Understand that having invest on ETF through bank for S$500/monthly, bank would charge a S$5 transaction fee. Would you rather recommend a lower amount to avoid the transaction fee? ? - Seedly
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Anonymous

Asked on 23 Mar 2019

Understand that having invest on ETF through bank for S$500/monthly, bank would charge a S$5 transaction fee. Would you rather recommend a lower amount to avoid the transaction fee? ?

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Gabriel Tham
Gabriel Tham
Level 9. God of Wisdom
Answered on 23 Mar 2019

You can check out the comparisons of RSP

https://blog.seedly.sg/which-regular-savings-plan-is-the-cheapest/

Fees are already quite low, I don't think you can get cheaper than that.

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ūüĎć
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Adriel Chia
Adriel Chia
Level 3. Wonderkid
Answered on 27 Mar 2019

I'd rather you invest more and choose OCBC or Phillip to make the transaction fees more worth it.

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ūüĎć
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