Hello. I'm newly registered to the forum, specifically because I have a question regarding mutual funds. From what I've seen, this forum is very helpful in this area. My question is how important the price per share of a mutual fund is.
I'm a new investor. I only recently opened an account with Vanguard and currently have money in two funds: a Target Retirement Fund (which is my IRA account) and the Vanguard S&P500 fund (which is my regular investment account). I've done research into the foundational knowledge of mutual funds (I've read Benjamin Green and John Bogle, in other words), and I have an investment buddy whom I chat with, but this is one issue I've not yet really seen answered to my satisfaction. And seeing how much higher price per share is for the S&P500 than for, say, a fund like Windsor II, which is comparable as far as I can tell, I'm curious about how important price per share is to a fund and what difference it makes in performance.