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!!!!

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Financelearner

15 Aug 2023

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.

Reply

Save

Write your thoughts

Related Posts

To invest in S&P500, would you recommend I buy (using cash) eft (?) via ibkr, or do I invest in Lion Global via endowus? Thanks for your advice!

Is it worthwhile to pay recurring fees to own S&P500 if i invest with Endowus by cash vs buying through a brokerage firm that charges once off fees?

Have been buying $200 of STI ETF every month along with my other investments using the POSB RSP. Would it be better to buy it using Syfe Trade since it incurs lesser fees now?

Which broker to use for US ETF e.g. vanguard snp 500? Saxo or td ameritrade. Quite confused by the many costs.. Also, is roboadvisors another “alternative” to invest in us etf? I would like to buy and hold US etf, before dabbling in the rest.?

I am new to investing and would like to buy and hold some ETFs using IB. Whom can I ask for help who has experience in the platform and can guide me in the process for a startup.?

Related Posts

To invest in S&P500, would you recommend I buy (using cash) eft (?) via ibkr, or do I invest in Lion Global via endowus? Thanks for your advice!

Is it worthwhile to pay recurring fees to own S&P500 if i invest with Endowus by cash vs buying through a brokerage firm that charges once off fees?

Have been buying $200 of STI ETF every month along with my other investments using the POSB RSP. Would it be better to buy it using Syfe Trade since it incurs lesser fees now?

Which broker to use for US ETF e.g. vanguard snp 500? Saxo or td ameritrade. Quite confused by the many costs.. Also, is roboadvisors another “alternative” to invest in us etf? I would like to buy and hold US etf, before dabbling in the rest.?

I am new to investing and would like to buy and hold some ETFs using IB. Whom can I ask for help who has experience in the platform and can guide me in the process for a startup.?