The concept behind the Trump accounts, I think, is a fabulous concept because what it does is that it helps people invest early, in this case, right from when they're born. It does it in a lowcost way because the fees are capped um to a lowcost level. And the underlying ethos is a diversified broad-based set of indices.And as we look at the best ways in which to create long-term wealth for Americans, this has really been something that Vanguard's been talking about for a very long time. uh keep uh costs low ...

Core Viewpoint - Vanguard is reducing fees on its mutual funds and exchange-traded funds, which is expected to save investors nearly $250 million by 2026 [1] Group 1: Fee Reductions - Vanguard has lowered expense ratios for 84 mutual fund and exchange-traded share classes across 53 funds [1]

Core Viewpoint - The Vanguard High Dividend Yield Index Fund ETF offers a competitive yield of 2.5%, significantly higher than the S&P 500's average of 1.2%, making it an attractive option for dividend-focused investors [1][2][5]. Group 1: Fund Characteristics - The ETF holds nearly 600 stocks, providing substantial diversification and reducing the risk associated with individual stocks [1][6]. - The fund's top holdings include well-known dividend stocks such as Johnson & Johnson, AbbVie, and ExxonMobil, with no single stock exceeding 2% of the total holdings, except for Broadcom, which accounts for nearly 7% [6][7]. - The ETF has a low expense ratio of 0.06%, meaning minimal fees on investments, which enhances overall returns [9]. Group 2: Performance Metrics - Over the past decade, the Vanguard High Dividend Yield ETF has appreciated by 118%, with total returns including dividends reaching nearly 200% [10]. - In comparison, the S&P 500 has increased by 230%, with total returns exceeding 290% when dividends are included [10]. - A $10,000 investment in the S&P 500 would have grown to over $39,000, while the same investment in the Vanguard fund would be worth approximately $30,000, excluding fees [11]. Group 3: Investment Strategy - The Vanguard High Dividend Yield ETF is positioned as a solid investment for those seeking dividend income or a diversified portfolio [12]. - It is recommended as a foundational investment for portfolios due to its strong yield and quality stock holdings [12].