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Feb 25, 2021
3:30
:05
pm
flyzag
All-American
Mutual funds are purchased as dollars not shares. So you buy $1000 worth rather
rather than 10 shares @ $100
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flyzag
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flyzag
Joined
Nov 15, 2010
Last login
Apr 27, 2024
Total posts
5,059 (0 FO)
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Messages
Author
Time
Here’s my oversimplified summary of what has happened in the stock market over the past year and happening now.
jholling
All-American
2/25/21 2:12pm
Last time I bought like I did today and Tuesday was In October, when there was a
grosven
2/25/21 2:15pm
Seems like the dollar menus became "value menus" a long time ago.
ditch
2/25/21 2:18pm
Everything was "on sale" today. IMO markets will be ok until another 1.9T stim
flyzag
2/25/21 2:20pm
If everything is on sale today, why is VTSAX up today?
Sale
2/25/21 2:25pm
It's not. You're looking at yesterday. Funds won't post for awhile yet.
flyzag
2/25/21 2:30pm
Or is it an ETF?? I don't know
flyzag
2/25/21 2:32pm
Didn't know that about funds. I have the VTI ETF and sure enough, down 2.61 %
Sale
2/25/21 2:33pm
No, I was right. It's a mutual fund. Check back in a few hours. It will be red.
flyzag
2/25/21 2:34pm
on a side note, why is it so hard to figure out how to buy more shares of VTSAX
Sale
2/25/21 2:46pm
Mutual funds are purchased as dollars not shares. So you buy $1000 worth rather
flyzag
2/25/21 3:30pm
right, per my TDA app, I have "[X] shares of VTSAX @100.41, market value [x]"
Sale
2/25/21 3:46pm
It isn't...it follows the CRSP US Total Market Index:
TheLoneCougar
2/25/21 2:35pm
Mutual fund prices don't update until 6PM or so ET.
OlanchoCoug
2/25/21 2:45pm
good info, thanks
Sale
2/25/21 2:47pm
Dude, there will be so much stimulus. There is no end in sight. If they don't
grosven
2/25/21 2:26pm
You nailed it.
flyzag
2/25/21 2:29pm
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