facebookI would like to invest in S&P500, but after googling and asking around I'm still quite uncertain. Looking to deposit around $500/month into a ETF. Any advice? - Seedly

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Berfont Thum

Counsellor at SACS

08 Jun 2021

General Investing

I would like to invest in S&P500, but after googling and asking around I'm still quite uncertain. Looking to deposit around $500/month into a ETF. Any advice?

Should I use local brokerage (SCB was recommended to invest in IWDA? FSMone looks nice to me) or international brokerage (first trade has $0 commission, Kristal AI has free trade for first $50k, IB is quite pricey at $10/month)

For Singapore, better to use Ireland-Domiciled ETFs right? Any significant difference for VUSA, SPX5, IUSA? I noted SPX5 has slightly higher expense ratio

Discussion (6)

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No problem with SP500, could be even the single one ETF You need.

somethings:

https://seedly.sg/questions/what-is-your-genera...

IB also offer free service. It is called IBKR Lite. If you just want to buy ETF, I suggest you to buy it through brokerage account. You can simply buy SPY which has relatively low expense ratio. It is also highly liquid.

Kristal.AI

15 May 2020

Content & Community at Kristal.AI

Hi Berfont,

S&P500 is a great index to get diversified access to US equities!

However, before jump...

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