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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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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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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Agraza

Agraza

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When ETFs started there was a large difference in expense ratios among them. Vanguard and buffet won the argument that the low expense robo trade was the better option, and more have chased the vanguard style.
 
Haus

Haus

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When looking my usual modus operandi is to determine what I want to sink some money into, identify the ETFs that cover it effectively, compare their returns (usually with an eye on 1 and 3 year) , and the last step is to look at expense ratios if I end up in a dead heat tie.
 
Gravel

Gravel

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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If you're investing with Vanguard, there's basically no difference. The downside to an ETF would generally be you need to buy whole shares, but Vanguard allows fractional ETF shares. It's basically whether you care to be able to trade during the day or if you don't care if it's after close.
 
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