facebookWhat's the best platform to buy into S&P 500 if I wanna DCA $300/month and hold long term? - Seedly

Anonymous

24 Feb 2020

General Investing

What's the best platform to buy into S&P 500 if I wanna DCA $300/month and hold long term?

Due to the virus situation, is it a good time to buy into the S&P 500 now? What's the most cost-effective way to do this?

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Andy Sim

24 Feb 2020

HR Professional at a Financial Institution

You can try Saxo Markets. Min fee only $10 and trading fee 0.08%, one of the lowest I've seen. But the shares are held in a custodian account i.e. Saxo owns the stock instead of you. You may not be able to attend AGMs or have voting rights.

FSMOne RSP has the cheapest cost for yr scenario. $1.07 per transaction.
Since u r doing DCA, u should not b too worry about timing

One year ago, due to the us-china trade war, is it a good time to buy into the S&P 500 now?

one mo...

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