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by Scoundreller
1194 days ago
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I think the AUM comparison is something everyone needs to be careful of. Vanguard has a lot of AUM from me (from my point of view anyway), but it’s (hopefully) 100% passed through to security issuing organizations. They only get to rake a fraction of a percent from me for their operations. Wayyyyy different than a bank with $billions in checking and savings accounts where they can do ??? with it. |
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