Great News for Investors!

Finally, some good news for us beleaguered “ants” out here in “flyover country” in the midst of this “grasshopper economy”!

“…Effective today, Vanguard has reduced the minimum amount required to qualify for Admiral™ Shares to $10,000 for most of our broad-market index funds and $50,000 for actively managed funds, down from the previous $100,000 minimum.  Admiral Shares cost significantly less than traditional fund shares, and their normal expense ratios are among the lowest in the mutual fund marketplace.  Thanks to their low costs, Admiral Shares can reduce your expenses 18%–50% below the already low expense ratios of our standard Investor Shares…”  Read the full story!


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