Vanguard Group

I 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?

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1 review on Vanguard Group

  1. 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.

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Reviews:1
Reported Loss :100 $
Severity of Scam :High
Reported by : anonymous
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