The Blight Upon Vanguard

Just as it is easy for me to talk about dividend investing because real-life companies like Coca-Cola and Colgate-Palmolive exist, it is easy to advocate index fund investing because Vanguard exists. You can write a check or establish an electronic debit for $3,000 of VFINX, and instantly own shares in the 502 different companies that currently represent the S&P 500. And you only have to pay 0.17% in annual fees. Between 2015 and 2025, you will only pay an estimated $119 in total fees in exchange for using Vanguard’s consolidated purchasing power to buy ownership stakes in a wild diversity of companies.

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