I am getting very nervous about the money in my retirement account. It has appreciated nicely over the last year. I have VFINX I want to be able to get out of stocks if the S&P 500 drops X percentage. I understand that if I want to sell a mutual fund, it will be based on the end of day price. But if I held the ETF SPY, I could set some kind of a stop-loss (?) to limit my loss to X points...
Is this understanding correct ?
part 2 of my question: what kind of sell order would I do if I were to sell the ETF ?
Submitted December 15, 2017 at 01:43AM by glumghost111 http://ift.tt/2B3UR26
