01-03-2021, 11:20 AM
Vanguard ETFs auto investing?
<!-- SC_OFF --><div class="md"><p>Hi,</p> <p>I am looking to set up automatic investments every month to my portfolio in my brokerage account. My simple two fund portfolio currently consists of the following ETFs:</p> <p>-BND - VTI</p> <p>I noticed that Vanguard only allows automatic investing for mutual funds. I read that it’s recommended to contribute every month to take advantage of dollar cost averaging, vs. investing a larger lump sum once or twice a year. </p> <p>So would you switch to mutual funds to enable automatic investments or keep portfolio as is? Is there another automated way for monthly investing for ETFs? I am aware that mutual fund require higher minimums and expense ratios. If I do switch.. do I have to sell my ETFs or can I convert them to a mutual fund? </p> <p>Thanks!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/madusa12"> /u/madusa12 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/kpb6y2/vanguard_etfs_auto_investing/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/kpb6y2/vanguard_etfs_auto_investing/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Hi,</p> <p>I am looking to set up automatic investments every month to my portfolio in my brokerage account. My simple two fund portfolio currently consists of the following ETFs:</p> <p>-BND - VTI</p> <p>I noticed that Vanguard only allows automatic investing for mutual funds. I read that it’s recommended to contribute every month to take advantage of dollar cost averaging, vs. investing a larger lump sum once or twice a year. </p> <p>So would you switch to mutual funds to enable automatic investments or keep portfolio as is? Is there another automated way for monthly investing for ETFs? I am aware that mutual fund require higher minimums and expense ratios. If I do switch.. do I have to sell my ETFs or can I convert them to a mutual fund? </p> <p>Thanks!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/madusa12"> /u/madusa12 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/kpb6y2/vanguard_etfs_auto_investing/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/kpb6y2/vanguard_etfs_auto_investing/">[comments]</a></span>Kind Regards R