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A comment on Ask HN: What trick of the trade took you too long to learn?. Parent comment

Re:Ask HN: What trick of the trade took you too long to learn? by nemomarx on Monday August 04, 2025 @09:25PM (#44793333)
vanguards very large and they're a mutual fund, so they have a lower profit motive than most brokers for it. they're basically the standard retirement fund company now
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Re:Ask HN: What trick of the trade took you too long to learn? by monkeyelite on Tuesday August 05, 2025 @12:43AM (#44794422)
> lower profit motive than most brokers for it

This doesn’t make sense.

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Re:Ask HN: What trick of the trade took you too long to learn? by gertlex on Tuesday August 05, 2025 @01:16AM (#44794542)
What I think they're referring to is their sheer size (ratio of customers or $ invested to staff) has meant historically the annual % fees on mutual funds and other investments have been lower than at other institutions.

It's... less unique to Vanguard these days, as several of the large providers have equivalent low-cost funds you can invest in; but 15 years ago it was more significant, iirc.

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