Dear Mr. Kelton (My reply to a letter I received from Vanguard today)

[Papa Boule]

This is a letter I received from Vanguard Mutual Funds today.



Here is my reply:

March 30, 2009

Colin Kelton, Principal
Retail Investor Group
Vanguard
P.O. Box 2600
Valley Forge, PA 19482-2600


Dear Mr. Kelton:

I am in receipt of your letter dated March 2009 requesting that I consolidate or add money to my low-balance (under $1,000) accounts to avoid having them closed.

Fuck. You.

We’ve had these accounts with you for years. The reason they are now low balance accounts is that you and your boneheaded investment managers pissed away their value by sinking them in Big Shitpile and taking them down with it. You lost the money; now you don’t want to be bothered with managing what remains of we Little Guys’ investments.

I had intended to patiently wait for the market to recover its value, which would have brought the value of these small fund investments back up. It seems you can’t be bothered to hold the money that long. You don’t want to be bothered with the little investors.

Fuck. You. And the dumbass horses you rode in on.


Sincerely,

(Papa Boule)

[kestrel91316]

1. Good for you.

[MissMarple]

2. The direct approach, I like that.

:applause:

[Kerrytravelers]

3. There are no doubts about your feelings!

:rofl:

[sharp_stick]

4. Don't you just want to beat

that prick with a stick? I read this kind of shit and I want to reach through the mail and wrap my hands tightly around the throat of Mr. Kelton and squeeze until he quits kicking. Not even an apology for losing all your money.

The fucking arrogance of this is beyond disgusting. Hell, I'd probably forward his insulting letter to one or two nearby newspapers and some local news outlets. See if you can provide Mr. fuckwad with some much needed negative publicity.

[AndyA]

5. Be sure to let him know that you've let your friends read his letter to you.

All 100,000 plus of us. And yes, many of us are investors as well. I will never invest with Vanguard again. (Had an account with them at one time, but closed it years ago.)

[terisan]

6. I love it. Good for you-you certainly know how to get your message across. nt

[TwilightZone]

7. Idiots. "The balance is below the amount required to OPEN...an account"

They're already open, morons.

And people wonder why companies like this keep failing....

[screembloodymurder]

8. I like it.

Be sure to follow up with a call. LOL

[FiveGoodMen]

9. Good work!

:headbang: