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RE: LeoThread 2024-12-20 01:26

in LeoFinance14 days ago

Part 5/7:

To put it into perspective: Think of Vanguard as a grocery store. The platform acts like a membership fee to access the store, while the ETF fees represent the prices of groceries within that store. The recent fee adjustments pertain solely to the costs associated with the store membership, not the groceries themselves.

Evaluating Alternative Investment Platforms

Given the new fee structure, several alternatives become more attractive for small investors. Platforms like Invest Engine potentially offer a less costly avenue for utilizing Vanguard funds, which allows users to sidestep the new minimum fees imposed by Vanguard.