c**B
发帖数: 219 | 1 index和actively managed funds的区别比较好理解
但是ETF和一般的index又有什么区别呢？
我以前一直以为这两个是一样的 今天才知道ETF是index的一种，似乎和traditional
index funds又有些不同
还请牛人给指点一下
如果每次买一点点（千把块钱）一抱抱三五年，更适合哪个呢？ |
s*****n
发帖数: 2174 | 2 零散投资适合买track index的mutual fund, 不要买ETF.
如果一下子投进去一大笔钱, 适合买ETF. |
c**B
发帖数: 219 | 3 thank you!
could you tell me a little bit why?
【在 s*****n 的大作中提到】
: 零散投资适合买track index的mutual fund, 不要买ETF.
: 如果一下子投进去一大笔钱, 适合买ETF.
|
n******n
发帖数: 12088 | 4 why?
if u r talking about commission, there are a lot of commission free etf to
buy.
【在 s*****n 的大作中提到】
: 零散投资适合买track index的mutual fund, 不要买ETF.
: 如果一下子投进去一大笔钱, 适合买ETF.
|
s*****n
发帖数: 2174 | 5 Well, commission is one concern of course. But even with no-commission ETF
such as those iShares@Fidelity, I still think MF is better for interval
investment.
MF can invest on fixed amount (such as $1000), while ETF have to be bought
in whole shares. If you invest $1000 per month, it is way easier to buy
and track. You don't need to calculate how many shares can you buy at that
point.
to
【在 n******n 的大作中提到】
: why?
: if u r talking about commission, there are a lot of commission free etf to
: buy.
|
s*******b
发帖数: 4 | 6 买MF dollar cost average才有效果啊
【在 n******n 的大作中提到】
: why?
: if u r talking about commission, there are a lot of commission free etf to
: buy.
|
g*****g
发帖数: 34805 | 7 For fidelity etc, there's no cost for those 25 ETF, so
it's OK too.
【在 s*****n 的大作中提到】
: 零散投资适合买track index的mutual fund, 不要买ETF.
: 如果一下子投进去一大笔钱, 适合买ETF.
|
t******i
发帖数: 215 | 8 对于刚起步的投资者，ETF更合适。因为 traditional index fund的起步基金都要$
2500(fidelity)或$3000(vanguard)。
现在既然 iShares@Fidelity,还有 All ETF@Vanguard都是 zero transaction fee，那
么很少的钱就可以起步投资了，比如在vanguard买：
1 share BND (total bond) for $82,
2 share VTI (total domestic stock) for ~$62 per share,
2 share VEU (total international stock) for ~$46 per share,
1 share VNQ (real estate) for ~$53,
只花大约$350，就组成了一个“nano”的投资组合，然后再以此为起点慢慢积累，比如
每月买入一两百，非常适合学生或收入不宽裕的来起步投资。
从投资角度讲，ETF的缺点是容易买卖，于是诱使投资者去投机。
traditional fund 很方便做 automatic dollar cost average，更容易 buy and hold
，因为它不像 ETF 那样容易买卖。所以真正的长期投资还是traditional index fund
最好。 |
t******i
发帖数: 215 | 9 "如果每次买一点点（千把块钱）一抱抱三五年",我觉得这根本不算长期投资，所以还
是 ETF 更适合你。
【在 c**B 的大作中提到】
: index和actively managed funds的区别比较好理解
: 但是ETF和一般的index又有什么区别呢？
: 我以前一直以为这两个是一样的 今天才知道ETF是index的一种，似乎和traditional
: index funds又有些不同
: 还请牛人给指点一下
: 如果每次买一点点（千把块钱）一抱抱三五年，更适合哪个呢？
|
n******n
发帖数: 12088 | 10 you can buy [1000/price] shares. not a big deal.
etf is very transparent and flexible.
more importantly, it has tax benefits. there are some favored law changes on
mf's recently. but i don't know the details.
【在 s*****n 的大作中提到】
: Well, commission is one concern of course. But even with no-commission ETF
: such as those iShares@Fidelity, I still think MF is better for interval
: investment.
: MF can invest on fixed amount (such as $1000), while ETF have to be bought
: in whole shares. If you invest $1000 per month, it is way easier to buy
: and track. You don't need to calculate how many shares can you buy at that
: point.
:
: to
|
|
|
g*****g
发帖数: 34805 | 11 DCA didn't prove it can beat the index. And if you want to invest,
you need discipline, I never understand this investment and speculation
difference. What I've seen is 401K became 201K for so called investors too.
It doesn't look that bad now, but what if it's 1929 or they need the money
in 2008?
【在 t******i 的大作中提到】
: 对于刚起步的投资者，ETF更合适。因为 traditional index fund的起步基金都要$
: 2500(fidelity)或$3000(vanguard)。
: 现在既然 iShares@Fidelity,还有 All ETF@Vanguard都是 zero transaction fee，那
: 么很少的钱就可以起步投资了，比如在vanguard买：
: 1 share BND (total bond) for $82,
: 2 share VTI (total domestic stock) for ~$62 per share,
: 2 share VEU (total international stock) for ~$46 per share,
: 1 share VNQ (real estate) for ~$53,
: 只花大约$350，就组成了一个“nano”的投资组合，然后再以此为起点慢慢积累，比如
: 每月买入一两百，非常适合学生或收入不宽裕的来起步投资。
|
s*****n
发帖数: 2174 | 12 I started with MF, and then changed to ETF for almost a year. Now, I
come back to MF. Personally, I feel very uncomfortable about
[1000/price].
I would like to contribute exactly $1000 every month, and think "my
$1000 contributed 3 months ago have earned me $10.59 by far". Both
trading and tracking are elegant.
For ETF, I have to buy 43 shares @ $23.12 3 months ago with a total
$994.16 investment. Three month later, that becomes 43 shares @ 23.92
for a total of $1028.56. To me these numbers look very ugly.
Another reason I like MF is that when it distributes dividend or capital
gain, it reinvest, so it is always easy to calculate the overall return
(before tax). For ETF, it gives dividend as cash, so I have to add up my
unrealized gain/loss and all the dividend in the past to understand the
real performance.
changes on
【在 n******n 的大作中提到】
: you can buy [1000/price] shares. not a big deal.
: etf is very transparent and flexible.
: more importantly, it has tax benefits. there are some favored law changes on
: mf's recently. but i don't know the details.
|
t******i
发帖数: 215 | 13 vanguard can re-invest ETF dividends automatically.
【在 s*****n 的大作中提到】
: I started with MF, and then changed to ETF for almost a year. Now, I
: come back to MF. Personally, I feel very uncomfortable about
: [1000/price].
: I would like to contribute exactly $1000 every month, and think "my
: $1000 contributed 3 months ago have earned me $10.59 by far". Both
: trading and tracking are elegant.
: For ETF, I have to buy 43 shares @ $23.12 3 months ago with a total
: $994.16 investment. Three month later, that becomes 43 shares @ 23.92
: for a total of $1028.56. To me these numbers look very ugly.
: Another reason I like MF is that when it distributes dividend or capital
|
s*****n
发帖数: 2174 | 14 how is that done?
If the dividend is not enough to buy one share, what will happen?
【在 t******i 的大作中提到】
: vanguard can re-invest ETF dividends automatically.
|
k***n
发帖数: 3158 | 15 part of one share
it is also the case for stock's dividends
【在 s*****n 的大作中提到】
: how is that done?
: If the dividend is not enough to buy one share, what will happen?
|
s*****n
发帖数: 2174 | 16 that is nice.
BTW, can I buy part of a share when I invest (as compared to reinvest
dividend) an ETF? Say, I want to buy exactly $1000 of SPY.
【在 k***n 的大作中提到】
: part of one share
: it is also the case for stock's dividends
|
k***n
发帖数: 3158 | 17 I dont think you can
【在 s*****n 的大作中提到】
: that is nice.
: BTW, can I buy part of a share when I invest (as compared to reinvest
: dividend) an ETF? Say, I want to buy exactly $1000 of SPY.
|
c**B
发帖数: 219 | 18 谢谢大家了
我听大家说感觉就是EFT如果选那些No cost的，似乎比index并没有什么明显的缺陷
至于不能一次买$1000整,分红，是否方便买卖什么的对我影响倒不是很大（基本是打算
买了就放在那里的）
这样看起来这两个都可以吧
顺便弱弱的打听一下你们都有啥index或者no cost eft推荐不？呵呵 |
O*R
发帖数: 609 | 19 有很多MF买的时候不用transaction fee的
【在 c**B 的大作中提到】
: 谢谢大家了
: 我听大家说感觉就是EFT如果选那些No cost的，似乎比index并没有什么明显的缺陷
: 至于不能一次买$1000整,分红，是否方便买卖什么的对我影响倒不是很大（基本是打算
: 买了就放在那里的）
: 这样看起来这两个都可以吧
: 顺便弱弱的打听一下你们都有啥index或者no cost eft推荐不？呵呵
|
r****e
发帖数: 867 | 20 前面tangshui不是推荐了BND (total bond), VTI (total domestic stock),
VEU (total international stock) 和 VNQ (real estate)了, 这些都是Vanguard的ETF. 他们也有对应的mutual fund, 可以在Vanguard的网页上查到.
VTI和VEU适合放在regular account里, BND和VNQ适合放在tax-sheltered account里.
【在 c**B 的大作中提到】
: 谢谢大家了
: 我听大家说感觉就是EFT如果选那些No cost的，似乎比index并没有什么明显的缺陷
: 至于不能一次买$1000整,分红，是否方便买卖什么的对我影响倒不是很大（基本是打算
: 买了就放在那里的）
: 这样看起来这两个都可以吧
: 顺便弱弱的打听一下你们都有啥index或者no cost eft推荐不？呵呵
|
t*m
发帖数: 4414 | 21 why? because their turnover rates are different?
ETF. 他们也有对应的mutual fund, 可以在Vanguard的网页上查到.
打算
【在 r****e 的大作中提到】
: 前面tangshui不是推荐了BND (total bond), VTI (total domestic stock),
: VEU (total international stock) 和 VNQ (real estate)了, 这些都是Vanguard的ETF. 他们也有对应的mutual fund, 可以在Vanguard的网页上查到.
: VTI和VEU适合放在regular account里, BND和VNQ适合放在tax-sheltered account里.
|
c**B
发帖数: 219 | 22 谢谢详细解释 ^_^
ETF. 他们也有对应的mutual fund, 可以在Vanguard的网页上查到.
【在 r****e 的大作中提到】
: 前面tangshui不是推荐了BND (total bond), VTI (total domestic stock),
: VEU (total international stock) 和 VNQ (real estate)了, 这些都是Vanguard的ETF. 他们也有对应的mutual fund, 可以在Vanguard的网页上查到.
: VTI和VEU适合放在regular account里, BND和VNQ适合放在tax-sheltered account里.
|
