I’m fairly new to investing (27M, NW approx $150k, income $70k) but I’ve made modest gains with ETFs (VOO, VOOG, QQQ, and QQQJ) over the past 2 years. I recently received the final payout from a trust and it was more than my portfolio put together. I want to set up my account for future recurrent payments so that when I make payments in, I know what the percentages are and I can easily split the payments between funds.
I’ve read about the 3 fund strategy and I’m a little confused as to the difference between an ETF like VOO and the fund VTSAX. From what I gather, there’s definitely a difference in accessibility/liquidity of the money once it is in the funds. That doesn’t bother me because I don’t plan to pull any of this out until retirement or purchasing a home in 5 years or so. Is there a difference in fees between the two such that the end result with compounding over 35 years will be drastically different?
Submitted February 10, 2021 at 12:01AM by nelson227 https://ift.tt/2YZeOE9
