DH and I (25 and 29 y/o) have new Roth IRAs with $5,000 each currently sitting in Money Market funds because we haven't yet decided where to invest the money. In looking at Vanguard's fee schedule
today, I saw that it is free to buy Vanguard ETFs, but there is a $7 transaction fee for Vanguard stocks. I had planned to invest in VTSMX (Total Stock Market Index Fund) and VGTSX (Total International Stock Index Fund). (We have bonds in other investment vehicles.) Looking at the ETFs, I could instead invest in VTI (Total Stock Market ETF) and VXUS (Total International Stock ETF) and avoid the transaction fees. I'm not familiar with ETFs, and when I tried searching for information about them online, I just got confused, so now I have a new study topic for when I have time again.
Question: Is it worth it to invest in the ETFs instead of the index funds to avoid $14 in fees on $10,000?
Thank you for any advice or insight you might have!