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Old 04-27-2004, 08:07 PM   #13
HpiSavage21
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Join Date: Aug 2003
Location: yonkers ny
Posts: 330
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If I am under aged won't I needa file taxes?

The expense ratio for the Vanguard 500 Index Adm (VFIAX) is @ 0.12%

Vanguard 500 Index (VFINX) this is @ 0.18%

If I purchase the Vanguard 500 Index Adm (VFIAX) @ $105.18 and start w/ 2,000 dollars I will have about 19.1 shares or "holdings" of the fund does that sound right/ok? It has a very low expense/cost ownership and if I put 2,000 per year for the next 40 years it is 80,000 dollars which is not bad considering the money in the end

Last edited by HpiSavage21; 04-27-2004 at 08:15 PM.
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