I think Vanguard is a great long term investment but I wouldn't use it as a savings account replacement.
I'd suggest slowly investing small amounts on a regular basis (ie, weekly or fortnightly) when you get paid into Vanguard and using your savings account to hold your savings and earn interest! This way you have access to your money as needed and are building an investment portfolio at the same time.
What are your thoughts on vanguard, and can it be used as a saver account replacement?
Hey Cal :)
I think Vanguard is a great long term investment but I wouldn't use it as a savings account replacement.
I'd suggest slowly investing small amounts on a regular basis (ie, weekly or fortnightly) when you get paid into Vanguard and using your savings account to hold your savings and earn interest! This way you have access to your money as needed and are building an investment portfolio at the same time.