One is Vdix,another is VIG, and another is vdigx. Dan weiner hints that the non index fund is better (actively managed.) I am trying to figure out which one that is!
1 Answer
I am not sure which one Dan Weiner was referring to. However, it's always better to have a fund that's actively managed. A very nice garden is typically maintained by a good gardener and a pruner. An index fund or ETF charges a small fee (load). Why? Index funds mostly mirror the components in that particular index. It's a no brainer since there's no brain behind it. These ETF funds are great short term trading mechanisms (long term the fees would kill you) for tactical and hedging purposes.
Call Vanguard directly at (877) 662-7447 and ask them about Dan Weiner's non-index fund. They are very nice and friendly too.
12 years ago. Rating: 0 | |