Is VTSMX closed to new investors?

Updated 5/23/2020: VTSMX is closed to new investors, VTSAX minimum investment was been lowered to $3000 in 2018. VTI expense ratio changed between 2018 and 2019. These are things I have researched but your situation may be different so enlist the help of a credentialed advisor if you want investing advice.

What is the difference between VTI and VTSMX?

VTSMX is a mutual fund tracking the Total Market Index. VTI is an ETF. VTSMX has a minimum investment requirement of $3,000. VTSMX is more expensive; its expense ratio is 0.15% vs.

Is VTSAX a good investment?

Over the last 10 years, VTSAX has provided an over 13% return, which is phenomenal! To put that into context, if you’d invested $10k in 2011, you’d have more than $34K in 2021! What’s great about VTSAX is that it beats around 80% of actively managed mutual funds.

What is the difference between VTSMX and VTSAX?

VTSMX vs VTSAX primarily differ in that VTSMX is a closed fund. Vanguard is directing new investors to Vanguard Total Stock Market ETF (VTI) or Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX). VTSAX is an admiral index fund that has a $3,000 minimum initial investment and a lower expense ratio.

How much should I invest in VTSAX?

To actually buy VTSAX, you’ll first need to set up a free account on Vanguard. This is as simple as choosing a username and password. Next, you’ll need to purchase at least $3,000 worth of shares in VTSAX. Follow the straightforward instructions that Vanguard provides on this page to do so.

Is it better to buy VTI or Vtsax?

VTSAX and VTI are virtually the same investment. VTSAX will provide the same returns over time as VTI because they both aim to track the same CRSP US Total Market Index by holding the same diversified portfolio of stocks. It’s for these reasons that neither VTSAX nor VTI are a better investment than one another.

Should you put all your money in VTSAX?

In summary, Mr. Collins is a huge advocate of Vanguard funds because of the extremely low expense ratios; specifically, he recommends putting ALL your holdings in the VTSAX Vanguard Total Market Index Fund which is comprised of nearly all 3700 US domestic companies while you’re in the wealth accumulation phase.

What ETF pays the highest dividend?

Top dividend ETFs

• Vanguard Dividend Appreciation ETF (VIG)
• Vanguard High Dividend Yield ETF (VYM)
• SPDR S&P Dividend ETF (SDY)
• iShares Select Dividend ETF (DVY)
• ProShares S&P 500 Dividend Aristocrats ETF (NOBL)