I recently wanna do some investments. My friends recommended VGTSX, VFINX, and VOO?
I searched them online, but still have many questions about them.
Can any buddy help to make a clear explanation about them? Any key difference between them? Which one is better?
VGTSX and VFINX is apple and orange comparision. One is international and other is based on SP500 index.
VFINX and VOO is the same fund, but different class (Mutual fund vs ETF). Here i would go with VOO because of low expense ratio (0.14% vs 0.04%). Also this depends on where you have brokerage account. VOO is commission free trade only at Vanguard. If you qualify for admiral status, then the expense ratio (VFIAX is 0.04%) will be comparable.
Other fund/etf, I would consider in similar class is VSTMX/VTI. It is based on total stock market index which includes tiny portion of small cap.