It's not easy to choose where to invest your money. Afterall, this is your hard-earned money we're talking about. You can't just give it to a random stranger and hope for the best. Ideally, you want to give your money to a trusted institution that helps you get the largest return on investment. One such option is Vanguard. If the wonders of this company are unfamiliar to you, then you've come to the right place. Let's take a look and see why they are the investment management company for you.
A huge part of becoming a successful investor is keeping your options open. Vanguard offers options trading, which is a type of derivative security. More specifically, options are contacts that give you the right (but no obligation) to buy or sell an asset at a certain price on or before a given date. As far as bonds go, you can invest in a corporate, municipal, international, certificates of deposit and U.S. treasury bonds. The broker charges you just two dollars to invest in these bonds.
With Vanguard, you get a comprehensive online trading platform complete with stop and conditional orders, portfolio performance analysis, account alerts, retirement and much more. Furthermore, the broker has a convenient mobile app for both iOS and Android. Compared to other brokers, a unique feature to this online platform is its TurboTax integration. Completing taxes for your investments just got a whole lot easier.
Simply put, the average mutual fund and exchange traded fund cost is 81% less than the industry average. You won't see a bill showing how much your savings when toward fund expenses. Why? That's because those costs are paid directly out of each fund's return. Vanguard is unique. They constructed it so that they could stay focused and you could keep your costs low. And you just pay what the platform costs to run the funds. Simple and easy.