Hello,
I just opened up a vanguard account. I put in some money into the vanguard s&p 500 index mutual fund. i read conflicting articles on dollar cost avaraging. what are your thoughts on this? also is this a good index to invest in? i notice that mutual fund price is $118 per share, and its counterpart 500 index in ETF fund is like $52 per share. is it better to invest in ETF being that I can get more shares per dollar?
I just opened up a vanguard account. I put in some money into the vanguard s&p 500 index mutual fund. i read conflicting articles on dollar cost avaraging. what are your thoughts on this? also is this a good index to invest in? i notice that mutual fund price is $118 per share, and its counterpart 500 index in ETF fund is like $52 per share. is it better to invest in ETF being that I can get more shares per dollar?