31 ms·
> 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 pha
by 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...