facebookIf i would like to invest in s&p500, do you advise to buy relevant ETF via ibkr, or use cash to buy from endowus? (wondering if IBKR incurs any recurring fees for holding the ETF VS fees from endowus) - Seedly

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Anonymous

15 Aug 2023

General Investing

If i would like to invest in s&p500, do you advise to buy relevant ETF via ibkr, or use cash to buy from endowus? (wondering if IBKR incurs any recurring fees for holding the ETF VS fees from endowus)

As I know endowus does charge fees after that for maintaining. (for endowus im looking At Lion Global)

thank you!!!!

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IBKR does not have any fees for holding the ETF as far as I know. The advantage of using IBKR to buy the S&P500 is that you can also choose to invest in CSPX (which has more tax-efficient dividends) and select the price point at which you are willing to buy. With Endowus, the benefit would be currency hedged, although the expense ratio might be higher.

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