Vanguard GroupI lost 2 Cents because of Vanguard Math
This is a true example of Vanguard Group Math. If you invest $190,000 divided by $57.72 per share=3291.7530 Shares X $57.72 per share = $189999.98 would be your starting balance. That’s how Vanguard cheats people everyday.
Think about it 2 Cents X 1,000,000 transactions= $20,000 ill gotten gains for Vanguard.This math representation is based on a recent calculation Vanguard did when I made a recent transaction in my account.
When I questioned it they said it was called “rounding”. I call it cheating me out of 2 Cents. If they are doing this kind of thing to me they are probably doing it to you.How fair, and in your best interest is that? You may say “Hey it’s only 2 Cents.”
Well, if thats the case why didn’t Vanguard Round Up. How could I possible lose money on a purchase before any market activity took place? I lost 2 Cents because of Vanguard Math.Vanguard John Bogle would be ashamed of the company you have become. How much are you loosing with Vanguard?
2 Reviews on Vanguard Group
"Woohoo! About as good as it gets!
Vanguard is one of the finest financial companies that my husband and I have ever dealt with. We were with several large institutions over the past 45 years and were introduced to Vanguard through family in North Carolina. Helpful, professional, friendly, and knowledgeable, Vanguard has gone above and beyond in assisting us with our financial planning and with our sisters estate when she passed away in.
It was a comfort to know Vanguard followed up and made some very useful suggestions during this difficult time. Please note the 5 Star rating and my compliments to a company who makes you feel more like family than a customer/client. Thanks Vanguard, we appreciate all your efforts over the past 4 years on our behalf. You are – “Woohoo! About as good as it gets!
Equal opportunity does not exist with this company.
Vanguard is a workplace of segregation. Only college graduates are hired. People with of job experience only will never quality for employment with them. There should be a workplace of work experience and colleges intertwine together. of work experience is the key for customer support and satisfaction. Equal opportunity does not exist with this company.