Regular Shares Savings Plans (RSS/RSP)
Asked on 28 Aug 2020
Also should I just save up more and do DCA 6 times a year for Irish-Domiciled ETFs on SCB/IB, like a IWDA or VWRA? Read that investing in NYSE will incur more costs long term than in LSE.
Excellent choice to invest periodically 500 $. Yes, possibly VT or SWRD is all you need. The higher the dividend yield of your ETF the more relevant differences in U.S. (30%) versus Ireland (15%) withholding tax. But then you should also calculate in differences in trading fees and other fees of your broker (custody, account maintenance ...) for non-U.S. ETFs. TD Ameritrade (also Singapore branch) currently has no (0.00 USD) trading or other relevant fees, for U.S. stocks/ETFs, other brokers will follow.