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Anonymous

05 Jul 2020

∙

General Investing

Anyone using FSM platform to buy STI ETFs? If I want to invest 500/month RSP, do I put in 500 or 500 plus the 0.08% fee in the fsm cash account?

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Tan Wei Ming

05 Jul 2020

Founder and Writer at Frugal Youth Invests

Just 500. The commission is deducted from the 500 you put in.

I would like to recommend you to look into other ETFs that are available on their list besides STI ETF such as VOO or VT as it has more potential of capital appreciation.

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Related Posts

Lets say i invest $5000 to buy sti etf using fsmone app, what is the breakdown of fees i have to pay if i want it to be keep in my cdp account compared to if i keep it in fsmone?

Have been buying $200 of STI ETF every month along with my other investments using the POSB RSP. Would it be better to buy it using Syfe Trade since it incurs lesser fees now?

I would like to invest $500 monthly into ETFs (VUSD or CSPX) would anyone with expertise be able to advice which trading platform i should use with the lowest trading platform fees & exchange rates?

If i would like to invest in s&p500, do you advise to buy relevant ETF via ibkr, or use cash to buy from endowus? (wondering if IBKR incurs any recurring fees for holding the ETF VS fees from endowus)

Is there any platform that allows dollar-cost averaging investment to S&P 500 ETFs (SPY or RSP) like the local POSB Invest Saver or OCBC BCIP program to STI ETF?

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