where buy indexfunds?

[kn96373]

whats the best place to buy index funds?

I currently have scottrade, are there any better options, if so do lemme know

[jIM_Ohio]

Usually cheapest to buy funds from the company who's name is on it- Vanguard-T Rowe Price- Fidelity etc... I use T Rowe and pay no transaction fees for my monthly purchases.

[disneysteve]

I agree with Jim. Don't buy funds through a broker, with the possible exception of Schwab. Buy the funds directly from the fund company.

[Ima saver]

I buy directly from vanguard.

[Broken Arrow]

I buy directly from vanguard.

Yes. The short answer is Vanguard.

By all means, shop around, but in terms of price and overall track record, I would say you're going to end up with Vanguard if all you want is index funds.

[Beppington]

I buy directly from vanguard.

I also invest directly at Vanguard ... no middle man this way.

Well, only one middle man anyway, as technically Vanguard is the middle man between the investor and the share of stocks owned within the index fund, but just so happens to be an efficient middle man that makes sense for investors to use.

[kn96373]

Thanks a lot ...I would go with Vanguard after finishing the steve davis book

[KTP]

You can also buy SPDR depository reciepts through your Scottrade account. These are S&P500 index funds that are sort of like owning a small part of each company in the S&P500 for each SPDR you buy...well, it is exactly like that. I could see the one advantage over an index mutual fund is that you will never have capital gains when you don't want them with the SPDRs. Perhaps the index mutual funds don't have random capital gain events either though...