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Anonymous

22 Jul 2020

General Investing

How to calculate FSMONE RSP fees if i were to set aside $200 monthly?

If I plan to buy into VOO via FSMONE RSP with $200/month what are the fees aside from the monthly $1.07 and 30% withholding tax from dividend payout. Would DCA or lump sum be better in this case?

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Tan Wei Ming

22 Jul 2020

Founder and Writer at Frugal Youth Invests

Well you have the freedom to manually decide when you want to DCA. Maybe you want to do it every quarter or so. This is something that we have the liberty to change. Even if you do lump sum, you will still want to buy in tranches.

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