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| re: Buying more of a mutual fund? (no message) This post was edited on 2/15 at 9:28 am Reply • Back to Top |
| (no message) This post was edited on 2/15 at 9:29 am Reply • Back to Top |
| Wait, Wut? ETFs are bad because they can be sold intra day? Good Lawd, I have heard it all. Reply • Back to Top |
quote: $20 to close a Roth with them. Reply • Back to Top |
quote: Not what I said, however ETFs were created to be bought and sold like stocks. So, it's easy to get sucked in to the temptation to buy and sell for some short-term cash. That's not how you build wealth for retirement. That's how you go broke. Also, Most of retirement investing is done systematically through small, monthly contributions to a 401(k) or ROTH IRA. ETFs charge a broker's transaction fee each time you add money—that's in addition to the funds' normal operating fees. Those fees can quickly eat into your returns. From the OP, I gathered he's not looking to be a trader or get involved in complicated investments, but rather a steady long term retirement investing approach. But hey, to each his own. Reply • Back to Top |
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| (no message) This post was edited on 2/15 at 9:31 am Reply • Back to Top |
quote:  Reply • Back to Top |
| Oh i buy all my vanguard ETFs through them so i dont incur any costs for the transactions Reply • Back to Top |
| I pulled my Roth out of USAA last year because of the stupid fees they charge to make transactions. I went with Fidelity and get the bonus of having my 401k managed by the same company. Reply • Back to Top • Refresh |
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