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Worth opening Vanguard to invest in VTSAX
I moved my SEP IRA from Merrill to Constancy, however now considering I ought to have moved to Vanguard to put money into VTSAX. I need to change portfolio and unload a number of the outdated investments and go VTSAX/VXUS. Constancy fees a payment for these.
Is it value it or ought to i simply purchase the constancy equivalents?
I used to be considering of shifting some accounts out anyway so I don’t have every little thing in a single brokerage.
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Re: Worth opening Vanguard to invest in VTSAX
Sippinwine wrote: ↑Fri Aug 30, 2024 8:39 am
I moved my SEP IRA from Merrill to Constancy, however now considering I ought to have moved to Vanguard to put money into VTSAX. I need to change portfolio and unload a number of the outdated investments and go VTSAX/VXUS. Constancy fees a payment for these.
Is it value it or ought to i simply purchase the constancy equivalents?
I used to be considering of shifting some accounts out anyway so I did not have every little thing in a single brokerage.
Should you’re keen to make use of the ETF share class of VTSAX – which is VTI, then you should purchase without spending a dime at Constancy.
VTI and VTSAX are two share lessons of the identical fund, so that they have the identical holdings. The primary distinction is how they commerce.
Similar is true for VTIAX and VXUS. VXUS is an ETF.
Extra particulars in regards to the variations between a mutual fund and an ETF within the wiki.
https://www.bogleheads.org/wiki/ETFs_vs_mutual_funds
In fact, you’ll be able to nonetheless transfer your account to Vanguard if you happen to favor.
Congratulations in your first publish!
Regards,
“All of us could be higher buyers if we simply made fewer choices.” – Daniel Kahneman
Re: Worth opening Vanguard to invest in VTSAX
Similar goes for VXUS vs. FTIHX.
You may be completely fantastic with the Constancy funds.
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Re: Worth opening Vanguard to invest in VTSAX
You should buy the ETFs (VTI or VT) at Constancy. Or if you would like mutual funds, as I do, you should purchase Constancy funds, FSKAX and FTIHX, or in an IRA – FZROX and FZILX.
Retired June 2023. LMP (TIPS Ladder/SS Bridge) 25%/Threat Portfolio 75%, AA = 60/30/10
Re: Worth opening Vanguard to invest in VTSAX
We additionally like that not all of our cash is in a single brokerage.
Re: Worth opening Vanguard to invest in VTSAX
Sippinwine wrote: ↑Fri Aug 30, 2024 8:39 am
I moved my SEP IRA from Merrill to Constancy, however now considering I ought to have moved to Vanguard to put money into VTSAX. I need to change portfolio and unload a number of the outdated investments and go VTSAX/VXUS. Constancy fees a payment for these.
Is it value it or ought to i simply purchase the constancy equivalents?
I used to be considering of shifting some accounts out anyway so I did not have every little thing in a single brokerage.
Welcome to the discussion board Sippinwine.
I would say there isn’t any have to open an account with one other custodian. There are different funds which are primarily the identical as VTSAX — do not consider VTSAX as some superior product that nobody else gives. The “Whole Inventory Market Index Fund” is a commodity providing, and you may get it from numerous distributors at an extremely low value. For more information, see the wiki articles Approximating total stock market and Boglehead-style investing at Fidelity.
As others have talked about, first select which type of fund: ETF versus mutual fund. Personally I discover them to to be extra related than completely different and I haven’t got a powerful affinity or dislike of both. However you’ll have sure preferences that dictate one form or one other.
When you resolve which sort, you’ll decide the particular fund. In a Constancy brokerage account (taxable or IRA) if you would like mutual funds it is sensible to make use of FZROX or FSKAX (Constancy Whole Inventory Market Index Fund).
Good luck, be at liberty to ask extra questions.
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Re: Worth opening Vanguard to invest in VTSAX
Each Vanguard and Constancy are good decisions for my part.
Sippinwine wrote: ↑Fri Aug 30, 2024 8:39 am
I moved my SEP IRA from Merrill to Constancy, however now considering I ought to have moved to Vanguard to put money into VTSAX. I need to change portfolio and unload a number of the outdated investments and go VTSAX/VXUS. Constancy fees a payment for these.
Is it value it or ought to i simply purchase the constancy equivalents?
I used to be considering of shifting some accounts out anyway so I did not have every little thing in a single brokerage.
At Constancy you may use Vanguard Whole Inventory Market ETF (VTI), a special share class of VTSAX, which trades with no payment at Constancy.
Or you may use Constancy Whole Market Index (FSKAX). Do NOT use a Constancy ZERO fund in a taxable brokerage account.
I personally favor having all investing accounts at one location to make administration easy. I’ve all accounts, besides my financial institution checking account, at Vanguard.
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Re: Worth opening Vanguard to invest in VTSAX
Honest factors about FZROX, however remember that this will solely be held at Constancy. Sooner or later, who is aware of, possibly everybody will agree that Constancy is flawed and horrible (very like the Vanguard perceptions held by many).
To be protected, think about VTI for the explanations said above.
“Watch out for little bills; a small leak will sink an awesome ship.” – Benjamin Franklin
Re: Worth opening Vanguard to invest in VTSAX
loadba:lanced wrote: ↑Fri Aug 30, 2024 9:56 amHonest factors about FZROX, however remember that this will solely be held at Constancy. Sooner or later, who is aware of, possibly everybody will agree that Constancy is flawed and horrible (very like the Vanguard perceptions held by many).
To be protected, think about VTI for the explanations said above.
The implication that holding a Constancy fund that has $22 billion in property is one way or the other not protected, or much less protected, is just unfaithful. I do not assume the overriding concern must be “what if I need to change brokerage corporations sometime?”
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Re: Worth opening Vanguard to invest in VTSAX
Tom_T wrote: ↑Fri Aug 30, 2024 10:07 amloadba:lanced wrote: ↑Fri Aug 30, 2024 9:56 amHonest factors about FZROX, however remember that this will solely be held at Constancy. Sooner or later, who is aware of, possibly everybody will agree that Constancy is flawed and horrible (very like the Vanguard perceptions held by many).
To be protected, think about VTI for the explanations said above.
The implication that holding a Constancy fund that has $22 billion in property is one way or the other not protected, or much less protected, is just unfaithful. I do not assume the overriding concern must be “what if I need to change brokerage corporations sometime?”
Because the OP talked about the account kind as “SEP IRA” the selection of which whole market fund is just about irrelevant. Any fund inside an IRA might be offered with out tax implications.
Regards,
“All of us could be higher buyers if we simply made fewer choices.” – Daniel Kahneman
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Re: Worth opening Vanguard to invest in VTSAX
I like the truth that after I purchase it is executed with in 30 seconds and I assume the identical will likely be true after I promote ( I do not promote/rebalance typically so I have not truly offered an ETF but). You do not have to attend until the market closes to get the worth.
I might suggest you take a look at the ETF model of the investments you make.
Re: Worth opening Vanguard to invest in VTSAX
Tom_T wrote: ↑Fri Aug 30, 2024 9:09 am
The Constancy fund you need to use is FZROX (Constancy ZERO Whole Market Index Fund), which has a zero expense payment. The distinction between FZROX and VTSAX over the previous 15 years is negligible. The truth is, the Constancy fund is a hair forward.Similar goes for VXUS vs. FTIHX.
You may be completely fantastic with the Constancy funds.
Only a notice:
The next tickers comply with completely different indexes.
FSKAX. Dow Jones US Whole Inventory Market
FZROX. Constancy US Whole Investable Market Index
VTSAX. CRSP US Whole Market Index
They appear like they produce practically the identical outcomes. I haven’t discovered the algorithm every follows.
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Re: Worth opening Vanguard to invest in VTSAX
Tom_T wrote: ↑Fri Aug 30, 2024 10:07 amloadba:lanced wrote: ↑Fri Aug 30, 2024 9:56 amHonest factors about FZROX, however remember that this will solely be held at Constancy. Sooner or later, who is aware of, possibly everybody will agree that Constancy is flawed and horrible (very like the Vanguard perceptions held by many).
To be protected, think about VTI for the explanations said above.
The implication that holding a Constancy fund that has $22 billion in property is one way or the other not protected, or much less protected, is just unfaithful. I do not assume the overriding concern must be “what if I need to change brokerage corporations sometime?”
Sorry I by no means mentioned that about Constancy, nor did I indicate that. I used to be making a bigger level about the advantages of portability. In any case, I’m an enormous fan of Constancy and I hold most of my property there.
“Watch out for little bills; a small leak will sink an awesome ship.” – Benjamin Franklin
Re: Worth opening Vanguard to invest in VTSAX
loadba:lanced wrote: ↑Fri Aug 30, 2024 11:00 amTom_T wrote: ↑Fri Aug 30, 2024 10:07 amloadba:lanced wrote: ↑Fri Aug 30, 2024 9:56 amHonest factors about FZROX, however remember that this will solely be held at Constancy. Sooner or later, who is aware of, possibly everybody will agree that Constancy is flawed and horrible (very like the Vanguard perceptions held by many).
To be protected, think about VTI for the explanations said above.
The implication that holding a Constancy fund that has $22 billion in property is one way or the other not protected, or much less protected, is just unfaithful. I do not assume the overriding concern must be “what if I need to change brokerage corporations sometime?”
Sorry I by no means mentioned that about Constancy, nor did I indicate that. I used to be making a bigger level about the advantages of portability. In any case, I’m an enormous fan of Constancy and I hold most of my property there.
Gotcha. There are some advantages to funds. Typically, you’ll be able to’t schedule computerized purchases or withdrawals with an ETF, final I noticed, though possibly issues have modified.
Re: Worth opening Vanguard to invest in VTSAX
That is solely true as a result of the OP is investing in a tax-advantaged account. In a taxable account completely an overriding consideration must be “what if I need to change brokerage corporations sometime?”, and I believe that is fairly universally accepted amongst Bogleheads.
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Re: Worth opening Vanguard to invest in VTSAX
Sippinwine wrote: ↑Fri Aug 30, 2024 8:39 am
Is it value it or ought to i simply purchase the constancy equivalents?
Simply purchase FZROX and FZILX at Constancy in your IRA.
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Re: Worth opening Vanguard to invest in VTSAX
Sippinwine wrote: ↑Fri Aug 30, 2024 8:39 am
I moved my SEP IRA from Merrill to Constancy, however now considering I ought to have moved to Vanguard to put money into VTSAX. I need to change portfolio and unload a number of the outdated investments and go VTSAX/VXUS. Constancy fees a payment for these.
Is it value it or ought to i simply purchase the constancy equivalents?
I used to be considering of shifting some accounts out anyway so I don’t have every little thing in a single brokerage.
Re: Worth opening Vanguard to invest in VTSAX
Sippinwine wrote: ↑Fri Aug 30, 2024 8:39 am
I moved my SEP IRA from Merrill to Constancy, however now considering I ought to have moved to Vanguard to put money into VTSAX. I need to change portfolio and unload a number of the outdated investments and go VTSAX/VXUS. Constancy fees a payment for these.
Is it value it or ought to i simply purchase the constancy equivalents?
I used to be considering of shifting some accounts out anyway so I don’t have every little thing in a single brokerage.
I am a Vanguard fan however in IRA you may simply purchase Constancy FSKAX or FZROZ.
I like Vanguard funds and do not thoughts the $100 payment at Constancy if I am shopping for like $50,000 or $100,000. 
In a taxable account I personally use VTSAX in case I ever need to switch again to Vanguard. I doubt if I’ll, however by no means say by no means.
Get most of it proper and do not make any large errors. All else being equal, less complicated is best. Easy is as easy does.
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Re: Worth opening Vanguard to invest in VTSAX
Tom_T wrote: ↑Fri Aug 30, 2024 9:09 am
The Constancy fund you need to use is FZROX (Constancy ZERO Whole Market Index Fund), which has a zero expense payment. The distinction between FZROX and VTSAX over the previous 15 years is negligible. The truth is, the Constancy fund is a hair forward.Similar goes for VXUS vs. FTIHX.
You may be completely fantastic with the Constancy funds.
With FZROX you might be locked into the Constancy brokerage. You can not transfer “your” holding in FZROX to a different brokerage. Similar with FTIHX.
Portray your self right into a nook is just not a good suggestion, even when the paint is (negligibly) cheaper.
EDIT: In an IRA, it would not matter as you’ll be able to merely promote it.
Might neither drought nor rain nor blizzard disturb the enjoyment juice in your gizzard. — Squire Omar Barker (aka S.O.B.), the Cowboy Poet
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Re: Worth opening Vanguard to invest in VTSAX
bertilak wrote: ↑Fri Aug 30, 2024 12:20 pmTom_T wrote: ↑Fri Aug 30, 2024 9:09 am
The Constancy fund you need to use is FZROX (Constancy ZERO Whole Market Index Fund), which has a zero expense payment. The distinction between FZROX and VTSAX over the previous 15 years is negligible. The truth is, the Constancy fund is a hair forward.Similar goes for VXUS vs. FTIHX.
You may be completely fantastic with the Constancy funds.
With FZROX you might be locked into the Constancy brokerage. You can not transfer “your” holding in FZROX to a different brokerage. Similar with FTIHX.
Portray your self right into a nook is just not a good suggestion, even when the paint is (negligibly) cheaper.
It is an IRA. He isn’t painted right into a nook.
Re: Worth opening Vanguard to invest in VTSAX
Tom_T wrote: ↑Fri Aug 30, 2024 11:14 amloadba:lanced wrote: ↑Fri Aug 30, 2024 11:00 amTom_T wrote: ↑Fri Aug 30, 2024 10:07 amloadba:lanced wrote: ↑Fri Aug 30, 2024 9:56 amHonest factors about FZROX, however remember that this will solely be held at Constancy. Sooner or later, who is aware of, possibly everybody will agree that Constancy is flawed and horrible (very like the Vanguard perceptions held by many).
To be protected, think about VTI for the explanations said above.
The implication that holding a Constancy fund that has $22 billion in property is one way or the other not protected, or much less protected, is just unfaithful. I do not assume the overriding concern must be “what if I need to change brokerage corporations sometime?”
Sorry I by no means mentioned that about Constancy, nor did I indicate that. I used to be making a bigger level about the advantages of portability. In any case, I’m an enormous fan of Constancy and I hold most of my property there.
Gotcha. There are some advantages to funds. Typically, you’ll be able to’t schedule computerized purchases or withdrawals with an ETF, final I noticed, though possibly issues have modified.
At Vanguard you’ll be able to arrange computerized recurring withdrawals on Vanguard mutual funds solely. Not on ETFs.
At Constancy you’ll be able to arrange computerized recurring withdrawals on ANY mutual fund. Not on ETFs.
Get most of it proper and do not make any large errors. All else being equal, less complicated is best. Easy is as easy does.
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Re: Worth opening Vanguard to invest in VTSAX
toddthebod wrote: ↑Fri Aug 30, 2024 12:22 pmbertilak wrote: ↑Fri Aug 30, 2024 12:20 pmTom_T wrote: ↑Fri Aug 30, 2024 9:09 am
The Constancy fund you need to use is FZROX (Constancy ZERO Whole Market Index Fund), which has a zero expense payment. The distinction between FZROX and VTSAX over the previous 15 years is negligible. The truth is, the Constancy fund is a hair forward.Similar goes for VXUS vs. FTIHX.
You may be completely fantastic with the Constancy funds.
With FZROX you might be locked into the Constancy brokerage. You can not transfer “your” holding in FZROX to a different brokerage. Similar with FTIHX.
Portray your self right into a nook is just not a good suggestion, even when the paint is (negligibly) cheaper.
It is an IRA. He isn’t painted right into a nook.
Sure, see my edit above.
Might neither drought nor rain nor blizzard disturb the enjoyment juice in your gizzard. — Squire Omar Barker (aka S.O.B.), the Cowboy Poet
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Re: Worth opening Vanguard to invest in VTSAX
RJC wrote: ↑Fri Aug 30, 2024 9:13 am
We opened a Vanguard account to put money into VTSAX about 5 years in the past and it has been choice. We favor mutual funds over ETFs to automate the method and to purchase fractional shares each different week.We additionally like that not all of our cash is in a single brokerage.
I imagine you can even purchase fractional shares of VTI (ETF). I do that after I DCA by Vanguard. I additionally do it by Constancy.
Onwards and upwards
Re: Worth opening Vanguard to invest in VTSAX
Sippinwine wrote: ↑Fri Aug 30, 2024 8:39 am
I moved my SEP IRA from Merrill to Constancy, however now considering I ought to have moved to Vanguard to put money into VTSAX. I need to change portfolio and unload a number of the outdated investments and go VTSAX/VXUS. Constancy fees a payment for these.
Is it value it or ought to i simply purchase the constancy equivalents?
I used to be considering of shifting some accounts out anyway so I don’t have every little thing in a single brokerage.
Simply use Constancy equal, or use the ETFs
Crom laughs at your 4 Winds
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Re: Worth opening Vanguard to invest in VTSAX
Now if you happen to had been speaking about balanced funds, it’d (or may not) be completely different. I very a lot favor easy balanced index funds today, and Vanguard does appear to have some superb balanced index funds, and i have never been capable of finding them in ETF variations but.
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Re: Worth opening Vanguard to invest in VTSAX
Constancy’s fund has much less than half the payment of VTSAX, though each are so small its a rounding error.
I’m not an funding skilled, however I did keep at a Vacation Inn Categorical final night time.
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Re: Worth opening Vanguard to invest in VTSAX
MadHungarian wrote: ↑Fri Aug 30, 2024 4:19 pm
Now if you happen to had been speaking about balanced funds, it’d (or may not) be completely different. I very a lot favor easy balanced index funds today, and Vanguard does appear to have some superb balanced index funds, and i have never been capable of finding them in ETF variations but.
fascinating you point out balanced funds. I simply beginning investing in a balanced fund (though Constancy) by my employer fund. There weren’t a complete lot of nice decisions however the FBALX was one I picked.
What are some Vanguard ones I ought to take a look at?
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Re: Worth opening Vanguard to invest in VTSAX
GaryA505 wrote: ↑Fri Aug 30, 2024 12:17 pmSippinwine wrote: ↑Fri Aug 30, 2024 8:39 am
I moved my SEP IRA from Merrill to Constancy, however now considering I ought to have moved to Vanguard to put money into VTSAX. I need to change portfolio and unload a number of the outdated investments and go VTSAX/VXUS. Constancy fees a payment for these.
Is it value it or ought to i simply purchase the constancy equivalents?
I used to be considering of shifting some accounts out anyway so I don’t have every little thing in a single brokerage.I am a Vanguard fan however in IRA you may simply purchase Constancy FSKAX or FZROZ.
I like Vanguard funds and do not thoughts the $100 payment at Constancy if I am shopping for like $50,000 or $100,000.
In a taxable account I personally use VTSAX in case I ever need to switch again to Vanguard. I doubt if I’ll, however by no means say by no means.
I need to arrange weekly auto investments. It is my understanding that may’t be executed with an ETF??
Re: Worth opening Vanguard to invest in VTSAX
Sippinwine wrote: ↑Fri Aug 30, 2024 4:31 pmGaryA505 wrote: ↑Fri Aug 30, 2024 12:17 pmSippinwine wrote: ↑Fri Aug 30, 2024 8:39 am
I moved my SEP IRA from Merrill to Constancy, however now considering I ought to have moved to Vanguard to put money into VTSAX. I need to change portfolio and unload a number of the outdated investments and go VTSAX/VXUS. Constancy fees a payment for these.
Is it value it or ought to i simply purchase the constancy equivalents?
I used to be considering of shifting some accounts out anyway so I don’t have every little thing in a single brokerage.I am a Vanguard fan however in IRA you may simply purchase Constancy FSKAX or FZROZ.
I like Vanguard funds and do not thoughts the $100 payment at Constancy if I am shopping for like $50,000 or $100,000.
In a taxable account I personally use VTSAX in case I ever need to switch again to Vanguard. I doubt if I’ll, however by no means say by no means.I need to arrange weekly auto investments. It is my understanding that may’t be executed with an ETF??
IDK, I am solely acquainted with the auto recurring withdrawals. Possibly another person can chime in on that.
Get most of it proper and do not make any large errors. All else being equal, less complicated is best. Easy is as easy does.
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Re: Worth opening Vanguard to invest in VTSAX
Sippinwine wrote: ↑Fri Aug 30, 2024 4:28 pmMadHungarian wrote: ↑Fri Aug 30, 2024 4:19 pm
Now if you happen to had been speaking about balanced funds, it’d (or may not) be completely different. I very a lot favor easy balanced index funds today, and Vanguard does appear to have some superb balanced index funds, and i have never been capable of finding them in ETF variations but.fascinating you point out balanced funds. I simply beginning investing in a balanced fund (though Constancy) by my employer fund. There weren’t a complete lot of nice decisions however the FBALX was one I picked.
What are some Vanguard ones I ought to take a look at?
Cannot say with out realizing what different balanced fund decisions are provided in your employer’s plan.
The fund I exploit is in my accouts at Vanguard is Vanguard Balanced Index Fund (VBIAX). Different Vanguard balanced funds are the Vanguard LifeStrategy funds, Vanguard Wellington Fund, and Vanguard Wellesley Revenue Fund.
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Re: Worth opening Vanguard to invest in VTSAX
ruralavalon wrote: ↑Fri Aug 30, 2024 6:27 pmSippinwine wrote: ↑Fri Aug 30, 2024 4:28 pmMadHungarian wrote: ↑Fri Aug 30, 2024 4:19 pm
Now if you happen to had been speaking about balanced funds, it’d (or may not) be completely different. I very a lot favor easy balanced index funds today, and Vanguard does appear to have some superb balanced index funds, and i have never been capable of finding them in ETF variations but.fascinating you point out balanced funds. I simply beginning investing in a balanced fund (though Constancy) by my employer fund. There weren’t a complete lot of nice decisions however the FBALX was one I picked.
What are some Vanguard ones I ought to take a look at?Cannot say with out realizing what different balanced fund decisions are provided in your employer’s plan.
The fund I exploit is in my accouts at Vanguard is Vanguard Balanced Index Fund (VBIAX). Different Vanguard balanced funds are the Vanguard LifeStrategy funds, Vanguard Wellington Fund, and Vanguard Wellesley Revenue Fund.
And Vanguard Goal Retirement funds, and Vanguard Tax-Managed Balanced Fund.
