MPDOParticipantStatus: PhysicianPosts: 39Joined: 01/31/2018
“its both exciting, and literally anticlimactic at the same time.”
Haha…awesome! Thank you very much for letting me know what to expect. As nerdy as it sounds, this IS exciting!August 11, 2018 at 11:29 am MST #143322CordMcNallyParticipantStatus: PhysicianPosts: 2859Joined: 01/03/2017
The nice thing with Vanguard is that their ETFs and mutual funds have similar tax efficiency with the way they are set up. I think they have a patent on it for several more years if I remember right. Plus, with Vanguard, you can always convert your mutual fund to ETF, if needed.
“But investing isn’t about beating others at their game. It’s about controlling yourself at your own game.”
― Benjamin Graham, The Intelligent InvestorAugust 11, 2018 at 12:15 pm MST #143326ACNModeratorStatus: PhysicianPosts: 636Joined: 01/08/2016
Bumping an old thread. Finally started investing in a taxable account a few months ago with $1k/month. Therefore, I could only purchase VTI initially. Now, I have enough funds to convert to the mutual fund if I wanted to. Is there any reason to do so? I’ve read the bogglehead wiki, several threads, but I still don’t know!
If you're ever having a bad day, just remember in 1976 Ronald Wayne sold his 10% stake in Apple for $2,300.June 14, 2019 at 7:33 pm MST #222060PedsModeratorStatus: PhysicianPosts: 4452Joined: 01/08/2016June 14, 2019 at 7:46 pm MST #222062ACNModeratorStatus: PhysicianPosts: 636Joined: 01/08/2016
If you're ever having a bad day, just remember in 1976 Ronald Wayne sold his 10% stake in Apple for $2,300.June 14, 2019 at 10:03 pm MST #222076PedsModeratorStatus: PhysicianPosts: 4452Joined: 01/08/2016
Sell/exchange 🙄Click to expand…
no. you would likely create capital gains and pay tax.
if you dont like ETFs, just shuttle new money into MF.June 15, 2019 at 4:30 am MST #222109LordosisParticipantStatus: PhysicianPosts: 1863Joined: 02/11/2019
I went with the mutual fund because it was easier to automate. I also rather just buy the dollar amount that I want. With vanguard the tax efficiency is the same.
Also you can convert from mutual fund to eft but not the other way.
“Never let your sense of morals prevent you from doing what is right.”June 15, 2019 at 4:32 am MST #222110