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by jldugger
2748 days ago
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> I wasn't sure if the person above was generically referring to all ETFs and ETNs as "index funds", when I was specifically responding to someone who was suggesting that they were using Robinhood for buy-and-hold index investing, buying things like S&P 500 etfs (eg. SPY, VOO, IVV). Specifically, I have a boring investment strategy of SP500 and AGG. I'm just seeking the lowest cost means of investing in those two indices. When I opened the brokerage account RH was mostly top of mind. Things have gotten more competitive lately, with Fidelity's 0 expense ratio funds and maybe I should look at Vanguard more carefully. Although 'Vanguard is more established' isn't particularly resonant personally, so to my mind they seem relatively equivalent. I completely recognize that RH's platform enables a lot of unsophisticated traders to make unwise trades, and leaves sophisticated traders wanting. |
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