Are mutual funds going to go the way of the dinosaur? Do they have any advantages over ETFs? ETFs have obvious advantages, such as being able to trade them intraday, whereas mutual funds only trade at end-of-day. Also, some mutual funds have loads, and even "no load" funds may have 'transaction fees' to buy and sell them, depending on the fund and the broker. Most brokers have a list of "no transaction fee" funds, but if a fund isn't on their NTF list, then it's going to cost money to get in and/or out of it. At least that's my experience with TDAmeritrade and Fidelity. I've have accounts with other brokerages over the years, but now I've consolidated down to where all my investment accounts are with one of those two firms.
