facebookIf I DCA $200 monthly into snp500 with e.g. Vickers, does that means the $25 will be charged monthly? (Meaning only $175 goes into snp500) ? - Seedly

Anonymous

07 Jun 2019

โˆ™

General Investing

If I DCA $200 monthly into snp500 with e.g. Vickers, does that means the $25 will be charged monthly? (Meaning only $175 goes into snp500) ?

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Yes, because the minimum commission is $25.

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Gabriel Tham

11 Mar 2019

Tag Team Member at Kenichi Tag Team

If you are doing it manually via a brokerage platform, then yes, commission fees will be eating into your manual DCA plan.

You could save up a lump sum and do it once a year. Or you can try a roboadvisor.

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