<prompt> Human: I have 10,000.00 that I want to invest for the purpose of eventually buying a nicer house in 5-10 years.I also have an IRA at Edward Jones that I would like to move. Is there really much of a difference between Vanguard and Charles Schwab?  <response>: As others have noted, both are perfectly fine investment companies for mutual funds. Vanguard has a wider selection of low-cost funds, as thats kinda their thing, but if youre just aiming for a standard three-fund portfolio, either one would have suitable low-cost offerings for that.If it matters to you, Vanguard is a mutual company; the company is entirely owned by the shareholders of its own mutual funds, whereas Schwab is a traditional financial company. Basically, Vanguard is like a credit union entirely owned by its memberscustomers, while Schwab is like, well, a bank. 