Re:Ask HN: I've saved up $80k USD. What should I do with it?
by silicon2401 on Wednesday May 06, 2020 @08:09AM
(#23090044)
Why VFIAX over VOO? does buying a foreclosure mean buying a house for cheap after the owners were unable to pay for it?
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Re:Ask HN: I've saved up $80k USD. What should I do with it?
by blaser-waffle on Wednesday May 06, 2020 @09:00AM
(#23090399)
VFIAX is "Admiral Shares" and has a lower expense ratio compared to VOO. But it also requires a higher minimum investment -- $80k is over that limit.
Even if OP splits it into smaller, dollar-cost-averaging purchases they'll still be able to get VFIAX without a problem.