Bitcoins/Litecoins/Virtual Currencies

Fogel

Fogel

Mr. Poopybutthole
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Deathwing said:
Since we're on a retirement tangent....if you have an IRA account full of VTSAX, is it worth converting that to ETFs? I'm trying to max out my IRA contribution limit and 401k contribution limit but I'm new to ETFs. Any reason not to use them and avoid the 0.04% expense ratio on VTSAX?
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As Khane already said, most ETFs will have an expense ratio higher then their index fund equivalent. The main reason to use an ETF over an index fund is if you want to be able to buy or sell any time of the day where as index funds only trade at closing. ETFs will also give you access to options.
 
Furry

Furry

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<Gold Donor>
26,769
38,831
Deathwing said:
Since we're on a retirement tangent....if you have an IRA account full of VTSAX, is it worth converting that to ETFs? I'm trying to max out my IRA contribution limit and 401k contribution limit but I'm new to ETFs. Any reason not to use them and avoid the 0.04% expense ratio on VTSAX?
Click to expand...

VOO Expense ratio is .03%, and that's the ETF I hold the majority of in my account. I really wouldn't start sweating what the expense ratio is unless it gets absurdly high. Anything less than .1% is pretty low.
 
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