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Reply to "Vanguard Target Date funds (in taxable accounts) --- WHAT IS GOING ON?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here again: https://bucksco.today/2022/01/26/vanguard-change-target-retirement-funds/ I've always been a fan of Vanguard and we consolidated ALL of our investments with them (outside of TSP). I just want to cry right now because of this. I feel like Vanguard screwed us over -- like I believed in them 100% -- and they knifed me in the back.[/quote] OP how did you pick these funds? If you did it on your own, then how is that the fault of Vanguard? [/quote] Vanguard markets and sells these funds to clients outside of brokerage accounts. I'm guessing that there will be FINRA and SEC investigations as people start receiving 1099s and complaining. The trading may have made sense from an institutional perspective, but they are going to have a hard time arguing that it was appropriate for fund holders [/quote]
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