Hi everyone.
I’m moving my Roth IRA investments out of a target date fund and into other index funds (mostly to reduce the expense ratio), but I’m discovering that a few of the funds that I was interested in (e.g. VBMFX and VTSMX) are “closed” and thus I cannot purchase shares.
I want to put my money into a total US stock market fund and a total US bond market fund (among others), and Vanguard does allow me to invest in their total bond market index fund admiral shares (VBTLX) their total stock market index fund admiral shares (VTSAX). Is there any downside to investing in admiral shares? From what I can gather via some initial research, admiral funds often have lower expense ratios. Now that Vanguard has lowered the initial investment to $3k instead of $10k, there doesn’t seem to be any downside. However, maybe some folks here know more.
Thanks.
Submitted April 01, 2019 at 10:42AM by Grimli_son_of_Groin https://ift.tt/2OFSDNk
