Hi --
I've posed the following question to two Vanguard "specialists" at the Voyager services 800 number:
"Does "Total Stock Market" include funds traded on the NASDAQ exchange, or just the NYSE?"
Answer #1: " The Total Stock Market Index includes all stocks legally traded in the United States and approved by the SEC."
Answer #2: "No, NASDAQ stocks are not included. Only NYSE stocks are included."
Huh? These two guys are experts? Or at least "trained?"
So, what's the answer? Should one hold some QQQ or does TSM really index all US stocks, no matter where they are traded?
Sorry if this is a really dumb question...
Thanks!
I've posed the following question to two Vanguard "specialists" at the Voyager services 800 number:
"Does "Total Stock Market" include funds traded on the NASDAQ exchange, or just the NYSE?"
Answer #1: " The Total Stock Market Index includes all stocks legally traded in the United States and approved by the SEC."
Answer #2: "No, NASDAQ stocks are not included. Only NYSE stocks are included."
Huh? These two guys are experts? Or at least "trained?"
So, what's the answer? Should one hold some QQQ or does TSM really index all US stocks, no matter where they are traded?
Sorry if this is a really dumb question...
Thanks!