Lorena (@Lorena) on getquin

1Yr·

🚀 Vanguard now offers direct custody accounts in Germany 🚀

@Vanguard is now slipping into the world of brokers, as they also teased here earlier. 87 funds and ETFs - all from Vanguard - are offered under the title "Vanguard Invest Direkt". These are bond funds, equity funds, as well as mixed funds.

Custody and savings plan fees are €0, with a €7 fee for one-time purchases and sales (trading from €25-100,000). Savings plans are available from €25 to €10,000.

Trading venue is Xetra. Running. 🌝

#news
#etf
#vanguard

38 Comments

Dontfearthemarket@Dontfearthemarket

1Yr

Phew quite expensive, with single purchases😬

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Lucrash@KapriolenCapital

1Yr

I hope you had the Vanguard sweater on when writing, corporate identity and all.

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Ned Flanders@DaemlicherFlanders

1Yr

I don't really see an advantage in this offer over the competition, but competition is good for business.

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Felix@Felix12

1Yr

For all those who complain about the costs, I would like to put a few words from Helmut (Waikiki5800 on Instagram) from his story today to your heart. However, there is something on the stock market that is called psychology and there are many years of research that show that investors trade much more at low fees and thus usually hold shares much shorter and also commit significantly more wrong decisions in investments, because they can trade much more due to the low costs and then do so.

If we as investors were rational, these brokers would be the most ingenious invention, but then they would not survive because they would go bankrupt relatively quickly. These brokers have only one source of income and that is your fees. And therefore they seduce you to trade, so that they can survive at all. And since 95% of investors unfortunately do not think and act rationally, these brokers can pull your money out of your pocket.

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Herdd Berus@Herdd

1Yr

How much € did you get for the advertising? So as a brand ambassador ;)

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Tim@Stratege_Tim

1Yr

Very cool that something new is tried and they set up more independent 👍 I also respect Vanguaard as a quite serious ETF provider. However, I do not share the cooperative vision. I for my part stand more on the side of the Deutsche Gesellschaft für Wertpapiersparen (DWS) with Xtrackers. Have also a few more ETFs, a total of 264, to choose from. 😁🤙 "Xtrackers was named "Fairest ETF Provider" by the German Institute for Service Quality in 2019, along with two other companies." Source: https://www.finanzen.net/ratgeber/xtrackers-test-erfahrungen

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How$y 🗽@Howsy

1Yr

You are paid by them!!11!1

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Robert@Iwant_money_423

1Yr

7€ for buying/selling one is just pretty expensive. Would interrssant to know what advantages / disadvantages exist, for example, compared to TR.

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Mister_ultra@Mister_ultra

1Yr

Unfortunately, offers no added value to normal banks, brokers or Neo-Broker in my eyes. Limited offer (only Vanguard) at the same or more expensive prices. It would be more interesting if you e.g. book at the end of a year each customer 10% of his shares purchased in that year in the deposit or similar. Then I would be there 😂

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SquirtGame@SquirtGame

1Yr

More supply is always good

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