09-08-2021, 04:37 PM
Sell higher priced fund for same type of fund at a lower cost?
<!-- SC_OFF --><div class="md"><p>Apologies if this borders on a <a href="/r/personalfinance">/r/personalfinance</a> question, but i think its broad enough not to get flagged. Does it make any sense to sell off a fund at a higher price and reinvest in the same type of fund that is at a lower price? For example sell VTI and buy FZROX. In this example, any advantages beyond the zero fees of FZROX? Would the funds typically grow at the same ratio so it basically becomes a wash? Or would there be the possibility that the newer fund gains popularity and demand, increasing the price above an even ratio of growth for that type of fund? Also besides gains that would incur in the sale of the one fund.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/crawdad101"> /u/crawdad101 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/pjte7y/sell_higher_priced_fund_for_same_type_of_fund_at/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/pjte7y/sell_higher_priced_fund_for_same_type_of_fund_at/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Apologies if this borders on a <a href="/r/personalfinance">/r/personalfinance</a> question, but i think its broad enough not to get flagged. Does it make any sense to sell off a fund at a higher price and reinvest in the same type of fund that is at a lower price? For example sell VTI and buy FZROX. In this example, any advantages beyond the zero fees of FZROX? Would the funds typically grow at the same ratio so it basically becomes a wash? Or would there be the possibility that the newer fund gains popularity and demand, increasing the price above an even ratio of growth for that type of fund? Also besides gains that would incur in the sale of the one fund.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/crawdad101"> /u/crawdad101 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/pjte7y/sell_higher_priced_fund_for_same_type_of_fund_at/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/pjte7y/sell_higher_priced_fund_for_same_type_of_fund_at/">[comments]</a></span>Kind Regards R