Hi everyone, I'm quite new on the forum,a bit inexperienced, but I would consider myself pretty mustachian since forever, at least for the "be frugal" part.
I went through this conversation in the past few months and I feel a bit overwhelmed by information.
I need a clarification about a topic already discussed a million times in the forum: Vanguard Wholesale index Funds Vs a LICs/ETFs mixed portfolio:
While is pretty easy to calculate how much I would spend yearly for the fund, I have some issues with the ETFs mixed portfolio.
How is it possible to keep the expenses competitive?
If you start having a mix of 5/6 LICs/ETFs and you keep investing,let say, quarterly, plus re-balancing, I'm scared the brokerage fees will be massive.
Am I just overestimating the trades I'll do to keep my portfolio on track? What would be a "good number"? 15/20 trades a year for 5/6 ETFs?? (roughly $200, I'm with CMC)
Still I haven't invested anything in ETFs, just few stocks, but I'll star very soon. I'm oriented to the to the wholesale index funds (Growth or High Growth), I should be able to meet the minimum requirements ($100k), but I think I can manage the ETFs as well and build some experience over time. At the moment I'm just worried of overspending.
I have another thread, some of you already landed there, If someone want to have a look, check my signature, I have some other questions also there! :-)
Thanks in advance, this community is super helpful!!!