In this video, I’ll walk you through how to buy VTSAX in Vanguard.
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How to Buy VTSAX on Vanguard: A Step-by-Step Guide
Investing in index funds has become increasingly popular among individuals looking to grow their wealth through low-cost, diversified portfolios. One such fund that has gained significant attention is VTSAX, offered by Vanguard. In this article, we will guide you through the process of buying VTSAX on Vanguard.
Step 1: Set up a Vanguard Account
If you don’t already have an account with Vanguard, the first step is to set one up. Visit the Vanguard website and click on the “Open an Account” button. Follow the prompts to provide your personal information, including your Social Security number, address, and financial details.
Step 2: Fund Your Account
Once your account is set up, you will need to deposit funds into it. There are several options available, such as a bank transfer or depositing a check. Choose the method that suits you best and follow the necessary steps to fund your account.
Step 3: Research VTSAX
Before investing in any fund, it is crucial to do your research. VTSAX is an index fund that aims to replicate the performance of the CRSP US Total Market Index, providing investors with exposure to the entire US stock market. Take the time to understand its past performance, expense ratio, and overall investment strategy.
Step 4: Access the Vanguard Fund Page
Once you have funded your account and are ready to invest, log in to your Vanguard account and navigate to the Fund page. You can access this page by clicking on the “Investing” tab and then selecting “Funds” from the drop-down menu.
Step 5: Find VTSAX
On the Fund page, use the search bar or browse the available funds to find VTSAX (Vanguard Total Stock Market Index Fund Admiral Shares). Click on the name of the fund to proceed.
Step 6: Review Fund Information
On the VTSAX fund page, you will find comprehensive information about the fund. Take the time to review details such as the expense ratio, minimum investment requirement, historical performance, and any other relevant information that can help inform your decision.
Step 7: Buy VTSAX
To purchase VTSAX, click on the “Buy” button on the fund page. You will be asked to specify the amount you wish to invest. Ensure that you have sufficient funds available in your Vanguard account to cover the investment. You may choose to invest a lump sum or set up an automatic investment plan.
Step 8: Set up Automatic Investments (optional)
If you plan to make regular investments in VTSAX, consider setting up an automatic investment plan. This allows you to contribute a specific amount at regular intervals, such as monthly or quarterly. This approach promotes disciplined investing and helps you take advantage of dollar-cost averaging.
Step 9: Confirm and Review
After specifying your investment amount, review the details to ensure accuracy. Check the transaction cost, any applicable fees, and the total investment amount. Confirm your purchase and proceed to the final step.
Step 10: Monitor and Manage
Congratulations! You are now a proud owner of VTSAX. Monitor the fund’s performance regularly, but remember that long-term investing is the key to success. Additionally, it’s important to periodically rebalance your portfolio to maintain your desired asset allocation.
In conclusion, buying VTSAX on Vanguard is a straightforward process that can be done online. By setting up a Vanguard account, funding it, researching the fund, and following the step-by-step instructions, you can invest in VTSAX and benefit from its performance and diversification. Remember to conduct due diligence about the fund and consult with a financial advisor if needed. Happy investing!
How can an international investor can invest in VTSAX?
Hi! So after your initial investment of $3k, you are able to invest any $ amount after that?
NICE VIDEOS = THANK YOU – HELLO, Is there place to buy the entire crypto market kinda like #VTASX Vanguard Total Stock Market Index Fund Admiral Shares. IF not then, it would be wise that someone build a Crypto Fund like #VTASX, #Crypto WILL BE the 9th leg of the STOCK Market < mark my words >, you have heard it here FIRST from me.
It's inevitably true, Crypto will become another part of the MARKET soonest soon it will be 100's of Trillions in few years.
Hi is there any equivalent of vtsax to Europeans? As I in the EU not US or UK.
This video should literally be on the vanguard website. Thank you!
tysm for this video! could not figure out how to invest any of my contributions at first glance but you're a live saver!
So you have to buy in for an initial of $3,000 but after that you can buy $5, $10,$100 or whatever number amount you want? So until then you can just deposit into vanguard until you hit the minimum i take it?
Thank you this is exactly what I was looking for.
Can you buy VTSAX with euros or only with US dollars?
For someone who is brand new to investing (havent created Vanguard account nor Roth IRA nor brokerage account), how should initial funding for VTSAX be done? Should it be just through a brokerage account or through a ROTH IRA?
Great content
Do you still need $3000 to buy VTSAX in the beginning or start with $200
Thank you so much for this step-by-step (even a year later) because I could not figure this simple process out for the life of me.
Thank you! This helped me sort out what was going on when buying 🙂
Nothing better than a blonde chick telling you to buy VTSAX
I wanted VTSAX in my brokerage account but I don't understand the fees portion. Is Roth IRA a better convenience far as fees??
This is exactly what I needed to begin to invest, I'll do that tomorrow, thank you a lot
2:25 when she actually starts showing the process
Thank You for this video very informative
This is so helpful! I have clients ask all the time about "how" to actually purchase index funds, and I'll have to refer them to this video now!
She is so beautiful!
Hello, my 401k used to have only 1 retirement fund VTIVX but then later I decided to have 2 more funds VWELX & VWETX and transferred some of the amount from VTIVX to the other 2 funds, how can I transfer the amount back to my original retirement fund and just have 1 fund again and remove the other 2 funds?
Why not just buy some aapl and amzn instead tho?
I'm staring in 3 months. I will update this comment when I reach my goal!
Just what I needed, a quick simple walkthrough tutorial! Thanks! 🙂
Can I buy VTSAX if I’m in the UK?
Hello, is it better to buy VTSAX in a roth ira or brokerage acct?
I just wish you would've gone through the info of after you buy how it works, I really want to buy $3,000 worth, but I'm not sure if i the order comes at the price of the day or the price they put on the stocks after market close, great video tho, thank you!
VTSAX isn't designed to track the S&P 500 though as stated in the video, it's designed to track the Total US Stock Market (~3,500 US stocks) vs VFIAX which is only ~500 stocks. VTSAX is 80% large/mid cap and 20% small cap.
what time of the day is it best to buy an ETF – or does it even matter ?
what is better -ETF OR mutual fund ?
hi. i thought there is a minimal purchase of about 3600 dollars. but i didn't see that u did invest w that amount of money? what did i muddle? thanks. enjoy your videos a lot, keep up
Was not familiar with this. Great information. Love the glasses.
Thank you!! Very straight forward. Helped me more than a previous video.
I use fxaix this is pretty much the same
Great video! Very clear explanation.
compounding interest, the 8th wonder of the world!
Thanks for vid Courtney, wish u would reveal ur portfolio sums. However, some of ur funds seem to overlap.
Great video! Do you get a large tax bill for having. VTSAX in your taxable account? Thanks!