FIRST TIME INVESTOR
VDHG Investments
Hello I am starting my investing journey. Im keen on investing in VDHG. This maybe a stupid question but just wanted to know whether I have to invest 500$ everytime I want to buy the ETF? Also any advice for a newbie is welcome Any feedback is welcome
Dapana null.
1 October 2024
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2 Comments
5 months ago
Hi Dapana.
I think after the first initial purchase it is possible to invest less than $500 into an ETF. I’ve never done it personally so cannot verify for sure.
The problem is that then brokerage becomes a bigger percentage of your investment amount. For this reason, most people suggest investing $500 to $1000 at a time as a minimum to reduce the impact of brokerage.
Cheers, Dave
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