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Old 12-05-2024, 08:20 AM
retiredguy123 retiredguy123 is offline
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Quote:
Originally Posted by kingofbeer View Post
Always best to check with your tax advisor about these matters.
Expense ratios for mutual funds are higher than ETF'S. Plus you have to deal with capital gains on mutual funds, even if you have lost money in the fund.
ETFs: Expense Ratios and Other Costs | Charles Schwab
"Typically, ETFs have lower expense ratios than mutual funds. Generally, low-cost equity ETFs will have a net expense ratio of no more than 0.25%. Low-cost equity mutual funds will have expense ratios of 0.5% or lower."
The expense ratio for the Vanguard S&P 500 index mutual fund is 0.04 percent. You can't get much lower than that.

Capital gains taxes must be paid either now or later. In some cases, they may be deferred, but not eliminated.