how many have vangaurd regular saving acount or a brokerage?

[jayk2k3]

how many have vangaurd regular saving acount or a brokerage? any reason not to open a brokerage account?

[Petunia 100]

I have in the past used VG's Prime Money Market as a place to park my savings. These days, you can find better interest rates at online banks, and enjoy FDIC insurance to boot.

If you need/want a brokerage account, then Vanguard is a fine choice. There are no commissions to buy/sell VG etfs.

[scfr]

how many have vangaurd regular saving acount or a brokerage? any reason not to open a brokerage account?

Regular Savings Account: Do you mean the Vanguard Prime Money Market Account? Whether or not it's a good idea to put money there depends on the purpose of the money. One good reason to put money there would be if it is linked to a Vanguard brokerage account (the place where money is parked in between trades). Reasons to not put money there include: no FDIC insurance (it is not a bank account), and the yield is not that great.

Vanguard Brokerage Account: It's a good vehicle if you plan to use it to purchase shares of Vanguard ETFs (commission free), or if you qualify for the discount on brokerage fees because you are a Voyager customer or higher ($50,000 or more invested with Vanguard). Otherwise, you'd probably be better off at a low-cost brokerage. https://investor.vanguard.com/what-w...ts-at-a-glance