Sell vtsax reddit. I keep between 6k and 12k in VTSAX at all times.

Sell vtsax reddit During periods where US outperforms international, VTSAX will have better returns. What brokerage are you buying VTSAX that you're paying any fees to do so? You can buy and sell VTSAX at Vanguard without any fees. This should be a learning example for why we want diverse investments. The difference between a TDF and a LS fund is that the former’s asset allocation glides as the fund nears retirement age, whereas the latter maintains a Hey there, Would like your feedback on a scenario: Let’s say you make $200k+ a year, plan to work 2-3 more years in corporate, spend around $50k a year, and have a $1. AT LEAST 20% of revenue for VTSAX indirectly has international exposure, and the remaining I personally like VTSAX (in Vanguard brokerage) more and wish I had invested in VTI instead for the funds in my Schwab brokerage since you can't move Schwab mutual funds to other brokerages without paying a modest mutual fund fee to sell. I'm pretty much 100% in VTSAX with a small amount in crypto and a small amount in real estate and I-bonds. New comments cannot be posted and votes cannot be cast. 03%) but, you can do things like tax loss harvest easier with ETFs in a taxable account, because there is so much liquidity and the sale executes immediately (great for limit orders). Just start buying FSKAX (Fidelity's total US market fund). Most brokerages have gone to commission-free ETF trades in the last few years, so if you wanted to hold the Vanguard fund in a non-Vanguard account it would be best to use VTI. Does anyone here hedge against losses in a big market crash by buying options on VTSAX equivalents? At 30 I got greedy, sold out and tried my hand at individual stock picking / day trading. Expense ratio of VTI vs. I read the simple path to wealth when I started investing and decided to go 100% into Vtsax. Money you want to save for long term and/or retirement should go exactly as you mentioned-- buy index funds, and don't sell them, for decades. But any chosen time horizon and way of presenting the data (i. buying a car 3. Just start investing in VTI. With any mutual fund you should look to see if there is a front-end or back-end load, what the ongoing expense ratio is, and if there's a minimum investment and then measure that You are correct regarding the expense ratios. 5% VTSAX 67% VNQ 7. ) I am in my 30s. travel 2. VTSAX definitely has good indirect international exposure, no doubt about it. I'm really concerned about those that are buying into that sort of talk and in turn are I'm pretty sure they're substantially similar. Let VTSAX just sit there. tech industry represented in appropriate proportion. Why do you regret buying VFIAX vs VTSAX? There is a >80% overlap between funds, and the remaining 20% is well correlated. You also have good tax loss "partner" ETFs. Be careful. Also potential capital gains taxes which I understand to be short-term if under 1 year. $ gifts to family members What say Bogleheads? Would you consider selling VTSAX and VTIAX in taxable, and then buying VTWAX in your Roth IRA, a wash sale? Reply reply As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Would it make sense to sell VTI now that I have the $3,000 minimum for VTSAX? The shares of VTSAX are half the price of VTI and therefore I would accumulate more shares quicker. Most brokers don’t allow you to buy & sell other brokers’ mutual funds without a fee. If you asked this question last year, it would have been higher. Nous parlons en anglais et en français. For example, you can deposit $500/mo to VTSAX directly and not think about it. If the two index funds are at two different companies they are considered different enough to avoid the wash sale rule to the IRS, even if they track the same index. 1% average rate of return since 2006. Vtsax to schd . VTSAX let's you put any amount of money in assuming you have at least 3k and you can only buy at the end of the day. Dont plant to use this portfolio for at least another 20 years. It fully depends on how US and international perform over a given time span. Also offers the ability to tax gain harvest by selling and buying right back. Alternatively, given that it's basically the same, you could leave it (so long as it balances in the way you want). Either we found the cash or we borrowed. With VTSAX, you buy/sell at the end of day price regardless of when the transaction goes through. At the moment I have ~$50,000 in an online savings account making a pitiful 1. Popular tips would be to hold VTSAX and then get a bond fund or global stocks index fund/ETF I would not hold 100% VTSAX now, but up to 80% or so sounds okay. Studies have been ran that find most people can't handle 50% market downturns and sell out at the bottom(and View community ranking In the Top 1% of largest communities on Reddit. 000$ to start investing. and non-U. There are plenty others as well. Currently it is sitting at $113. reading financial statements, listening to conferences, digging deep into products, etc. You could sell VTSAX and VXUS and put it all in VT, or you could sell VT and split it between VTSAX and VXUS based on your preferred % of US vs international. For example, on a $10k investment VTSAX would cost you $4, whereas VTI would cost you $3. You include it for diversification since it is not perfectly correlated with VTSAX. Whenever my VTSAX balance reaches 12k, I convert half to VTI. If you're selling your VTSAX at a loss, you will cause a wash sale by buying it in your Roth IRA within You can call Vanguard and ask them to convert your VTSAX into VTI. Rinse and repeat. I rebalance once a year but that usually includes contributing more to a specific fund, not selling to rebalance. While not exactly the same, they’re close enough that you should not sell one just to get the other. when you buy or sell a mutual fund the transaction is calculated at the next calculated NAV - generally relatively soon after the close of the markets each trading day. It's pretty diversified just by itself. But not VTSAX. A short and intermediate bond index fund sounds fine for 10-40% of allocation when you are within 5-10 years of needing to withdraw money. Not a If you feel you still want to buy VTSAX in the future, keep some balance in VTSAX. Doesn't matter if market pushes your account below $3K. If you think it will go back up, stay your course. Just sell VTSAX and buy VTI then you don't have to worry about anything. Likely even you don't know. Or check it out in the app stores (Boglehead's Guide to Investing) and I'm wondering/becoming anxious about my IRA being entirely in VTSAX. 03. You can purchase 3k, sell $2999, and then invest smaller amounts automatically at your convenience. So you’re giving up less growth for 3. Not all parts of your portfolio will be doing equally well at the same time and that is the point. ), they have the exact same dividend yield, and they earn the exact As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. I was recommended that buying into VTSAX is a good long term retirement move. It was a bit of a shock to read this morning that perennial favorite VTSAX's top holdings are essentially just FAANG (Facebook, Apple, Amazon, Google/Alphabet, Netflix), NVIDIA and Berkshire/Hathaway - making up a full 25% of the fund's holdings. Even if you Roughly 80% or so of VTSAX is VFIAX. The difference in fees is miniscule (0. Then start shifting into the treasuries. Don’t sell your VOO and create a taxable event. I love vtsax guy as a novelty account, but proferring 100% vtsax as serious advice is rather bad advice, especially for individuals who haven't proved they can hold in a down market. If the money is for retiring in 40 years, it was probably a good decision. Reply reply That’s what I thought too based on the Reddit posts I’ve seen, but the Vanguard rep I talked to said the process is basically the same as selling VTSAX and then purchasing VTI. The fund is sold, then, upon settlement, the corresponding buy is placed. So there’s no easy answer here. Please be respectful of each other when posting, and note that users new to the subreddit might experience posting limitations until they become more active and longer members of the community. Others might like to time the market by buying or selling ETFs at a particular time, instead of waiting until the end of the day. 04% for VTSAX), but slightly lower returns over the long run (like . I’m 24 years old and I have holdings of VFIAX, VTSAX, and VWUSX in my Vanguard brokerage but I’m wondering if it’s fund overlap if I have both funds that essentially operate the same. VTI as an ETF trades like a stock and will be easier to buy/sell at at particular price. Don't fritter money away buying VTSAX in your Fidelity account. 2009 - 2020 was one such period. and with dividend reinvestment off and just make sure I have made no purchases Hello, I know all the ins and outs of VTI vs VTSAX. It was previously purchased and held at another brokerage and then transferred over to my current when I switched. In fact, companies like MSFT, AAPL, and FB are the main sources of international exposure through Eurozone and Asia-emerging exposure. The S&P 500 forms the majority of the American stock market, so it tracks pretty closely with the total market. For a buy and hold investor, minimal diff. The ETF equivalent is VTI but it is the same underlying fund. It prioritizes losses (if you have them) over gains when selling shares. If it's a taxable account, and they don't charge a fee for individual stock/ETF trades then I highly recommend going with the Vanguard ETF versions instead of the Mutual Fund versions. You're confusing the tool (index funds) with the purpose (long-term savings/retirement). I know eventually I should add a global index and maybe when I hit my late 40s or so start buying into bonds slowly. I have a question regarding my gains in my Roth IRA account where I hold VTSAX. 04%). As long as you never touch a button that says "withdraw", and money never leaves the Roth IRA and ends up in another account: you're fine. VTSAX already has the U. With VTSAX, you can also setup automatic contributions so it can be 100% hands-off. BRK. 04%) and VXUS (. " So you may ask yourself "Will I have the attention and timing to quickly react to ever changing market conditions to If we have a large drop you can sell VTSAX and buy VOO for any tranches that are losses and do something called Tax Loss Harvestingif you want. One of the mutual funds we found in our scan was Vanguard’s VTSAX. In most cases you can hold VTSAX at other brokerages besides Vanguard, but usually there is a transaction fee for buying/selling the fund through third party brokers. com Visa Card — the world’s most widely available crypto card, Selling earlier than what? From what I can see, there would be a back end load fee, as well as an early redemption fee. My current ROTH allocation is 75% VTSAX and 25% VTIAX. Having a goal for the money will also help you remember that it's there for a reason when you want to sell it for a trip to Cabo on spring break (or whatever the kids do these days). Also, this is a Roth IRA account. Ultimately, lost a bunch of money and it's not worth the stress and sleepless nights IMO unless you really have fun researching stocks, e. So if that other ~20% extended market overperforms, VTSAX benefits and VFIAX loses out; if that ~20% extended market underperforms, VTSAX still has the majority of its weight in the part Even if you wanted to transfer VTSAX to another brokerage, they'd probably let you sell VTSAX for free (but not buy more). VTSAX purchases settle at the end of the trading day and you cannot sell options since you're not buying individual shares. Then either switch everything back to VTSAX or just re-start investing in VTSAX and leave a block of VOO in your portfolio. I don't see why ignore international though. Because this money is going to be in a taxable account Vanguard has an advantage because they don't do capital gains distributions, and in the long run that will save you a ton of money on taxes. VTSAX + VXUS = VT So, they're literally the same thing. im probably gonna get downvoted into the abyss, but 100% VTSAX is fine imo. 9% equivalent. Average performance over the past 50 years is for all practical purposes identical. I keep between 6k and 12k in VTSAX at all times. Whereas with VTI, at (nearly) all brokers, it is free to buy & sell whenever you please. g. A to BRK. (My Roth IRA is a target fund. Our goal is to help Redditors get answers to questions VTSAX is the same as VTI in preformance. You can transfer VTSAX shares directly to many brokerages. VTSAX and VOO move with 99% correlation, but VTSAX is not in fact an S&P 500 index fund and would likely not be considered a wash sale as it has a substantially broader mix of equities. The company's mission is to maximize the value and utility of digital assets through our comprehensive product suite including advanced trading solutions, liquidity aggregation, tax-efficient asset-backed credit lines, a high-yield Earn Interest product, as well as the Nexo Platform and Nexo Wallet with their top-tier Other than selling investments inside 529 accounts to pay for college, we've never sold an investment to fund something. 03 expense ratio Yes. Are people only buying VTSAX $3k at a time? The 3k minimum is usually only on the 1st purchase, once you have $3k, you can then buy $5 worth the next time around. In an effort to minimize/streamline (thanks in large part to this forum), I recently sold some individual stocks with the goal of plowing those proceeds to further increase my VTSAX holding. For new investors VTSAX is better as its easier to set up automatic monthly deposits that go directly into the funds. investing in a business 4. If you sell it for less than you paid, you have a capital loss, which is a deduction. VTSAX was established in late 2000, not far below the dotcom bubble highs. I could sell my VTSAX in my brokerage account, and still not pay any taxes due to not making hardly any gains, and I could reinvest that money into VTWAX. However, many people tilt VTSAX (or even go 100% VTSAX) because VTIAX has an effective expense ratio of 0. Honestly, VTIAX is heavily weighing me down atm. 04 and VTI's is 0. If you want create your own VTI with the VOO you already have, buy VXF at 20% of the value of your VOO. or, if schwab offers a button combination that lets you exchange VTSAX for SWTSX, they're performing those two actions in a single instant for you, for convenience. I use it in most my accounts. (VTSAX) Price: $72. I remember at least one kid calling me SCHB/SCHX for a VTI comparison. If that happens, you'd have to sell, pay taxes, and The brokerage only has VTSAX, and the Roth only has VTWAX. I own this is my taxable account for this reason alone. Under Where's the money going?, click Add another Vanguard mutual fund. (Note: This conversion is one-way; you can't convert VTI to VTSAX. Most like ETFs as they can be sold during the day. If you are OK with buying VTI during market hours, you can now buy fractional shares of VTI. I like the convenience of automatic transactions w/ the mutual fund shares. A big crash could possibly be coming . Our goal is to help Redditors get answers to questions about Fidelity products and It is not uncommon to see decade long periods where large cap and growth stocks outperform. And if you're only going to Some kind bogleheads helped me understand why VTSAX was better. What should I do now? Stop investing in VTSAX and start VTI or sell VTSAX and buy VTI? I dont have any retirement accounts. Most US indices have had "poor" returns if you pick that as your starting place. In case you ever want to move brokerage houses, VTSAX will not transfer as it's a fidelity specific fund. I am up roughly $8,000 in it. Would I sell a bunch of VTSAX to go buy a rental property? Only if it was a seriously distressed seller, where I’m getting it at a significant discount over the market. VFIAX and VTSAX perform very similarly. Or check it out in the app stores &nbsp; &nbsp; TOPICS but VTSAX can auto invest. The only difference, in principle, is that VTI is an ETF, and VTSAX is a mutual fund. If you are selling for a gain or you are selling in retirement accounts, you don't have to worry about the wash sale rule. It's returned at about 15% since it was moved over to Vanguard. stock market. I know past performance dosent predict future returns, but there is valuable information to be learned and should not be ignored entirely. Hi, I am wondering why (or how) Vanguard is able to offer a lower expense ratio for its total stock market index fund ETF than it does for its mutual fund equivalent. VTSAX is a mutual fund whose only holding is VTI. So if you placed a buy for VTSAX this early this morning, the NAV you will purchase at will be lower than the NAV you saw when you placed the buy. 2% VYM 1. Buying VTSAX won’t be free. 54 I’ve been buying VTSAX forever. As I read more I keep hearing about ETF’s but don’t understand why they are better. Don't sell. FSKAX tracks the Dow Jones US Total As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Fidelity will charge you $75 to buy VTSAX. I guess it just saves you from having to take the time to locate shares at a loss through SpecID. In a Roth IRA, the main difference is going to be that a mutual fund allows putting in/taking out any dollar amount, whereas ETFs can only be traded as whole shares (unless your brokerage offers fractional shares; Schwab is apparently launching this VTSAX is definitely a good choice for a simple single ticker to dump money into (I even think it’s outperformed the SPY since VTSAX’s inception but don’t quote me on that). The funny thing I think is that it seems like to me everyone on Reddit talks about VTI instead of VTSAX. I made an extremely large VTSAX purchase 2 years ago and it's still down 2-3%. You can’t live in a mutual fund. Really up to your investing style. This method tries to avoid or minimize creating a negative tax consequence if you have both gains and losses. 33 years old. Based on the market now should I start this DCA investment ASAP or wait for a next dip? Thanks! If the money is for buying a car in 18 months, it was probably not a good decision. I’d rather not sell but I’d like a second opinion on if rebalancing is necessary since I have a long time horizon of investing. 5M in your portfolio, half in taxable and the other half is split between Roth IRA and pretax 401(k). But why? Get a My understanding is that VTSAX and VTI are nearly identical and are equally tax efficient, and the only benefit to VTSAX is that you can automatically contribute to it. and it is my job to make sure I’m eating steak for supper. VFIAX isn't a terrible choice. 2000s was the worst decade for the stock market in a really long time. If you’re interested in auto investing into VTI you can use M1 as you mentioned or JP Morgan for Vtsax without any minimums, and I think E*Trade allows auto into VTI also. The things is: when you start retiring, you probably want to start shifting your assets into fixed-income or something more conservatives so that you can reduce the drawdown during a downturn. VTI and VTSAX have the same expense ratio. Should I sell to secure those profits VTSAX is a mutual fund and VTI is an ETF tracking the same index. Though the expense ratio is considerably higher than a vtsax would be. They are 99. If they sell something at a profit, there is tax on the profit. Save up $3K. 00 dollars. s an investment, VTI and VTSAX are completely identical. Is this too high to jump into or should I wait? I will be moving 100k into it from my Roth IRA to start off. Our goal is to help Redditors get answers to questions about Fidelity products and services, money movement, transfers, trading and more. Admiral shares is only good if you buy them with Vanguard but again each of this required min of 3. An IRS rule says if you sell a stock or ETF at a loss in a taxable account, but you have bought it or a similar fund within 30 days before or after in a tax-advantaged account, you NEVER get to claim the loss on your taxes. S. Pretty sure JL Collins specifically recommends VTSAX. There's no reason to use the three funds to mimic the single total market fund. <I would recommend Vanguard for investing, and buying VTSAX, their total market fund. get reddit premium. Instead VTSAX you can buy ETF VTI on m1. But of the two, VTSAX is better. The goal of that is to prevent frequent / large trades that might cause the fund to have to sell shares of the underlying holdings to meet redemption requests (which has a potential negative impact on the rest of the holders of the fund due to realizing capital gains that would need to be distributed SWTSX has a slightly lower ER (0. If VTSAX had to, for some reason, sell a position that it had held for many years which had a very low cost basis, there would be a gain determined by the difference. ITOT - Total Stock Market ETF 0. 2002 to 2022: about 8% annualized return with more or less "set and forget" contributions to a three fund portfolio of VTSAX (70%), VTIAX (25%) and VBTLX (5%). This violation occurs when you buy a security without enough funds to cover the purchase and sell another, at a later date, in a cash account. Same goes with VFIAX = VOO. If Vanguard will sell me the exact same thing two different ways, but give Yes you can hold in both, No you won't trigger a wash sale unless you are selling VTSAX at a loss and claim the loss on your taxes while buying more VTSAX within 30days. If you have a $3000 minimum in VTSAX, you can invest $1 at a time more. You want to avoid selling anything from your taxable account if you don't have to so you can adjust your US/international percentages by making your monthly (or whenever) contributions into the taxable account to whichever fund brings But, really, if you’ve invested $3k in VTSAX, I would recommend just leaving it there forever. com is the best place to buy, sell, and pay with crypto. Here is the current portfolio at Vanguard (1m total): VBTLX 14% VTIAX 6. I went to exchange the Vanguard funds into their Fidelity equivalents just now, but I now have to pay a $75 fee to sell. I do this regularly. 1% lower than VTSAX). I don't believe there is a VTI to VTSAX conversion like there is for the reverse on Vanguard. Reddit, we want to introduce you to the newest set of mods who are joining our sub to help you wonderful people out! That is, if you’d like to automatically invest a certain amount each week or month, you can only do so with VTSAX, not VTI. Instead they are playing a game of leverage that requires them to sell This type of sell-to-buy transaction is known as a cross-family exchange. Should I mix it up and add in bonds I know I am young so idk if that would be worth it. (See wash sale rule for more details). Hi Reddit Bogleheads! I’m a newbie to investing and Reddit so please forgive my naivety. However, keep in mind that this difference is minimal. But VTSAX charges 0. inflation-adjusted or otherwise) can be subject to cherry-picking. I'm in SWPPX for the long haul so I am not concerned about the ability to buy and sell inter-day. VTI you only need to worry about when you sell the ETF, never worrying about any of the going on’s behind the scenes of portfolio/index rebalancing. Type in VTSAX, then enter $3,000 for your dollar amount. There will be no performance difference. Your 401k is different and won’t have that fee As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. You can transfer it without selling to any brokerage in the world and buy/sell without any fees. This is the fund company’s Total Stock Market Index Fund. If this is in a taxable brokerage account, then you'll have to consider taxes. ETFs join leave 269,938 readers. The VTSAX requires a minimum $3k to start so I have to buy $3k at once to start. Or check it out in the app stores I was considering adding VHYAX to my position of VTSAX but wasn’t sure it was even worth diversifying. that are inherent from buying ETFs that aren't a factor when buying a Mutual Fund. All in VTSAX? Is it okay that I am 100% VTSAX in my Roth? I would say no. 7-99. Last but not least - if I were to switch I need to sell VTI and put the order VTSAX within the same day, correct? This would prevent taxes on my gains or trigger some IRS bs (my tax returns are pretty easy being a student with limited income). This helps me not emotionally buy/sell and just auto-invest. I'm not sure about ETrade. 3% dividends rather than buying the market and just selling 3%-4% when you need it ? Is there any benefit to selling $32K of an IRA. A cross-family exchange commonly takes more than one market day to complete and is often used when selling all shares of the selected fund. so not 10 yeras, but it was a good 8 years since i was positive. VTSAX trades only at the end of the day, making it easy to set automatic investments. Welcome to Canada’s official subreddit! This is the place to engage on all things Canada. So we put half down and financed the other half. If you shift everything immediately to bond Nexo is the world’s leading regulated digital assets institution. Maybe I should speak to To quickly answer your question, you can find similar Fidelity funds to the Vanguard Total Stock Market Index Fund (VTSAX) with our Fund Screener tool. When you sell securities, the proceeds from the sale go directly into your settlement fund on the VTSAX is likely going to be less volatile compared to VITAX, so if the current market is concerning you, I'd shift some money to VTSAX assuming this is an IRA and not a taxable account. If you're already at Fidelity just sell your stocks and buy shares of FSKAX — Fidelity's version of VTSAX. The settlement of the buy and the subsequent When you buy securities, you're paying for them with money in your settlement fund. Thoughts? Keep piling VTSAX into my Roth or convert to SWTSX for all future US Total Market Get the Reddit app Scan this QR code to download the app now I had 3 core portfolio in my 401k. The same rules apply for mutual funds or ETFs. This is an expressly allowed loophole when tax loss harvesting. VTSAX is a mutual fund and offers the ability to automatically invest, buy fractional shares, and auto invest all dividends. VOO to SPY probably would but there is not a ruling from the IRS on this to my knowledge. 4% My main worry is if its worth selling the ETFs with a higher expense ratio and paying the taxes, then moving everything to VTSAX in Vanguard, or should I just stay put and move future money to an index fund? Here's what I've got. With VTSAX, you purchase whatever dollar amt you want without regard to share price. Makes sense. It’ll mirror similar returns to VTSAX (inconsequential differences). 00 dollars in VTSAX right now. At worst, you're looking at a 30 day delay from switching strategies before its safe to sell in your taxable accounts. I believe the IRS considers mutual funds from different brokers to be NOT substantially similar even if they track the same index. My 401K is much more diversified, for whatever that's worth. com serves over 80 million customers today, with the world’s fastest growing crypto app, along with the Crypto. If you're selling your taxable account VTSAX at a gain, you don't need to wait at all. Internet Culture (Viral) Amazing; Animals & Pets Why did you start buying VTSAX instead of VTI? The difference in expense ratios is $1 per year per $10,000 invested. Yes, IIRC it’s a 30 day timeout between a sale and new purchase of a mutual fund. or not. This year will be a really bad tax year and I will be in the top tax brackets. Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) - Find objective, share price, performance, expense ratio, holding, and risk details. I set automatic investing for 2x a month in each account. With that, you can sell VTI and immediately buy VT reducing the time you spent being out of the market. Archived post. " VTI/VTSAX have made good, steady gains over the last couple of years and keep peaking, which makes me wonder - Did I miss the right time to It’s always how it works for VTSAX because VTSAX is a mutual fund and that’s how mutual funds work: all transactions, regardless of when they’re submitted,’execute at the end of the next trading day and get the closing price for that day, which is calculated directly from the closing prices of the underlying assets, called Net Asset Value. r/personalfinance A chip A close button I don't really think I need the bonds included in VFFVX and was thinking of just selling VFFVX and reinvesting it in VTSAX. weights depending on market conditions. You're talking about $1/year for every $10K invested in the fund. Looking back at the process it seems I should have: sold the funds at Vanguard to cash made the transfer If you look at the Morningstar $10,000 performance chart of each fund you would see that VTSAX has returned 266% over the last 10 years while VOO has returned 263% over the same time period. VTSAX is for long-long term growth, we are talking decades. Skip to main content. Should I accept the 25% loss, sell the funds, and reinvest it into VTSAX/VTWAX for safer diversification? Or should I wait a few more years to see if I can get my initial investment back before selling? our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates Posted by u/kuhplunk - 8 votes and 18 comments Hi, I'm a new Boglehead. View community ranking In the Top 1% of largest communities on Reddit. The disadvantage to converting is that Vanguard doesn't have fractional shares. It As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Moving VTSAX to Fidelity on the other hand would result in paying $75 per trade fee. Or check it out in the app stores &nbsp; &nbsp; TOPICS. Open menu Open navigation Go to Reddit Home. There’s practically no difference between holding VTI and VTSAX if you’re looking at cost efficiency, you’d just be analyzing pennies. All in VTWAX? Sure. 03 expense ratio 80k invested VOO - Index Funds S&P 500 ETF 0. If you want to go the mutual fund route, SWTSX is the equivalent of VTSAX and it will be free. There is a difference in how they work though. After your initial investment, you can buy exact dollar amounts moving forward. With VTI there are a couple of extra steps that can get annoying if your doing them every month. The equivalent of VTSAX is VTSAX but Fidelity will charge you a $75 transaction fee for it. I’ve recently inherited some money that I’d like to invest. It is down about 15,000. I recently said screw it I am going 100% VTSAX. As the title suggests, it attempts to track the VTSAX mirrors the CRSP US Total Market Index, capturing the broad US stock market, including large to micro-cap stocks. Would that be Yes, you should be able to. It may dip back under $100 per share sometime in the next 12 months but I think it would be just as likely to beat the high from 2 years ago in the same 2: Is the rate of return with VTWAX lower than VTSAX because it is the safer option? No. 4% VEMAX 1. Under Where's the money coming from?, select From my settlement fund. It offers diversified exposure to the health of the Do you have a positive long-term outlook for VITAX? If you sell now, you’ll cement those market value “losses” into real dollars. You can find a link to this tool below: Fund Screener. 82 users here now. Try this: Click Buy and sell-> Buy Vanguard funds in the section for your Roth IRA. In fact, they’re different enough that I believe you can even use them for tax loss/gain harvesting (sell one and buy the otherclaim loss or increased basis if low enough to avoid capital gains). For VTI you'd have to buy 2 shares at $217 each and have leftover money not invested. They hold the exact same collection of stocks (every individual publicly traded stock in the U. It will move with the market Buying VTSAX through another brokerage could have exorbitant purchase fees. Whatever works for you If you move VTSAX to a broker other than Vanguard, then try to sell, you will most likely be charged a per-transaction fee of $25+. If you're concerned about that, VTSAX/VFIAX would be different for wash sale purposes but track each other very closely. It tracks the CRSP US Total Market Index. The worst case was when we bought our last minivan, I could have paid cash for it, but I wasn't emotionally ready to write that check. VTSAX . As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Reddit's home for tax geeks and taxpayers! News, discussion Well, for one I hear they have a $75 fee for buying VTSAX Reply reply As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity Associates. Bonds can wait. If you adopt a small cap and/or value tilt but give up after years and years of underperformance, then you will get a worse outcome compared to just buying and holding VTSAX. I read Bogle's Common Sense book and want to get into investing in index funds. I was in elementary school when Star Trek (TOS) began. get VTSAX (. Crypto. I was of the mind that index funds are basically just keep buying, never sell, and hold for 20+ years. You can trade VTI intra-day and sell options as it's a ticker. With VTI, there VTI makes you buy a whole share if you use vanguard and can be bought and sold within the day. Doesn't matter it goes up 30%, doesn't matter it's down 40%. Our goal is to help Redditors get answers to questions about VTSAX is a tax efficient mutual fund, so if you’re happy to keep it but want to diversify within your taxable account, your lowest tax option would be to stop buying VTSAX and start buying a tax efficient fund with holdings that doesn’t overlap with VTSAX’s holdings. We don't need the cash to live on day to day, but could use it for possibly 1. 01% more in fees for that privilege. Or check it out in the app stores &nbsp; &nbsp; TOPICS Was having some trouble buying an ETF on the Vanguard app, and saw VTWAX is the equivalent mutual fund of VT, the ETF I was going to buy. 08%), and just set up your automatic investment to Some brokers charge fees to buy/sell competitor's mutual funds. I held VTSAX and VTIAX at Vanguard and they came over into Fidelity as the same funds. Click Continue below. So its sharpe ratio is going to be worse than VTSAX due to those two factors. The Boglewheads wiki has a complete rundown on the pros & cons of each. Buy the TDF with future contributions. I know I should not time the market but putting $3k all at once is also a big amount. If you just move all your investments to what has done best in the recent past, you will eventually find yourself underperforming. I think Schwab has 3rd party mutual funds from T Rowe Price that might have $0 commissions (I could be wrong though), so other non-Schwab mutual funds (not ETFs) like Vanguard and Fidelity will have a fee for each purchase. VTI/VTSAX (same fund: VTI is ETF class, VTSAX is traditional mutual fund) is an excellent choice for one's equity allocation. 04% and VTI is 0. As for the bond fund, an increase in interest rates will lower the price of the bonds that are currently held by the fund, so the price of VBTLX will definitely go down. This allows me to place orders outside market hours and I know I'll get the next NAV. I am currently maxing out my 401k, Roth IRA, ESPP, and now have the opportunity to start investing in a taxable brokerage account. This is a benefit I don't need. Since Schwab doesn’t allow fractional shares, buying an ETFs that is cheaper in price will allow you to have less money sitting on the sidelines while you can get a full VTI share. I could put that cash into some 5+% CDs. 25% and am considering keeping just enough in there for an emergency fund and moving the rest into a taxable brokerage with Vanguard (all in VTSAX). An alternative is to buy VTI, the ETF equivalent and then when you have 3K, you can sell without worry of my vtsax fund has had an 11. Or check it out in the app stores &nbsp; &nbsp; TOPICS I've been following "The Simple Path to Wealth" and putting all my eggs in the VTSAX basket, however I was doing some research and historically the returns on both mid and small cap indexes have been higher than the total Crypto. If it doesn’t have to be Vanguard funds theres SWTSX at Schwab and FZROX at Fidelity. I like the idea of having VTWAX but didn't know if it was worth having the same portfolio in both accounts. However, in 2012 my fund was still down from 2006. If you want to be able to trade or see the Worth noting you can always switch strategies from VTWAX to VTSAX + VTIAX in an IRA pretty easily, since there is no tax loss there. B would trigger the wash sale rule, but VTI to VOO would not. 03% vs 0. As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity – directly from Fidelity The wash sale rule comes into account when: you sell at a loss in your taxable account (therefore you incur capital losses) you buy the same or similar security within 30 days before or after the sale. Thank you for any advice. Is my best bet to just bite the bullet and sell it and switch everything at once, or is there a better way to go about fixing this mistake? Nah. So, if you have $10,000 worth of a stock, and sell half at a profit, you pay tax only on the amount of the profit, not the full $5000. Both very similar funds to Vtsax / vti without any minimums. e. If the Vtsax in a non tax advantaged account, check with your broker to see if they allow selling by specific lot. VTSAX and VTI are identical in performance. Haven't seen it mentioned here, but VTSAX is not optimal for non tax advantaged accounts. You can sell VTSAX, and buy SWTSX (two steps). It sounds like you are committed to mutual funds because of the ability to auto-invest. Get the Reddit app Scan this QR code to download the app now. I'd probably convert to VTI before transfering though. If you prefer VTSAX only executes trades once a day after market close. Or, you can call Vanguard and ask them to convert VTSAX shares to VTI shares, which can be transferred pretty much anywhere. I realized I forgot to add the second part of my "NTSX in taxable" reasoning. The only benefit is that you can buy partial shares of VTSAX. Should I sell my VBIAX and move it into VFORX or VTSAX Sure, in a tax advantaged account like a Roth IRA, there are no tax consequences to selling all your VBIAX and buying VFORX. What convinced me to finally decide to go with VTWAX , which I only decided this morning, was to the effect that someone either in this Subreddit or on Bogleheads. I am new to stock investing but would like to start. 40% due to overseas taxation, as well as uncompensated currency risk. Then invest in VTSAX. Though I am very intrigued by VTI/VTSAX, Bogle said in his book that "past performance doesn't guarantee future gains. Selling VTI and buying ITOT as an example. To me, the differences are trivial. I would not recommended you buying this from other brokerage because of high fee per trade. ) Slightly better ER with the ETF (VTSAX 0. Once you type in "VTSAX" into the Fund Screener, you will be brought to an overview of the fund. It should show Funds available to trade You’re looking at IRA fees for buying VTSAX. So, my question is, do I sell the VTSAX, which will generate taxable proceeds (it's up 21%), and put that, plus the stock proceeds, into a single VTI position? Or, does it Get an ad-free experience with special benefits, and directly support Reddit. I have around 86,000. VTSAX's expense ratio is 0. It’s my Generally the knock on mutual funds is either a) higher expense ratio, b) minimum buy-ins, c) loads (more fees when you buy or sell), or d) a combination of the three. Sell the equities and simply buy into a target date fund? VTSAX is an index fund that holds the entire U. I invest in both according to world capitalization (so about 50/50). There is no further difference in what they are. For taxable account VTI is far more portable. org wrote "VTWAX will fluctuate between U. . Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U I wouldn't sell with the hope of buying back in lower, but there are reasons that it would be fine to sell. Since VTSAX and VTI are significantly similar, selling your VTSAX over multiple years will potential reduce your taxes this year and following years At Vanguard, you can buy VTSAX (assumes you have more than the minimum required) and convert it to VTI Tax free. Sell the lots with losses first you can harvest these losses come tax time, then sell the ones that have gained the least. Or $100 per year per $1,000,000 invested. VTSAX and VFIAX have been nearly 100% correlated for the last 20 years (unsurprisingly because VFIAX is about 85% of VTSAX by weight). It's just A fee difference that can be easily eroded by bid/ask spread, intra-day price fluctuations, etc. Reply reply As an official Fidelity customer care channel, our community is the best way to get help on Reddit with your questions about investing with Fidelity There’s no argument here. You can think of VTSAX as VOO with added medium and small companies. VTSAX also distributes dividends quarterly while SWTSX does so yearly. Make sure new purchases are VOO until the 60 day waiting period is over. During periods where international outperforms, VTWAX would have better returns than VTSAX. If you are just buying and holding, This shouldn't really be happening. VTSAX is same as VTI. SWTSX is good low cost broad index fund; I use it in my Roth IRA. Also I wan to put in 70%VTSAX, 20% VGTSX and 10% VUV. Tl;dr: sell to realize loss in taxable account to lower taxes now (at cost of more gains / potentially higher taxes later); replace sold fund with a similar fund (but not ‘substantially similar’, open to interpretation, but VTI/VTSAX are too similar as different share classes in same fund). At this point I have about 8K unrealized gains. Should I keep buying Vtsax or should I switch to vti? Currently with Merrill edge for platinum honors benefits but thinking about starting something with fidelity. txkff wrtwzep huwwt ttk milvh sfcmh joz pijr lunqgj mxei