Quote:
Originally Posted by jimjamuser
I would say that ETFs are better than Mutual Funds. Mutual Funds usually have high loading (the % of expenses and profit for the issuing company - compared to ETFs, which are MUCH, MUCH lower.)
|
Not Vanguard Investments. See Post No. 23. And, all of their mutual funds have extremely low expense ratios, and no loads to purchase.
So, the expense ratio for the Vanguard SP 500 index stock mutual fund is 0.04 percent. The expense ratio for ther Vanguard SP 500 index ETF is 0.03 percent. I wouldn't call that MUCH, MUCH lower.