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SPY vs Vanguard 500 index fund For IRA
Old 07-21-2008, 11:13 AM   #1
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SPY vs Vanguard 500 index fund For IRA

Excluding the trading commissions to get into SPY versus nothing for getting into the Vanguard 500 index fund (VFINX), is there any reason NOT to go with SPY over the Vanugard s&p 500 index tracking fund?

SPY has slightly lower fees & it has the ability to get out at any point during the day which could be very useful in crisis times rather than having to get out at the end of the day with Vanguard.

Thanks for the advice.
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Old 07-21-2008, 01:39 PM   #2
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Quote:
Originally Posted by godoftrading View Post
Excluding the trading commissions to get into SPY versus nothing for getting into the Vanguard 500 index fund (VFINX), is there any reason NOT to go with SPY over the Vanugard s&p 500 index tracking fund?

SPY has slightly lower fees & it has the ability to get out at any point during the day which could be very useful in crisis times rather than having to get out at the end of the day with Vanguard.

Thanks for the advice.
SPY is a no-brainer. I am not sure, but Vanguard used to limit your trades out of VFINX and/or penalize you for doing so in some way.

I am a big fan of ETFs, I think you can do better AA with them than mutuals, particularly in the sectors
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Old 07-21-2008, 03:06 PM   #3
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SPY is a no-brainer. I am not sure, but Vanguard used to limit your trades out of VFINX and/or penalize you for doing so in some way.
VFINX has no purchase fee or redemption fee, if that is what you meant?

https://personal.vanguard.com/us/fun...FundIntExt=INT
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Old 07-21-2008, 05:34 PM   #4
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SPY is a no-brainer. I am not sure, but Vanguard used to limit your trades out of VFINX and/or penalize you for doing so in some way.

I am a big fan of ETFs, I think you can do better AA with them than mutuals, particularly in the sectors

It still does via the frequent exchange policy

https://personal.vanguard.com/us/acc...icyContent.jsp
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Old 07-22-2008, 08:59 AM   #5
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I would go with SPY. Like FinanceDude, I am a huge fan of ETFs. I would always choose an ETF over a mutual fund or regular stock. This will give you a quick look at SPY: SPY - SPDR S&P 500 ETF | ETF MarketPro

And this for VFINX: VFINX: Summary for VANGUARD INDEX TRUST 500 INDEX - Yahoo! Finance

Make sure you exhaust all research avenues before you decide to invest.
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