My Goal is simple:
- Contribute X amount every month to some Y Vanguard ETF
- Put it on autopilot (Automatic investment) without having any transaction fees.
Since Vanguard does not charge any money for buying Vanguard ETFs from the Vanguard Website, I thought that it would make perfect sense to set up Automatic ETF purchase every month from the Vanguard Website. However, it turned out that Vanguard ONLY provides the automatic transaction for Mutual Funds and NOT for ETFs.
I am not sure what are my other options. I checked with Robinhood and sounds like they do not have any automatic investment options.