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Anonymous
Hi all, I'm a newbie to investing. I would like to invest in SP500 unit trusts using my SGD cash. I'm in a dilemma between choosing Dollardex and Endowus. Which one is better? And why? Or, any better portals available for SP500 unit trusts or SP500 ETFs using SGD cash? Thanks.
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Just Being Ernest
11 Jun 2024
Content Creator at www.youtube.com/c/JustBeingErnest
You can look at Endowus "Infinity US 500 Stock Index Fund"
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Tan Choong Hwee
06 Jun 2024
Investor/Trader at Home
Endowus is a robo adviser and dollarDEX is an unit trust trading platform. They are different platforms to compare.
Robo adviser usually offers some advised portfolios for you to pick, whereas unit trust trading platform simply offers the unit trusts for your selection, which you would have to make your own decisions which to invest.
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U can consider individual brokerages for cheaper fees like ibkr, syfe etc.
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You can also use IDKR to invest in irish domiciled etf instead. Example, CSPX, VUAA. You need to con...
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I am using Endowus and I am satisfied with the service, though I do not know much abou the other.