Speaking of nothing like obscure little ETFs nobody’s been aware of
Dr.
These are major ETFs, high-volume ETFs. And payday loans ohio if you put a market order in, the spread is like a penny or less, and it’s going to execute right away. And so, that’s what I’ve been doing. I’ve just been putting in market orders and no big deal. I watch them make sure they actually execute it and pretty much that’s what happened. What I see is what I get and no big deal.
Dr.
I basically stopped using limit orders. I just use market orders for those ETF purchases. Whether I’m doing it in my 401(k) at Fidelity, whether I’m doing it in my taxable account at Vanguard, I’ve been using market orders.
Jim Dahle:
The next question for you is, if you do this cool function, so it fractional display element? And i imagine it is extremely simpler because takes away one of the difficulties of using ETFs. One reason why I really like antique shared fund over ETFs is that you can simply place the bucks inside the. You don’t need to estimate from shares in addition to the undeniable fact that you could potentially place the buy inside the also it merely occurs at the conclusion of new change big date. You could do this.
Dr.
Essentially, it’s the same thing with fractional shares. You can just pick the dollar amount. I want to put $5,000 into VTI and you can just do that at Fidelity.
But if your brokerage is a place that allows it, sure, why not? I think it’s super convenient. It’s no big deal to have fractional shares in there.
Dr.
I wish all brokerages would do it. I suspect all will eventually, but I think it’s actually probably a better system to allow that. So, I wouldn’t worry about it all. I don’t think there’s an extra fee. You’re not losing anything there.
