I've read most of the common arguments, and the gist seems to be that ETFs allow more flexibility. Still, it seems to me that you could just treat ETFs like a mutual fund (buy and hold), and it will still be better.
Let's take Vanguard. Their ETF has an expense ratio of .05%, which rivals their Admiral funds. You can also buy their ETFs for a low price at most brokerages (or free if you have Vanguard), while buying a Mutual Fund can cost as much as 30$. I understand that for small amounts of money, you can buy fractions of MFs, but for any investor with at least $25k, ETFs seem like a no-brainer in all situations.
What am I missing? I am still new to this, and I would like someone to tell me why I'm wrong if I am. Thanks
Submitted August 09, 2017 at 11:17PM by clueless_dancer