Anonymous

03 Sep 2020

∙

General Investing

I am planning to set aside <$500 per month for investing. Considering that i am buying SWRD. Is it better to invest lump sum (quarterly) or monthly? Is IBKR or SB a better option ?

The amount will increase in the future.

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Michelle L

10 Jul 2021

Hi, I am not sure what is SB. For IBKR, the monthly cost is USD10 and each trade cost usd $1.05. You can offset the $10 with trade. It is the cheapest broker to start buying ETF on monthly basis. Set up is pretty simple too.

Similar to what other has mentioned, do dollar cost averaging.

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Maisul

03 Sep 2020

Youtuber at Google (Channel : Say Do Invest)

Its always advisable to invest consistently monthly to average out the cost price of your stock.

Dollar cost averaging works.

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