Deleted
Joined: Nov 24, 2024 12:00:32 GMT -5
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Post by Deleted on Feb 10, 2011 11:41:49 GMT -5
I was looking at Vanguard and they have both an ETF and a mutual fund that they consider equal. Which one is better and why? Is there a minimum purchase for a ETF?
The ETF seems to have a lower expense ratio, is this because you have to pay to both buy and sell the ETF?
ETA: Vanguard says there are no commissions for trading ETFs, this means no fee to purchase or sell, correct?
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2kids10horses
Senior Member
Joined: Dec 20, 2010 20:15:09 GMT -5
Posts: 2,759
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Post by 2kids10horses on Feb 10, 2011 20:52:54 GMT -5
I like ETFs because you can buy or sell them anytime during the day like a stock. Mutual Funds trade at the end of the day, after the close.
If Vanguard says there's no commission to buy/sell one of their ETFs, there's no commission.
I use Etrade. Commissions are minimal.
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