I've read this article on the difference between the difference of ETFs and Mutual Funds:
https://www.bogleheads.org/wiki/ETFs_vs_mutual_fundsI opened an account as hsa bank for 2017 and maxed out my hsa account and then opened up an account at TDA through HSA bank so I could invest those funds.
Please bear with me, I've only really used vanguard to long term investments and don't have any experience with ETFs, TDA, or really any other type of trading, so I'm not sure which would be the best way to go about getting my funds at TDA in to a long term investment in a vanguard fund.
From what I gathered in reading that article is that some brokers offer free ETFs (
no commission) where that is seldom the case with mutual funds of an "Out of House" fund. The other thing I read is that ETFs must be purchased in
WHOLE SHARES, where mutual funds it doesn't matter.
Otherwise ETFs can essentially be day traded where mutual funds don't work so much like that. This doesn't really apply to me because it will be a buy and hold fashion.
I'm mostly interested in the fees considering I can only add about 3300 to my TDA account each year through the HSA (after hsa fees etc...) and $50 for a fee would add up after a number of years.
Is there a list of vanguard ETFs I can purchase that are commission free at TDA? Any vanguard mutual funds that are commission free at TDA?