Quick question I think I know the answer however would like some feedback from the forum. I opened in i401k with mysolo401k. I have set up a brokerage account with Schwab where I fund that i401k. In doing research I am comparing VTSAX vs SWTSX and they look to perform very similar with obviously different managers. I can but VTSAX through Schwab but pay $49.99 each purchase. SWTSX has no load no fees. I’m guessing the answer is no. Is that fee worth paying for VTSAX? Assets in VTSAX are around 40B and SWTSX are 9B. I’m think it doesnt matter quit as much which I pick but more that I fund the account. Thanks in advanceJuly 10, 2019 at 12:02 pm MST #229338Faithful StewardParticipantStatus: Financial Advisor, Small Business OwnerPosts: 428Joined: 06/12/2017
You may find this article, from back in January, helpful: https://www.thebalance.com/total-stock-market-index-funds-2466402
Michael Peterson, CFP® | Faithful Steward Wealth Advisors
https://ProsperousPhysician.com | (717) 496-0900
Thank you that’s perfectJuly 10, 2019 at 12:11 pm MST #229342jhwkr542ParticipantStatus: PhysicianPosts: 1210Joined: 02/15/2016
You’re correct. Buy Schwab’s. No significant difference between the 2 funds. Buy the one that costs less.CordMcNallyParticipantStatus: PhysicianPosts: 2477Joined: 01/03/2017
Buy Schwab. You should never pay a transaction fee like that in this day and age.
“But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”
― Benjamin Graham, The Intelligent InvestorPedsParticipantStatus: PhysicianPosts: 3946Joined: 01/08/2016Is that fee worth paying for VTSAX?Click to expand…I’m guessing the answer is no.Click to expand…
they are off by $300 over the last 10 years.
are you going to be buying more than 6 lots?July 10, 2019 at 7:18 pm MST #229427jacoavluModeratorStatus: Physician, Small Business OwnerPosts: 2069Joined: 03/01/2018
You can also check out Schwab’s target date index funds. They’re excellent fund-of-funds using their low fee index ETFs. Have a little bit of a small and emerging markets tilt and some REIT. A nice set it and forget it option.
The Finance Buff's solo 401k contribution spreadsheet: https://goo.gl/6cZKVA
Thanks I will do that! I have an 85/15 portfolio mix now and desire to keep that. Would setting it on a year to retire past my date likely get a greater percentage of stocks to bonds ?July 10, 2019 at 8:16 pm MST #229437
Yes I will make more than 6 lots so I now know your answer as well.
Thank you everyone for chiming in. New investor I think I knee the answers just lacked little bit of confidenceJuly 10, 2019 at 8:19 pm MST #229438jacoavluModeratorStatus: Physician, Small Business OwnerPosts: 2069Joined: 03/01/2018
Look at SWYGX
The Finance Buff's solo 401k contribution spreadsheet: https://goo.gl/6cZKVAJuly 10, 2019 at 8:48 pm MST #229440