Opening a Vanguard (VDHG) Account

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  modsec802 on 25/08/2020 - 18:03

  +1

  Oh I didn’t realise they’re forcing people on to the new one now.

  Best bet would be to buy the ETFs directly through a broker

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  [Deactivated] on 25/08/2020 - 18:10

  +2

  Best bet would be to buy the ETFs directly through a broker

  Buying it direct is a thing?🤣🤣

  Just use whatever platform you normally buy shares with?

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  FareEvader on 25/08/2020 - 19:26

  You can invest in Vanguard ETF products through your chosen platform. Send me a DM if you need any help.

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  [Deactivated] on 25/08/2020 - 19:47

  i have a few ETF investments on commsec pocket, the market is up 15% since i purchased in april/may

  • 

    kahn on 25/08/2020 - 20:01

    If one or more of your ETF's involve the NYSE, then consider the following stats for the year-to-date:

    S&P 500: +2%
    Combination of Facebook, Amazon, Apple, Alphabet, Microsoft: +35%
    Combination of the remaining 495 companies: -5%

    There are only a few NYSE stocks that have been doing the heavy lifting for the index.

    • 

      [Deactivated] on 25/08/2020 - 20:05

      you forgot telsa in that list.

      • 

        kahn on 25/08/2020 - 20:06

        I don't have the stats that include Tesla, but their market capitalisation is a lot less than the above.

        • 

          [Deactivated] on 25/08/2020 - 20:12

          @kahn: ~380% up YTD

          • 

            kahn on 25/08/2020 - 20:21

            @[Deactivated]: I just realised that Tesla isn't yet in the S&P 500, hence the actual reason it's not included in those stats. Here's an interesting article about Tesla and the likely inclusion in the S&P 500.

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  CyberMurning on 25/08/2020 - 21:33

  Can we just buy that share through any online broker?

  • 

    brainactive on 25/08/2020 - 21:47

    Yeah think we can buy VDHS through most online exchange as its an ETF. The managed fund is only available through Vanguard though.

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  jeannly on 26/08/2020 - 11:43

  +1

  1) No way around the fee

  TL;DR:
  For larger amounts you're correct, it's probably cheaper through SW, even taking into consideration investment frequency.
  I have a small balance (<$50k) and irregular income. Fund allows more flexibility for me because I can invest smaller amounts and more frequently. Since I need/prefer this flexibility, it's "cheaper" than SW, but essentially all I'm doing is paying a small fee for the flexibility in the way I invest.

  I invest in the index fund so the fee is less (0.16%) but concept is the same anyway:

  Personally, I have a smaller balance <$50k and probably won't be getting there for a while, as a student.
  I have irregular income as a casual worker + side job and I prefer to invest as often as possible rather than saving up monthly, or sometimes even less frequently, to invest. Since my income is infrequent and irregular it's difficult/annoying to automate how I distribute it between savings, investing in the fund, and other assets.

  If I did this with ETFs and an external broker the brokerage fees would eat me alive. I estimate that I would trade ~20 times a year=$190 with SW. For Vanguard to be more expensive, I would have to have an account balance of more than $50k (i.e. $190 would have to be a smaller percentage of my account balance than the management fee + account fee).

  Distribution re-investment is also more flexible for me since buying into the funds is only $1-2 per share, as opposed to $50-70 for ETFs, and my distributions are obviously smaller. :(

  Rebalancing is the other positive to funds but as you mentioned you have no need for it.

  These are just the reasons I invest in the fund as opposed to the ETF but obviously this is just because of my circumstances. Once I start a salaried job this is all irrelevant and I'll probably change in ~4-5 years.

  For larger amounts you're correct, it's probably cheaper through SW, even taking into consideration investment frequency.