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The best (and cheapest) funds around

Question: In your commentary in the January issue of Money, you recommend buying total market index ETFs. But I don’t find being able to trade ETFs like stocks all through the day to be an advantage for me. For example, whether I buy the Vanguard Total Stock Market ETF I will have to pay commission when I buy and sell, whereas I can buy their Total Stock Index mutual fund with no fee. I don’t understand why ETFs are better than mutual funds.

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