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As of now, I have around 30% of my portfolio in CSPX via interactive brokers. However, with the recent expansion of syfe etfs, I am faced with more uncertainities.
1) Should I withdraw all my CSPX from IB now and invest via syfe (100% CSPX via syfe select)???
2) I am thinking of DCA into VWRA every month in addition to my current volume of CSPX, while i will buy more CSPX if the market dips . Is this a good deicsion ?
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thefrugalstudent
24 Oct 2021
Founder at thefrugalstudent.com
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Seems like there's an annual management fee of 0.4% to 0.65% for Syfe select. I think CSPX in IB is a better choice. Hope someone with more knowledge can chime in too as I'm looking to add CSPX to my portfolio .
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Hi Christopher,
Why would you want to invest in CSPX via Syfe select instead of IBKR? Syfe charges it's regular management fee for its Syfe Select portfolios. Even though there are no commission and FX fees, over time, the management fee will outweigh the commission and FX fees that IBKR charges. I wrote a post about Syfe Select on my blog, you can check it out if you're interested: https://www.thefrugalstudent.com/is-syfe-select...
Also, is there any reason you want to invest in both CSPX and VWRA? S&P 500 and World ETFs have significant overlap in the US market. While both are good ETFs, I don't see much value to hold both simultaneously. I'd rather keep things simple and stick with one - personally, that'll be CSPX for me.
Hope this helps!
Regards,
thefrugalstudent