So, in the interest of doing my part to boost the market, I just moved $50K of cash into VTSAX and VTIAX. You are welcome!
But here is a question that I may have known about but forgot. Why does Vanguard (and most brokerages) take so long to execute a mutual fund purchase? I am a Vanguard customer purchasing a Vanguard fund. Placed purchase order at 11:30 this morning, but won't know until maybe tomorrow what the executed price is.
+1All mutual fund trades execute after the close of business when that day's share price is determined.
Answer: Everyone?
but,
Who's going to use it?
Answer: Very few who are in the distribution phase, but a bigger fraction of those who are in the accumulation phase.
Prefer H-4831 for my rifles and 110 and Red Dot for most pistols but I do use W231 at times. If you've been around reloading for any length of time you'll understand it when I say, I still have a few pounds of the original h-4831. Still good!
Come to think of it I have Clays, VV310, WST, and a jug of some kind of Hodgden rifle powder.Yes. The box in the back is full of W231.
[emoji23] Come to think of it I have Clays, VV310, WST, and a jug of some kind of Hodgden rifle powder.
Sufficient dry powder but I don't see this as a sale any more than it was a few months ago when the prices were the same. This is just a blip. I'll wait for the "Blue Light Specials" before I consider more purchases. Of course age and health is a big part of decision making. Sometimes buying more stock can just be seeing how much a person can accumulate before buying the farm. Bulls, Bears, and Pigs.
Cheers!