This is very helpful!I have many years of actual experience holding about 6 equity funds at TRP while also having funds at Vanguard. There is no reason not to split your investments. At the time (1990s) many TRP funds underperformed year after year vs. reasonable benchmarks. TRP fund managers were all feeding from the same analyst pool and TRP was a growth-at-a-reasonable-price shop during a time when that was just not productive. But expenses were what eventually was the final straw for me: TRP charged $20 per fund (plus the higher fund expenses, of course.) Now I didn't have a large amount in TRP ($250k-ish, but that was in an era was $250k was more than a generous tip at Starbucks.) Maybe if I'd had a higher balance the fees would have been waived, I don't remember. Anyway I don't see the reluctance to have a TRP account in addition to one at Vanguard if you want.
As I mentioned, not really interested in a conversation about my decision. I can do my own back testing and have my reasons. Thanks for the suggestion. If you or anyone else has experience with T-Rowe or splitting their investments between the two, please chime in!
Thanks in advance!
John
I was wondering about extra fees. I would hope they are better now. Seems like they wave some of them with higher balance accounts. Their fees for their best funds also a bit excessive. It’s hard to beat Wellington/Wellesley fees .16% & .18%, even with some of the more expensive, newer, active funds at Vanguard they are still a bargin in comparison.
To be honest, the thought of the higher fee and possibly of unknown fees, in principle, would agitate me so much, I will probably just stick with my current choices. Won’t decide until later this year.
John
Statistics: Posted by itnetpro — Thu Jan 23, 2025 5:55 pm