Scottrade No load no transaction fee mutual fund
Scottrade No load no transaction fee mutual fund
Can anyone suggest "no load", "no transaction fee" mutual fund to buy from Scottrade? I would like to invest $3K. Thanks
Re: Scottrade No load no transaction fee mutual fund
Transfer to another broker where there are plenty of these funds. For example, Schwab has lots of NTF index funds with low expense ratios and low initial minimums. Vanguard has some, too.
Ditch Scottrade now while it is easy.
Ditch Scottrade now while it is easy.
-
- Posts: 6393
- Joined: Fri May 13, 2011 6:27 pm
Re: Scottrade No load no transaction fee mutual fund
Asking portfolio questionao0680 wrote:Can anyone suggest "no load", "no transaction fee" mutual fund to buy from Scottrade? I would like to invest $3K. Thanks
http://www.bogleheads.org/forum/viewtopic.php?t=6212
This will get you best answer or getting started
http://www.bogleheads.org/wiki/Getting_Started
John
Re: Scottrade No load no transaction fee mutual fund
Thank you livesoft for the advice but if I must use Scottrade, are there any options?
John, thank you for the links, I’m going thru those and preparing for the big question “Protfolio question” but meantime I wanted to find out if I can buy any NTF and NL funds via Scottrade.
John, thank you for the links, I’m going thru those and preparing for the big question “Protfolio question” but meantime I wanted to find out if I can buy any NTF and NL funds via Scottrade.
Re: Scottrade No load no transaction fee mutual fund
You can go to Scott website and search for no load ntf funds with their mutual fundao0680 wrote:Thank you livesoft for the advice but if I must use Scottrade, are there any options?
John, thank you for the links, I’m going thru those and preparing for the big question “Protfolio question” but meantime I wanted to find out if I can buy any NTF and NL funds via Scottrade.
screener
"One does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity" –Bruce Lee
-
- Posts: 237
- Joined: Wed Dec 05, 2012 1:24 pm
Re: Scottrade No load no transaction fee mutual fund
I have not bought a mutual fund but in their mutual fund screener they have a large number of Vanguard funds available including total stock market, etc. Alternatively you can buy an ETF that covers what you want to invest in such as VTI for total stock market. I have been very happy with Scottrade.
Re: Scottrade No load no transaction fee mutual fund
You are better off buying etf since they don't offer many index funds or low cost funds. Or pay $17 to get yourself a vanguard fund if you want mutual fund only. My nephew has an S&P index fund through them but the exp ratio is around 0.30%.
Re: Scottrade No load no transaction fee mutual fund
Thanks for great advise everyone, I have to look up ETF’s they offer.
-
- Posts: 7502
- Joined: Mon Dec 17, 2007 6:32 pm
Re: Scottrade No load no transaction fee mutual fund
They will have any ETF, but you'll pay a transaction fee ($7). Cheaper than a non-NTF mutual fund, though. Remember that NTF funds will usually make you pay some other way, like 12b-1 fees.ao0680 wrote:Thanks for great advise everyone, I have to look up ETF’s they offer.
Brian