Tips for generating income in retirement - Vanguard

[pgthinker007]

I do not trust money managers. I sold my shares for $19.46 and three days later, I got paid $2 less for each share. Then Vanguard is making excuses. They tell me value of shares are calculated after closing the stock market. I know that, but I sold my shares after stock market closed, and they had time to processed transactions very next day. This is a bad service. When an investor sells his shares, should get exact value of shares.

[bhl212]

@pgthinker007 The reason is that you probably placed a market order in which the shares that you sell depending on its size won't be filled at the exact time you sell them. This is why your shares sold $2 less than what you expected. Vanguard is known for its integrity and charges some of the lowest expense ratios in the market.

[pgthinker007]

@bhl212

Mutual Funds do not have a market order. If I sell 1000 shares for $1000.00, and confirmation page on the internet is $1000.00 then I should get the same amount.