Author Topic: TD Ameritrade alternative to Vanguard VTSAX  (Read 1341 times)

BlkSC

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TD Ameritrade alternative to Vanguard VTSAX
« on: January 22, 2020, 01:39:30 PM »
My HSA is through HSA Bank and investing is done through TD Ameritrade. Buying VTSAX through TD Ameritrade costs $20 per transaction so I'm curious if there is something similar to VTSAX that you'd recommend that wouldn't cost anything to purchase? Thanks!

EvenSteven

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Re: TD Ameritrade alternative to Vanguard VTSAX
« Reply #1 on: January 22, 2020, 01:43:53 PM »
SPTM would be their commission free etf equivalent to VTI.

Hargrove

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Re: TD Ameritrade alternative to Vanguard VTSAX
« Reply #2 on: January 22, 2020, 04:03:48 PM »
VTI :)

It's VTSAX as an ETF.

ETF and stock commissions are $0 now.

terran

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Re: TD Ameritrade alternative to Vanguard VTSAX
« Reply #3 on: January 23, 2020, 07:59:04 AM »
Here's a list of ETFs that have "always" traded commission free at TD Ameritrade listed by their Vanguard equivalent: https://www.bogleheads.org/wiki/TD_Ameritrade but as @Hargrove points out (I haven't checked, but lots of brokerages are going that way, so not surprising, so I have no reason to doubt) you can probably just use Vanguard ETFs commission free too.

MustacheAndaHalf

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Re: TD Ameritrade alternative to Vanguard VTSAX
« Reply #4 on: January 24, 2020, 02:32:17 AM »
Schwab bought TD Ameritrade last year, which has probably influenced TD Ameritrade's pricing:
https://www.tdameritrade.com/pricing.page

They now charge $0/ETF or stock, buying or selling.  So there's lots of choices for total U.S. stock market ETFs.
If you prefer Vanguard, there's "VTI".  I also like iShares, ITOT.  Both of those charge 0.03% and hold ~3500 stocks.

Have you considered getting international exposure to equities?  Maybe VXUS or IXUS?
You could keep 80% US, but have 20% be international.  In prior decades, US and international took turns beating each other, so consider international for diversification.