Taxable Account: VTSAX vs VTI

[bovie]

Isn't the bid ask spread on big funds like vti negligible?

Generally, yes.

[childay]

On the flip side, if a single intraday swing wipes out what you were going to TLH then you're probably TLHing too much and that's a good way to really start to complicate your portfolio.

I hear your point but not that complicated really. Just follow my IPS and hold longterm if needed

[CordMcNally]

I hear your point but not that complicated really. Just follow my IPS and hold longterm if needed

I would prefer just to do a big TLH rather than 5 smaller ones within a month and now all of a sudden I've got a bunch of various mutual funds but your mileage may vary. For me, simplicity is key.

[childay]

I would prefer just to do a big TLH rather than 5 smaller ones within a month and now all of a sudden I've got a bunch of various mutual funds but your mileage may vary. For me, simplicity is key.

Everyone's gotta have a hobby lol. Simple is good. In case not obvious for others, TLH is optional and not gonna move the needle much overall

[Larry Ragman]

Everyone's gotta have a hobby lol. Simple is good. In case not obvious for others, TLH is optional and not gonna move the needle much overall

I agree it is optional for most and won’t generally move the needle. In my case I am building a bank to offset some property sales, so I look for larger TLH opportunities.

[abds]

With VTI, you have to place a limit (buy) or stop (sell) order at a known price. You should never use market orders.

A market order during market hours, on a very large volume ETF like VTI, with a narrow spread, is very low risk as long as it’s not placed during a time of panic-like volatility. If I’m missing something please correct me.

A market order placed after hours and set to execute the next morning would seemingly be a very bad idea.

[bovie]

A market order during market hours, on a very large volume ETF like VTI, with a narrow spread, is very low risk as long as it’s not placed during a time of panic-like volatility. If I’m missing something please correct me.

A market order placed after hours and set to execute the next morning would seemingly be a very bad idea.

Correct.

[Tangler]

ETFs for taxable are growing on me.

I own both ETFs and MF.

If was starting out and had to pick, I would go with VTI & VXUS for a taxable brokerage account.