15 Feb 2021
Is it cheaper to DCA into S&P 500 ETF and HK ETFs via FSMOne RSP or just buy one unit/month from Tiger Brokers?
Beginner here. If I want to DCA in s&p 500 ETF, and some HK ETF, does it makes more sense and cheaper if I do via FSMOne RSP or just buy one unit/month from Tiger Brokers?
The issue with buying on your own is discipline. When the time comes, will u be able to pull the trigger and buy no matter what, or will u rationalise to yourself to wait for this or that time to happen first? People generally don't want to rely on their own willpower for such things, so it depends on you. Rsp will be automated all the way. Just needs to fund it.
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STOCK HOLDING TYPE
POEMS by PhillipCapital