Originally Posted by godoftrading
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