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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

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Dapana null.

1 October 2024

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Dave Gow - Strong Money Australia

INVESTOR

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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