A distinction without a difference. There are no minimum purchase requirements for ETFs, as there are for some mutual funds. ETFs can be traded during the day like stocks, while mutual funds are bought/sold based on the daily closing price.Thanks for replying. I guess I’m currently at a standstill because I’ve always thought to invest in Mutual Funds (Aka S&P and Total Market Index) in a 401K or IRA, and to use ETF’s such as Large Cap ones which are basically the same companies as the Mutual Funds in a regular taxable account.
You guys are recommending great Index Funds, so my question is what is the benefit of going with a Mutual Fund Index vs an ETF index?
Also, is it smarter to invest the lump sum at once or break it up into smaller increments over time? (Sorry if the topic has been covered somewhere else)
Thank you guys for the insight
So in your situation, it doesn’t matter. But I’m curious as to where you got the idea that one type belongs in tax-advantaged and one type in taxable?
Studies have demonstrated that, over the long run, it is better to jump in with a lump sum in terms of maximizing returns.
Statistics: Posted by delamer — Sat Jan 27, 2024 9:14 am — Replies 13 — Views 931