If i were to DCA Monthly of $250 in FSMONE RSP (VOO) and Stashaway General Investing, am i right to say in the long run it will be cheaper on FSMone? - Seedly
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Anonymous

Asked on 07 Jul 2020

If i were to DCA Monthly of $250 in FSMONE RSP (VOO) and Stashaway General Investing, am i right to say in the long run it will be cheaper on FSMone?

Given if i were to DCA Monthly of $250 in FSMONE RSP(VOO) and Stashaway General Investing.am i right to say in the long run it will be cheaper on FSMone with their charges cap at $1usd = $12USD/$16.76SGD per year whilst with stashaway of 0.8% management fees it will cost $24SGD and increase per month as my AUM increases.

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Tan Wei Ming
Tan Wei Ming, Writer at Frugal Youth Invests
Level 7. Grand Master
Answered on 07 Jul 2020

Yes. In the long run the fees will be cheaper for FSMOne since it uses commission based while Robo Advisors use AUM.

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ūüĎć
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Question Poster

07 Jul 2020

Noted thanks. was wondering if let's say 5 year down the road i need to withdraw some of the investment i made isit possible to do it with fsmone or i must sell everything i have on fsmone. where as i know i am able to withdraw a certain amount from stashaway.
Tan Wei Ming
Tan Wei Ming

07 Jul 2020

You can sell normally on fsmone anytime you want but you cant sell fractional shares using their normal way.
Thank You!
Can you clarify
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