So, not that I'm a dirty market timer or anything, but if I needed to adjust my asset allocation by purchasing additional shares in some of my Vanguard equity mutual funds, what's the deal with rules on share price?
E.g. if I make a transaction tonight, what share price do I get - tomorrow's closing price? And if I make a transaction at, say, 3pm tomorrow, what share price do I get?
I know I saw this information on Vanguard's website before, but (surprise) now that I'm interested in it, I can't find it.
Just curious ... I'm still on the fence, but it'd be nice to know what price I will be buying into this market at ...
E.g. if I make a transaction tonight, what share price do I get - tomorrow's closing price? And if I make a transaction at, say, 3pm tomorrow, what share price do I get?
I know I saw this information on Vanguard's website before, but (surprise) now that I'm interested in it, I can't find it.
Just curious ... I'm still on the fence, but it'd be nice to know what price I will be buying into this market at ...