What’s the simplest way to invest in S&P 500? - Seedly
 

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S&P 500 Index

Asked by Anonymous

Asked on 04 Jan 2020

What’s the simplest way to invest in S&P 500?

What platform should I go through to invest in S&P 500? How do I go about doing this? What's the most cost-effective way to invest in the S&P 500?

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Frankie Aufhauser
Frankie Aufhauser
Level 7. Grand Master
Answered 2w ago

-cheap & safe online broker (Singapore, Germany or U.S.)

-ETFs: VOO, IVV, VUSA

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Lim Chun Long Jimmy
Lim Chun Long Jimmy, Co-founder at PolicyWoke Pte Ltd
Level 6. Master
Answered on 18 Jan 2020

Open a brokerage account from any regulated broker with strong regulatory nations such as Singapore and the US, and you can then invest in any ETF or mutual fund that tracks the performance of the S&P 500.

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Wilson Nid A Break
Wilson Nid A Break
Level 8. Wizard
Answered on 18 Jan 2020

Open a US brokerage account and manually DCA

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Bjorn Ng
Bjorn Ng
Top Contributor

Top Contributor (Jan)

Level 9. God of Wisdom
Answered on 18 Jan 2020

Open a US brokerage account and you are all set brother. Much lower commissions as well and you get to buy it directly.

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Choon Yuan Chan
Choon Yuan Chan
Top Contributor

Top Contributor (Jan)

Level 9. God of Wisdom
Answered on 18 Jan 2020

Open a foreign brokerage such as TD ameritrade ot interactive brokers, look for an S&P 500 etf and buy it.

Otherwise you cak check if vanguard offers a similar fund to this and purchase it

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Billy Ko
Billy Ko
Top Contributor

Top Contributor (Jan)

Level 7. Grand Master
Answered on 18 Jan 2020

S&P 500 is listed in Singapore market as well. Though its not really liquid but the ease of access is present.

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Catsnipss
Catsnipss

18 Jan 2020

What is the ticker symbol ?
Billy Ko
Billy Ko

18 Jan 2020

SPDR S&P 500 ETF (S27)

Set up a brokerage account with US market access and just buy it directly.

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pat
pat
Level 7. Grand Master
Answered on 17 Jan 2020

Get an account like TD and trade. Their commission are much lower compared to using local brokerage. You can go for leveraged counters like UVXY, VXX as some examples

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Simplest way is just invest US domiciled S&P 500 ETFs from any local brokerage but comes with higher fees and higher withholding dividend tax.

Better way is to invest with Standard chartered and buy Ireland domiciled S&P 500 listed on the London stock exchange which have slightly lower fees than other local brokers and reduced the withholding dividend tax from 30% to 15%. Interactive brokers is good as well but charge minimum activity fees of $10 per month if you have less than 100k USD with them. But trading commission fees is part of the $10. So if you have $5 trading fees on a particular month, you only have to pay $5 for minimum activity fees.​​​

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Frankie Aufhauser
Frankie Aufhauser

2w ago

This is so helpful 👍
Vikneswaran Kumaran

2w ago

I'd recommend going with an ETF domiciled in Ireland as well to reduce the dividend witholding tax you'd be subject to. Also, you can consider between an ETF that distributes dividends to you Vs an ETF that accumulated the dividends and reinvests it automatically for you. If it's the latter, you won't be subject to any dividend handling charges that your platform may levy and dividend reinvestment is automatically taken care of for you.
Jonathan Chia Guangrong
Jonathan Chia Guangrong, Fund Manager at JCG Fund
Level 8. Wizard
Answered on 05 Jan 2020

Open a brokerage account with either Td Ameritrade or interactive brokers. Avoid the local brokers as they charge hefty fees.

You can find a list of ETFs that track the S&P500 here: https://etfdb.com/index/sp-500-index/

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HeYuan Chen
HeYuan Chen

2w ago

If you only have a limited pool of funds, jus open standcharted online trading ac - uk market.. Buy iwda or vwrd.