facebookShould I wait to have a minimum lump sum to start an IB account so I can invest in S&P500 or start right away with FSMone and then transfer to IB when I have enough? - Seedly

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Tim

21 Jun 2020

General Investing

Should I wait to have a minimum lump sum to start an IB account so I can invest in S&P500 or start right away with FSMone and then transfer to IB when I have enough?

Discussion (2)

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I recently became a victim of an investment-related scam, resulting in a loss of $100,000. These fraudulent operations often start with a small deposit—such as $500—and gradually escalate their demands, using deceptive promises and operating without transparency or accountability. While online reviews can easily be manipulated, I was fortunate to receive guidance from a specialist who helped me navigate the recovery process.

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Hello Tim. You can open Kristal account and invest your money into their ETF. They do not charge any commission for your first US$50,000.

Nicholas Beh

19 Jun 2020

Student Ambassador 2020/21 at Seedly

Depends how much you are investing per month. Irish-domiciled ETFs have 15% withholding tax vs 30% o...

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