With this announcement by S&P, VFIAX-Vanguard 500 Index Fund Admiral Shares (and VOO ETF) is now superior to Vanguard Total Stock Market Index Fund Admiral Shares ticker: VTSAX (and VTI ETF) as VFIAX will not hold any SpaceX and investments will be protected from the SpaceX fleecing of investors.
I’ll be liquidating my entire position of VTSAX on Monday and putting it all in VFIAX in my 401k.
I wish it were this easy to liquidate “total market funds” to switch them to S&P500 tracked funds in brokerage accounts. :(
With this announcement by S&P, VFIAX-Vanguard 500 Index Fund Admiral Shares (and VOO ETF) is now superior to Vanguard Total Stock Market Index Fund Admiral Shares ticker: VTSAX (and VTI ETF) as VFIAX will not hold any SpaceX and investments will be protected from the SpaceX fleecing of investors.
I’ll be liquidating my entire position of VTSAX on Monday and putting it all in VFIAX in my 401k.
I wish it were this easy to liquidate “total market funds” to switch them to S&P500 tracked funds in brokerage accounts. :(