Submitted by ToenailRS t3_zzv1bu in personalfinance
DeluxeXL t1_j2dp90x wrote
VTSAX lets you fully automate the buying process, including automatically scheduled contribution and purchase of shares for every year until you stop or change it.
VTI, no. You can still automate the contribution to the cash position in Roth IRA, but you have to buy VTI, even with fractional shares, manually on that day.
> My unrealized gains are sitting at -$347 so I wouldn't create a taxable event and pay. taxes on it.
You wouldn't have any tax event inside a Roth IRA anyway.
Also look into diversifying. VTSAX (VTI) only cover the US. VTIAX (VXUS) covers outside the US.
ToenailRS OP t1_j2dpnow wrote
Awesome. Basically there isn't much of a downside/if any to not switch.
Currently I have ~$5200 invested into VTI (down $347 to make it ~$4800. I'll try and monitor it the next couple days to see if I can make that loss a little smaller but otherwise Ill sell my VTI and purchase the VTSAX.
I do have 4 Shares of VOO as well but that doesn't really have much of a plan right now. VTI is my primary fund in my ROTH IRA account.
er824 t1_j2dqlx4 wrote
There is no reason to wait to make the loss smaller. If VTI goes up VTSAX will as well.
Cruian t1_j2ei7rv wrote
>I do have 4 Shares of VOO as well but that doesn't really have much of a plan right now. VTI is my primary fund in my ROTH IRA account.
VOO is the opposite of diversification if you hold VTI/VTSAX: roughly 80% of the weight of VTI is the entirety of VOO, so it concentrates you.
ToenailRS OP t1_j2eij27 wrote
Yeah Im still new which is why I haven't done anymore with that VOO. Looking to branch out in 2023! VNQ looks appealing in the real estate side but who knows.
Cruian t1_j2ej4ru wrote
VNQ is already fully included within VTI: https://www.etfrc.com/funds/overlap.php
As /u/DeluxeXL mentioned, going outside the US is going to be diversification. Anything stock based within the US is already covered by VTI (or far too small and difficult to trade to be worth bothering with).
ToenailRS OP t1_j2ejoue wrote
>d
That website looks neat. Ill take a look now. I'll need to do more research and get a better understanding of where and how much I'd like to diversify.
Cruian t1_j2ek9v3 wrote
Ex-US might look unappealing now if you simply look at a back test. However, to some of the more knowledgeable, that bad looking back test can be a very good thing.
For reasons on why diversifying beyond the US can be very important, please see:
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https://www.fidelity.com/viewpoints/investing-ideas/international-investing-myths if that link doesn't work: https://web.archive.org/web/20201112032727/https://www.fidelity.com/viewpoints/investing-ideas/international-investing-myths (Archived copy from Archive.org's Wayback Machine)
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https://www.pwlcapital.com/should-you-invest-in-the-sp-500-index
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https://www.evidenceinvestor.com/which-country-will-outperform-next-is-irrelevant/
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https://movement.capital/summarizing-the-case-for-international-stocks/
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https://www.callan.com/wp-content/uploads/2018/01/Callan-PeriodicTbl_KeyInd_2018.pdf (PDF) or https://www.callan.com/wp-content/uploads/2020/01/Classic-Periodic-Table.pdf (PDF) or the archived versions if those don't work: http://web.archive.org/web/20201212205954/https://www.callan.com/wp-content/uploads/2018/01/Callan-PeriodicTbl_KeyInd_2018.pdf (PDF) & http://web.archive.org/web/20201205183933/https://www.callan.com/wp-content/uploads/2020/01/Classic-Periodic-Table.pdf (PDF) (Archived copies from Archive.org's Wayback Machine)
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Of rolling 10 year periods since 1970, EAFE (developed ex-US) has beat the S&P 500 over 45% of the time: https://www.tweedy.com/resources/library_docs/papers/Dichotomy%20Btwn%20US%20and%20Non-US%20Mar2022.pdf (PDF) or for the archived version: https://web.archive.org/web/20220501183228/https://www.tweedy.com/resources/library_docs/papers/Dichotomy%20Btwn%20US%20and%20Non-US%20Mar2022.pdf
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https://www.vanguard.com/pdf/ISGGEB.pdf (PDF) or the archived version if that doesn't work: https://web.archive.org/web/20210312165001/https://www.vanguard.com/pdf/ISGGEB.pdf (PDF)
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https://www.schwab.com/resource-center/insights/content/why-global-diversification-matters or if that link doesn't work: https://web.archive.org/web/20190124072925/https://www.schwab.com/resource-center/insights/content/why-global-diversification-matters
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https://fourpillarfreedom.com/should-you-invest-internationally
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https://mebfaber.com/2020/01/10/the-case-for-global-investing
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https://www.reddit.com/r/Bogleheads/comments/ii0sa2/considering_usonly_investing_start_here/
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https://investor.vanguard.com/mutual-funds/profile/portfolio/vtwax - Global market cap weights. I'd argue this should be the default position.
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https://investor.vanguard.com/investing/investment/international-investing - Vanguard 40% of stock is recommended to be international. This is what both Fidelity and Vanguard use in their target date funds.
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https://twitter.com/mebfaber/status/1090662885573853184?lang=en with this reply: https://twitter.com/MorningstarES/status/1091081407504498688
ToenailRS OP t1_j2ekx7h wrote
This is fantastic information. Wow thank you for taking the time to link and write all this out!! Thank you so much. Ill take a look at these shortly.
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