The "leave it and forget it" makes me think you'd like a target retirement fund. Reading here I may try using Fidelity and buying vanguard indexes. If it's your first time, they can be confusing. Do some due diligence and see who has the cheapest expense ratio. All in one place. I have a moral and ethical affinity for vanguard, but they are a pain to deal with if I’m honest. I looked at all 3 for my Roth IRA and they're all good companies. Figure out the approximate year you'd like to retire and compare Vanguard and Fidelity funds. Vanguard is the world’s largest … There's no fee on trading any of Vanguard's products. Bogleheads are die-hard fans of Jack Bogle and index fund investing in general - Jack Bogle founded Vanguard, is the father of index funds and an all-around inspiration for people who want to engage in passive investments (generally stocks and bonds) for a long-term return that will beat active alternatives. Vanguard is fantastic in general. Anything I am missing? I have a couple questions that I want to answer before I actually open a Roth IRA. There is not much daylight between them. Vanguard is pretty simple to use and has low expense ratio...which is what will ultimately cost money, as I understand it. Put the money in and forget about it. It's pretty much a personal preference. Vanguard is definitely a great company, and my 401k and Roth IRA are both there. Hey all, I'm a college student (if that matters) planning on investing some of my money into a Roth IRA. I picked Fidelity because: (a) their website was easiest for me to navigate and understand; (b) after comparing all the mutual funds available I found Fidelity … I have not really seen any strong argument of a mutual fund over an ETF other than people may act a little more responsible with being able to trade during the day... AND they would allow me to manage my wife's account. http://www.brokerage-review.com/expert/mutualfunds/best-schwab-mutual-funds.aspx. If you understand the Backdoor Roth IRA, these little tweaks are no big deal. All things said, the sooner you get in the sooner you can start earning. There are quite a few Fidelity index funds that have nearly identical names to their passive counterparts. They have a great mutual funds and you can build a well … Which one is better for me? Because every Vanguard fund is no load, … Press question mark to learn the rest of the keyboard shortcuts. While both Vanguard and Fidelity allow you to invest in stocks, bonds and CDs, there are other security options to consider: Mutual funds: Fidelity offers over 10,000 professionally managed mutual funds. They have a great mutual funds and you can build a well diversified portfolio with really low fees. But now trades are commission free at Fidelity (and several other brokers). As much as I criticize Vanguard for their old website and long telephone holds, for someone starting out, they are the place to go. Vanguard has no true gold or commodity funds if you really want these in your portfolio for some reason. Retirement Accounts (articles on 401(k) plans, IRAs, and more). Is there a reason not to buy VTI in a Fidelity account that allows fractional share purchases? Rolled over a Roth 401(k) or Roth 403(b) to the Roth IRA. New comments cannot be posted and votes cannot be cast. The Vanguard Personal Advisor service can also … I've got 2 commas at Fidelity and a few hundred grand at Vanguard. Blows Vanguard out of the water. Figure out the approximate year you'd like to retire and compare Vanguard and Fidelity funds. They are both fine. Overall I prefer Vanguard but only by a slight margin. Check out how the two compare and see which broker is right for you. Going to keep vanguard, too, because I am too lazy to migrate it over. Schwab has better customer service than Vanguard from my experience, but Schwab has the best customer service I've ever dealt with but you should note that I've never dealt with Fidelity. Single. Schwab is currently the cheapest but you will not go wrong between Schwab, Vanguard and Fidelity. The number of mutual funds shouldn't matter, determine which fund suits you best before you even set up your Roth. Every. Vanguard is very cookie cutter and if you were to ask them, they would likely put you into exactly what the target date funds are made up of. Compare a Roth IRA vs 401K using analysis from the … Most of my money is at Fidelity, though I do have a Roth IRA over at Vangaurd. Fidelity has cheaper commissions on trading individual stocks and ETF's for small account sizes. TD Ameritrade and Vanguard are among the largest brokerage firms in the U.S.—but the similarities stop there. Schwab funds have no minimums and currently have the lowest fees. Cookies help us deliver our Services. Roth IRA: Vanguard vs. Fidelity vs. Schwab? How much of a difference in rate of return if I did target date vs picking out a three portfolios ? I will likely just watch it grow there now... My 401k is with Fidelity. Also, Vanguard provides access to some institutional class shares with lower minimums than at Fidelity… She is also a little over half way through her Associates and thinking of going work. The two are also among the best-known investment platforms. And would like some guidance on which type of fund is best suited for me. The fund was a three portfolios ownership structure guarantees their funds have a great company, and Fidelity across attributes. Not to buy VTI in a Fidelity account that allows fractional share feature indexes on Fidelity much of difference! Their passive counterparts and do n't really go wrong with either roth ira vanguard vs fidelity reddit i 'd recommend calling Vanguard and Fidelity multiple! 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