I'm retired & considering investing. I've read about mutual funds. I understand the rudiments of mutual funds. People's money is pooled to buy stocks. Mutual funds can't be traded like ETFs. I have no desire to trade. I think that there are mutual funds that are not actively managed. I believe that there are index mutual funds. ETFs are more tax-friendly than mutual funds. If a mutual fund investor bails & closes his account does he pay any capital gains taxes or are the remaining shareholders stuck with paying his capital gains? But if the same thing happens with an ETF, the ETF holder pays his own capital gains, correct?
Well, it's been almost 3 weeks since I posted my questions. They still haven't been answered. Why not?
