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> they're largely talking about funds like eg. $SPY, not total market funds like $VTI. What makes you say that? The S&P 500 is "the market", but there are lots
by atombender 6y ago
> they're largely talking about funds like eg. $SPY, not total market funds like $VTI.
What makes you say that? The S&P 500 is "the market", but there are lots of other valuable indexes in popular use.
For example, VTSMX, the mutual fund version of VTI, forms the backbone of all of Vanguard's FoFs — Target Date Retirement, LifeStrategy, etc.
When I discuss index funds with fellow investors, I'm absolutely referring to VTI, as well as funds like VT, BND, etc.