The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools


Subject:  Re: EFT vs Mutual fund Date:  2/11/2013  10:16 PM
Author:  pauleckler Number:  18217 of 20077

The major difference is that the ETF fluctuates in value throughout the day with market conditions, while the value of the mutual fund is calculated at the close of each business day, usually 4 pm, and all orders placed since the last close are traded at that price.

To the long term investor they are equivalent. To the short term trader, ETF can have advantages.
Copyright 1996-2016 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us