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How to Choose Between an ETF and a Mutual Fund
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Exchange-traded funds are fashionable. Most, as measured by total expense ratios, are cheap compared with traditional open-end mutual funds. ETFs offer potential tax benefits and can be bought and sold throughout the trading day whereas mutual fund transactions occur only at daily closing quotes.
So it would seem to be a no-brainer: Forget about mutual funds and buy and sell those trendy ETFs, right?
Not necessarily! ...
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