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
6
Discussion (6)
Learn how to style your text
Reply
Save
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.
Reply
Save
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...
Read 2 other comments with a Seedly account
You will also enjoy exclusive benefits and get access to members only features.
Sign up or login with an email here
Write your thoughts
Related Articles
Related Posts
Related Products
Kristal.AI
4.4
92 Reviews
Curated ETFs, Auto Rebalanced Portfolios
INSTRUMENTS
0% to 0.3%
ANNUAL MANAGEMENT FEE
None
MINIMUM INVESTMENT
N/A
EXPECTED ANNUAL RETURN
Web and Mobile App
PLATFORMS
StashAway
4.7
1293 Reviews
Moomoo Singapore
4.7
479 Reviews
Related Posts
No problem with SP500, could be even the single one ETF You need.
somethings:
https://seedly.sg/questions/what-is-your-genera...