Personal Investments • Move ALL my money to Vanguard?

I have zero assets at vanguard but a large percentage of holding in vanguard products because etfs can easily be held anywhere and I have used that to move them around generating thousands of dollars of bonuses.

Even if I were inclined to chase the bonuses, I'd quickly come out behind just on lower yields in sweep and money market funds at Vanguard alternatives.

Only if you don't know what you are doing because you don't have to keep any money in sweep accounts and many good money market funds or etfs are available everywhere and you would need a lot of such drag to use up thousands of dollars.

I know what I'm doing. I choose to keep enough in money markets that it would create a lot of drag at Vanguard alternatives, all of which have higher expense ratios and lower yields. I also don't have to closely monitor my sweep accounts to avoid ever having any cash earning bank interest rates. On top of that, the Idea of repeatedly moving accounts just to get transfer bonuses doesn't appeal to me. Vanguard works perfectly for me.

Statistics: Posted by Rocinante Rider — Fri Jun 14, 2024 5:59 am — Replies 19 — Views 2039

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