Fund partners

  • Recommendations from the web:
  • International total stock market: VTIAX/VXUS, VFWAX/VEU and IXUS.
    • The former two are a perfect pair. Almost feels like they were made to be TLHed!
  • US total stock market: VTSAX/VTI, SCHB and ITOT.

Mutual fund vs ETFs

  • Mutual funds:
    • TLH only makes sense within Vanguard because other funds distribute capital gains, so not tax efficient.
    • Only need one “exchange” transaction with Vanguard. Check if Schwab allows something similar with ETFs though. - Schwab doesn’t allow exchanges but does allow 1 trade with unsettled funds.
  • ETFs:
    • I can do everything in one place, i.e. my Schwab account. (Mutual funds, on the other hand, aren’t all available for free on one broker.)
    • I can put limit sell orders. This alone might be the biggest reason to go this way because it won’t require me to track prices closely. Also, alerts.

Resources