- May 30, 2013
- Reaction score
That place has minted more profoundly rich nerds than Silicon Valley. There's a decent book about them.
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Reasons like this are why my FA told me to buy Vanguard mutual funds through ETrade. VTSAX, VTIAX, and VBTLX are NTF funds.So Vanguard returned an IRA rollover check because we did not say where to invest the funds though it was discussed on the phone. Quicker option was submit deposit via taking picture of the check like you do at your bank. This experience left me amazed they still do not do electronic funds transfers and it takes like a month or two to complete the process but you can submit checks on your phone. The whole process is a racket.
Weird that the returns are that disparate. Not a good lookAlso saw Jim Simons is stepping down. Medallion fund was up 70+% last year while their public facing fund was down over 30%. Anyone ever met someone that worked at Renn Tech? I assume they are a quirky bunch to say the least.
We will be almost Vanguard exclusive except for my wife’s 401k. We had about half at Fidelity but their interface is a nightmare and there are multiple entrance points so you can have various looks depending on where you login.Reasons like this are why my FA told me to buy Vanguard mutual funds through ETrade. VTSAX, VTIAX, and VBTLX are NTF funds.