- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Sold a car...have about 20k to invest...but where?
Posted on 10/28/13 at 4:37 pm
Posted on 10/28/13 at 4:37 pm
I know there are a lot of threads like this but I figured I'd make my own.
All debt is paid off. Thinking of setting up a Vanguard ETF account. Looking at a lot of their offerings everything is at all-time highs in terms of performance since inception. Is it still a good idea to invest in those right now or wait for a pullback?
Any particular recommendations for specific ETFs if I go this route?
Thanks in advance.
All debt is paid off. Thinking of setting up a Vanguard ETF account. Looking at a lot of their offerings everything is at all-time highs in terms of performance since inception. Is it still a good idea to invest in those right now or wait for a pullback?
Any particular recommendations for specific ETFs if I go this route?
Thanks in advance.
3
Posted on 10/28/13 at 4:39 pm to bpfergu
quote:
Looking at a lot of their offerings everything is at all-time highs in terms of performance since inception. Is it still a good idea to invest in those right now or wait for a pullback?
Look at the average returns since inception. Yeah, most are upwards of 20% over the past year, but look at the average since they started the fund. The ones that I am in are 8% since inception and that is over 10+ yrs.
Posted on 10/28/13 at 4:42 pm to bpfergu
Glad I re-read "a car"
I was about to say buy another vehicle or you won't be making money much longer.
I'm in various Vanguard ETFs
VTI
VEA
VWO
VSS
VNQ
BND
You can do it simpler but I wanted to "split" the underlying assets up so I could more accurately put money into assets that are falling, etc. for DCA purposes.
I was about to say buy another vehicle or you won't be making money much longer.
I'm in various Vanguard ETFs
VTI
VEA
VWO
VSS
VNQ
BND
You can do it simpler but I wanted to "split" the underlying assets up so I could more accurately put money into assets that are falling, etc. for DCA purposes.
This post was edited on 10/28/13 at 4:45 pm
Posted on 10/28/13 at 4:44 pm to Teddy Ruxpin
quote:
Teddy Ruxpin
You seem to be in the know... So I can ask you instead of starting a new thread. Teach me something
What is the difference between a Vanguard ETF and a Vanguard Fund? I currently have funds, am I doing it wrong?
Posted on 10/28/13 at 4:48 pm to Lsut81
quote:
What is the difference between a Vanguard ETF and a Vanguard Fund? I currently have funds, am I doing it wrong?
At first it was the expense ratios (the ETFs were slightly higher at first, but have come down as more investors poured in) and the "liquidity" thereof.
Now its basically how liquid they are. I can sell an ETF at any point in the day, and not just at the end of business day like the funds. This can harm a buy and hold investor who doesn't have discipline however.
Now, the above applies to Vanguard index ETFs versus Vanguard Index Funds.
ETFs enjoy tax advantages over regular mutual funds because you don't realize capital gains as often.
Within the Vanguard index family I'd say there isn't much difference at all, but compared to other company funds you'd see the difference.
ETA: Forgot. The Vanguard ETFs don't have those minimum investments the funds do. If I have $50 bucks, I can buy VWO. I'd have to get $3,000 to buy into VEIEX which appears to be its fund equivalent.
This post was edited on 10/28/13 at 4:53 pm
Posted on 10/28/13 at 4:52 pm to Teddy Ruxpin
quote:
Within the Vanguard index family I'd say there isn't much difference at all, but compared to other company funds you'd see the difference.
Ok, so if I'm in long and this is just money I plan on letting sit, there no real reason to switch over to ETFs?
Secondly, wouldn't the ETF's have to be purchased through a broker and subject to commissions?
Posted on 10/28/13 at 4:53 pm to Teddy Ruxpin
Haha yes it was one of my side fun-cars.
By the way I guess I'll brag about it here. I bought it nearly 3 years ago and just now sold it for 3k more than I bought it for. Pretty proud of that.
I think I'm going to go the route of diversifying like you did. I'll look up those ETFs, thanks.
By the way I guess I'll brag about it here. I bought it nearly 3 years ago and just now sold it for 3k more than I bought it for. Pretty proud of that.
I think I'm going to go the route of diversifying like you did. I'll look up those ETFs, thanks.
Posted on 10/28/13 at 4:53 pm to Lsut81
quote:
Secondly, wouldn't the ETF's have to be purchased through a broker and subject to commissions?
All Vanguard ETFs bought via Vanguard are free of commissions.
If you have no problem hitting your minimum buy in requirements there probably isn't much reason to switch over that I can tell.
Posted on 10/28/13 at 4:55 pm to Teddy Ruxpin
quote:
If you have no problem hitting your minimum buy in requirements there probably isn't much reason to switch over that I can tell.
Nah, no problem
But I may look at buying ETFs too and playing the swings for fun
Posted on 10/28/13 at 4:56 pm to Lsut81
quote:
But I may look at buying ETFs too and playing the swings for fun
Ya, with all things, you get get sector specific ETFs and trade them.
I don't like that as that's pretty close to stock trading and I'm not comfortable doing that yet.
Posted on 10/28/13 at 4:58 pm to bpfergu
quote:
By the way I guess I'll brag about it here. I bought it nearly 3 years ago and just now sold it for 3k more than I bought it for. Pretty proud of that.
I think I'm going to go the route of diversifying like you did. I'll look up those ETFs, thanks.
Very nice making money off a car.
Instead of VEA consider VEU as well. It appears to cover slightly more countries oddly enough.
There are a few Vanguard funds/ETFs that are basically the same with oddly some countries missing from one or the other. I don't think this will cost you a million dollars or anything but something to keep an eye on.
They even break down ETFs to Europe (VGK) and (VPL) for the Pacific but that is just too much splicing for me.
This post was edited on 10/28/13 at 4:59 pm
Posted on 10/28/13 at 5:15 pm to bpfergu
quote:This is something that gets me too. But hey, the stock market will go up in the future. At least that's what everyone is banking on.
Is it still a good idea to invest in those right now or wait for a pullback?
Posted on 10/28/13 at 5:23 pm to jimbeam
If you're uncomfortable put the money in slowly over time.
Also, wire your mentality differently.
I remember being pissed when VTI would go to $68 before I purchased. Then mad when it dropped to $66 a week later. It's what, $90 now? I don't even look at that number except to make sure I have enough money to purchase however many shares,
It will rise and fall many times over many years and there's really nothing you can do about it or worth getting in a tizzy over.
Stock trading is a different matter.
Also, wire your mentality differently.
I remember being pissed when VTI would go to $68 before I purchased. Then mad when it dropped to $66 a week later. It's what, $90 now? I don't even look at that number except to make sure I have enough money to purchase however many shares,
It will rise and fall many times over many years and there's really nothing you can do about it or worth getting in a tizzy over.
Stock trading is a different matter.
This post was edited on 10/28/13 at 5:24 pm
Posted on 10/28/13 at 5:23 pm to Teddy Ruxpin
Posted on 10/28/13 at 5:40 pm to Teddy Ruxpin
Well, I learned something today.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News