Page 1 of 1

Best Schwab or Fido Total US Stock Market Index options for Taxable Account

Posted: Tue Aug 13, 2019 10:31 am
by CoastalWinds
I would like to start investing in either Fido or Schwab, in a taxable account. I would like to buy the most tax-efficient, lowest ER total US stock index fund. My questions are:

1. Which mutual fund is this for: Fido? For Schwab?
2. Are they more or less tax-efficient than VGs VTSAX?

Thank you.

Re: Best Schwab or Fido Total US Stock Market Index options for Taxable Account

Posted: Tue Aug 13, 2019 10:41 am
by livesoft
Maybe the bogleheads.org wiki has some suggestions? Let me look.
https://www.bogleheads.org/wiki/Fidelity
https://www.bogleheads.org/wiki/Schwab

Re: Best Schwab or Fido Total US Stock Market Index options for Taxable Account

Posted: Tue Aug 13, 2019 10:53 am
by snailderby
In a taxable account, the most tax-efficient option would be ITOT (at Fidelity), SCHB (at Schwab), or VTI or VTSAX (at Vanguard). FSKAX, FZROX, and SWTSX would be fine in a tax-advantaged account, but they won't be as tax-efficient as ITOT, SCHB, VTI, or VTSAX in a taxable account.

All of these funds have very low ERs. I wouldn't worry about a difference of one or two basis points.

Re: Best Schwab or Fido Total US Stock Market Index options for Taxable Account

Posted: Tue Aug 13, 2019 1:08 pm
by ruralavalon
livesoft wrote: Tue Aug 13, 2019 10:41 am Maybe the bogleheads.org wiki has some suggestions? Let me look.
https://www.bogleheads.org/wiki/Fidelity
https://www.bogleheads.org/wiki/Schwab
snailderby wrote: Tue Aug 13, 2019 10:53 am In a taxable account, the most tax-efficient option would be ITOT (at Fidelity), SCHB (at Schwab), or VTI or VTSAX (at Vanguard). FSKAX, FZROX, and SWTSX would be fine in a tax-advantaged account, but they won't be as tax-efficient as ITOT, SCHB, VTI, or VTSAX in a taxable account.

All of these funds have very low ERs. I wouldn't worry about a difference of one or two basis points.
Pretty much covers everything.

Re: Best Schwab or Fido Total US Stock Market Index options for Taxable Account

Posted: Tue Aug 13, 2019 6:03 pm
by usagi
snailderby wrote: Tue Aug 13, 2019 10:53 am In a taxable account, the most tax-efficient option would be ITOT (at Fidelity), SCHB (at Schwab), or VTI or VTSAX (at Vanguard). FSKAX, FZROX, and SWTSX would be fine in a tax-advantaged account, but they won't be as tax-efficient as ITOT, SCHB, VTI, or VTSAX in a taxable account.

All of these funds have very low ERs. I wouldn't worry about a difference of one or two basis points.
+1

Re: Best Schwab or Fido Total US Stock Market Index options for Taxable Account

Posted: Tue Aug 13, 2019 9:33 pm
by dardeninvestor
SCHB. Tax loss harvest with SCHX.