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General advice is find low expense ratio, highly diversified funds and let them sit. Schwab, Fidelity and Vanguard all have excellent options. https://www.bogle
by samsolomon 5y ago
General advice is find low expense ratio, highly diversified funds and let them sit. Schwab, Fidelity and Vanguard all have excellent options.
https://www.bogleheads.org/wiki/Three-fund_portfolio https://www.bogleheads.org/wiki/Three-fund_portfolio
It sounds like you are looking for something a little more aggressive though. Wisdomtree and State Street offer ETFs tracking a variety of indexes. Keep an eye on expense ratio though. Anything over 0.75% is rather high.
Also, as a side note ETFs can provide tax-advantages over mutual funds when you sell.
- caturopath 5y ago> Also, as a side note ETFs can provide tax-advantages over mutual funds when you sell. The main advantage is the tax benefit while you're holding them (no phantom gains, usually). Vanguard's most popular mutual funds manage to use a hack to replicate this tax advantage.
- samsolomon 5y agoGood point about the vanguard funds. I was more thinking that you can sell ETFs by tax lots, but generally cannot do that with mutual funds. I suppose it depends on who you bank with though.
- senkora 5y agoContext on the Vanguard tax hack, since I recently learned about this: https://www.bloomberg.com/graphics/2019-vanguard-mutual-fund-tax-dodge/ https://www.bloomberg.com/graphics/2019-vanguard-mutual-fund...