Talking about in contrast to hidden nothing ETFs nobody’s heard about

Dr.
These are major ETFs, high-volume ETFs. And 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:

Another question is, if you accomplish that cool element, so it fractional share feature? And i also thought it’s extremely smoother as it removes one of the difficulties of utilizing ETFs. One reason why I love old-fashioned common fund over ETFs is that you can merely place the dollars during the. It’s not necessary to calculate from offers aside from the simple fact that you could place the buy in the and it also merely takes place at the conclusion of the fresh new change go out. But you can 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.READ MORE