VTSAX vs VTI (mutual fund vs etf)

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Q-Brick
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VTSAX vs VTI (mutual fund vs etf)

Post by Q-Brick » Fri Mar 15, 2013 6:54 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?

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ruralavalon
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Re: VTSAX vs VTI (mutual fund vs etf)

Post by ruralavalon » Fri Mar 15, 2013 6:57 pm

"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

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dmcmahon
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Re: VTSAX vs VTI (mutual fund vs etf)

Post by dmcmahon » Fri Mar 15, 2013 6:59 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.

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InvestorNewb
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Re: VTSAX vs VTI (mutual fund vs etf)

Post by InvestorNewb » Fri Mar 15, 2013 7:00 pm

Image
My Portfolio: VTI [US], VXUS [Int'l], VNQ [REIT], VCN [Canada] (largest to smallest)

gkaplan
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Re: VTSAX vs VTI (mutual fund vs etf)

Post by gkaplan » Fri Mar 15, 2013 7:05 pm

What's VTSAX?
Gordon

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LazyNihilist
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Re: VTSAX vs VTI (mutual fund vs etf)

Post by LazyNihilist » Sat Mar 16, 2013 10:43 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 /.]

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LazyNihilist
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Re: VTSAX vs VTI (mutual fund vs etf)

Post by LazyNihilist » Sat Mar 16, 2013 10:44 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 /.]

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William4u
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Re: VTSAX vs VTI (mutual fund vs etf)

Post by William4u » Sat Mar 16, 2013 12:50 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

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