Vanguard Total Stock Market fund is closed

[xcspring]

Vanguard total stock market fund recommended by Jim Dahle is closed. I was thinking about exchanging my Vanguard target retirement fund to this fund but can not do it. Vanguard S&P 500 index fund is also closed. Any similar funds are available at Vanguard? Thank you.

[G]

Huh?

[IntensiveCareBear]

You are mistaken. I have no idea what he "recommended," but...

VTI (Vanguard popular total market fund) is open... and there are similar alternatives.

VOO is their S&P... also open, also many alternatives for that index.

...If you are talking about mutual funds, I have little idea. I think those were things people bought in the 1950s-1990s, or something. Apparently, brokers and financial companies loved them since there are literally dozens of ways to hide fees and the liquidity was low and minimum purchases were high. You also couldn't sell options on them. Crazy historical info, huh? Antiquated products sure make us appreciate what we have today!

[Lithium]

I can only assume that you're looking at the Investor Shares version of the fund.  Buy the Admiral Shares class, ticker VTSAX, or the ETF VTI.

[snowcanyon]

April Fool's?

[The White Coat Investor]

xcspring wrote:

Vanguard total stock market fund recommended by Jim Dahle is closed. I was thinking about exchanging my Vanguard target retirement fund to this fund but can not do it. Vanguard S&P 500 index fund is also closed. Any similar funds are available at Vanguard? Thank you.

Click to expand...

Say what? Maybe the "investor" shares are closed, but I doubt the admiral shares will ever close and even if they do, just buy the ETF.

[The White Coat Investor]

IntensiveCareBear wrote:

You are mistaken. I have no idea what he “recommended,” but…

VTI (Vanguard popular total market fund) is open… and there are similar alternatives.

VOO is their S&P… also open, also many alternatives for that index.

…If you are talking about mutual funds, I have little idea. I think those were things people bought in the 1950s-1990s, or something. Apparently, brokers and financial companies loved them since there are literally dozens of ways to hide fees and the liquidity was low and minimum purchases were high. You also couldn’t sell options on them. Crazy historical info, huh? Antiquated products sure make us appreciate what we have today!

Click to expand...

I still prefer the fund, particularly in a tax-protected account.

https://www.whitecoatinvestor.com/my-favorite-mutual-fund/

[ENT Doc]

Yeah maybe a trigger warning next time.

Not closed:

https://investor.vanguard.com/mutual-funds/profile/vtsax

But good 4/1 prank. ;-)

[q-school]

april fool.  good one.

 



 

[Hatton]

Very funny!  Maybe next year  Vanguard rocked by financial scandal and closes its doors.

[Peds]

april fools!

 

but also they are called admiral shares now. there is a banner at the top of the page in yellow that redirects you.

[Hank]

VTSAX is not closed.  However, this thread now is closed.

Let's not go crazy with the April Fools posts.  Financial newbies rely on this forum for accurate information.  Three months from now a new forum member probably won't think to check the date to realize that an old post was made in jest.