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Anonymous

30 Apr 2020

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General Investing

Can I RSP into an S&P500 fund? Should I use an index fund or an ETF if I have a budget of $200-$400 every month?

I want to invest in the S&P500 in the most cost-effective way with the budget that I have

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Yong Xiang

30 Apr 2020

Hi guys

I am in a similiar dilemma on the same topic as well. Would FSMone RSP a more cost efficent method and liquidable compare to index?

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Mr Lum

11 Mar 2020

There will be plenty of transaction fees in this case. But if you are planning on holding it in the long run, it will not matter much. Still, will recommend lumping sums of money together and invest a couple of thousands at one go, consistently.

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Elijah Lee

10 Mar 2020

Senior Financial Services Manager at Phillip Securities (Jurong East)

Hi anon,

$200-$400 a month is an amount that will incur costly transactional fees, alongside custod...

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Any recommended platforms to RSP / DCA on S&P500 (SPY) and NASDAQ (QQQ) ETFs? Say $200-$400 each every month?

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?

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Hi, what are the differences between Ireland & US-domilciled ETFs that track S&P500 index? IBKR/SAXO/SCB for Ireland-domiciled ETFs and funds for monthly DCA?

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