Frequency of Vanguard Costs and Charges

ColdIron

So it does

redpete

Albermarle said:

It seems Thrugelmir, one of the most prolific posters, has been banned .

If Thrugelmir has gone the same way as Bowlhead it would be a real loss to the forum.

Bravepants

redpete said:

Albermarle said:

It seems Thrugelmir, one of the most prolific posters, has been banned .

If Thrugelmir has gone the same way as Bowlhead it would be a real loss to the forum.

Agreed, it's posts like Thrugelmir's, Bowlhead, Dunstonh and other patriarch/matriarchs of these forums that have made the biggest impact on my confidence regarding my financial planning.

Edit: Not forgetting ColdIron and jimjames of course!

tebbins

Thrugelmir is/was the nicest person on this forum, how can he possibly have been banned? What in the name of fora are the mods doing?!?

Albermarle

redpete said:

Albermarle said:

It seems Thrugelmir, one of the most prolific posters, has been banned .

If Thrugelmir has gone the same way as Bowlhead it would be a real loss to the forum.

Although his one liners ( usually warning of overconfidence ), were probably not quite as useful as Bowhead's hundred liners .
Hopefully he will be back soon though.

EdSwippet

Albermarle said:
Although his one liners ( usually warning of overconfidence ), were probably not quite as useful as ...

Okay. I'm going to break with the crowd. Sorry. Maybe it's just me, but I found a lot of these one-liners seemed to carry a heavy dose of self-congratulation, condescension, and/or FUD. Not all, but enough.

Albermarle

EdSwippet said:

Albermarle said:
Although his one liners ( usually warning of overconfidence ), were probably not quite as useful as ...

Okay. I'm going to break with the crowd. Sorry. Maybe it's just me, but I found a lot of these one-liners seemed to carry a heavy dose of self-congratulation, condescension, and/or FUD. Not all, but enough.

As a TV Prime Minister once said
 ' You might say that, but I could not possibly comment ' 

Alexland

EdSwippet said:

Okay. I'm going to break with the crowd. Sorry. Maybe it's just me, but I found a lot of these one-liners seemed to carry a heavy dose of self-congratulation, condescension, and/or FUD. Not all, but enough.

We are all human - still a valued regular and am guessing this is just temporary.

Saga

GeoffTF said:

Saga said:

OK, but how, for example, is an investor supposed to know if and when Vanguard have made an error in the fees taken if all it gives is a per cent value but not how and when that proportion is applied?

"OK, but how, for example, is an investor supposed to know if and when Vanguard have made an error in the fees taken if all it gives is a per cent value but not how and when that proportion is applied?"

You cannot. You have to trust Vanguard and the regulator (FCA or the Central Bank of Ireland). The stated transaction costs are not representative of the real transaction costs anyway, as Vanguard has made clear. We still do not have full costs disclosure. Full costs disclosure would favour market weighted trackers.

Fair enough. Thanks for the info. So do investors generally not think too much at all about costs and charges once they've researched, chosen and invested in a fund as long as the amount on the periodic statement doesn't seem "too high"?

GeoffTF

Saga said:

GeoffTF said:

Saga said:

OK, but how, for example, is an investor supposed to know if and when Vanguard have made an error in the fees taken if all it gives is a per cent value but not how and when that proportion is applied?

"OK, but how, for example, is an investor supposed to know if and when Vanguard have made an error in the fees taken if all it gives is a per cent value but not how and when that proportion is applied?"

You cannot. You have to trust Vanguard and the regulator (FCA or the Central Bank of Ireland). The stated transaction costs are not representative of the real transaction costs anyway, as Vanguard has made clear. We still do not have full costs disclosure. Full costs disclosure would favour market weighted trackers.

Fair enough. Thanks for the info. So do investors generally not think too much at all about costs and charges once they've researched, chosen and invested in a fund as long as the amount on the periodic statement doesn't seem "too high"?

Costs are important because you can to a large degree control them, and they compound up over time. If you are investing £millions, even a hundredth of a percent (basis point) saved is a lot of money.