Anonymous
Does it make sense for me to buy SPDR S&P 500 ETF (SPY) if my robo portfolio has CSPX?
Beginner investor here, please enlighten me? both ETFs are tracking s&p500? Currently DCA-ing into the robo but wondering if i should also invest in SPY through a broker?
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Echoing what @thefrugalstudent said, I think since it's covered by your robo, that's fine. Perhaps better to look at others via stock picking or maybe QQQ if you're bullish about tech.
I do have CSPX but I got it through brokerage, as I prefer going through Ireland domiciled to avoid the withholding tax.
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thefrugalstudent
18 Aug 2021
Founder at thefrugalstudent.com
Hi Anon,
It really depends on why you want to invest in SPY via a broker.
By doing so, you will b...
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