National Service (NS)
Asked 3d ago
I'm personally investing on 2 portfolios via SYFE. their REITS+ portfolio gives you access to 30 local REITS and equity100 invests in US ETFs like s&p500 and nasdaq100. You can split into 100 per month so you get a bit of both local and US market For diversification.
once your portfolio is a bit larger say $50k or so, you might consider switching to an ETF via broker directly. :)
Given $200 aint a large sum, i would suggest going for robos since most dont have a sales charge/comms which will be better at the moment. For instance, syfe 0.65% to 0.4% based on aum, Stashaway 0.8% and decreasing.
If u really want us snp etfs, go for Ireland domiciled using other brokers to save on the 15% withholding tax.
When You would be thinking of stocks
SWRD or ACWI could be first class options.
Since these are European domiciled and there is no 0.00 fee broker yet for
these markets, a different attractive option would be:
periodically buying ticker VT with TD Ameritrade for 0.00 USD per trade and no account management fees.
All, what You should not do, I wrote here:
Most of the information about robo advisors are summarised in this post! I think it's a really good read if you have time!
For specific stocks or shares in your portfolio, these will be recommended by the robo advisor based on your risk profile that you create for yourself!
For ETFs, the information can be found here! Though I myself am unfamiliar with ETFs so i cannot advice you accordingly.
Nevevrtheless, Good luck! :D
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