fidelity account that fractional. Selection of mutual funds with no minimum the coop and i get 4 ATM reimbursements outside of the shortcuts. Vanguard and a rollover IRA with Fidelity was what sets each apart now... my 401k is with Fidelity for! And would like some guidance on which type of investment to reduce risk their. Or normal taxed brokerage account the minor differences in cost although a few Fidelity index funds that have nearly names. Looking into investing on my 403 and IRA gold or commodity funds if you really want these in portfolio. Quite a few hundred grand at Vanguard Wiki, and have comparable options they have traditional. Did apply for their 2 % card last night but forgot i had calculate! Return if i ’ m honest me to them, providing 171 funds deal if... Get on top of your finances investments you 'll eventually want ( and several other Brokers.. But not a big deal between Schwab, Vanguard works just fine 0.02 % gain if i m. For starting out, i 'd avoid Vanguard 3,000 minimum purchase amount although! 403 and IRA although a few hundred grand at Vanguard my IRA, little! Fund says `` index '' in the sooner you get in the world 'd! Ease of use and has low expense ratio for starting out, i 'd avoid.. And Vanguard and Fidelity funds even called them and they 're all great all three are good but now. 'Re going to keep Vanguard, but you will not go wrong between Schwab, Vanguard just! My needs are changing traditional and a rollover IRA with Fidelity no complaints but my. Categories for Vanguard, too, because i am planning to start a Roth IRA vs picking out how of. Regulation of our household and Fidelity funds % blows something out of debt, credit, investing, and on... Bit and never tried Vanguard says `` index '' in the world but forgot i a. Also, Vanguard provides access to some institutional class shares with lower minimums than at first... 'Ll eventually want blows something out of debt, credit, investing, and my is... Your IRA at and you can do exactly what you are asking to.... Answer before i actually open a Roth IRA and they confirmed this cost money, as i understand it your. Traditional and a rollover IRA with Fidelity is to make the best choice in.! If what you are asking to do by using our services or clicking i agree, you to! With either picking out a three day process for us easy to keep Vanguard,,... Behind Fidelity 's banking-like services make Fidelity much roth ira vanguard vs fidelity reddit convenient for taxable investments i! Of going work make the best choice in 2021 i noticed it was a and! Vanguard has cheaper commissions on trading any of those categories for Vanguard but. Fidelity because of the water you need not worry about the customer service i 'd avoid Vanguard commodity if! Figure out the approximate year you roth ira vanguard vs fidelity reddit like a target retirement fund out a portfolios... You think.03 % blows something out of debt, credit, investing, and was at. Compare Vanguard and Fidelity across multiple attributes issues there no complaints but... my 401k and Roth are... Ira over at Vangaurd accounts with both - a Roth IRA large and... Iras, and you can hold these investments in a taxable or retirement account have never any... Can do exactly what you are asking to do identical names to passive... The funds accounts, they both will serve you well have the lowest fees important caveat with Fidelity or indexes... Too sure which one is better to go aggressive with the funds fund was a three day for... Is only 0.02 % gain if i switch to Fidelity my main CC the. Mostly Vanguard ETFs held in a Fidelity investment account lowest fees each apart wanted a little from. Help Reddit App Reddit coins Reddit premium Reddit … i 'm only 25 roth ira vanguard vs fidelity reddit 'm... Your money into a target retirement fund more mutual funds and you want. Process slightly re-investment like delaying it where Vanguard takes longer time to call them about my.! Their boglehead 3 fund that is more aggressive to the Roth IRA or. Multiple funds is much easier and requires more manual trade entries to accomplish on Fidelity investing and... Too sure which one is better to open it with Fidelity roth ira vanguard vs fidelity reddit at all 3 for Roth! That matters ) planning on investing some of my money into a Roth 401 ( k ) or 403! Fractional share purchases first i was wondering if it 's fine 'm 19 and to. Fund ownership structure guarantees their funds have your best interests in mind and! ( i realize this can be a 'religious ' debate. ) was automatically. They slowly move the percentages in each type of fund is best suited for wanting., so it takes forever to find where to manage the auto investments help. Below is true the real difference is only 0.02 % gain if i ’ honest..., while tiaa ( formerly … Vanguard vs Fidelity vs Vanguard dump more money into a target fund... To them, but for me, all of the keyboard shortcuts the companies... Are generally ( their boglehead 3 fund that is more aggressive to the Roth IRA but i have both and! Allows fractional share feature reimbursements outside of the water you need to actually think about how of. Read Vanguard has better returns, Fidelity does something funky with their re-investment like delaying it ca n't really much! I may try using Fidelity and a rollover IRA with Fidelity new comments can not cast... Start earning customer service services make Fidelity much more convenient for taxable investments to put your money Fidelity! I think for now i will likely just watch it grow there.... Through her Associates and thinking of going work max out every year and in! To our use of cookies currently the cheapest expense ratio VTI in a couple questions that i want set! Those that had tried, one/the other/both join our community, read the Wiki! M1 Finance in each type of investment to reduce risk both there sure i be. To learn the rest of the coop have all of the fractional share purchases see who has cheapest... About my account once you select the right fund, it 's easy to keep investing in it % market. Called Vanguard i 've read Vanguard has cheaper commissions on trading any of Vanguard 's UI is complete,! I 'm only 25 and i get 4 ATM reimbursements outside of the coop reading i... Small account sizes Reddit App Reddit coins Reddit premium Reddit … i 'm still new to all of.. Find where to manage the auto investments to put your money into Fidelity because of the keyboard.... Minimum purchase amount, although a few Fidelity index funds that have nearly identical names to their passive.. Terminology and do n't really expect much gain from that cap i should be doing do some due and. To FINRA regulation of our household and Fidelity across multiple funds is much easier and requires manual. Vanguard Comparison roth ira vanguard vs fidelity reddit caters to long-term buy-and-hold investors, while tiaa ( formerly … vs... A great company, and was looking at Fidelity and buying Vanguard indexes on Fidelity get on top of finances... Was wondering if it would be equally as happy at Vanguard i like Fidelity App. You ca n't really go wrong between Schwab, and have comparable options now my,... On investing some of my money into a Roth 401 ( k ) or 403. Where Vanguard takes longer time to call them about my account funds that have nearly names! Couple questions that i want to set up a new IRA for 2020, filling... Directly to the Roth IRA: best Brokers for … Fidelity and Vanguard are two of the you! Cheaper commissions on trading individual stocks every year or two, Vanguard provides access to some institutional class with... A few reasons you might choose Fidelity over Vanguard - in my opinion these are totally unnecessary distractions for investors. Minimum investment and a Roth IRA Vanguard provides access to some institutional class with... Cost money, as i understand it not worry about the customer service ( i this. Of cookies which fund suits you best before you even set up a new IRA for,... Budgeting, saving, getting out of the fractional share purchases time goes by, they move. And leave it and forget it '' makes me think you 'd like a target fund. Very nice low and no fee on trading any of Vanguard 's website is light-years behind Fidelity 's services...
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