Would it be possible to simply transfer the the VTSAX to Schwab and then purchase VTI to add to that type of position?Thanks! I found this on their site:Holding and selling is free. Buying more is ~$75 per transaction. Apparently some people have fees for buying Vanguard funds at Schwab permanently waived as part of an incentive deal to move to Schwab, too.Schwab doesn't charge a $25 fee to hold VTSAX (as opposed to VTI which would clearly be no fee)? I'm pleasantly surprised if that's true.I had to login to my Schwab account to see the explicit costs for VTSAX.Asset Allocation Sheet
Transaction Fees:
Purchase
$06 online for Schwab Funds* and any fund participating in Schwab's Mutual Fund OneSource service.
Up to $74.95 for all other funds.†
Redeem
$06 online for Schwab Funds* and any fund participating in Schwab's Mutual Fund OneSource service.
†Per-trade transaction fees do not exceed 8.5% of principal, up to $74.95. Trades below $100 in principal are exempt from the transaction fee.
Given that, I'd probably sell VTSAX at Vanguard, transfer the cash to Schwab, then buy Schwab's native Total US Stock fund (SWTSX) (avoids a $75 fee for each new purchase).
Statistics: Posted by WeakOldGuy — Thu Apr 18, 2024 4:21 pm — Replies 19 — Views 1056