I haven't participated at any treasury auctions at Vanguard this quarter, but the word over at bogleheads is that things are easier now. As with Fidelity, we (supposedly) can now buy $1,000 worth of bonds at a time instead of $10,000, even if you prefer auctions over the secondary market.
I'm reading this now
https://personal.vanguard.com/us/insigh ... g-08292012
but the true test will be when I begin to place my next order.
No more 10K minimum on bonds at Vanguard (maybe)
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- dualstow
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No more 10K minimum on bonds at Vanguard (maybe)
RIP LALO SCHIFRIN
- dualstow
- Executive Member
- Posts: 15304
- Joined: Wed Oct 27, 2010 10:18 am
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Re: No more 10K minimum on bonds at Vanguard (maybe)
Update: yup, it's true.
I bought some 3-YR's recently, and there was no 10K minimum.
I think most of you just buy on the secondary market, but if there are any other auction participants out there, there we are.
I bought some 3-YR's recently, and there was no 10K minimum.
I think most of you just buy on the secondary market, but if there are any other auction participants out there, there we are.
RIP LALO SCHIFRIN