VTSAX vs VTI (mutual fund vs etf)

Have a question about your personal investments? No matter how simple or complex, you can ask it here.

VTSAX vs VTI (mutual fund vs etf)

Postby Q-Brick » Fri Mar 15, 2013 7:54 pm

Anyone have a good set of features that differentiate between the two?

I don't need all-day tradability. ETFs have transaction costs as well. bid/ask spread too.

What are the advantages/disadvantages of etf's vs mutual funds?
Q-Brick
 
Posts: 7
Joined: 13 Mar 2013

Re: VTSAX vs VTI (mutual fund vs etf)

Postby ruralavalon » Fri Mar 15, 2013 7:57 pm

"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started
User avatar
ruralavalon
 
Posts: 4327
Joined: 2 Feb 2008
Location: Illinois

Re: VTSAX vs VTI (mutual fund vs etf)

Postby dmcmahon » Fri Mar 15, 2013 7:59 pm

I like the intra-day liquidity of ETFs if I'm shifting assets. It's frustrating having to wait for the market closing price on a Mutual Fund, especially over the past few years when you could see relatively large price swings during the trading day. It was especially frustrating to have to wait several days for the cash to clear before buying the shares in the other fund, for the same reason.
On the flip side, mutual funds appear "safer" to me because one extra level of custodian risk is removed. With the ETFs, I have broker risk as an extra layer over the unavoidable fund-company risk.
User avatar
dmcmahon
 
Posts: 1751
Joined: 21 Mar 2008

Re: VTSAX vs VTI (mutual fund vs etf)

Postby InvestorNewb » Fri Mar 15, 2013 8:00 pm

Image
Current Holdings: VTI, VXUS, VNQ, VCE (largest to smallest)
User avatar
InvestorNewb
 
Posts: 813
Joined: 3 Sep 2012

Re: VTSAX vs VTI (mutual fund vs etf)

Postby gkaplan » Fri Mar 15, 2013 8:05 pm

What's VTSAX?
Gordon
gkaplan
 
Posts: 5141
Joined: 3 Mar 2007
Location: Portland, Oregon

Re: VTSAX vs VTI (mutual fund vs etf)

Postby LazyNihilist » Sat Mar 16, 2013 11:43 am

ruralavalon wrote:PROS and CONS, ETFs v FUNDS : viewtopic.php?p=767441#767441 ,

Also : http://www.bogleheads.org/wiki/Investin ... or_ETFs.3F .


These two links pretty much cover it.

For long term investors there's practically no difference. Whichever is convenient for you should be good.
The only problem is Entropy, leading to the eventual heat death of the universe. [Seen on /.]
User avatar
LazyNihilist
 
Posts: 700
Joined: 19 Feb 2011
Location: 5.82% (xirr)

Re: VTSAX vs VTI (mutual fund vs etf)

Postby LazyNihilist » Sat Mar 16, 2013 11:44 am

gkaplan wrote:What's VTSAX?


Vanguard Total Stock Market Admiral Shares.

https://personal.vanguard.com/us/funds/snapshot?FundId=0585&FundIntExt=INT
The only problem is Entropy, leading to the eventual heat death of the universe. [Seen on /.]
User avatar
LazyNihilist
 
Posts: 700
Joined: 19 Feb 2011
Location: 5.82% (xirr)

Re: VTSAX vs VTI (mutual fund vs etf)

Postby William4u » Sat Mar 16, 2013 1:50 pm

LazyNihilist wrote:
ruralavalon wrote:PROS and CONS, ETFs v FUNDS : viewtopic.php?p=767441#767441 ,

Also : http://www.bogleheads.org/wiki/Investin ... or_ETFs.3F .


These two links pretty much cover it.

For long term investors there's practically no difference. Whichever is convenient for you should be good.


Agreed. ETF or mutual fund. It doesn't matter. Just make sure to stick to the boglehead philosophy at
http://www.bogleheads.org/wiki/Boglehea ... philosophy
User avatar
William4u
 
Posts: 331
Joined: 1 Jun 2012


Return to Investing - Help with Personal Investments

Who is online

Users browsing this forum: castlemodesto, Drew31, eDiva, Exabot [Bot], Google [Bot], LongtermInvestor1, sjl333, Waterboy, wt8008 and 45 guests