Perfectson
Banned
I found out that FXAIX distributes capital gains to share holders. I don't really wanna be hit with capital gains taxes on income I haven't actually realized because it was redistributed to me as shares of FXAIX. ETFs apparently don't have those issues nor do Vanguard Index Funds.
On Fidelity IVV might be a better buy than FXAIX. FXAIX should be used in a tax deferred account like a Roth or other IRA.
Hmmm just drip the capital gains and defer the tax payment. Most funds dividend out or have capital gains...thats how you make most of your money