So I have been meaning to consolidate and simplify my Roth down to 3-5 investments. Currently I have both an array of different ETFs and 4 funds that I am in.

Would like to just go to one of the other, ETFs or Funds and then consolidate from there.

Any particular reason to do one over the other. I know the ETFs are generally a little cheaper and move flexible in that you can trade them more than once a day.

Vanguard does have the Admiral funds which have lowered fees while still be managed.

With the turmoil in the markets and a week working from the house, this seems like a good time to finally get this done.

TIA

4 ...

Report Post

Posted by AuburnCPA

Member since May 2008

18843 posts

Posted on 8/5/24 at 3:52 pm to GREENHEAD22

i do ETFs in my taxable account and mutual funds in my IRA.

ETFs result in less capital gains being kicked out so a positive for taxable accounts.

This post was edited on 8/5/24 at 3:53 pm

1 ...

Report Post

Posted by slackster

Houston

Member since Mar 2009

89380 posts

Posted on 8/5/24 at 4:10 pm to GREENHEAD22

I personally go passive (index funds) with about 70% of my funds, individual stocks with 15%, and active mutual funds with 15%. That’s a personal preference and active funds are pretty much

If you have no desire to deal with stocks, I’d consider 85% passive ETFs, if not more.

The mix of what funds represent a well diversified portfolio is a different discussion altogether.

0 ...

Report Post

Posted by Dav

Dhan

Member since Feb 2010

8125 posts

Posted on 8/5/24 at 4:28 pm to AuburnCPA

quote:
i do ETFs in my taxable account and mutual funds in my IRA.

Same. I also keep it very simple. One ETF (SCHB) for my taxable brokerage and one mutual fund (VTSAX) for my Roth IRA. I do have several index funds in my Roth 401k though and a chunk of change in a money market fund (SWVXX).

This post was edited on 8/5/24 at 4:30 pm

0 ...

Report Post

Posted by CharlesUFarley

Daphne, AL

Member since Jan 2022

722 posts

Posted on 8/5/24 at 6:06 pm to GREENHEAD22

There are some funds that have high investment minimums or transaction fees or some other obstacle to entry that are easily accessible through ETFs.

The DFA stuff is one example. I think they only sell their mutual funds through specific advisors but some of them have ETF versions you can buy on any exchange.

0 ...

Report Post

Posted by Rize

Spring Texas

Member since Sep 2011

17316 posts

Posted on 8/5/24 at 9:49 pm to GREENHEAD22

quote:
So I have been meaning to consolidate and simplify my Roth down to 3-5 investments. Currently I have both an array of different ETFs and 4 funds that I am in. Would like to just go to one of the other, ETFs or Funds and then consolidate from there. Any particular reason to do one over the other. I know the ETFs are generally a little cheaper and move flexible in that you can trade them more than once a day. Vanguard does have the Admiral funds which have lowered fees while still be managed. With the turmoil in the markets and a week working from the house, this seems like a good time to finally get this done. TIA

I’m following for good info. I just did my work 401k with advice from here and was told I had money in too many funds. Made the switch and actually had decent gains until the last week or two