Hello, I'm a beginner in investing. For Kristal AI, if the first $50k have no management fees, is it better to invest $10k into an US ETF or buy thru SAXO directly? - Seedly
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Anonymous

Asked on 12 Mar 2020

Hello, I'm a beginner in investing. For Kristal AI, if the first $50k have no management fees, is it better to invest $10k into an US ETF or buy thru SAXO directly?

Which would be a better choice between Kristal.AI or SAXO? Any advice?

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CJ
Cynthia Jasmin
Level 6. Master
Answered on 13 Mar 2020

Hi There,

Of course you can utilize both to support your financial advantage however, Kristal provides you with investment advice via its propietary algorithm within minuets to create a personilized investment portfolio. Which is designed sepicifically to meet your investment requirements and investor profile.

On top of that, Kristal offers more than 200 carefully created and managed investment strategies to help you build your portfolio.

Best regards,

Cynthia

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ūüĎć
4
Question Poster

13 Mar 2020

Hi thanks for ur answer. Are u aware whether the 30% US withholding dividends tax applies to kristal too?
Cynthia Jasmin

16 Mar 2020

You are welcome. The 30% dividends tax applies to the ETF not the platform you are using. In conclusion, regardless which platform you are using, the 30% tax will apply to you. Hope this helps, Cynthia
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Jovan Lai
Jovan Lai
Level 4. Prodigy
Answered 2d ago

Hi there!

It really depends on your stratergy. If you are starting out i'm assuming you are thinking of possibly passive investing maybe via dollar cost averageing?

If so, personally I feel there isn't much benefit investing via Kristal AI. You can avoid paying additional annual commissions to them and just invest directly via the actual stock exchange. Of course, do your calculations and look at the commissions over the long term.

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ūüĎć
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Thank You!
Can you clarify
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