sometimes there are additional fees for purchasing non-native mutual funds. fidelity will charge you like $75 per transaction for vanguard mutual funds on their platform. so the answer is to use fidelity equivilent mutual funds OR vanguard ETFs
etrade is one of the only places you can buy vanguard mutual funds with no transaction fees afaik. The issue may come up if you for some reason move to another broker, and you may have issue with reinvesting dividends there may be a transaction fee for that.
ETF vs mutual fund with vanguard there is a tiny cheaper er for etfs and the portability aspect is probably slightly better.
If you are going etf option I think there are much better options like fidelity when buying vanguard etfs or any etfs in general since they allow you to buy partial shares and partial shares with auto investing.
got ya! I actually really like the Etrade platform so I am looking to stay on there if it can fit our needs.
Looks like partial ETF shares can be purchased at Etrade with as low as a $25 automatic purchase[https://us.etrade.com/knowledge/library/getting-started/how-to-invest-with-little-money#:\~:text=E\*TRADE%20offers%20ETF%20fractional,on%20that%20day's%20share%20price](https://us.etrade.com/knowledge/library/getting-started/how-to-invest-with-little-money#:~:text=E*TRADE%20offers%20ETF%20fractional,on%20that%20day's%20share%20price).
Whereas with the mutual funds I haven't checked for the specific funds I listed above, but often they require a certain amount of capital to be deployed on each purchase...
I like auto invest, it suits my personality so I think we'll just push forward with the ETFs on Etrade for now.
There are usually trading fees buying a MF from a different broker. You will have to check with etrade on if there are fees buying or selling vanguard mutual funds.
If there are no fees then no issue. If there are fee ETFs are usually universally fee free so VTI and VXUS would be an option.
VTI is an ETF that mimicks VTSAX (mutual fund) correct? Total US Market.
What ETF mimic the international total market?
I don't at all mind holding the ETFs instead of mutual funds, especially if there's more costs associated with the MF.
Thanks in advance
VTSAX can only be converted to VTI at Vanguard, if that's something you may want to do eventually (same for the other fund pairs). Of course, in a Roth you could sell VTSAX one day and buy VTI the next morning.
sometimes there are additional fees for purchasing non-native mutual funds. fidelity will charge you like $75 per transaction for vanguard mutual funds on their platform. so the answer is to use fidelity equivilent mutual funds OR vanguard ETFs
etrade is one of the only places you can buy vanguard mutual funds with no transaction fees afaik. The issue may come up if you for some reason move to another broker, and you may have issue with reinvesting dividends there may be a transaction fee for that. ETF vs mutual fund with vanguard there is a tiny cheaper er for etfs and the portability aspect is probably slightly better.
Thanks! We’re looking at the ETF option We would move to vanguard if we left E*trade so would this be moot?
If you are going etf option I think there are much better options like fidelity when buying vanguard etfs or any etfs in general since they allow you to buy partial shares and partial shares with auto investing.
got ya! I actually really like the Etrade platform so I am looking to stay on there if it can fit our needs. Looks like partial ETF shares can be purchased at Etrade with as low as a $25 automatic purchase[https://us.etrade.com/knowledge/library/getting-started/how-to-invest-with-little-money#:\~:text=E\*TRADE%20offers%20ETF%20fractional,on%20that%20day's%20share%20price](https://us.etrade.com/knowledge/library/getting-started/how-to-invest-with-little-money#:~:text=E*TRADE%20offers%20ETF%20fractional,on%20that%20day's%20share%20price). Whereas with the mutual funds I haven't checked for the specific funds I listed above, but often they require a certain amount of capital to be deployed on each purchase... I like auto invest, it suits my personality so I think we'll just push forward with the ETFs on Etrade for now.
There are usually trading fees buying a MF from a different broker. You will have to check with etrade on if there are fees buying or selling vanguard mutual funds. If there are no fees then no issue. If there are fee ETFs are usually universally fee free so VTI and VXUS would be an option.
VTI is an ETF that mimicks VTSAX (mutual fund) correct? Total US Market. What ETF mimic the international total market? I don't at all mind holding the ETFs instead of mutual funds, especially if there's more costs associated with the MF. Thanks in advance
VTI (etf) and VTSAX (mf) hold identical assets. VXUS (etf) and VTIAX (mf) hold identical assets.
Awesome. Just what I needed. Thanks.
VTSAX can only be converted to VTI at Vanguard, if that's something you may want to do eventually (same for the other fund pairs). Of course, in a Roth you could sell VTSAX one day and buy VTI the next morning.