Top 372 Reviews From Legit Vanguard Buyers (2024)

Vanguard FAQ

Is Vanguard good for beginners?

Vanguard may be good for beginners — its library of educational resources can help first-time investors get started, but new investors may find it challenging to meet the fund minimums.

Is Vanguard a good investment?

Whether Vanguard is a good investment depends on your needs. Vanguard is known for its low-cost investing and is ideal for retirement savers and buy-and-hold investors.

Does Vanguard have account minimums?

No, there aren’t any account minimums, but there are fund minimums of $1,000 or $3,000, depending on the account.

What types of funds does Vanguard offer?

Vanguard offers mutual funds, ETFs, options and stocks.

Vanguard Reviews

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JoyLouisville, KY

Customer ServiceOnline & App

Reviewed May 30, 2024

Too bad there is not a ‘0’ option!! Their App is not user friendly AT ALL. Their customer service and communication are abysmal. I was advised by a ‘Supervisor’ at Vanguard that I should periodically check my Message Center to see if there are any Messages for me. I, just like everyone in America, is a customer of MANY different businesses/vendors and NOT ONE of these entities expects me to ‘troll’ their Message Center every “day or two to see if you have any Messages”….Every entity I do business with has the common sense and foresight to send me a heads up e-mail that I need to check my Messages at their site! What happened to the John Bogle investment company I started investing with 40 years ago????

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StevenSeattle, WA

Reviewed May 24, 2024

There's a price to the low rates they have--their customer service is deeply mediocre. I found out that I had been locked out of my account for years, with no indication that anything was wrong except for a link to their service number. Calling that number got me stuck in a slow, confusing bureaucracy. Don't put any money here that you might need to get out in a hurry.

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ShirleyAlexander, NC

Customer Service

Reviewed May 24, 2024

I really wouldn’t have given them even one star. They’ve had my money for two weeks now and have denied me access to it and I have been told someone would call me within 72 hours and no one is called. I’ve called three times a day and I’ve been told they will call me back within the hour or in the afternoon and no one has called and yet my access to my money is denied.

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ario'sMiddletown, CT

Customer ServicePunctuality & Speed

Reviewed May 18, 2024

Their online website has poor self-help facilities… I can't SEARCH for a help topic. And once you place an order for mutual fund change, you can't cancel it on your own, you have to email them and hope they get to it on time. Very poor website design.

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LloydAnchorage, AK

Customer ServiceStaff

Reviewed May 17, 2024

I have called a total of four times (once in single day/ three times another day) and the reps were combative, interrupting, talk over you, refused to connect me to a supervisor, refused to assign call to a supervisor, and have a rep yell "we are not going there!" All my calls about Traditional 401K withdrawals. I reminded them I am the "customer" but I believe reps being hired are poorly trained and/or qualified. It is all very weird and unprofessional. Simple questions raise their tension. Not an issue before Covid. Guessing the quality of reps is poor.

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PopsPlymouth, WI

Reviewed May 13, 2024

Vanguard is a HORRIBLE, TERRIBLE and a VERY STRESSFUL brokerage company. Transfer of assets are VERY VERY VERY SLOW. After the 401K transferred to Vanguard there’s still 7 days hold that’s why I can’t invest more than I want.

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rickActon, MA

Staff

Reviewed April 19, 2024

Vanguard is horrible. They are useless. They do not allow buying of OTC stocks. Fidelity and Schwab allow OTC stocks and are great. I just started closing out my Vanguard account. Please do not open a Vanguard account. If you have one already close it out. Switch to Fidelity or Schwab. They are a million times better. Feel free to contact me at ** for more crap that Vanguard pulls. I could go on and on.

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AhnAtlanta, GA

Staff

Reviewed April 18, 2024

Last year I opened Vanguard to diversify my portfolio, besides having Swab. What a mistake! I recently did my first transaction of giving $1000 worth of share from it to my daughter's Bank of America savings account. BUT SHE NEVER RECIVED the money. Vanguard on boarding department and I have spoken with multiple BoA agents and indicated they never received the transaction. Vanguard told me multiple times all the accounts, DTC, electronic wiring were correct and now suddenly blaming on me and asking me to write a letter that it was my fault! I have contacted their fraud department, FINRA, and consumer financial protection Bureau. Any other places to contact...

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JohnCary, NC

Staff

Reviewed April 12, 2024

My mother passed and I was listed as a beneficiary. They make you create an account with them in order to receive funds, this includes provided employer related data that has zero to do with receiving any funds from them. They make it difficult to receive money as a beneficiary. I would never recommend them because of how complicated they make it for beneficiaries.

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JustinLa Mesa, CA

Customer Service

Reviewed March 1, 2024

After the last few phone experiences over the past two years, I decided to do some checking to see if it was just me, or if Vanguard changed how they deal with their customers. I've been investing with them for over 31 years, and in my view, there's been a huge decline. And since there's no email address for them to voice my complaints, I thought I'd make them public. I used an AI platform (Perplexity) and asked if their customer reviews have in fact declined, and they have. See link. I wonder how John Bogle would feel about this? AI Result: **.

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Top 372 Reviews From Legit Vanguard Buyers (2024)

FAQs

How trustworthy is Vanguard? ›

Vanguard is a trusted leader in low-cost investing due to low expense ratios on index and exchange-traded funds. Its founder, Jack Bogle, invented index funds. Its services are ideal for buy-and-hold and retirement investors looking to build wealth over the long term.

Which Vanguard fund has the highest return? ›

Top performing investment funds owned by Vanguard worldwide 2024, by one-year return. As of May 2024, the Vanguard Communication Services Index Fund provided the highest one-year return rate. The Vanguard Mega Cap Growth Index ranked second having a one-year return rate of 37.4 percent.

Why are investors pulling money from Vanguard? ›

When the market cratered, investors withdrew $16.4 billion from Vanguard's index mutual funds. What accounts for remaining index mutual fund outflows? Johnson says it could be clients pulling out money because they're retiring, or because they're negatively affected by the pandemic.

What is the best Vanguard fund for a retired person? ›

  • Vanguard Core Bond Fund Investor Shares (VCORX)
  • Vanguard Growth and Income Fund Investor Shares (VQNPX)
  • Vanguard Tax-Managed Balanced Admiral Shares (VTMFX)
  • Vanguard High-Yield Tax-Exempt Fund (VWAHX)
  • Vanguard Explorer Fund Investor Shares (VEXPX)
  • Vanguard International Core Stock Fund Investor Shares (VWICX)
May 21, 2024

What are the cons of Vanguard? ›

Cons
  • Relatively high minimum investment requirements for many fund options.
  • Higher-than-average per-contract options fee.
  • Slow process to open an account.
  • No trading platform for active traders.
  • No fractional shares of stocks or ETFs.
Mar 22, 2024

How safe is my money with Vanguard? ›

Insurance coverage

Money market funds and other securities held in the Vanguard Brokerage Account are eligible for SIPC coverage. Securities in your brokerage account are protected up to $500,000. To learn more, visit the SIPC's website. Up to $250,000 by FDIC insurance.

What is currently the best Vanguard mutual fund to buy? ›

  1. Vanguard S&P 500 ETF. ...
  2. Vanguard Mid-Cap Index Fund ETF Shares. ...
  3. Vanguard Small-Cap Index Fund ETF Shares. ...
  4. Vanguard Total Stock Market Index Fund ETF Shares. ...
  5. Vanguard International High Dividend Yield Index Fund ETF Shares. ...
  6. Vanguard Value Index Fund ETF Shares. ...
  7. Vanguard Health Care Index Fund ETF Shares.
5 days ago

Is Vanguard a good place to put money? ›

Vanguard is the king of low-cost investing, making it ideal for buy-and-hold investors and retirement savers. But beginner investors and active traders will find the broker falls short despite its $0 stock trading commission, due to the lack of a strong trading platform and accessible educational resources.

What is the average return on Vanguard investments? ›

Vanguard Mutual funds
Average annual returns as of 04/30/2024 1
Sort table ascending by Fund nameSort table descending by SymbolSort table descending by 1 yr
Balanced Index Fund Admiral SharesVBIAX12.48%
Balanced Index Fund Institutional SharesVBAIX12.48%
California Intermediate-Term Tax-Exempt Fund Admiral SharesVCADX2.49%
44 more rows

Is Vanguard safe from collapse? ›

First, the chances of Vanguard failing are miniscule. That said, let's talk about brokerage accounts for a minute. Brokerage accounts are not backed by the FDIC but by the Securities Investor Protection Corp (SIPC), which protects accounts up to $500,000.

Why can't I withdraw my money from Vanguard? ›

If there's a pending fee in any of your Vanguard accounts, this could prevent the withdrawal from being sent. Or if you change your nominated bank account after submitting a withdrawal. You can also choose to withdraw when you sell your holdings if you have a nominated and verified bank account.

Who owns Vanguard? ›

Vanguard isn't owned by shareholders. It's owned by the people who invest in our funds. Our owners have access to personalized financial advice, high-quality investments, retirement tools, and relevant market insights that help them build a future for those they love.

What should a 70 year old invest in Vanguard? ›

Vanguard Total Stock Market Index Admiral (VTSAX, $72.06) is the only index fund on this list, and that's because it's both one of the best indexed Vanguard funds and a great fit for retirees. It even boasts a long-term performance edge against Vanguard 500 Index Fund Admiral (VFIAX).

What Vanguard fund does Suze Orman recommend? ›

Look for funds that have expense ratios below 1 percent. If you can handle the $3,000 minimum initial investment, I like the low-cost Vanguard Total Stock Market Index Fund and the Vanguard Total International Stock Index Fund (vanguard.com; 877-662-7447).

Which Vanguard fund is most aggressive? ›

Best Vanguard Funds for Aggressive Investors: Vanguard Explorer (VEXPX) Click to Enlarge If you want to turn up the growth potential and you want to go all-the-way aggressive, look no further than Vanguard Explorer (MUTF:VEXPX).

Who is better, Fidelity or Vanguard? ›

While Fidelity wins out overall, Vanguard is the best option for retirement savers. Its platform offers tools and education focused specifically on retirement planning.

Why are Vanguard funds so cheap? ›

3 Vanguard's unique cost structure, the economies of scale it has achieved, and the total number of assets under management (AUM) allow it to offer its ETFs at the lowest cost available in the market.

Is Charles Schwab or Vanguard better? ›

The truth is that either broker is suitable for a long-term investor, depending on one's needs. Vanguard could be a better choice for passive investors who want index funds; Charles Schwab offers more features that appeal to active investors. Ultimately, the better brokerage is dependent on how you invest.

Is Vanguard safe long-term? ›

Long-term investors will appreciate Vanguard's low fees. With zero-commission brokerages, continuous coverage of trendy stocks like Tesla Inc. (ticker: TSLA) and the extreme fluctuations of meme stocks like GameStop Corp. (GME), it's easy to overlook the benefits of a buy-and-hold strategy.

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