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Anonymous

20 Jun 2020

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General Investing

If my plan is to invest in VOO/VTI for the next 20-30 years, should I still use Kristal’s free 25 trades till I hit $50k AUM?

Or should I start with FSMone’s RSP and stick with it for the Long run?

FSMOne Fundsupermart Kristal.AI

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Ng Wei En

20 Jun 2020

Analyst at Mastercard

If you do not mind having to manage your ETFs in multiple platforms in future, that is kristal.AI and another stock brokerage, then using the free 25 trades till $50k AUM would be a cost-effective way to get into ETFs like VOO/VTI and then find a stock brokerage to buy ETFs directly from.

If you stick to kristal.AI after exceeding $50k AUM, you get charged a 0.3% management fee on top of fees charged by Saxo which is the custodian broker for kristal.AI. You may wish to buy the ETF directly from the broker after you hit the 25 trade limit per year or exceed the 50k AUM for maximum cost-effectiveness. Of course, kristal.AI differentiates itself by coming up with their own basket of equities(can say is their own D.I.Y ETF only available on their platform) which you may consider looking at.

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